U.S. Futures Modestly Lower as Markets Pause After Rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2026
0mins
After one of the strongest rallies of the year, futures are modestly lower. Markets are pausing and giving back part of yesterday's surge after the initial euphoria around the ceasefire. The two-week ceasefire between the U.S. and Iran remains intact on paper, but cracks are already emerging. Ongoing military activity in Lebanon, disputes over compliance and continued restrictions in the Strait of Hormuz are all raising doubts.Crude is rebounding back toward the $100 level following yesterday's collapse as traders price in the risk that supply disruptions persist. Energy stocks are stabilizing and bond yields are ticking higher again as rate-cut expectations get pushed out. Markets are now pricing a much lower probability of easing this year, with some Fed officials even signaling openness to hikes if inflation proves sticky.In pre-market trading, S&P 500 futures fell 0.24%, Nasdaq futures fell 0.13% and Dow futures fell 0.31%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -CoreWeaveup 2% after announcing an expanded, long-term agreement with Meta Platformsto provide AI cloud capacity through December 2032 for approximately $21BTexas Instrumentsup 1% after Stifel upgraded the stock to Buy with a price target of $250, up from $215UP AFTER EARNINGS -Staar Surgicalup 19%Richardson Electronicsup 15%Resources Connectionup 9%BlackBerryup 8%DOWN AFTER EARNINGS -Simply Good Foodsdown 22%Applied Digitaldown 2%LOWER -Zscalerdown 3% after BTIG downgraded the stock to Neutral with no price target and removed the stock from the firm's first half Top Picks listTradeweb Marketsdown 1% after TD Cowen downgraded shares to Hold with a price target of $129, down from $130Conagra Brandsdown 1% after BNP Paribas downgraded shares to Neutral with a price target of $16, down from $19
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 106.710
Low
68.00
Averages
123.23
High
180.00
Current: 106.710
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CoreWeave Stock Soars Following Cantor Fitzgerald Upgrade
- Stock Surge: CoreWeave's stock rose 8% to $10.24 by Tuesday morning, primarily driven by a positive rating from Cantor Fitzgerald analyst Brett Knoblauch, indicating growing market confidence in the company.
- Price Target Increase: Cantor Fitzgerald raised its price target for CoreWeave from $115 to $167, suggesting a potential 44% increase in stock price over the next year, reflecting the analyst's optimistic view on the company's growth prospects.
- Long-Term Contracts: CoreWeave signed long-term contracts worth $40 billion in Q1 2026 and is expected to sign another $40 billion in Q2, establishing a solid foundation for future revenue growth, although this revenue will be realized over several years.
- Revenue Expectations: While CoreWeave is projected to reach $30 billion in annual recurring revenue by the end of 2027, analysts note that the company may still lose $1.25 per share in Q2, despite expected sales more than doubling year-over-year, highlighting the profitability challenges faced during its expansion.
See More
CoreWeave Achieves Record Performance in MLPerf Benchmark
- Training Performance Breakthrough: CoreWeave achieved a record-breaking training time of 2.02 minutes for the 671B DeepSeek-V3 model using 8,192 NVIDIA GB300 NVL72 GPUs in the MLPerf Training v6.0 benchmark, showcasing its leadership in AI infrastructure optimization.
- Full-Stack Optimization Advantage: CoreWeave's full-stack optimizations enable consistent performance across different cluster sizes, with a 4,096 GPU deployment reaching the Llama-3.1-405B reference quality target in 9.77 minutes while using 20% fewer GPUs than larger GB200 deployments, demonstrating efficient resource utilization.
- Infrastructure Reliability: The MLPerf results were achieved on production infrastructure available to customers, ensuring consistency between benchmark testing and real-world applications, further validating CoreWeave's competitiveness in the AI cloud service sector.
- Industry Leadership Position: CoreWeave was the only submitter in the MLPerf v6.0 round to scale a GB300 platform beyond 2,048 GPUs, and its full-stack expertise provides customers with significant real-world performance gains, helping AI teams accelerate model iteration and production deployment.
See More
Tech Stocks Weaken as Market Shows Divergence
- Market Divergence: The S&P 500 fell 0.57% to 7,511.35, and the Nasdaq Composite dropped 1.15% to 26,376.34, primarily due to weakness in tech and chip stocks, indicating a cautious investor sentiment towards high-risk assets.
- Tech Stock Pullback: While CoreWeave surged nearly 10% on bullish analyst sentiment, popular tech stocks like Nvidia, Broadcom, Micron Technology, and AMD declined due to profit-taking, reflecting a cautious outlook on the short-term prospects of the tech sector.
- Sector Rotation: Investors favored industrial, transportation, and financial sectors amid cooling oil prices, demonstrating a preference for traditional industries, while Space Exploration Technologies Corp. continued its post-IPO surge, although it pared some gains in afternoon trading.
- Federal Reserve Dynamics: During new Chair Kevin Warsh's first meeting, the market widely expects rates to remain unchanged, with investors closely watching for signs of future Fed policy direction, highlighting the importance of regularly re-evaluating holdings in response to market fluctuations.
See More
Tech Weakness Drags S&P 500 Down Slightly
- Tech Sector Weakness: The S&P 500 fell 0.57% to 7,511.35 and the Nasdaq Composite dropped 1.15% to 26,376.34, indicating market concerns over high-valuation tech stocks amid a broader sell-off in the sector.
- CoreWeave Surge: AI infrastructure player CoreWeave jumped nearly 10% today, driven by bullish analyst sentiment, highlighting that investor confidence remains in specific segments despite overall tech weakness.
- Sector Rotation: Investors favored industrial, transportation, and financial sectors due to cooling oil prices, leading to a decline in Robinhood Markets after layoffs, while Moderna gained from optimism over potential FDA approval for its flu vaccine, showcasing market sentiment divergence.
- Fed Meeting Focus: The Federal Reserve's first meeting under new Chair Kevin Warsh is expected to keep rates unchanged, with investors keenly watching for signs of future policy direction, reflecting market sensitivity to monetary policy changes.
See More
Cantor Bullish on CoreWeave's Strong Performance Outlook
- Exceeding Contract Expectations: Cantor estimates that CoreWeave could generate nearly $40 billion in new contract bookings during Q2, roughly matching the record level achieved in Q1, indicating strong growth momentum that could significantly enhance future revenue performance.
- Annual Revenue Target Achievement: CoreWeave has likely secured about 90% of its targeted $30 billion annual recurring revenue goal for 2027, demonstrating the company's robust potential for long-term revenue sustainability, which boosts investor confidence.
- Stock Price Surge: Following Cantor Fitzgerald's analysis, CoreWeave's shares rose nearly 9% in Tuesday's trading, reflecting the market's positive reaction to its contract growth and backlog momentum, further enhancing investor optimism.
- Inclusion in Nasdaq-100: CoreWeave announced its inclusion in the Nasdaq-100 Index, effective June 22, 2026, a development that could attract more index-tracking funds, further driving stock price appreciation and increasing market visibility.
See More
CoreWeave Joins Nasdaq-100 Index, Boosting Growth Potential
- Market Recovery: CoreWeave, with a market cap of around $60 billion, has seen its stock rise nearly 50% in 2026, indicating a strong recovery potential despite its smaller size compared to tech giants.
- Inclusion in Nasdaq-100: The announcement of CoreWeave's addition to the Nasdaq-100 index effective June 22 symbolizes its growing importance in the tech sector and may attract more investor attention.
- Expected Fund Inflows: As CoreWeave joins the index, funds tracking the Nasdaq-100 will increase their investments in the company, which is likely to drive up its stock price and enhance potential returns for investors.
- Significant Revenue Growth: CoreWeave reported over $5.1 billion in revenue last year, a substantial increase from $1.9 billion the previous year, although it faced a net loss of $1.6 billion, indicating strong demand in the compute space rental market.
See More
CoreWeave Stock Soars Following Cantor Fitzgerald Upgrade
- Stock Surge: CoreWeave's stock rose 8% to $10.24 by Tuesday morning, primarily driven by a positive rating from Cantor Fitzgerald analyst Brett Knoblauch, indicating growing market confidence in the company.
- Price Target Increase: Cantor Fitzgerald raised its price target for CoreWeave from $115 to $167, suggesting a potential 44% increase in stock price over the next year, reflecting the analyst's optimistic view on the company's growth prospects.
- Long-Term Contracts: CoreWeave signed long-term contracts worth $40 billion in Q1 2026 and is expected to sign another $40 billion in Q2, establishing a solid foundation for future revenue growth, although this revenue will be realized over several years.
- Revenue Expectations: While CoreWeave is projected to reach $30 billion in annual recurring revenue by the end of 2027, analysts note that the company may still lose $1.25 per share in Q2, despite expected sales more than doubling year-over-year, highlighting the profitability challenges faced during its expansion.
See More
CoreWeave Achieves Record Performance in MLPerf Benchmark
- Training Performance Breakthrough: CoreWeave achieved a record-breaking training time of 2.02 minutes for the 671B DeepSeek-V3 model using 8,192 NVIDIA GB300 NVL72 GPUs in the MLPerf Training v6.0 benchmark, showcasing its leadership in AI infrastructure optimization.
- Full-Stack Optimization Advantage: CoreWeave's full-stack optimizations enable consistent performance across different cluster sizes, with a 4,096 GPU deployment reaching the Llama-3.1-405B reference quality target in 9.77 minutes while using 20% fewer GPUs than larger GB200 deployments, demonstrating efficient resource utilization.
- Infrastructure Reliability: The MLPerf results were achieved on production infrastructure available to customers, ensuring consistency between benchmark testing and real-world applications, further validating CoreWeave's competitiveness in the AI cloud service sector.
- Industry Leadership Position: CoreWeave was the only submitter in the MLPerf v6.0 round to scale a GB300 platform beyond 2,048 GPUs, and its full-stack expertise provides customers with significant real-world performance gains, helping AI teams accelerate model iteration and production deployment.
See More
Tech Stocks Weaken as Market Shows Divergence
- Market Divergence: The S&P 500 fell 0.57% to 7,511.35, and the Nasdaq Composite dropped 1.15% to 26,376.34, primarily due to weakness in tech and chip stocks, indicating a cautious investor sentiment towards high-risk assets.
- Tech Stock Pullback: While CoreWeave surged nearly 10% on bullish analyst sentiment, popular tech stocks like Nvidia, Broadcom, Micron Technology, and AMD declined due to profit-taking, reflecting a cautious outlook on the short-term prospects of the tech sector.
- Sector Rotation: Investors favored industrial, transportation, and financial sectors amid cooling oil prices, demonstrating a preference for traditional industries, while Space Exploration Technologies Corp. continued its post-IPO surge, although it pared some gains in afternoon trading.
- Federal Reserve Dynamics: During new Chair Kevin Warsh's first meeting, the market widely expects rates to remain unchanged, with investors closely watching for signs of future Fed policy direction, highlighting the importance of regularly re-evaluating holdings in response to market fluctuations.
See More
Tech Weakness Drags S&P 500 Down Slightly
- Tech Sector Weakness: The S&P 500 fell 0.57% to 7,511.35 and the Nasdaq Composite dropped 1.15% to 26,376.34, indicating market concerns over high-valuation tech stocks amid a broader sell-off in the sector.
- CoreWeave Surge: AI infrastructure player CoreWeave jumped nearly 10% today, driven by bullish analyst sentiment, highlighting that investor confidence remains in specific segments despite overall tech weakness.
- Sector Rotation: Investors favored industrial, transportation, and financial sectors due to cooling oil prices, leading to a decline in Robinhood Markets after layoffs, while Moderna gained from optimism over potential FDA approval for its flu vaccine, showcasing market sentiment divergence.
- Fed Meeting Focus: The Federal Reserve's first meeting under new Chair Kevin Warsh is expected to keep rates unchanged, with investors keenly watching for signs of future policy direction, reflecting market sensitivity to monetary policy changes.
See More
Cantor Bullish on CoreWeave's Strong Performance Outlook
- Exceeding Contract Expectations: Cantor estimates that CoreWeave could generate nearly $40 billion in new contract bookings during Q2, roughly matching the record level achieved in Q1, indicating strong growth momentum that could significantly enhance future revenue performance.
- Annual Revenue Target Achievement: CoreWeave has likely secured about 90% of its targeted $30 billion annual recurring revenue goal for 2027, demonstrating the company's robust potential for long-term revenue sustainability, which boosts investor confidence.
- Stock Price Surge: Following Cantor Fitzgerald's analysis, CoreWeave's shares rose nearly 9% in Tuesday's trading, reflecting the market's positive reaction to its contract growth and backlog momentum, further enhancing investor optimism.
- Inclusion in Nasdaq-100: CoreWeave announced its inclusion in the Nasdaq-100 Index, effective June 22, 2026, a development that could attract more index-tracking funds, further driving stock price appreciation and increasing market visibility.
See More
CoreWeave Joins Nasdaq-100 Index, Boosting Growth Potential
- Market Recovery: CoreWeave, with a market cap of around $60 billion, has seen its stock rise nearly 50% in 2026, indicating a strong recovery potential despite its smaller size compared to tech giants.
- Inclusion in Nasdaq-100: The announcement of CoreWeave's addition to the Nasdaq-100 index effective June 22 symbolizes its growing importance in the tech sector and may attract more investor attention.
- Expected Fund Inflows: As CoreWeave joins the index, funds tracking the Nasdaq-100 will increase their investments in the company, which is likely to drive up its stock price and enhance potential returns for investors.
- Significant Revenue Growth: CoreWeave reported over $5.1 billion in revenue last year, a substantial increase from $1.9 billion the previous year, although it faced a net loss of $1.6 billion, indicating strong demand in the compute space rental market.
See More
