AI-related U.S. stocks showed mixed moves in premarket trading, according to data cited by Odaily from MSX.COM. Among the names mentioned, CRWV fell 2.60%, while MRVL gained 0.42%. ANET slipped 0.22%, GOOGL rose 0.48%, and MU edged down 0.20%. Odaily also noted that MSX.COM is a decentralized real-world asset, or RWA, trading platform. The platform has cumulatively listed hundreds of RWA tokens tied to U.S. stocks and ETF underlyings. Examples cited in the report include AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA. The update was published as a brief market snapshot and focused on the premarket performance data alongside a short description of the platform providing the figures.

Hong Kong-based Tianfeng Securities’ overseas technology research team says the latest round of quarterly results across the AI supply chain has strengthened the case for an AI bull market comeback. In its review, the firm argued that cloud growth has reaccelerated, demand for compute continues to run ahead of supply, and customers are no longer resisting higher prices. In some cases, they are paying upfront construction costs, which Tianfeng says is improving unit economics across AI infrastructure. The report points to record cloud contract activity over the past 20 quarters and says results from Google, Amazon Web Services and Microsoft Azure support the view that long-term cloud growth remains intact. It also highlights CoreWeave and Nebius as evidence that new compute providers have gained pricing power, with strong contract growth, prepaid terms and shorter payback periods. On the supply-chain side, Tianfeng says optical communications, memory and storage are showing signs that a bottom has formed, while debate over AI infrastructure returns has been weakened by fresh earnings data.

U.S. CPI came in at 3.4%, matching expectations and leaving little new macro impulse for markets. Attention instead turned to where the next leg of the AI trade might move after the storage-chip theme cooled. Earnings from CoreWeave and Nebius pushed that conversation toward Neocloud, or next-generation AI cloud providers, after the two stocks finished up 19% and 34%, respectively. The article points to a common message in both reports: compute capacity is effectively sold out, and demand still exceeds available supply. CoreWeave posted quarterly revenue of $2.58 billion, a backlog of $104.2 billion, and another $25 billion in newly signed contracts early in the third quarter. Nebius reported $582 million in quarterly revenue, 454% year-over-year growth, a $3 billion annualized run rate for its AI cloud business, and its first positive EBITDA. It also argues that the sector’s moat is moving away from simply securing GPUs and toward securing power. Pricing data cited for Nebius showed short-duration, rapid-delivery compute selling for $40 million to $50 million per megawatt, versus $20 million to $25 million per megawatt for long-term contracts. The piece further says recent company disclosures challenge short arguments around GPU depreciation, useful life, and profitability, especially for older clusters that continue generating renewal revenue after their original asset costs have already been recovered.

US markets opened higher on Aug 12 as investors embraced mild inflation data. The Dow rose 0.33%, the S&P 500 gained 0.49%, and the Nasdaq climbed 0.9%, according to Bitget data. Storage, chip, optical communications and neocloud stocks all strengthened. SanDisk jumped 6.9%, SK Hynix rose 5.8% and Micron added 5.5%. Among neocloud names, CRWV surged 22%, NBIS climbed 15.21% and IREN gained 10%. Optical names also advanced, with LITE up 9.88%, GLW up 5.64%, AAOI up 4.71% and MRVL up 6%.

According to BlockBeats, Serenity said on Aug. 12 that it has maintained a public bearish view on CRWV, the neocloud company. Serenity's post cited strong demand and an order backlog above $100 billion, plus an adjusted EBITDA margin of 59%. Even so, the company's interest expense stood at $640 million, equal to roughly 42% of EBITDA. Serenity said debt interest is seriously squeezing cash flow and that CRWV's net loss has been expanding. The remarks were part of a post dated Aug. 12 and carried by BlockBeats. Serenity described its bearish position as consistent over time. The figures named by Serenity include a backlog of more than $100 billion, a 59% adjusted EBITDA margin and $640 million in interest expense. That interest expense represents about 42% of EBITDA, according to the statement. Serenity's stance hinges on the gap between these strong operating metrics and the company's interest burden, which it said is worsening the net loss.

The U.S. Securities and Exchange Commission is set to hold a public meeting on Aug. 14 to consider a proposed "Regulation Crypto" framework that would let some crypto projects raise capital without completing a full securities registration process. If advanced for public comment, it would become the SEC’s first formal, durable rulemaking effort aimed specifically at the crypto sector. The proposal would also outline a route for projects to exit SEC oversight once developers stop actively managing the network and the project becomes decentralized. SEC Chair Paul Atkins has previously said the exemption period could last as long as four years, though no fundraising cap was disclosed. On the litigation front, a federal judge in Connecticut ruled that Kalshi’s sports-event contracts are not swaps under the Commodity Exchange Act, meaning the Commodity Futures Trading Commission did not obtain exclusive jurisdiction on that basis. The decision lands as Kalshi remains under pressure in New York, where the CFTC said it used “emergency powers” to require the prediction-market operator to continue operating after the company sought assistance following a lawsuit from New York Attorney General Letitia James. Elsewhere, the market snapshot showed broad declines among major tokens over the past 24 hours, while project, funding, security and AI headlines spanned Bitwise layoffs, a reported COLDCARD Mk3 wallet flaw, Hyperliquid and Robinhood Chain user metrics, and a string of new financings across crypto, AI and financial infrastructure.

Odaily’s morning roundup covered a broad set of crypto, regulatory, and macro developments. The most notable item was a report that the U.S. Securities and Exchange Commission is preparing two initiatives tied to tokenized securities trading and a customized issuance mechanism for crypto investment contracts. On the market side, four wallets were said to have opened short positions on BTC worth $340 million around the $64,000 level. The briefing also said Grok Bot’s early test version has gone live, while the Commodity Futures Trading Commission asked Kalshi to continue operating its prediction market in New York. In corporate news, CRWV posted 101% year-over-year EBITDA growth in the second quarter, with its shares rising nearly 15% after hours. Beyond crypto, South Korea is planning to inject more than $700 million next year into a sovereign wealth fund focused on strategic sectors including AI. The note also said Strategy will resume increasing its Bitcoin holdings within the year and is already the world’s largest institutional holder, while leveraged ETF assets fell to $154 billion last month and Citadel Securities said systematic capital may add leverage again. CICC, for its part, recommended staying overweight gold.

CoreWeave reported second-quarter results showing revenue of $2.58 billion, slightly above the $2.56 billion market expectation. Operating income came in at $128 million, with an operating margin of 5%, while EBITDA reached $1.51 billion, up 101% from a year earlier, for a 59% margin. The company posted a net loss of $626 million and diluted loss per share of $1.14. Its earnings per share loss was $1.20, matching market expectations. CoreWeave also said revenue backlog rose to about $104 billion from $99 billion previously, marking an increase of more than 25% since the prior quarter’s earnings report. The backlog figure does not include more than $25 billion in net new customer commitments added at the start of the third quarter. According to MSX.COM data, CoreWeave shares rose nearly 15% in after-hours trading.