Nasdaq Rebounds as CoreWeave Blowout Earnings Spark AI Rally

Today's AI insights from 7horns.ai: US tech shares are poised for a sharp rebound, driven by CoreWeave reporting a massive 168% year-over-year revenue surge to $3.66 billion and Micron Technology rising 6.13% pre-market, alongside Nvidia Corporation recovering 4.87% from previous losses. Despite the ten-year Treasury yield reaching 4.98% following a hot inflation report, this positive momentum has pushed the tech-focused Nasdaq-tracking fund up 1.76% pre-market. For investors tracking financial news and seeking a clear market outlook, this breakout earnings report proves that robust infrastructure demand can offset macroeconomic pressures, making AI market intelligence and data-driven investing essential for trading insights and stock market analysis. AI insights powered by 7horns.ai. Visit 7horns.ai for your free daily AI market analysis.

You're listening to Seven Horns AI, your AI-powered market update. It is Wednesday, November eleventh, twenty twenty-six, and we are just hours away from the opening bell. Overnight in Asia, we saw a stark divergence setting up today's action. Japan's Nikkei index closed up one point three one percent at sixty-one thousand two hundred and forty-nine, with futures trading even higher after the bell, suggesting positive momentum. This is reflected in the US-listed Japanese ETF proxy, which is rallying one point six nine percent in pre-market. In contrast, Hong Kong's Hang Seng index finished down zero point nine eight percent at twenty-four thousand three hundred and sixteen, while the China large-cap ETF proxy is slipping zero point seven five percent. Japan is clearly riding the global AI hardware wave, while China continues to lag. This positive handoff from Tokyo is fueling a tech-led rebound in US pre-market trading. The S&P five hundred is pointing to a solid open, with its tracker up zero point seven nine percent. The real story, however, is the tech-heavy Nasdaq, which is staging a powerful reversal after yesterday's decline. The Nasdaq-tracking ETF is surging one point seven six percent. Meanwhile, the Dow Jones tracker is essentially flat, up just zero point zero two percent, highlighting a very narrow, tech-focused bounce. Over in Europe, London's markets are currently open as traders digest this split global sentiment. The primary catalyst driving this morning's tech surge is a blowout third-quarter earnings report from CoreWeave. The company reported revenue of three point six six billion dollars, up one hundred sixty-eight percent year-over-year. Management also raised its guidance and reported a staggering revenue backlog of nearly one hundred thirty-two and a half billion dollars. Crucially, CoreWeave addressed debt concerns by projecting nine billion dollars in customer prepayments over the next three months, sparking a broad rally across AI-infrastructure names. Micron is riding this wave, up six point one three percent pre-market. Nvidia is also recovering, gaining four point eight seven percent after falling five point four seven percent yesterday on reports of a board governance investigation. This tech bounce comes despite macro headwinds, as yesterday's hot CPI report showed core consumer prices up zero point three percent. That has pushed the ten-year Treasury yield to four point nine eight percent and cemented ninety percent odds of a December rate hike. As we head into today's session, keep in mind that it is Veterans Day. Equities are trading normal hours, but the bond market is closed, which could lead to thinner liquidity. Investors will also be watching for earnings from Cisco and Applied Materials tomorrow, which will provide a critical read on tech spending before Nvidia reports next week. That's your pre-market briefing from Seven Horns AI. Good luck out there today. Visit seven horns dot a-i for more.