Bloom Energy Among Three Companies Selected for S&P 500 Inclusion
S&P 500 Adds Bloom Energy, Everpure and Illumina in Quarterly Index Rebalance
Bloom Energy Corp., Illumina Inc. and Everpure Inc. are set to join the S&P 500 as part of the benchmark’s latest quarterly reshuffle. S&P Dow Jones Indices said the changes will take effect before the opening bell on Monday, Sept. 21, prompting index-tracking funds to adjust their portfolios.
Bloom Energy will replace Molson Coors Beverage Co., while Everpure will take the place of The Trade Desk Inc. Illumina will replace Builders FirstSource Inc. Everpure and Illumina are being promoted from the S&P MidCap 400, while the three companies leaving the S&P 500 are scheduled to move to the S&P SmallCap 600.
The announcement triggered gains in extended trading. Bloom Energy led the advance, rising 7.5%, while Illumina gained 2% and Everpure added 2.2%. Builders FirstSource declined 1.8% after hours. The moves reflect expectations that index funds and exchange-traded funds will buy the incoming constituents and sell the companies being removed.
Bloom Energy provides fuel-cell systems that generate on-site electricity for businesses and data centers. Everpure supplies data-storage and data-management technology, while Illumina develops DNA-sequencing and genomic-analysis systems. The reshuffle adds one company each to the information technology and healthcare sectors while reducing representation in consumer staples and communication services.
Is Bloom Energy Stock Halal? Check Shariah Status →
Is Illumina Inc Stock Halal? Check Shariah Status →
Is Everpure Inc Stock Halal? Check Shariah Status →
S&P Dow Jones Indices also announced changes to the S&P 100, adding Dell Technologies, Palo Alto Networks, Arista Networks and Sandisk. The four technology companies will replace Honeywell Aerospace, Nike, Simon Property Group and Colgate-Palmolive, making the large-cap index more technology-focused by company count.
Key Points
Bloom Energy, Illumina and Everpure will join the S&P 500 before trading begins on Sept. 21.
Bloom Energy will replace Molson Coors, Everpure will replace The Trade Desk, and Illumina will replace Builders FirstSource.
Bloom Energy rose 7.5% in extended trading, while Illumina gained 2% and Everpure climbed 2.2%.
Everpure and Illumina will move up from the S&P MidCap 400; the three outgoing S&P 500 companies will shift to the S&P SmallCap 600.
Dell Technologies, Palo Alto Networks, Arista Networks and Sandisk will join the S&P 100.
SHARIAH Compliance Metrics
BE is “HALAL” based on AAOIFI methodology as of Q2 2026 report.
Business Activity 97.77% Halal, Doubtful is 0.0%, and non-Halal is 2.23%.
Interest-bearing securities and assets = 16.67% (Shariah-complaint is < 30%).
Interest-bearing debt = 16.64% (Shariah-complaint is < 30%).
You can get a more detailed breakdown of Bloom Energy Shariah status on its stock page
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Ali Merchant is a seasoned financial markets professional specializing in technical analysis, treasury & capital markets, trading, research, and fund management. He is Strategic Advisor at Musaffa and Founder of TWT Learning, which provides education, research, and advisory services to fund and hedge managers and family offices. Ali has traded FX, FX options, US stocks & options, indices, commodities, oil and metals futures, and holds a CMT charter with memberships in AAPTA and CMT, US & Canada. He has worked with ABN AMRO, Thomson Reuters/Refinitiv, MAK Allen & Day Capital, and Bridge Information Systems, produced TA reports for Bloomberg and Reuters, and trained 2,000+ market participants across North America, the GCC and Asia.