CoreWeave Lifts Neocloud Shares as Nvidia Rebounds

CoreWeave shares rose over 16% in premarket trading following a 168% surge in third-quarter revenue and an upward revision to its 2026 guidance. This strong performance provided a tailwind for futures and lifted other neocloud stocks, offering a positive sign despite recent losses and lingering doubts surrounding the artificial intelligence trade. At the same time, Nvidia shares extended their premarket gains by just over 3%, supporting related chip companies including Broadcom, AMD, Intel, and Nebius. The broader market activity also comes as investors monitor upcoming initial public offering developments and legislative updates in Washington.