CoreWeave shares rose more than 1% overnight before Friday's session, recovering after a 4% decline on Thursday and an approximately 10% weekly loss. The rebound followed ARK Investment Management's purchase of 239,083 shares worth roughly $19.1 million across two exchange-traded funds. CoreWeave also announced a $3 billion convertible senior note offering, with an option to increase it to $3.5 billion, and launched an at-the-market program for up to 35 million Class A shares. The company said it added more than $25 billion in customer commitments early in the third quarter as contracted power capacity rose from 3.7 gigawatts to 4.2 gigawatts by Aug. 11. CoreWeave continues to sign three- to six-month computing contracts at higher prices, equivalent to about $40 million in annualized revenue per megawatt. Rosenblatt maintained its Buy rating and $250 price target, while a recent company update said CoreWeave became the first AI cloud provider to validate and deploy Nvidia's Vera Rubin NVL72 system for AI workloads. That update also reported second-quarter revenue of $2.58 billion, up 112% from a year earlier. Nebius is preparing higher rates for several Nvidia GPU, CPU and memory resources from Oct. 1, indicating that pricing remains firm across the sector.