Stock Market News for August 13, 2026

Infrastructure, cloud and AI deployment

CoreWeave (CRWV) said its AI cloud platform now powers MasterClass’s AI teaching agents, underscoring steady demand for GPU‑optimized inference as content platforms scale.

Rackspace Technology (RXT) appointed Chetan Gupta, Ph.D., as Chief AI Officer, a sign enterprise AI is moving from pilots toward productized cloud services that can expand recurring revenue.

CXAI (CXAI) reported 79% sequential revenue growth in Q2 after the EngineRoom acquisition and CXAI 2.0 rollout, a rapid commercialization signal for customer‑experience AI platforms.

Semiconductors, storage and materials

Applied Materials (AMAT) reported third‑quarter 2026 results, essential reading for equipment demand and the broader semiconductor capex cycle.

Silicon Motion Technology (SIMO) closed an upsized offering of $1.15 billion of 0.00% convertible senior notes due 2031, a sizeable financing that smooths near‑term liquidity for NAND controller demand exposure and could affect equity dilution scenarios.

Energy transition, transport electrification and storage

Fluence (FLNC) and LEAG Clean Power broke ground on a second German battery‑storage project, a concrete step toward merchant storage revenues and capacity procurement (announcement).

Enphase Energy (ENPH) is rolling out its full home‑energy platform in Italy with backup, three‑phase support and EV‑charging integration, widening its international TAM (read more).

flyExclusive (FLYX) reported record Q2 revenue and the third consecutive quarter of positive adjusted EBITDA, a notable operational milestone for niche aviation services and private air mobility investors.

Quarterly results, guidance changes and operational beats

HeartFlow (HTFL) reported Q2 results and raised full‑year 2026 guidance, a notable read for medtech peers as it alters the near‑term commercial outlook.

Agora, Inc. (API) released its Q2 financial results, providing a checkpoint on developer‑platform monetization and real‑time engagement trends that investors watch for growth and margin inflection.

Diginex (DGNX) reported 77% revenue growth and remains debt‑free after strategic acquisitions—an example of a RegTech platform scaling while preserving balance‑sheet optionality.

DeFi Technologies (DEFT) announced Q2 results: $7.8 million revenue, operating loss of $2.3 million, while noting a maintained strong balance sheet—an update investors in digital‑asset infrastructure will parse for runway and capital deployment plans.

Clinical, regulatory and biotech updates

OS Therapies (OSTX) was granted a U.S. FDA Type C statistical‑methods meeting to review 2.5‑year overall survival data for OST‑HER2—an outcome meeting that could materially reshape approval timelines.

Elutia (ELUT) secured up to $26 million to fund NXT‑41x through commercial launch and reported Q2 results, a key funding milestone for commercialization runway.

Contracts, commercial wins and fintech partnerships

TTEC Government Solutions (TTEC) won a $21 million contract to modernize IRS contact‑center infrastructure, improving backlog visibility for its services business.

Exodus (EXOD) — with Lithic and Monavate — moved to power modular card rails (partnership), a product development that can drive fintech issuance and rails monetization.

Market structure, products and corporate finance

Opendoor (OPEN) completed its first‑ever share buyback, trimming float by 5% and raising $440 million at a 0% coupon—tightening supply while preserving low‑cost capital.

MicroVision (MVIS) announced the launch of a proposed public offering, a liquidity event that could refresh capital for product development in lidar and sensing markets.

WaterBridge (WBI) priced an upsized $150 million offering of 6.500% senior notes due 2033, a material debt raise that affects leverage and free‑cash‑flow assumptions.

Selected earnings and operational updates worth noting

• Assembly Biosciences (ASMB) reported Q2 results and program updates for antivirals.
• Blaize (BZAI) — see above — provides a lens on edge AI adoption.
• IM Cannabis (IMCC) released Q2 and H1 results, a smaller sector read on regulatory and demand trends.

Mining, resources and commodity signals

Metalla (MTA) reported record Q2 results with asset updates, a sign of stronger cash flows in royalty/streaming exposures.

Market takeaway

Tape today continues to emphasize the shift from R&D to revenue across AI infrastructure, semiconductors and platform software. Silicon Motion (SIMO)'s $1.15 billion convertible‑note close and MicroVision (MVIS)'s proposed offering are the biggest corporate‑finance items—both change liquidity and dilution math for investors. Earnings and operational beats from names like Diginex (DGNX) and flyExclusive (FLYX) show pockets of margin recovery and cash discipline. Watch upcoming reports and scheduled calls for fresh guidance shifts that can steer intraday moves.