CoreWeave Surges 7.13 as $4.04 Billion Volume Propels Stock to 18th in U.S. Market Rank

. 9, , ranking 18th in the U.S. equity market. The AI cloud infrastructure provider announced the launch of CoreWeave Ventures, an initiative to invest in startups developing AI platforms, tools, and infrastructure. The program offers capital, compute resources, and technical expertise to accelerate innovation in the AI ecosystem.

CoreWeave Ventures aims to support founders by providing access to the company’s AI-optimized cloud platform, production-grade testing environments, and strategic partnerships. Co-founder emphasized the initiative aligns with CoreWeave’s mission to enable technical progress and foster the next generation of AI advancements. Early participants, including , have highlighted the program’s role in enhancing scalability and innovation speed.

The move underscores CoreWeave’s strategic focus on expanding its influence in the AI sector amid growing demand for specialized infrastructure. While the company’s stock has faced volatility since its March IPO, recent developments signal confidence in its long-term positioning within the AI cloud market. The initiative also aligns with broader industry trends, as competition intensifies among firms offering AI-centric solutions.

To set up this back-test rigorously I need a bit more detail: 1. Universe definition • Which market(s) should the daily-volume ranking cover (e.g., all U.S.-listed common stocks on NYSE + NASDAQ, a specific index constituent list, etc.)? 2. Weighting scheme • Do you want the 500 names equally weighted each day, or volume-weighted, or another method? 3. Pricing convention • Use close-to-close returns (buy at today’s close, sell at tomorrow’s close), or open-to-close (buy at today’s open, sell at today’s close)? 4. Risk controls • Any stop-loss, take-profit, or maximum holding-days limits beyond the “hold 1 day” rule? Once I have these, I can generate the data-retrieval plan and run the back-test.