Nasdaq 100 Movers: ANSS, CEG; Constellation Energy Leads Gains, Ansys Leads Losses

The Nasdaq 100 index is led by Constellation Energy, which is up 3.2% in early trading. Ansys is the worst performer, down 4.7%. Netflix and PDD Holdings are also moving, down 4.5% and up 2.5%, respectively. These stocks are part of the Nasdaq 100 index.

The Nasdaq 100 index experienced a mixed performance in early trading on July 2, 2025, with notable movements among several key stocks. Constellation Energy (CEG), a leading U.S. clean energy company, led the index with a 3.2% increase in early trading. Conversely, Ansys Inc. (ANSS) was the worst performer, declining by 4.7%. Netflix Inc. (NFLX) and PDD Holdings Inc. (PDD) also moved significantly, with Netflix down 4.5% and PDD Holdings up 2.5%.

Constellation Energy's strong performance can be attributed to its robust demand for clean, reliable power from hyperscalers and a series of long-term power purchase agreements (PPAs), including a 20-year deal with Microsoft for the Crane Clean Energy Center and a similar agreement with Meta for the Clinton plant [3]. The company's nuclear fleet, with an industry-leading capacity factor of over 94%, ensures stable output and contributes to its high profitability, with an EBITDA margin of ~27% and a net income margin of ~15.8% [3].

Ansys Inc., a software company specializing in simulation and product design, faced a significant decline. The reasons for Ansys's poor performance are not explicitly stated in the provided materials, but the stock's movement could be influenced by various factors such as earnings reports, market sentiment, or sector-specific news.

Netflix, a streaming giant, saw a 4.5% decrease in its stock price. This decline could be due to various factors, including changes in subscriber growth, content costs, or market competition. PDD Holdings, an e-commerce company, saw a 2.5% increase, potentially driven by strong earnings reports or positive market sentiment.

The Nasdaq 100 index's mixed performance highlights the diverse factors affecting individual stocks within the technology sector. Investors should closely monitor these companies' earnings reports and other relevant news to understand the underlying reasons for their stock movements.

References:
[1] https://www.indexbox.io/blog/stocks-edge-higher-as-sp-500-and-nasdaq-100-reach-new-highs/
[2] https://www.nytimes.com/section/markets-overview
[3] https://finimize.com/content/ceg-asset-snapshot