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CoreWeave, the AI cloud provider, is set to join the Nasdaq-100 Index on June 22, 2026, a mere 15 months post-IPO. Transitioning from crypto mining, the company boasts rapid revenue growth and a massive backlog but faces significant debt and concentration risks. This inclusion validates its position as a core tech player.
AI chip maker Cerebras has refiled for an initial public offering (IPO), revealing a 75% revenue surge to $510 million and a $238 million profit last year. The move positions Cerebras amid a burgeoning wave of tech IPOs, including anticipated listings from SpaceX, OpenAI, and Anthropic.
