CoreWeave (CRWV) to Join Nasdaq-100, Soars 9.67%

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.

10 Best Stocks to Buy for Next-Gen Data Centers

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 risk and potential of CRWV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRWV and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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