---
title: "U.S. stock market update: GameSquare down 10.22%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250192930.md"
description: "GameSquare fell 10.22%; Google-A rose 0.45%, with a transaction volume of USD 5.193 billion; Google-C rose 0.42%, with a transaction volume of USD 4.147 billion; Meta rose 0.46%, with a transaction volume of USD 3.453 billion; Baidu fell 0.35%, with a market value of USD 31.2 billion"
datetime: "2025-07-25T18:13:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250192930.md)
  - [en](https://longbridge.com/en/news/250192930.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250192930.md)
generator: "portal-rs"
---

# U.S. stock market update: GameSquare down 10.22%

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

GameSquare fell 10.22%, with increased trading volume. Based on recent key news:

1.  On July 24, GameSquare announced the acquisition of CryptoPunk #5577 for $5.15 million in preferred stock. This is the company's first direct investment in NFTs, and the market reacted negatively, causing the stock price to drop.

2.  On July 25, GameSquare completed the acquisition of CryptoPunk #5577, further exacerbating market concerns and leading to a continued decline in stock price.

3.  On July 25, GameSquare announced it would hold a live event; despite positive market expectations, it failed to reverse the downward trend in stock price.

**Top Stocks by Industry Trading Volume**

Google-A rose 0.45%, with increased trading volume. Based on recent important news:

1.  On July 24, Google's parent company Alphabet released its Q2 earnings report, with revenue of $96.43 billion, exceeding market expectations of $93.97 billion, driving the stock price up by 0.19%.

2.  On July 25, management announced an increase in capital expenditures to $85 billion, raising market concerns about short-term profitability, leading to stock price volatility.

3.  On July 24, Google Cloud's revenue was $13.62 billion, a 32% year-over-year increase, exceeding expectations and boosting market confidence.

Google-C rose 0.42%, with increased trading volume. Based on recent important news:

1.  On July 24, Google's parent company Alphabet released its Q2 earnings report, with revenue of $96.43 billion, a 14% year-over-year increase, exceeding market expectations and driving the stock price up.

2.  On July 24, Google announced it would raise its 2025 capital expenditure forecast from $75 billion to $85 billion, demonstrating strong confidence in AI and cloud business.

3.  On July 25, Citigroup reiterated its "Buy" rating on Google and raised the target price to $225 due to growing demand for its AI technology and cloud services.

Meta rose 0.46%, with a trading volume of $3.453 billion. Based on recent key news:

1.  On July 26, Meta announced it would stop running political ads in the EU, reflecting resistance to new EU regulations, leading to a moderate increase in stock price.

2.  On July 24, Morgan Stanley raised its target price for Meta from $650 to $750, maintaining an "Overweight" rating, which drove the stock price up.

3.  On July 23, Meta's Chief Operating Officer Javier Olivan sold company common stock, attracting market attention.

**Top Stocks by Industry Market Capitalization**

Baidu fell 0.35%, with a market capitalization of $31.2 billion. Based on recent important news:

1.  On July 25th, Nomura Securities predicted that Baidu's advertising revenue would decline by 15% due to the immature monetization model of AI search, putting pressure on its stock price.

2.  On July 25th, Baidu's short interest rose to 19.27%, with the market holding a pessimistic view on its future performance.

3.  On July 23rd, Baidu's affiliated gaming company received approval, but it failed to boost the stock price

### Related Stocks

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

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