CoreWeave (CRWV) shares jumped over 10% on Tuesday.
The AI cloud provider will join the Nasdaq-100 index before the market opens on June 22, 2026. This inclusion is expected to drive significant demand from index-tracking funds.
The company has already secured approximately 90% of its $30 billion annual recurring revenue target for 2027. Recent bond offering disclosures provided this financial data. These figures underscore strong business momentum and long-term revenue visibility.