U.S. stock market mid-session update: Bit Origin down 13.96%

U.S. Stock Market Midday Update

Bit Origin fell 13.96%, with increased trading volume. Based on recent key news:

1. On July 22, Bit Origin announced the inclusion of Dogecoin in its financial reserves, with CEO Jiang Jinghai expressing optimism about its potential in micro-payments. This move failed to boost market confidence, leading to a decline in stock price.

2. On July 25, the market reacted poorly to Bit Origin's purchase of Dogecoin, causing the stock price to continue to fall.

3. On July 22, the company announced it secured $500 million to establish a Dogecoin reserve, but the market questioned its financial health, putting pressure on the stock price.

Top Stocks by Industry Trading Volume

Palantir Tech rose 2.86%, with a trading volume of $4.718 billion. Based on recent key news:

1. On July 25, Palantir secured a NATO contract and participated in Trump's Project Stargate, pushing the stock price up by 3.72%. Wedbush analyst Dan Ives raised the target price from $140 to $160, believing it has similar potential to Oracle.

2. On July 24, Palantir's AI platform AIP received widespread attention, being used by over 100 organizations globally, driving the stock price to a historic high.

3. On July 23, Palantir's stock price increased by 436% over the past 12 months, rising 2300% since 2023, with a significant increase in market demand for its AI solutions.

Strategy fell 2.20%, with increased trading volume. Based on recent important news:

1. On July 24, Strategy planned to increase its financing scale from $500 million to $2 billion for purchasing Bitcoin, raising market concerns about its excessive reliance on Bitcoin, leading to a decline in stock price.

2. On July 25, Strategy conducted an IPO at a discounted price of $90 per share; despite strong subscription demand, the discounted price reflected the market's cautious attitude towards its valuation, further pressuring the stock price.

3. On July 22, Strategy raised funds by selling shares to increase its Bitcoin holdings; although this temporarily increased its Bitcoin holdings, market concerns about its financial leverage led to pressure on the stock price.

Circle fell 0.68%, with increased trading volume. Based on recent important news:

1. On July 22, Compass Point Research downgraded Circle's rating to "Sell," lowering the target price from $205 to $130, resulting in a significant stock price drop of 7.6%.

2. On July 23, rumors of Circle collaborating with Ant Group attracted market attention; although the partnership has not been announced, it caused stock price fluctuations On July 25th, Circle's stablecoin network launched Sei, enhancing USDC liquidity, and the market reacted positively.

Stocks ranked among the top in industry market capitalization

SAP rose 0.74%, with a market capitalization of $335.8 billion. Based on recent important news:

1. On July 23rd, SAP released its financial report, with operating profit increasing to €2.568 billion and free cash flow growing by 83% year-on-year, driving the stock price up.

2. On July 23rd, SAP's cloud business gross margin improved to 75.2%, with cloud revenue in the Asia-Pacific region growing by 33%, boosting market confidence.

3. On July 23rd, JMP Securities raised SAP's target stock price to $375, enhancing investor confidence