The S&P 500 index undergoes a quarterly reorganization: Bloom Energy (BE.US) stands out due to AI computing power demand, while Illumina (ILMN.US) and Everpure (P.US) are included.

S&P Dow Jones Indices announced on Friday that Bloom Energy Corp. (BE.US), Illumina Inc. (ILMN.US), and Everpure Inc. (P.US) will be added to the S&P 500 Index in the latest quarterly adjustment. According to the index provider, these three companies will replace Molson Coors Beverage Co., Trade Desk Inc., and Builders FirstSource Inc. before the market opens on September 21. In after-hours trading, Bloom Energy's stock rose by 6%, Illumina increased by 1.7%, and Everpure climbed by 2.2%. Fuel cell manufacturer Bloom Energy reported earnings in July that more than doubled expectations, and raised its full-year outlook for the second consecutive quarter, indicating strong demand from data centers. The company produces fuel cells that generate power using natural gas, with significant demand for its systems in data center applications. Life sciences company Illumina also raised its full-year revenue forecast in July to levels above analysts' estimates, while computer storage company Everpure reported results that also exceeded expectations. The growth of passive investing has elevated the significance of being included in the S&P 500 index. According to the guidance from July, companies must have a market capitalization of at least $22.7 billion and meet profitability, liquidity, and float requirements to qualify for inclusion in the index. As part of a non-cyclical adjustment, Reddit Inc. was added to the S&P 500 index in August, replacing AvalonBay Communities Inc.