---
title: "US Stock Market Update: So-Young fell 7.49%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251044919.md"
description: "So-Young fell 7.49%; Meta rose 11.98%, with a transaction volume of USD 21.2 billion; Google-A fell 1.85%, with a transaction volume of USD 5.537 billion; Google-C fell 1.79%, with a transaction volume of USD 2.938 billion; Baidu rose 2.49%, with a market value of USD 30.3 billion"
datetime: "2025-07-31T17:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251044919.md)
  - [en](https://longbridge.com/en/news/251044919.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251044919.md)
generator: "portal-rs"
---

# US Stock Market Update: So-Young fell 7.49%

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

So-Young, down 7.49%, with increased trading volume. Based on recent key news:

1.  On July 29, So-Young's quarterly earnings report showed that its actual earnings fell short of market expectations, leading to a 7.49% drop in stock price.

2.  On July 30, concerns about So-Young's future profitability intensified, undermining investor confidence.

3.  On July 31, the industry faced overall policy uncertainty, further pressuring stock prices.

**Top Stocks by Industry Trading Volume**

Meta, up 11.98%, with a trading volume of $21.2 billion. Based on recent important news:

1.  On July 31, Meta announced its second-quarter results, with revenue of $47.52 billion, a 22% year-on-year increase, and net profit of $18.337 billion, a 36% year-on-year increase, exceeding market expectations, causing the stock price to rise by 11.64%.

2.  On July 31, Meta forecasted third-quarter revenue significantly above expectations, with the stock price hitting an all-time high.

3.  On July 31, Meta raised its full-year capital expenditure forecast, leading to a post-market surge of 10% in stock price.

Google-A, down 1.85%, with increased trading volume. Based on recent important news:

1.  On July 31, Google announced plans to invest $6 billion in building data centers in India, demonstrating its commitment to expansion in the Asia-Pacific region, which caused the stock price to drop by 1.85%.

2.  On July 31, Alphabet faced significant regulatory pressure, with the U.S. Department of Justice seeking to have it abandon its advertising trading platform, leading to market concerns and a drop in stock price.

3.  On July 29, Goldman Sachs raised its target price for Alphabet to $234, believing its AI investments will drive long-term growth, but the market remains cautious about its legal challenges.

Google-C, down 1.79%, with increased trading volume. Based on recent important news:

1.  On July 31, Google announced it would invest $6 billion in building data centers in India, reflecting its Asia-Pacific expansion plans, with the stock price affected by global economic uncertainty.

2.  On July 30, Google faced uncertainty regarding judicial rulings that could impact its monopolistic behavior, leading to stock price volatility.

3.  On July 29, JP Morgan maintained its "overweight" rating on Google with a target price of $232, while the market still harbors concerns about its legal risks.

**Top Stocks by Industry Market Capitalization**

Baidu, up 2.49%, with a market capitalization of $30.3 billion. Based on recent important news:

1.  On July 30, Baidu's search engine tested the opening of intelligent application access, promoting the development of AI applications, leading to a 2.49% increase in stock price.

2.  On July 30, Malaysia secured investments from Baidu and other companies, promoting AI infrastructure development and boosting market confidence.

3.  On July 29, Baidu Wenku saw significant user growth, indicating an increased demand for AI tools

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