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CoreWeave Stock Climbs Following Nasdaq 100 Inclusion

Investors pushed CoreWeave shares up 8.8% to $104.33 during Friday’s midday trading session, reacting to news that the cloud-computing specialist will join the Nasdaq 100 index. This latest surge extends the company’s strong market performance, bringing its total gains for the year to a notable 46%.

CoreWeave Stock Climbs Following Nasdaq 100 Inclusion

The Livingston, New Jersey-based firm is scheduled to officially enter the index before the opening bell on June 22. As a benchmark, the Nasdaq 100 tracks the largest non-financial entities listed on the exchange, serving as a primary indicator of growth within the technology sector. CoreWeave’s rapid ascent reflects the broader market enthusiasm surrounding infrastructure providers supporting artificial intelligence operations.

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