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Amazon Web Services (AWS): OpenAI’s Daybreak Red and Daybreak Blue are now available to eligible customers on Amazon Bedrock.

August 12 - The Houthi rebels in Yemen stated on the 11th that they are willing to maintain dialogue with Saudi Arabia, but also said that they will continue to launch attacks on Saudi-related ships and Saudi-backed military targets unless their demands are met.

Coreweave (CRWV.O) CFO: Third-quarter revenue is expected to be between $3.45 billion and $3.6 billion, with capital expenditures between $11.5 billion and $13.5 billion.

Coreweave (CRWV.O) CFO: The company expects its active computing power to exceed 1.85 gigawatts by the end of this year, higher than the previous guidance of more than 1.7 gigawatts.

Coreweave (CRWV.O) CFO: The company has raised its full-year 2026 revenue forecast to between $12.4 billion and $13.2 billion.

Coreweave (CRWV.O) CFO: Capital expenditures are currently projected to be between $35 billion and $39 billion by 2026.

On August 12, local time, a U.S. federal judge ordered on August 11 that the U.S. Postal Service be prohibited from restricting mail-in voting under President Trump's executive order. On March 31, Republican President Trump issued an executive order instructing the Department of Homeland Security and the Social Security Administration to compile lists of eligible voters on a state-by-state basis, while prohibiting the U.S. Postal Service from processing ballots mailed by voters not on the list. Twenty-three Democratic-governed states and Washington, D.C., subsequently filed lawsuits against the executive order, arguing it was unconstitutional. On June 25, a federal judge in the Boston area halted the implementation of Trump's executive order. On July 25, the U.S. Court of Appeals for the First Circuit upheld the original ruling, continuing the injunction against the executive order. The Trump administration then filed an emergency petition with the Supreme Court.

Supermicro (SMCI.O) CFO: Demand for upgrading computing, storage, and networking infrastructure increased among enterprise and channel customers in the fourth quarter.

Supermicro (SMCI.O) CFO: In fiscal year 2026, the company will have nine customers with revenues exceeding $1 billion, compared to only four in fiscal year 2025.

US President Trump: Medicaid will no longer provide funding for gender reassignment surgery and hormone therapy for minors.

A U.S. judge blocked the postal service from restricting mail-in voting under a Trump order.

On August 12th, CoreWeave (CRWV.O) rose 12% in after-hours trading on Tuesday after reporting second-quarter revenue of $2.58 billion, a 112% year-over-year increase, exceeding Wall Street expectations and indicating continued rapid growth in demand for AI computing power. Net loss was $626 million, higher than the $290 million loss in the same period last year. The company currently has a $104 billion order backlog and 1.5 gigawatts of capacity under construction. CoreWeave is accelerating its expansion in the data center business, competing with cloud computing giants such as Amazon, Google, and Microsoft for the market of data centers equipped with chips capable of running generative AI models. However, CoreWeave is not yet profitable. As of the end of the quarter, the company's balance sheet showed $35 billion in debt, used to pay for Nvidia GPUs and other equipment purchases. Meta announced an additional $21 billion investment in CoreWeave this quarter. In addition, CoreWeave announced a multi-year partnership agreement with Anthropic and secured $6 billion in committed funding from quantitative trading firm Jane Street.

According to a related statement, the U.S. Commodity Futures Trading Commission (CFTC) has requested that the forecasting platform Kalshi continue operating.

Market news: Putin has arrived in Yuzhno-Sakhalinsk, Russia, to participate in the final phase of the Pacific Fleet's military exercises.

Coreweave (CRWV.O) shares rose 10% in after-hours trading.

The API reported that U.S. crude oil production increased by 34,000 barrels per day in the week ending August 7, compared to a decrease of 112,000 barrels per day in the previous week.

U.S. refined product imports for the week ending August 7 were 196,000 barrels per day (API), compared to a -206,000 barrels per day in the previous week.

U.S. crude oil imports for the week ending August 7 were 835,000 barrels, compared to 172,000 barrels in the previous week.

U.S. heating oil inventories for the week ending August 7 were 424,000 barrels, compared to a decrease of 118,000 barrels in the previous week.