Premarket report
Pre-open · Wed Nov 11
CoreWeave's revenue beat, raised outlook and prepayment-based financing plan sent $CRWV up 16% and revived the AI trade: $NBIS rose 14%, chip, optical and storage names gained 7–10%, and $NVDA rebounded 4% despite scrutiny of its CEO. $RUM rose 6% on Q3 results. Corteva and Franco-Nevada report after the close.
Overnight movers
US-listed, $5B+| Ticker | Ext. price | Implied | Why | ||
|---|---|---|---|---|---|
$CRWV CoreWeave, Inc. Earnings: Revenue beat, raised outlook, financing via customer prepayments, not new debt | +15.71% | $26.9B | Earnings: Revenue beat, raised outlook, financing via customer prepayments, not new debt | ||
$NBIS Nebius Group N.V. Sympathy with $CRWV: AI cloud peer rallied after CoreWeave's beat and raised outlook | +13.73% | $34.0B | Sympathy with $CRWV: AI cloud peer rallied after CoreWeave's beat and raised outlook | ||
$SITM SiTime Corporation Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | +10.23% | $13.4B | Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | ||
$COHR Coherent Corp. Sector move with $CRWV: Optical networking supplier rose with AI infrastructure rally after CoreWeave beat | +10.13% | $42.3B | Sector move with $CRWV: Optical networking supplier rose with AI infrastructure rally after CoreWeave beat | ||
$APLD Applied Digital Corporation Sympathy with $CRWV: AI data-center operator rose after CoreWeave's beat and raised outlook | +10.07% | $5.0B | Sympathy with $CRWV: AI data-center operator rose after CoreWeave's beat and raised outlook | ||
$LITE Lumentum Holdings Inc. Sector move with $CRWV: Optical networking names rallied on AI demand after CoreWeave beat | +9.94% | $53.1B | Sector move with $CRWV: Optical networking names rallied on AI demand after CoreWeave beat | ||
$HGTY Hagerty, Inc. No clear catalyst in coverage yet | -9.39% | $6.0B | No clear catalyst in coverage yet | ||
$GLXY Galaxy Digital Sector move with $CRWV: Crypto and AI data-center hosts rallied after CoreWeave's results | +9.34% | $8.3B | Sector move with $CRWV: Crypto and AI data-center hosts rallied after CoreWeave's results | ||
$STX Seagate Technology Holdings plc Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | +9.25% | $115.2B | Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | ||
$FPS Forgent Power Solutions, Inc. Sector move with $CRWV: Power equipment maker rose with AI data-center rally after CoreWeave beat | +9.12% | $6.9B | Sector move with $CRWV: Power equipment maker rose with AI data-center rally after CoreWeave beat |
Trending
StockTwits rank, not already a mover| Ticker | Ext. price | Implied | Why | ||
|---|---|---|---|---|---|
$RUM RUM Group Inc. Earnings: Q3 revenue beat and first adjusted-EBITDA profit | +6.26% | $2.0B | Earnings: Q3 revenue beat and first adjusted-EBITDA profit | ||
$RGTI Rigetti Computing Inc Earnings: Up despite EPS miss and softer revenue outlook; no clear reason yet | +2.99% | $4.1B | Earnings: Up despite EPS miss and softer revenue outlook; no clear reason yet | ||
$CAPR Capricor Therapeutics Inc Management reaffirmed confidence ahead of Nov. 22 FDA decision on deramiocel | +4.23% | $515.7M | Management reaffirmed confidence ahead of Nov. 22 FDA decision on deramiocel | ||
$NLST Netlist Inc Earnings: EPS missed estimates; Q4 outlook sees higher operating income, product sales | — | $2.3B | Earnings: EPS missed estimates; Q4 outlook sees higher operating income, product sales | ||
$NVDA NVIDIA Corp Sympathy with $CRWV: Rebound after CEO-controversy selloff; CoreWeave results cited as AI demand proof | +3.60% | $4.1T | Sympathy with $CRWV: Rebound after CEO-controversy selloff; CoreWeave results cited as AI demand proof |
↳ Inside the Semiconductors move
CoreWeave's revenue beat and raised outlook renewed AI-compute demand confidence, lifting chip names.
6 Semiconductors stocks rose 7–10% together overnight, set off by $CRWV. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$SITM SiTime Corporation Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | +10.23% | $13.4B | Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | ||
$SMTC Semtech Corporation Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | +9.26% | $10.6B | Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | ||
$MRVL Marvell Technology, Inc. Sector move with $CRWV: AI chip designer rose as CoreWeave results eased AI demand worries | +9.02% | $138.9B | Sector move with $CRWV: AI chip designer rose as CoreWeave results eased AI demand worries | ||
$MTSI MACOM Technology Solutions Holdings, Inc. Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | +7.74% | $17.3B | Sector move with $CRWV: Chip stocks rallied as CoreWeave results eased AI demand worries | ||
$MU Micron Technology, Inc. Sector move with $CRWV: Memory maker rose as CoreWeave results eased AI demand worries | +7.45% | $820.4B | Sector move with $CRWV: Memory maker rose as CoreWeave results eased AI demand worries | ||
$ALAB Astera Labs, Inc. Sector move with $CRWV: AI connectivity chip names rallied after CoreWeave's beat | +7.16% | $37.8B | Sector move with $CRWV: AI connectivity chip names rallied after CoreWeave's beat |
↳ Inside the Communication Equipment move
CoreWeave's strong results revived AI demand bets, lifting optical and networking gear makers.
3 Communication Equipment stocks rose 7–10% together overnight, set off by $CRWV. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$LITE Lumentum Holdings Inc. Sector move with $CRWV: Optical networking names rallied on AI demand after CoreWeave beat | +9.94% | $53.1B | Sector move with $CRWV: Optical networking names rallied on AI demand after CoreWeave beat | ||
$CIEN Ciena Corporation Sector move with $CRWV: Networking gear rallied on AI demand after CoreWeave beat | +7.82% | $38.6B | Sector move with $CRWV: Networking gear rallied on AI demand after CoreWeave beat | ||
$HPE Hewlett Packard Enterprise Company Sector move with $CRWV: AI server and networking names rallied after CoreWeave beat | +7.03% | $63.6B | Sector move with $CRWV: AI server and networking names rallied after CoreWeave beat |
↳ Inside the Capital Markets move
Crypto miners and AI data-center hosts rose with the AI infrastructure rally after CoreWeave's beat.
3 Capital Markets stocks rose 7–9% together overnight, set off by $CRWV. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$GLXY Galaxy Digital Sector move with $CRWV: Crypto and AI data-center hosts rallied after CoreWeave's results | +9.34% | $8.3B | Sector move with $CRWV: Crypto and AI data-center hosts rallied after CoreWeave's results | ||
$HUT Hut 8 Corp. Sector move with $CRWV: Crypto miners with AI hosting rallied after CoreWeave's results | +9.21% | $6.8B | Sector move with $CRWV: Crypto miners with AI hosting rallied after CoreWeave's results | ||
$WULF TeraWulf Inc. Sector move with $CRWV: Crypto miners with AI hosting rallied after CoreWeave's results | +7.01% | $6.3B | Sector move with $CRWV: Crypto miners with AI hosting rallied after CoreWeave's results |
↳ Inside the Electronic Components move
CoreWeave's beat and raised outlook lifted AI data-center component suppliers.
3 Electronic Components stocks rose 7–9% together overnight, set off by $CRWV. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$VICR Vicor Corporation Sector move with $CRWV: Data-center power components rose with AI rally after CoreWeave beat | +8.84% | $7.5B | Sector move with $CRWV: Data-center power components rose with AI rally after CoreWeave beat | ||
$TTMI TTM Technologies, Inc. Sector move with $CRWV: Circuit board maker rose with AI infrastructure rally after CoreWeave beat | +7.83% | $7.6B | Sector move with $CRWV: Circuit board maker rose with AI infrastructure rally after CoreWeave beat | ||
$GLW Corning Incorporated Sector move with $CRWV: Optical fiber maker rose with AI infrastructure rally after CoreWeave beat | +7.31% | $96.6B | Sector move with $CRWV: Optical fiber maker rose with AI infrastructure rally after CoreWeave beat |
↳ Inside the Computer Hardware move
Storage and server makers rallied as CoreWeave's results eased AI spending worries.
3 Computer Hardware stocks rose 8–9% together overnight, set off by $CRWV. These are all the stocks in the group.
| Ticker | Overnight | Mkt cap | Ext. price | Implied | Why |
|---|---|---|---|---|---|
$SNDK Sandisk Corporation Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | +8.78% | $122.4B | Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | ||
$WDC Western Digital Corporation Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | +8.67% | $108.3B | Sector move with $CRWV: Storage makers rallied with AI infrastructure after CoreWeave beat | ||
$DELL Dell Technologies Inc. Sector move with $CRWV: AI server maker rose with hardware rally after CoreWeave beat | +8.22% | $212.6B | Sector move with $CRWV: AI server maker rose with hardware rally after CoreWeave beat |
S&P 500 sectors
As of Wed 08:30 · vs last close- Technology+2.92%
- Energy+1.16%
- Industrials+1.10%
- Materials+0.28%
- Communication Services+0.27%
- Consumer Discretionary-0.02%
- Utilities-0.11%
- Financials-0.24%
- Real Estate-0.31%
- Consumer Staples-0.63%
- Health Care-0.74%
A snapshot from when this report ran; it doesn't update. Based on sector ETFs, which can trade thinly before the open.
Earnings · next 3 days
$2B+ US-listed- Wed Nov 11Pre-market
- $GIB
- $TEO
- $BGSI
- $RUM
Time TBD- $ECO
After close- $FNV
- $VYLR
- $TTEK
- $CAE
- $CTVA
- $OR
- $BLTE
- $UGP
- $ENS
- $ERAS
- $TNK
- $DGII
- $PLGO
- $LKFT
- $SSMR
- Thu Nov 12Pre-market
- $NBIS (a name we trade)
- $BN
- $KEP
- $BNT
- $HBM
- $TWST
- $NIQ
- $FPS
- $MBGL
- $OCTV
- $MWH
- $FIGR
- $DPC
- $XE
- $ARX
- $PBLS
- $AYA
- $YETI
- $ONDS
- $CLBT
- $AVAH
- $LGN
- $PHVS
- $SPB
- $STDN
Time TBD- $PHI
After close- $CSCO (a name we trade)
- $AMAT (a name we trade)
- $CBRS (a name we trade)
- $NU
- $EC
- $QXO
- $STN
- $ELPC
- $ARWR
- $KOD
- $CIG
- $HTFL
- $DLO
- $LFTO
- $SA
- $PPTA
- Fri Nov 13Time TBD
- $MUFG
- $SMFG
- $MFG
After close- $ALM
Gold: names we cover or trade, listed first; then biggest first. Hover a ticker for the company, size and time. Ctrl+F unfolds every row, so your browser's find reaches all of them.
Overnight headlines
- 22 stocks of companies with tremendous sales growth
These S&P 500 companies have also shown improving profit margins and free cash flow this earnings season.
MarketWatch, CNBC · Wed 08:06 ET
- Nvidia's Huang tries to project 'business as usual' in return to office after affair revelation
Nvidia employees described the mood as "sad" as CEO Jensen Huang returned to the office after disclosing an affair.
CNBC · Wed 07:52 ET
- Tech, Media & Telecom Roundup: Market Talk
Find insight on Anthropic, CoreWeave, TSMC and more in the latest Market Talks covering Technology, Media and Telecom.
WSJ · Wed 07:49 ET
For information only, not financial advice. Details may be incomplete or wrong; don't rely on them for financial decisions. Quotes may be delayed. Implied move: nearest-expiry at-the-money straddle (* = a leg last traded before the latest session). Sources: Yahoo Finance, StockTwits, CNBC, MarketWatch, WSJ, Google News.