CoreWeave and Nebius Stocks Surge 7%-8% After Nasdaq-100 Inclusion Announcement

CoreWeave (CRWV) and Nebius Group (NBIS) stocks jumped 7% and 8%, respectively, in overnight trading after Nasdaq announced the two companies would be added to the Nasdaq-100 index, effective June 22.

Both companies provide cloud computing infrastructure for AI applications and have emerged as major beneficiaries of growing demand for AI-powered services. The Nasdaq-100 addition typically triggers automatic buying from index-tracking funds and ETFs, boosting stock prices and trading volume.

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