US equities closed higher on Aug. 14, with the S&P 500 finishing at a fresh record, according to BIT (Bit.com) market data cited by BlockBeats. The Dow Jones Industrial Average gained 0.13% to 53,839.99. The S&P 500 advanced 0.65% to 7,798.99, another record closing high. The Nasdaq Composite rose 0.81% to 26,803.03. Crypto-related stocks were broadly firmer. Bullish jumped 11.57%, Circle gained 5.75%, Coinbase added 3.26%, Strategy rose 2.39%, BMNR advanced 2.24%, and GEMI increased 3.12%. Optical module names diverged: Coherent fell 7.99%, Lumentum dropped 5.58%, and Applied Optoelectronics lost 5.79%. Storage stocks extended their rebound. SanDisk surged 13.67% after its CFO said the company expects $93.9 billion in total contract value from eight customers, sees non-GAAP gross margin of about 80% between fiscal 2028 and fiscal 2030, and plans to return all excess cash to shareholders. Western Digital rose 7.31%, Seagate added 4.91%, and Micron gained 4.23%.

Nebius, the AI infrastructure provider backed by Nvidia, reported fiscal 2026 second-quarter revenue of $582 million on Aug. 12, up 454% from a year earlier and 46% from the prior quarter. Its AI Cloud segment generated $575 million, rising 514% year over year and accounting for nearly all of total revenue. The company also said annual recurring revenue reached $3 billion, up 58% quarter over quarter, while capital expenditures came in nearly $1 billion above expectations as it kept buying Nvidia GPUs and expanding data center capacity. Management said Nebius signed four large customer agreements during the quarter, each with total contract value above $1 billion. It also raised its 2026 contracted capacity target to 5 GW from 4 GW and said it plans to add more than 1 GW of compute capacity annually starting in 2027. CEO Arkady Volozh said the company could already sell out all planned 2027 capacity under current terms, though it is holding back some supply for near-term customer demand. Following the earnings release, NBIS shares rose 34.1% on the day.

BitGo disclosed on Aug. 12 that Chief Financial Officer Edward Reginelli will leave the company on Sept. 15. Reginelli informed the board on Aug. 10, and the firm said his departure is not related to any disagreement over operations, policies or practices. A formal search for a successor is underway, and Reginelli will remain as an advisor after leaving. The disclosure came alongside BitGo's Q2 2026 results: total revenue rose 79.6% year over year to $4.33 billion, while the company posted a net loss of $19 million, compared with a $38.3 million profit a year earlier. The loss narrowed from the first quarter's $60.7 million deficit. Adjusted EBITDA swung from a $3 million profit to a $4.2 million loss. BitGo also said it cut about 15% of its workforce in June, with restructuring expected to generate roughly $15 million in annualized cash savings. As of the end of June, the company held $159 million in cash and 2,523 self-owned bitcoins worth about $147.7 million, with no corporate debt.

Unitree Technology, widely described in the source article as China’s "first humanoid robotics stock," drew intense demand in its IPO, with an online allotment rate of just 0.01809759% after a callback mechanism and an oversubscription multiple of 8,288.82 times. The company priced its shares at RMB 150.8, issued 40.4464 million shares, and raised about RMB 6.099 billion, exceeding its original fundraising target by 45.15%. Pre-listing perpetual contract data from trade.xyz implied a market capitalization of about $35.47 billion, or roughly RMB 239 billion, while predict.fun showed a 75% probability that Unitree’s closing market value would top RMB 200 billion. The article also lays out a wide range of post-listing valuation views, from RMB 109 billion to more than RMB 400 billion, and highlights founder Wang Xingxing’s responses on valuation, shipment scale, embodied AI capabilities, and criticism over remote control features.

BitGo said Chief Financial Officer Edward Reginelli will step down effective Sept. 15, according to an Aug. 12 disclosure, as the digital-asset infrastructure company posted a $19.0 million net loss for the second quarter. The result marked a reversal from a $38.3 million profit a year earlier, even though revenue climbed 79.6% to $4.33 billion. The company said Reginelli informed the board on Aug. 10 and that his departure was not tied to any disagreement over BitGo’s operations, policies, or practices. BitGo has started a formal search for a successor, and Reginelli is expected to remain involved in an advisory capacity during the transition. BitGo’s results showed heavy pressure on margins. Digital Asset Sales generated $4.20 billion in revenue and $4.19 billion in direct costs, while unit margin fell to 17 basis points. The company linked the decline to lower spreads on some spot trades and a smaller derivatives mix. Staking revenue rose from the prior quarter but its take rate fell to 6.0%. At the same time, Stablecoin-as-a-Service revenue jumped 148% year over year to $38.8 million. BitGo also said changes to investment priorities and its operating model, following June layoffs affecting about 15% of staff, are expected to produce roughly $15 million in annualized cash savings.

SemiAnalysis used a recent podcast appearance to lay out an unusually bullish case for SpaceX’s data center and AI infrastructure strategy. The firm’s analysts argued that the economics of frontier-model inference have already shifted far enough to justify aggressive capacity buildouts: on their numbers, API inference running on GB300 clusters can generate about $100 million in annual revenue per megawatt, with gross margins above 85%. In that framework, the real advantage is not owning chips in the abstract, but delivering usable power and compute faster than rivals can. That is why they view SpaceX’s offer as scarce “emergency megawatts” rather than ordinary long-term cloud capacity. The discussion also focused on pricing, customer incentives, and execution. SemiAnalysis said SpaceX can charge roughly $50 million per megawatt per year for quickly delivered capacity that comes with a 90-day cancellation option, and still leave customers with meaningful margin. Google, Microsoft, and Anthropic were identified as the most relevant demand sources, while Microsoft was described as the clearest fit because of its OpenAI exposure and its near-term capacity gap. On the build side, the analysts said warehouse conversions, mobile turbines, cross-state power strategies, and supplier financing make the supply problem manageable. Their biggest concern sat elsewhere: if autonomous agents become powerful enough to alarm the public and policymakers, demand could be constrained by political intervention rather than engineering limits.

Bitdeer Technologies lost 19% of its market value on August 10, ending the session with a $2.11 billion market capitalization versus $2.65 billion the prior Friday. The sell-off followed a mixed second-quarter report and, more importantly, a new filing that allows the bitcoin miner to sell up to $1 billion in stock. Revenue rose 47% year over year to $228.8 million, beating analysts’ $225.7 million estimate, but the company posted a $0.37 per-share loss, slightly worse than the $0.36 expected by Wall Street. Investors also focused on a shift in gross margin, which turned negative in the quarter after being positive a year earlier. Alliance Global cut its price target on the stock to $20 from a recently raised $23. Bitdeer CFO Michael Potter said the quarter showed steady progress and pointed to a new colocation agreement and the AI Cloud business, but those comments did little to offset concern over rising costs and shareholder dilution. The company also said litigation tied to its Clarington, Ohio, data center project has moved into discovery after a motion to dismiss was denied.

Intel’s planned common stock sale has drawn more than $100 billion in investor orders, according to people familiar with the matter, giving the chipmaker room to consider increasing the size of the deal from $15 billion to about $20 billion. The company announced the offering on Aug. 10, and the response has been far stronger than expected. People familiar with the sale said the shares are being marketed at around $95 each or higher, a discount of roughly 6.5% to the previous Friday’s close. JPMorgan, Goldman Sachs, Morgan Stanley and Citigroup are acting as underwriters. The syndicate also has a 30-day option to purchase up to $2.25 billion in additional shares. Intel said the proceeds would be used for general corporate purposes, including capital expenditures and working capital, with spending focused on physical AI, custom chips, advanced packaging and foundry operations. CFO Sinsner said the company wants to send a signal to customers that it has confidence across all of its businesses, while CEO Chen Liwu said AI demand is outpacing supply and CPU orders already exceed current manufacturing capacity.