CoreWeave (NASDAQ: CRWV) shares jumped approximately 13% in premarket trading on November 11, 2026, following stronger-than-expected third-quarter results and an improved financial outlook.

The stock traded near $55, compared with its November 10 closing price of $48.73, as investors reassessed the company’s ability to finance its expanding AI infrastructure business.

• CoreWeave reported record Q3 2026 revenue of $3.66 bn, up 168%, while its backlog reached $132.5 bn. The company raised its annual revenue forecast to $13 bn–$13.3 bn, lifting CRWV shares approximately 13% in premarket trading.
• CoreWeave posted a $709 mn net loss and $846 mn in quarterly interest expenses. Management expects approximately $9 bn in…