The move comes as AI infrastructure stocks recover alongside a broader rebound in the technology sector following recent selling pressure that weighed on high-growth names.Nasdaq futures are up 1.34% while S&P 500 futures have gained 0.81%.On Thursday, CoreWeave said it intends to offer $3.5 billion, or the euro equivalent, of U.S. dollar- and euro-denominated senior notes due 2032 in a private placement, subject to market conditions. Certain wholly owned subsidiaries will guarantee the notes on a senior unsecured basis.The company said it expects to use the net proceeds for general corporate purposes, including the repayment of existing debt, as well as fees and expenses related to the offering.CRWV Technical Outlook: Momentum And Key Moving AveragesCoreWeave is trying to stabilize after a steep, longer-term drawdown, with the stock still down 36.13% over the past 12 months and trading in the lower half of its $63.80 to $187.00 52-week range. At $96.16, shares are sitting close to the 100-day SMA ($97.94) but remain below the faster trend gauges.From a trend perspective, the stock is trading 9.9% below its 20-day SMA ($106.86) and 11% below its 50-day SMA ($108.18), which keeps the near-term posture tilted defensive. At the same time, the 50-day SMA remains above the 200-day SMA ($100.03), reflecting the golden cross that formed in May—even though price has struggled to follow through since the May swing high.Momentum is leaning softer: MACD is below its signal line and the histogram is negative, which points to upside pressure fading versus the prior upswing. In plain terms, when MACD sits under its signal line, rallies tend to have a harder time extending unless buyers can rebuild momentum.Nearby levels matter because the stock is trading between obvious “decision points” on the chart: