Stocks to Watch Wednesday Recap: CoreWeave, Super Micro, Cava -- WSJ
Dow Jones2026/08/12 21:43By WSJ Staff
CoreWeave (CRWV): Shares jumped more than 19% after the cloud-computing company posted its fifth straight quarter of record revenue, fueled by sustained AI demand.
Super Micro Computer (SMCI): Shares closed 19% higher after the company reported surging profit and sales that nearly doubled in its fourth quarter.
Cava (CAVA): Shares climbed 14.2% after the Mediterranean fast-food chain reported that higher customer traffic boosted its profit in the second quarter.
Foxconn (TW:2317): The Taiwanese tech and electronics maker reported another strong quarter as it boosted production of servers for the global AI build-out. Shares climbed around 2.7%.
Cisco (CSCO): The networking company reported better-than-expected financial results due to strong artificial-intelligence demand. Shares closed higher but lost ground in after-hours trading.
Coherent (COHR): Shares fell after hours despite better-than-expected earnings, likely reflecting investors' ever-increasing expectations for optics suppliers, particularly after excellent earnings from rival Lumentum Holdings on Tuesday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 12, 2026 17:43 ET (21:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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