Nasdaq-100 Rises 2% in Early Trading as Nvidia, AMD and CoreWeave Rally

Nasdaq sign at a New York office entrance, archive photo uploadedSeptember2008. Not today's market session.
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Nasdaq sign, archive: Gabriele Giuseppini / Wikimedia (CC BY 3.0, cropped)

The Nasdaq-100 rose 2% in early trading Wednesday as Nvidia, Advanced Micro Devices and CoreWeave carried their premarket rally into the regular U.S. session.

At 9:32 a.m. Eastern, Nasdaq’s index data showed the Nasdaq-100 up 560.14 points, or 2.02%, at 28,300.94. The Nasdaq Composite gained 428.93 points, or 1.71%, to 25,494.81. Nasdaq says its displayed index quotes are delayed by at least one minute.

Nvidia traded at $174.07, up 3.07%, at 9:34 a.m. Eastern. AMD was up 3.63% at $533.9188, and CoreWeave gained 12.35% to $54.75, according to Nasdaq’s real-time regular-session stock quotes at the same time.

Earlier Wednesday, Nasdaq-100 futures rose nearly 2% as Nvidia, Advanced Micro Devices and CoreWeave rallied in premarket trading, pointing to a stronger start for technology shares before the U.S. cash market opened.

December E-mini Nasdaq-100 futures were up 521 points, or 1.87%, at 28,356.25 in CME Group data checked shortly after 8:47 a.m. Eastern. The exchange quote was delayed by at least 10 minutes, with the contract last updated at 8:37:59 a.m. Eastern.

At about 8:47 a.m. Eastern, Nasdaq exchange data showed Nvidia up 3.76% at $175.2389, while AMD gained 5.07% to $541.3505. CoreWeave rose 15.14% to $56.11.

Other technology shares also advanced before the opening bell. Sandisk was up 8.15%, and Marvell Technology gained 8.75%.

The moves followed CoreWeave’s quarterly results released Tuesday. The company raised its 2026 revenue forecast to $13 billion-$13.3 billion and reported third-quarter revenue of $3.661 billion. Its quarterly net loss was $709 million.

The earlier figures above are premarket share moves and futures prices, not gains in the regular U.S. cash session. The opening-session update uses separate regular-session quotes, with each quote time identified.

Veterans Day also makes Wednesday an unusual trading day for fixed income. SIFMA recommended a full close for U.S. dollar-denominated bond markets on November 11. The industry group notes that its recommendation is voluntary and each firm decides whether its fixed-income departments remain open.

JBizNews Desk | New York

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