CoreWeave and Nebius have secured spots in the Nasdaq 100, with the addition set to take effect before the opening bell on June 22, 2026; the announcement lifted CoreWeave shares roughly 7.3% to about $102 and nudged Nebius shares about 6.3% to near $233.
Nasdaq 100 Inclusion Details
Nasdaq’s quarterly index rebalance listed CoreWeave and Nebius alongside Astera Labs, Rocket Lab, and Teradyne. The exchange disclosed the changes in a press release dated June 12, 2026, confirming that both firms will join the benchmark prior to trading on June 22. Inclusion in the Nasdaq 100 typically expands visibility among institutional investors and aligns the stocks with a suite of exchange‑traded funds that track the index.
Investor Reaction and Market Outlook
Investors responded positively, driving CoreWeave’s price upward and prompting a similar rally for Nebius. Market analysts noted that the AI‑focused profile of CoreWeave, combined with Nebius’s growth trajectory, attracted capital seeking exposure to emerging technology sectors. The surge also reflects broader enthusiasm for companies transitioning from blockchain and crypto origins toward AI infrastructure services.
From Crypto Mining to AI Infrastructure
CoreWeave originally built its business on cryptocurrency mining before rebranding as an AI infrastructure provider in 2019. The shift followed the 2018 crypto market downturn, which weakened mining economics and prompted the company to pivot away from blockchain‑centric operations. Today, CoreWeave positions itself as a leading AI‑cloud player, leveraging its former crypto expertise to support demanding computational workloads.