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stocksAug 12, 2026, 2:30 PM

CoreWeave, Nebius jump as AI trade extends gains

CoreWeave shares opened 21% higher after second-quarter results beat Wall Street expectations, while Nebius also surged on a strong outlook.

CRWVNBIS

AI-related equities continued to rally on Wednesday. CoreWeave (CRWV) opened 21% higher after its post-market second-quarter earnings release topped Wall Street expectations. Nebius shares also surged, with the move tied to an upbeat outlook.

The jump highlights persistent investor demand for AI cloud computing names.

Source: FXStreet Forex News