Tech Rebounds as Nasdaq Gains 1.1%; CoreWeave Jumps on Goldman Upgrade

Technology shares recovered on Monday after the prior week's sell-off. The Nasdaq rose about 1.1% and the S&P 500 gained 0.41%, while the Dow slipped 0.07%.

CoreWeave climbed 6.12% after Goldman Sachs upgraded the stock to Buy with a $139 target. Amazon rose 4.95% after Morgan Stanley raised its price target to $350, and Palantir, Tesla and Micron also advanced.

The rebound is a relief for AI-linked holdings such as Super Micro Computer (SMCI), though investors remain focused on AI debt concerns and this week's heavy earnings calendar.