Nasdaq announced on Thursday that its June 2026 quarterly rebalance of the Nasdaq-100 Index will take effect before market open on Monday, June 22, adding Astera Labs, CoreWeave, Nebius Group, Rocket Lab and Teradyne while removing Charter Communications, Cognizant Technology Solutions, Insmed, Verisk Analytics and Zscaler.
The Nasdaq-100 is tracked by more than 200 investment products, including the Invesco QQQ ETF, with over $800 billion in assets under management globally. Index trackers will need to buy the incoming names and sell the outgoing ones around the effective date, creating flow that can move prices in both directions.
The additions are concentrated in AI infrastructure and advanced technology. CoreWeave operates GPU cloud infrastructure, Astera Labs makes connectivity chips for data centres, and Nebius Group is an AI-focused cloud platform. Rocket Lab, a launch and space systems company, and semiconductor test equipment maker Teradyne round out the incoming group.
Nasdaq conducts quarterly reviews in March, June and September to keep the benchmark aligned with prevailing market conditions, according to its index methodology documentation. The index measures the performance of 100 of the largest Nasdaq-listed non-financial companies.
