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CoreWeave Climbs 7.16% as Nasdaq and S&P 500 Finish Higher

The Dow Jones Industrial Average fell 0.38%, while Oracle, Dell, Advanced Micro Devices and onsemi also gained.

Updated 1 min read
Commuters cross Broad Street outside the New York Stock Exchange in Manhattan. / TokenPost.ai (mono)
Commuters cross Broad Street outside the New York Stock Exchange in Manhattan. / TokenPost.ai (mono)

CoreWeave shares gained 7.16% in U.S. trading Tuesday, Nov. 3, standing apart from major indexes that moved in different directions during a mixed session for the broader market.

The Dow Jones Industrial Average lost 0.38%, while the S&P 500 added 0.36% and the Nasdaq Composite rose 0.83%.

Four other AI-linked companies ended higher: onsemi rose 3.55%, Advanced Micro Devices (AMD) added 3.65%, Dell gained 3.98% and Oracle climbed 5.85%.

The Associated Press said gains in influential technology shares helped support the market, even as Apple fell. It also cited concerns about AI valuations and linked pressure on Apple's margins to higher memory-chip costs tied to AI data-center demand.

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