Today: 2 July 2026
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NASDAQ:ASTA 18 January 2026 - 22 June 2026

CoreWeave and Nebius face Nasdaq-100 test as AI rally cools

CoreWeave and Nebius face Nasdaq-100 test as AI rally cools

Nebius Group and CoreWeave made their Nasdaq-100 debut Monday. CoreWeave was down $10.05, trading at $107.90 just before 1 p.m. EDT. Nebius also traded lower, dropping to $280.41 after closing at $286.69. Early trading didn’t deliver much excitement for either new listing as buyers seemed cautious after the recent run for AI-cloud names. Nasdaq says over 200 products worldwide track the Nasdaq-100, holding more than $800 billion. The changes force ETFs and passive funds tied to the index to shift holdings to stay in line, not make new picks.
CoreWeave edges higher before Nasdaq-100 debut, week looks ahead to debt moves

CoreWeave stock moves up as it eyes Nasdaq-100 after 17% weekly gain

CoreWeave opens Monday with a new spot in the Nasdaq-100 and a stock up 17.3% over the last five sessions. That gives the market its next read on demand for AI infrastructure names. U.S. trading was closed Friday for Juneteenth, with markets still shut through the weekend. Monday is the first regular session after the holiday. CoreWeave, the AI cloud firm, is set to join the Nasdaq-100 ahead of the market open on June 22. The Nasdaq-100 tracks 100 of the largest non-financial names on the Nasdaq. Nasdaq says funds and products tied to the index control more than $800 billion in assets worldwide. That forces index funds to buy shares of companies as they’re added.
Astera Labs Stock Kicks Off Nasdaq-100 Debut Week at New Highs as ALAB Rally Extends Valuation

Astera Labs Stock Kicks Off Nasdaq-100 Debut Week at New Highs as ALAB Rally Extends Valuation

Astera Labs is set to open at an all-time high Monday as it joins the Nasdaq-100, a move likely to bring more inflows after what’s been a standout run among AI chip names this year. The stock last changed hands during Thursday’s session at $417.07, after hitting $421.20 earlier that day. U.S. markets were closed Friday for Juneteenth and remained shut through the weekend. Nasdaq’s June rebalance hits before the open on June 22. Astera Labs joins the index with CoreWeave, Nebius Group, Rocket Lab and Teradyne. Nasdaq says the Nasdaq-100 is tracked by over 200 investment products managing more than $800 billion in assets.
Astera Labs Moves Higher as Wall Street Eyes Next AI Bottleneck

Astera Labs Moves Higher as Wall Street Eyes Next AI Bottleneck

Astera Labs stock traded up 15.2% at $248.36 on Tuesday afternoon, reaching as high as $251.98. The move followed new bullish notes from Wall Street and remarks from management about AI data-center demand. With the latest quote, Astera’s market cap was close to $45.0 billion. Shares were priced at around 168 times earnings per share. AI bets are moving away from just buying graphics chips, with the focus now on building clusters that are cheaper and faster. Evercore ISI bumped its Astera price target to $297 from $215 and stuck with Outperform, saying their checks indicate AI inference could take center stage by late 2026. Cloud companies are watching cost per token, meaning the price for each bit of AI output.

Stock Market Today

  • ASX Seen Lower as Oil Falls on US-Iran Talks; Northern Star Resources Holds to Gold Sales Goal
    July 1, 2026, 9:04 PM EDT. Australian stocks look set to open down Thursday with oil slipping over 1% to the lowest since March after progress in US-Iran talks eased concerns over supply. Northern Star Resources kept its fiscal 2026 gold sales target, giving the mining sector a steadier footing while the broader market weakens. Investors remain cautious, watching commodity moves as geopolitical headlines hit sentiment.
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