Stock Market Today, Nov. 11: CoreWeave Surges 25% on Beat-and-Raise Quarter
CoreWeave surged 25% on November 11, 2026, after delivering strong Q3 earnings with $3.66 billion in revenue that beat expectations and raising its full-year 2026 guidance to $13.15 billion. CEO Michael Intrator highlighted multiple funding sources including $9 billion in expected customer prepayments over the next three months, easing investor concerns about data center growth and financing. The broader market also gained with the S&P 500 up 1.31% and Nasdaq up 1.60%, while AI infrastructure peers also rallied.