U.S. stock market midday update: Gryphon Digital Mining up 8.50%

U.S. Stock Market Midday Update Gryphon Digital Mining rose 8.50%. Based on recent important news: On May 12, Gryphon Digital Mining announced a merger with American Bitcoin, causing the stock price to soar by 328%. After the merger, the company will be listed on NASDAQ, and the market is optimistic about the merger prospects. On July 31, news that Eric Trump holds a significant amount of shares in American Bitcoin was disclosed, further increasing market attention on the merger. On July 28, analysts maintained a hold rating on Gryphon Digital Mining, believing that five other stocks have more investment value. Stocks with High Trading Volume in the Industry Palantir Tech fell 0.47%, with increased trading volume. Based on recent key news: On July 29, the U.S. Department of Defense tested Microsoft's artificial intelligence, leading to a decline in Palantir's stock price. On July 29, analysts believed Palantir's valuation was too high and advised investors to look for other AI stocks, affecting market confidence. On July 28, Palantir's value score was extremely low, indicating it is overvalued relative to its fundamentals, frustrating investor sentiment. AppLovin rose 8.00%, with increased trading volume. Based on recent key news: On July 31, Barron's reported that AppLovin may be included in the S&P 500 index, driving the stock price up. On July 30, UBS believed AppLovin possesses performance-driven AI attributes that are scarce in the AI concept sector, making it worthy of increased investment, leading to a rise in stock price. On July 30, the market expects AppLovin's Axon 2 to become a broader AI advertising engine, causing a significant increase in stock price. Strategy rose 2.39%, with a trading volume of $1.146 billion. Based on recent important news: On July 30, Strategy completed a $2.52 billion IPO and acquired 21,021 bitcoins, pushing the stock price up by 2.39%. On July 30, Strategy announced its bitcoin holdings reached 628,791 coins, gaining market recognition for its strategic layout. On July 30, Strategy listed a new security STRC on NASDAQ, further consolidating its position in the capital market. Stocks with High Market Capitalization in the Industry SAP fell 1.31%, with a market capitalization of $333.9 billion. Based on recent important news: On July 29, SAP announced a buyback of 389,780 shares at an average price of $249.76, causing stock price fluctuations On July 31, MSFT and META's stock prices rose above SAP's market value, leading to a decrease in market attention towards SAP. On July 29, enterprise software stocks generally declined, with SAP's stock price falling by 1.8%