CoreWeave Inc. (NASDAQ:CRWV) is one of the 10 Stocks With Standout Gains.
CoreWeave rallied for a fourth straight session on Tuesday, jumping 9.67 percent to close at $117.03 apiece, as investor optimism was fueled by its looming inclusion in Nasdaq’s 100 largest non-financial companies.
In an update late last week, CoreWeave Inc. (NASDAQ:CRWV) said that it is set to join the Nasdaq 100—one of the widely-followed indices in the US stock market—beginning June 22, 2026.
A new data center facility in Plano, Texas. Photo from CoreWeave
Its inclusion came just over a year after it debuted on the stock market.
“CoreWeave’s inclusion in the Nasdaq-100 reflects both our growth and the emergence of AI as one of the defining technologies of our time,” CoreWeave Inc. (NASDAQ:CRWV) Chairman and CEO Michael Intrator said.
“We built the cloud purpose-built for AI before many people understood why it would matter. This milestone belongs to the team that saw that opportunity early and executed relentlessly to help our customers bring AI to life,” he noted.
Companies joining major indices typically see a boost in their share prices prior to their official inclusion, as funds would need to make adjustments to their portfolios to mirror the index’s composition.
Apart from CoreWeave Inc. (NASDAQ:CRWV), other companies added to the Nasdaq 100 were Astera Labs, Nebius Group, Rocket Lab Corp., and Teradyne Inc.
Meanwhile, companies that have been removed include Charter Communications, Cognizant Technology Solutions, Insmed Inc., Verisk Analytics, and Zscaler Inc.
While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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