SMCI and CoreWeave Lead a Lopsided Session With 20%-Plus Gains

Biggest movers · At the close 4:10pm ET

Gainers

SMCISuper Micro Computer$38.09+20.5%
CRWVCoreWeave$108.09+19.7%
CAVACava$69.64+14.5%
DOCNDigitalOcean$133.64+10.6%
IRENIren$43.77+10.1%

Losers

ACHRArcher Aviation$6.23-8.2%
APPSDigital Turbine$12.19-6.5%
LYFTLyft$16.41-6.5%
GPROGoPro$0.58-6.4%
AXONAxon Enterprise$599.59-5.8%

Two names closed up more than 19%: Super Micro Computer at $38.09 and CoreWeave at $108.09, the widest top-of-board moves in our 110-stock universe today. The downside was far tamer, with Archer Aviation's 8.2% slide the worst of it.

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Super Micro Computer led the August 12 board with a 20.52% close at $38.09, with CoreWeave just behind on a similar outsized move.

Cava, DigitalOcean and Iren followed with double-digit gains, and four of the five biggest gainers tie directly to AI infrastructure or data-center demand, showing investors where conviction was running.

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The downside stayed contained, with Archer Aviation leading decliners on an 8.23% slide and Digital Turbine, Lyft, GoPro and Axon Enterprise trailing it, none close to matching the top gainers.

With the worst decline near 8% while two names each cleared 19%, the session tilted strongly to the bull side, at least for the names that moved.

Sources

Mentioned: SMCI, CRWV, CAVA, DOCN, IREN, ACHR, LYFT, AXON

Related Market Updates

Jim Cramer @jimcramer

9:53am ET

Cramer is calling CoreWeave undervalued even as the stock rips 19% on its earnings beat, after CEO Michael Intrator's pitch on air.

I thought Intrator was VERY strong and made the case for certain that Coreweave's stock is too low.

Replies14
Reposts3
Likes18

CRWV CoreWeave

Regular session

9:45am ET

$107.50

+19.03% open $90.32

A 19% move follows last night's Q2 earnings beat, rebuilding the AI cloud premium in a single session. Whether buyers hold this level is the next tell.

SMCI Super Micro Computer

Regular session

9:40am ET

$36.39

+15.16% open $31.60

A 15% jump follows last night's Q4 earnings beat, the kind of single-session move that resets the whole AI server debate. Watch whether the gain holds through the close.

Jim Cramer @jimcramer

Aug 11, 5:14pm ET

Cramer is sorting the AI server trade into winners and one name to avoid, sending retail attention toward Dell and HPE while Supermicro still works through its accounting and export-control overhang.

SuperMicro helps the cause, too, but i am not a fan. Dell's better, so is HPE!

Replies36
Reposts4
Likes57

CAVA Cava Group

Q2 2026

Aug 11, 4:15pm ET

EPS

$0.19

est $0.18 +3.1%

Revenue

$368M

est $360M +2.3%

While fast casual cedes meals to grocery and convenience stores, real diners are still walking in: same-restaurant sales rose 9.0% on guest traffic growth of 5.3%. Both lines beat expectations, and management reaffirmed full-year adjusted EBITDA guidance of $181 million to $191 million.

CRWV CoreWeave, Inc.

Q2 2026

Aug 11, 4:10pm ET

EPS

-$1.14

est -$1.45 +21.2%

Revenue

$2.58B

est $2.56B +0.8%

The AI buildout still runs on borrowed money: free cash flow came in at negative $5.7 billion even as revenue more than doubled year over year. Demand is not the question here, funding it is.

Biggest movers · At the close Aug 11, 4:10pm ET

Gainers

ACHRArcher Aviation$6.95+10.9%
AXONAxon Enterprise$640.51+7.4%
SMRNuScale Power$9.82+7.0%
CIFRCipher Mining$17.18+5.2%
DKNGDraftKings$25.32+4.3%

Losers

GPROGoPro$0.62-11.9%
APPSDigital Turbine$13.18-8.4%
DOCNDigitalOcean$120.52-7.1%
APPAppLovin$319.02-5.9%

Archer Aviation topped the winners at 10.9%, with Axon and NuScale both above 7%. GoPro led the decliners at -11.9%, followed by Digital Turbine at -8.4%.

SMCI Super Micro Computer, Inc.

Q4 2026

Aug 11, 4:06pm ET

EPS

$1.70

est $0.96 +77.5%

Revenue

$11.12B

est $11.56B -3.8%

Gross margin nearly doubled to 17.5% from 9.5% a year ago, turning a slight revenue miss into an EPS beat and putting fiscal 2027 revenue guidance as high as $72 billion. Negative operating cash flow is the offsetting worry.

Biggest movers · At the close Aug 10, 4:10pm ET

Gainers

ABNBAirbnb$184.35+21.6%
TEMTempus AI$55.36+20.0%
ACHRArcher Aviation$6.2+18.6%
RBRKRubrik$99.15+17.2%
GTLBGitLab$40.74+14.2%

Losers

TTDTrade Desk$13.15-25.6%
MARAMarathon Digital$9.49-10.8%
CIFRCipher Mining$16.67-8.5%
LCIDLucid$6.58-5.8%
ARMArm$271.65-5.2%

Nearly 47 points of spread separated the best and worst names at the close: Airbnb up 21.6% while Trade Desk gave up a quarter of its value at $13.15. Index-level calm is hiding single-stock moves this size.

ACHR Archer Aviation Inc.

Q2 2026

Aug 10, 4:07pm ET

EPS

-$0.34

est -$0.25 -35.7%

Revenue

$5M

est $2M +154.6%

Archer just agreed to buy Boeing's Wisk Aero, Insitu and SkyGrid in exchange for a Boeing equity stake, a deal that would add over $200 million in annual revenue from Insitu alone once it closes by year-end. That dwarfs the quarter's revenue, which beat expectations, while the loss per share missed expectations on a litigation settlement. Next up: Texas eIPP flights targeted this year.

Biggest movers · At the close Aug 6, 4:10pm ET

Gainers

CLOVClover Health$4.67+12.7%
SOUNSoundHound AI$7.03+9.3%
ALABAstera Labs$340.48+6.9%
JOBYJoby Aviation$8.25+5.8%
FNFabrinet$552+5.7%

Losers

APPAppLovin$334.86-19.9%
BROSDutch Bros$53.79-18.1%
FUBOfuboTV$9.22-13.5%
AXONAxon Enterprise$530.32-13.0%
DUOLDuolingo$121.84-10.0%

Owning expensive growth cost you today: AppLovin closed down 19.9%, with Axon and Duolingo double-digit and near double-digit losers alongside it. The money rotated into AI hardware, where Astera Labs and Fabrinet both finished higher.