Nasdaq Climbs as CoreWeave Surge Reignites AI Trade and Lifts Chip Stocks
U.S. equities extended their technology-led rebound as the Nasdaq rose more than 1%, with CoreWeave’s sharp rally restoring momentum to the artificial intelligence trade. The cloud infrastructure company’s stronger-than-expected quarterly revenue and raised full-year outlook helped ease concerns that the AI boom was losing steam, pulling Nvidia and other related names higher.
