Nasdaq futures rose 2% in pre-market trading on November 11, according to market data, after CoreWeave’s earnings beat estimates. S&P 500 futures gained 0.9% and Dow futures rose 0.19%.

Optical communication stocks led the gains:

  • AXT (AXTI): +10.15%

  • Lumentum (LITE): +9.47%

  • Coherent (COHR): +9.40%

  • Marvell Technology (MRVL): +8.09%

  • Applied Optoelectronics (AAOI): +8.03%

  • Ciena (CIEN): +7.27%

  • Fabrinet (FN): +5.56%

Semiconductor and memory stocks also rose:

  • Seagate Technology (STX): +8.64%

  • SanDisk (SNDK): +8.59%

  • Western Digital (WDC): +7.29%

  • AMD: +7.29%

  • Micron Technology (MU): +6.88%

  • Intel (INTC): +6.73%

  • Nvidia (NVDA): +4.09%

Crypto stocks edged higher:

  • SharpLink (SBET): +1.88%

  • Strategy (MSTR): +1.13%

  • Circle (CRCL): +1.12%

  • BitMine (BMNR): +0.64%