CoreWeave Lifts Full-Year Revenue Guidance, Boosting Nasdaq 100 Futures Over 1.5%

U.S. stock index futures advanced on Wednesday, led by Nasdaq 100 futures gaining over 1.5% after cloud provider CoreWeave reported strong third-quarter results and raised its full-year guidance. CoreWeave posted 168% year-over-year revenue growth and lifted its full-year revenue outlook to between $13 billion and $13.3 billion, sending its premarket shares up 10%. Technology sentiment was further supported by reports of Anthropic eyeing an IPO valuation topping $1.5 trillion. However, gains unfolded alongside macroeconomic pressures, as hotter-than-expected October CPI figures reinforced expectations for Federal Reserve monetary tightening, keeping the U.S. Dollar Index above 102.