COINDESK · 2026-11-11 12:21 UTC

Live news: CoreWeave jumps 14% as earnings fuel rebound across battered AI stocks

CoreWeave's third-quarter revenue rose 168% year-over-year to $3.66 billion, and it raised full-year revenue guidance to $13 billion to $13.3 billion, though its quarterly net loss widened to $709 million. CoreWeave rose 14% in premarket trading, with Nvidia up 4% and AI infrastructure stocks such as CIFR, IREN and WULF each gaining around 6%. Bitcoin edged higher after testing its 200-day moving average near $73,116 but traded just below $74,000.

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