Stock Market Today (Nov. 11, 2026): S&P 500 rises on CoreWeave earnings, AI rebound
S&P 500 rose Wednesday after a Tuesday sell-off driven by inflation data and Nvidia's (NVDA) scandal. Nvidia shares rebounded after a 2-day drop, while CoreWeave (CRWV) surged on strong earnings and raised outlook. Investors reassess Fed rate hike expectations, with 3 hikes now priced in.
How this was made
The 30-second read
Why it matters
CoreWeave's earnings lift AI‑related sentiment; Nvidia's scandal adds short‑term risk to the broader chip sector.
Market read
Both stories affect technology and AI‑focused equities, with CoreWeave offering a bullish catalyst and Nvidia introducing uncertainty.
What to watch
CoreWeave's growth is tied to AI demand, which could face longer‑term regulatory risks.
Background
The live blog recaps market moves after an inflation surprise and a scandal at Nvidia, while highlighting CoreWeave's earnings beat.
Ticker impact
CoreWeave reported better‑than‑expected quarterly revenue and raised its revenue outlook, driving its shares to soar.
likely upward pressure as investors price in the raised outlook
Earnings beat and guidance raise suggest stronger near‑term growth, prompting buying interest.
Nvidia faced a scandal involving its CEO and alleged Chinese espionage, prompting a two‑day sell‑off and subsequent rebound.
potential pressure as market assesses security concerns
Allegations of espionage raise uncertainty, but the stock rebounded, indicating mixed sentiment.
Market effects
AI‑related stocks may see heightened scrutiny and volatility.
U.S. equities were pressured by inflation data and rate‑hike expectations.
The Nvidia scandal could influence global semiconductor sentiment.
Counterpoint
The Nvidia scandal may be overblown; the rebound suggests resilience.
Key entities
- companyCoreWeave
AI cloud provider that beat revenue expectations.
- companyNvidia
Chipmaker embroiled in a CEO espionage scandal.
