U.S. Stock Market Midday Update
Galaxy Digital rose 7.63%, with increased trading volume. Based on recent important news:
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On August 8, Galaxy Digital reached a partnership with DDC Enterprise to enhance Bitcoin treasury management, providing deeper liquidity and secure custody, driving the stock price up.
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On August 8, Galaxy Digital became the SUI asset manager for Mill City, participating in a $450 million private placement, boosting market confidence.
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On August 10, Galaxy Digital transferred 224,000 SOL to the trading platform, valued at $41.12 million, indicating its active market operations.
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Stocks with High Trading Volume in the Industry
BlackRock rose 0.09%, with increased trading volume. Based on recent important news:
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On August 9, Harvard University and Brown University increased their Bitcoin exposure by holding shares in BlackRock's Bitcoin trust fund, driving the stock price up.
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On August 8, BlackRock planned to submit an XRP ETF application, increasing market interest in cryptocurrency ETFs.
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On August 8, BlackRock reduced its holdings in ZTE Corporation and Dongfeng Group, affecting market confidence.
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Blackstone Group rose 0.45%, with a trading volume of $117 million. Based on recent key news:
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On August 8, Blackstone Group entered acquisition negotiations with Iress, causing Iress's stock price to surge 15.6%, boosting market confidence in Blackstone's acquisition capabilities, driving the stock price up.
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On August 8, Blackstone Group discussed acquiring assets from New World Development, potentially considering privatizing New World Development, enhancing market expectations and driving the stock price up.
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On August 8, Blackstone Group's second-quarter management fee revenue increased by 4% quarter-over-quarter, marking the best quarterly growth since 2022, boosting investor confidence and driving the stock price up.
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Apollo Global rose 0.25%, with increased trading volume. Based on recent important news:
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On August 7, Apollo Global Management announced it would increase its loan to SoftBank Group to $5.4 billion, enhancing market confidence in its credit business, driving the stock price up by 0.25%.
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On August 6, Apollo's Chief Legal Officer Whitney Chatterjee sold 4,500 shares of common stock, with a total transaction amount of $657,148, which the market reacted positively to.
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On August 7, Apollo Global Management priced a 5.150% senior bond issuance amounting to $500 million, demonstrating its strong financing capability, further driving the stock price up.
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Stocks with High Market Capitalization in the Industry
KKR Group fell 0.27%, with increased trading volume. Based on recent important news:
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On August 8, KKR, in conjunction with Stonepeak Partners, pressured the Assura board to support its acquisition proposal, leading to market doubts about KKR's acquisition capabilities, and the stock price fell by 0.27%.
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On August 8, KKR, along with financing support from Harvest Partners, made a growth investment in Med-Metrix, which failed to boost the stock price.
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On August 7, KKR's co-executive chairman George R. Roberts sold company common stock, raising concerns in the market about internal confidence in the company
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GLXY

Galaxy Digital rose 7.63%; BlackRock rose 0.09%, with a trading volume of USD 156 million; Blackstone Group rose 0.45%, with a trading volume of USD 117 million; Apollo Global rose 0.25%, with a trading volume of USD 109 million; KKR Group fell 0.27%, with a market value of USD 126.6 billion

U.S. stock market midday update: Galaxy Digital up 7.63%