<p>Six tech companies were added to the Nasdaq-100 Index (Nasdaq: NDX) last week in an annual reconstitution of the index.</p>
<p>The following six companies were added to the Nasdaq 100: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. (Nasdaq: DDOG). All are based in the Bay Area except for Datadog from NY.</p>
<p>The Nasdaq-100 Index is made up of the 100 largest non-financial companies listed on <span class="xn-org">The Nasdaq Stock Market</span>. It began in <span class="xn-chron">January 1985</span> when it was launched along with the Nasdaq Financial-100 Index, which is comprised of the 100 largest financial stocks on Nasdaq. These indexes act as benchmarks for financial products such as options, futures, and funds. The Nasdaq-100 Index is reconstituted each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter.</p>
<p>The Nasdaq-100 Index is the basis of the Invesco QQQ Trust (Nasdaq: QQQ) which aims to provide investment results that, before expenses, correspond with the Nasdaq-100 Index performance. In addition, options, futures and structured products based on the Nasdaq-100 Index and the <span class="xn-org">Invesco QQQ Trust</span> trade on various exchanges.</p>
<p>As a result of the reconstitution, the following six companies were removed from the Index: CDW Corporation (Nasdaq: CDW), Fox Corporation (Nasdaq: FOXA/<span class="xn-org">FOX</span>), Cerner Corporation (Nasdaq: CERN), Check Point Software Technologies Ltd. (Nasdaq: CHKP), Trip.com Group Limited (Nasdaq: <span class="xn-org">TCOM</span>), Incyte Corporation (Nasdaq: INCY).</p>

SANTA CLARA -- The Silicon Valley Engineering Council (SVEC) announces the induction of Andrea J. Goldsmith, PhD and R.…
CardVault by Tom Brady, the first national retailer dedicated to sports cards, trading cards, and…
SAN FRANCISCO & TRONDHEIM, NORWAY -- Trener Robotics (formerly T-Robotics), developer of an AI robot…
SUNNYVALE— Cerebras Systems has announced the closing of a $1 billion Series H financing at…
SAN FRANCISCO -- Big Health, a developer of digital treatments for the most pervasive mental…
BERKELEY -- Deep Fission, anadvanced nuclear energy company placing small modular pressurized water reactors (SMRs)…