AI’s ongoing boom continues to drive global technology investment trends, and the market is now facing two pivotal developments. On one hand, the latest quarterly rebalancing of the Nasdaq 100 has officially added companies representing AI cloud computing, data centers, and the space industry, signaling a steady flow of capital into AI infrastructure. On the other, Micron Technology’s earnings report and the release of six major economic indicators—including PCE, GDP, and durable goods orders—are all scheduled for this week, marking what many are calling a "super data week."
With the interplay between index adjustments and macroeconomic data, global tech stocks and AI-related sectors are expected to see a new wave of volatility. For investors, quickly grasping market shifts and flexibly allocating assets will be crucial for positioning themselves for the second half of the year.
Nasdaq 100 Rebalancing: AI Infrastructure Emerges as the Biggest Winner
(Source: TradingView)
On June 12, Nasdaq Global Indexes announced the results of its latest quarterly rebalancing, with the new constituents set to take effect on June 22.
The five companies added each represent distinct trends in AI and technology:
- CoreWeave (CRWV): AI cloud computing services
- Astera Labs (ALAB): High-speed interconnect chips for AI data centers
- Rocket Lab (RKLB): Space launch and satellite industry
- Nebius Group (NBIS): AI infrastructure services
- Teradyne (TER): Semiconductor testing equipment
Meanwhile, Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler have been removed from the index.
This adjustment underscores the Nasdaq 100’s ongoing tilt toward AI infrastructure, high-performance computing, and next-generation technology sectors, refocusing the market on AI’s long-term growth potential.
Why Are CoreWeave and Rocket Lab in the Spotlight?
(Source: CoreWeave)
Among the newly added companies, CoreWeave and Rocket Lab have attracted the most market attention. CoreWeave is a key provider of AI cloud computing power and a major partner in the NVIDIA ecosystem. As large language models and AI applications grow rapidly, demand for GPU computing continues to surge, making CoreWeave a prime beneficiary of AI infrastructure expansion.
(Source: RocketLab)
Rocket Lab, often dubbed a "mini SpaceX," specializes in small satellite launches and space services. The fast-paced development of low-earth orbit satellites, space communications, and commercial aerospace has drawn significant growth capital into the sector. With the Nasdaq 100 tracked by over 200 investment products and managing roughly $800 billion in assets, the inclusion of these new constituents is likely to trigger passive fund allocations, further boosting market attention for these companies.
Super Data Week: Micron Earnings and PCE Take Center Stage
Beyond the index reshuffle, June 24–26 marks what the market recognizes as a super data week. Micron Technology will be first to release its fiscal Q3 2026 earnings. As a bellwether for AI memory demand, Micron’s performance is seen as a key indicator for the health of the AI industry.
In addition, the U.S. will release five major economic indicators:
PCE Price Index
The PCE (Personal Consumption Expenditures) Price Index is the Federal Reserve’s preferred inflation gauge and a crucial reference for the timing of rate cuts. If the data comes in below expectations, it could strengthen prospects for rate cuts in the second half of the year.Final Q1 GDP
The final GDP reading will confirm economic growth in the first quarter. Significant revisions may alter market perceptions of the business cycle.Durable Goods Orders
Durable goods orders reflect corporate investment in equipment and are viewed as a leading indicator of capital expenditure.Personal Spending and Income
Consumer spending is a major driver of the U.S. economy. These data points directly reflect consumer purchasing power and domestic demand.Initial Jobless Claims and Consumer Confidence
The labor market and consumer confidence are real-time indicators of economic resilience and will influence expectations for future corporate earnings.
Will the AI Investment Theme Continue? This Week Is Pivotal
AI has emerged as one of the most important investment themes worldwide this year. From AI chips and cloud computing to data centers, high-speed interconnects, and low-earth orbit satellites, capital continues to flow into infrastructure-related sectors. With the Nasdaq 100 now including AI cloud computing and space concepts among its core constituents, the market is redefining the scope of AI ecosystem investments. If Micron’s earnings exceed expectations and PCE data shows cooling inflation, the market may further strengthen its outlook for AI and tech sector growth, attracting even more capital to related segments.
Gate Stock Web Platform Launch: One-Stop Access to Global Tech Investment Opportunities
As AI, semiconductors, space technology, and global capital markets evolve rapidly, investors are increasingly seeking cross-market asset allocation solutions. Gate has officially launched its stock trading web platform, offering full coverage across both app and web interfaces. Users can trade stocks and ETFs directly on the platform using USDT, eliminating the need for traditional brokerage accounts or USD conversions and significantly lowering the barriers to cross-market investing.
Gate Stock currently supports over 11,500 stocks and ETFs, including more than 10,000 U.S. stocks and ETFs across major exchanges such as Nasdaq, NYSE, NYSE Arca, NYSE American, and BATS. It also offers access to more than 1,500 Hong Kong-listed securities, providing comprehensive global market allocation options. The platform features fractional share trading starting at 0.01 shares, 16×5 pre-market and after-hours trading, unified account management, and centralized viewing of holdings and profit/loss information, helping investors efficiently capture opportunities in AI, tech innovation, and global markets.
Conclusion
The latest Nasdaq 100 rebalancing highlights AI cloud computing, data centers, and the space industry as core investment themes, while Micron’s earnings and six major economic data releases will shape market expectations for AI and tech stocks going forward. As global capital markets enter a period of heightened volatility and attention, investors need more convenient cross-market investment tools in addition to tracking industry trends. With Gate’s stock web platform, investors can flexibly participate in global stock and ETF markets using USDT, seizing diversified global asset allocation opportunities in the age of AI.
