Ark Invest, Cathie Wood’s firm, purchased 192,566 CoreWeave shares on October 15, adding to an approximately 188,665 share buy the previous day. The purchases come as CoreWeave stock fell 15.5% on October 14, bringing its year-over-year decline to 53%. The AI cloud infrastructure company carries $52 billion in combined debt and lease obligations, posted a $626 million net loss and $640 million in net interest expense in Q2 2026. The company’s $1.25 billion in unsecured notes due 2032 trade at yields approaching 15%, reflecting creditor concerns. Despite these challenges, Ark Invest appears to view the decline as an opportunity, with the stock trading at $65.78 on October 14 versus an average analyst price target of $144.
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