Tech Stocks Rally as S&P 100 Adds SNDK, DELL and PANW

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Source: Yahoo Finance
Tech Stocks Rally as S&P 100 Adds SNDK, DELL and PANW
Photo: Yahoo Finance
TL;DR Summary

Tech stocks rallied after S&P Dow Jones Indices announced Sandisk (SNDK), Dell Technologies (DELL) and Palo Alto Networks (PANW) would join the S&P 100, with Arista Networks also added; the rebalance takes effect Sept. 21. SNDK surged about 11–12% in after-hours trading, while DELL and PANW gained modestly, reflecting index-demand dynamics and tech leadership in the market. Analysts have issued bullish targets on memory names like SNDK and MU, suggesting further upside amid AI-driven demand.

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