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CRWV, NBIS Edge Up Overnight After Selloff: Cathie Wood's ARK Buys CoreWeave, Rosenblatt Starts Nebius At ‘Buy’
Stocktwits ·
Stocktwits reports: The neocloud trade is getting fresh bullish signals, with Cathie Wood’s ARK Investment Management adding to its CoreWeave (CRWV) position and Rosenblatt initiating coverage of smaller rival Nebius (NBIS) with a ‘Buy’ rating and $304 price target. CRWV and NBIS shares advanced about 0.3% each in overnight trading late Wednesday. ARK bought roughly 215,000 CoreWeave shares – worth about $19 million – adding to the bullish case around the AI cloud provider even as the stock…