US Open: Nasdaq 100 rises nearly 2% as CoreWeave and Nvidia rebound đ EURUSD hits its lowest level since May 12, 2026
CoreWeave shares rose 10% after reporting Q3 revenue of $3.66B, beating estimates, and raising 2026 guidance. Nvidia rebounded 5% after a 10% decline. Nasdaq 100 gained 2%, S&P 500 1%, and Dow 0.3%. Oil prices rose to $93/barrel due to geopolitical tensions.
How this was made

The 30-second read
Why it matters
CoreWeave's guidance lift provides a concrete catalyst for AI infrastructure exposure, while Nvidia's rebound reflects shortâterm sentiment recovery.
Market read
Both companies drive a nearâ2% rise in the Nasdaq 100, with spillâover effects to Asian and European tech stocks.
What to watch
Potential slowdown if financing conditions tighten further; Nvidia's rebound may be fragile amid governance concerns.
Background
The article combines a fresh earnings release from CoreWeave with a market move in Nvidia, set against a broader rally in tech indices.
Ticker impact
CoreWeave reported Q3 2026 results beating revenue expectations and raised FY guidance, driving a >10% preâmarket rally.
upward pressure as investors price in higher revenue and operating income outlook
Revenue +168% YoY beat and guidance lift are fresh primary disclosures, prompting fresh buying.
Nvidia rebounded >5% after a prior decline linked to CEO scandal, contributing to Nasdaq 100 gains.
potential modest upside but volatility risk from ongoing governance concerns
Price move is reactionary to news, not a new fundamental catalyst.
Market effects
CoreWeave's AI demand surge may lift broader neocloud and AI infrastructure stocks.
Asian tech indices rose on CoreWeave results, boosting SK Hynix, Samsung, Infineon, ASMI, STMicro, ASML.
Nasdaq 100 up ~2% as AIârelated earnings drive market breadth.
Counterpoint
CoreWeave's high debt and rising interest expense could limit upside despite earnings beat.
Key entities
- companyCoreWeave
AI cloud infrastructure provider reporting Q3 2026 results.
- companyNvidia
Chipmaker experiencing a rebound after a scandalârelated decline.




