---
title: "U.S. stock market update: So-Young falls 12.38%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250013274.md"
description: "So-Young fell 12.38%; Google-A rose 1.75%, with a transaction volume of USD 11 billion; Google-C rose 1.62%, with a transaction volume of USD 6.751 billion; Meta rose 0.53%, with a transaction volume of USD 4.809 billion; Baidu fell 1.97%, with a market value of USD 31.4 billion"
datetime: "2025-07-24T18:13:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250013274.md)
  - [en](https://longbridge.com/en/news/250013274.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250013274.md)
generator: "portal-rs"
---

# U.S. stock market update: So-Young falls 12.38%

**U.S. Stock Market Midday Update**

So-Young Technology fell 12.38%, with a year-to-date increase of 499.06%. Based on recent important news:

1.  On July 23, the strong brand building of Su Yan Cui and stable market prices may affect So-Young Technology's market performance due to changing consumer preferences, leading to stock price fluctuations.

2.  On July 22, MarketBeat did not list So-Young Technology as a recommended buy stock, despite a buy rating, as analysts believe other stocks are more attractive, affecting investor confidence.

3.  On July 23, Tibet Tourism issued a risk warning, indicating that overheated market sentiment may affect the overall sentiment in the medical beauty industry, indirectly causing So-Young Technology's stock price to decline.

**Stocks with High Trading Volume in the Industry**

Google-A rose 1.75%, with a trading volume of $11 billion. Based on recent key news:

1.  On July 24, Google's parent company Alphabet announced its second-quarter earnings report, with revenue of $96.43 billion, exceeding market expectations of $93.97 billion, driving the stock price up 1.75%.

2.  On July 24, Google Cloud's revenue reached $13.6 billion, a year-on-year increase of 32%, exceeding expectations of $13.14 billion, further boosting the stock price.

3.  On July 24, Google announced an increase in its 2025 capital expenditure forecast from $75 billion to $85 billion, showing confidence in future growth and attracting investor purchases.

Google-C rose 1.62%, with increased trading volume. Based on recent important news:

1.  On July 24, Alphabet announced its second-quarter earnings report, with revenue of $96.43 billion, a year-on-year increase of 14%, exceeding market expectations, driving the stock price up 1.62%.

2.  On July 24, Google Cloud's revenue grew by 32% to $13.6 billion, exceeding expectations and further boosting market confidence.

3.  On July 24, Alphabet announced an increase in its 2025 capital expenditure forecast from $75 billion to $85 billion, showing confidence in future growth.

Meta rose 0.53%, with increased trading volume. Based on recent important news:

1.  On July 23, Meta's Chief Operating Officer Javier Olivan sold company common stock, raising market concerns about insider confidence, leading to stock price fluctuations.

2.  On July 22, Deutsche Bank reported that Meta's advertising revenue rebounded, and user activity improved, driving the stock price up.

3.  On July 21, Morgan Stanley raised Meta's target price to $750 due to macroeconomic improvements and progress in AI strategy, boosting market confidence.

**Stocks with High Market Capitalization in the Industry**

Baidu fell 1.97%, with increased trading volume. Based on recent important news:

1.  On July 24th, investors held a bearish outlook on Baidu, leading to a decline in its stock price.

2.  On July 23rd, CMB International predicted a decline in Baidu's advertising revenue, affecting market confidence.

3.  On July 22nd, Baidu launched new AIGC technology, which failed to boost its stock price

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- [SY.US](https://longbridge.com/en/quote/SY.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**