🚀 CoreWeave Jumps ~15% Pre-Market, Pulling the AI Trade Back to Life
$CRWV reported Q3 results after Tuesday's close: revenue grew 168% to $3.66B, and the company raised its 2026 revenue outlook to $13.0B–$13.3B. In Wednesday's pre-market, shares were up roughly 15%. The move is lifting chips too: $NVDA is up about 4% after two straight losing sessions, with $MU, $AMD and $INTC also higher. Nasdaq-100 futures are up ~1.9% and S&P 500 futures ~0.8%, after Tuesday's hotter-than-expected core CPI pushed the S&P 500 down 0.4% and the Nasdaq down 0.7%.
Why it matters:
• Neocloud stocks had sold off on debt and financing worries; a beat-and-raise directly answers that concern.
• CoreWeave is a major buyer of Nvidia GPUs, so its demand signal reaches across the AI supply chain.
• The 10-year yield is near 5%, so rates remain the main risk to this rebound.
What to watch next:
• US open today, 9:30 AM ET (17:30 Istanbul). The US bond market is closed for Veterans Day; stocks trade normally.
• Thursday, Nov 12: Nebius ($NBIS) earnings before the open, plus Cisco, Applied Materials and Cerebras.
• Friday, Nov 13: US PPI at 8:30 AM ET (16:30 Istanbul).
Not financial advice.
#CoreWeave #AIStocks #Nvidia #StockMarket #Earnings
$CRWV reported Q3 results after Tuesday's close: revenue grew 168% to $3.66B, and the company raised its 2026 revenue outlook to $13.0B–$13.3B. In Wednesday's pre-market, shares were up roughly 15%. The move is lifting chips too: $NVDA is up about 4% after two straight losing sessions, with $MU, $AMD and $INTC also higher. Nasdaq-100 futures are up ~1.9% and S&P 500 futures ~0.8%, after Tuesday's hotter-than-expected core CPI pushed the S&P 500 down 0.4% and the Nasdaq down 0.7%.
Why it matters:
• Neocloud stocks had sold off on debt and financing worries; a beat-and-raise directly answers that concern.
• CoreWeave is a major buyer of Nvidia GPUs, so its demand signal reaches across the AI supply chain.
• The 10-year yield is near 5%, so rates remain the main risk to this rebound.
What to watch next:
• US open today, 9:30 AM ET (17:30 Istanbul). The US bond market is closed for Veterans Day; stocks trade normally.
• Thursday, Nov 12: Nebius ($NBIS) earnings before the open, plus Cisco, Applied Materials and Cerebras.
• Friday, Nov 13: US PPI at 8:30 AM ET (16:30 Istanbul).
Not financial advice.
#CoreWeave #AIStocks #Nvidia #StockMarket #Earnings