U.S. Stock Market Midday Update
So-Young rose 8.73%, with a six-month increase of 469.03%. Based on recent important news:
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On August 13, So-Young projected a quarterly revenue decline of 11.1%, but analysts rated it as &#34;Strong Buy,&#34; with a target price 38.3% higher than the current price, driving the stock price up.
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On August 12, ARK Invest purchased Block for the first time, indicating a potential shift in investment strategy and positive market sentiment.
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On August 11, Huajian Medical's stock soared due to its Ethereum layout, reflecting optimistic market sentiment towards crypto assets.
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Stocks with High Trading Volume in the Industry
Meta fell 0.63%, with increased trading volume. Based on recent important news:
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On August 13, Meta's market capitalization approached $2 trillion, driven by a surge following Q2 earnings report, with the stock price breaking the 52-week high of $784.75.
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On August 11, a Bank of America survey showed that Meta became one of the most popular trades, boosting investor confidence.
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On August 10, Jinglin Asset disclosed that Meta was its largest holding, accounting for 25.46% of its portfolio.
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Google-A fell 0.04%, with increased trading volume. Based on recent key news:
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On August 12, AI startup Perplexity proposed a $34.5 billion acquisition of Google Chrome, increasing market uncertainty about Google's future and causing stock price fluctuations.
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On August 13, U.S. Federal Judge Amit Mehta is expected to rule on Google's antitrust lawsuit, potentially requiring Google to sell Chrome, adding to market uncertainty.
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On August 13, Google's parent company Alphabet announced a $70 billion stock buyback plan, demonstrating the company's confidence in future development, partially alleviating market concerns.
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Google-C rose 0.07%, with increased trading volume. Based on recent important news:
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On August 12, Perplexity AI proposed a $34.5 billion acquisition of Google Chrome, which drove Alphabet's stock price up by 1.2%.
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On August 12, Google search volume continued to grow, especially among Generation Z users, driving business growth.
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On August 12, Google faced an antitrust lawsuit, with the judge potentially requiring the sale of Chrome, keeping the market's attention.
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Stocks with High Market Capitalization in the Industry
Reddit rose 3.36%, with a market capitalization of $43.3 billion. Based on recent important news:
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On August 11, Reddit reported four consecutive quarters of profitability, with the stock price rising 3.36%
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On August 12, Reddit faced a class action lawsuit, and investors need to pay attention to potential risks.
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On August 10, Reddit reached an AI cooperation agreement to boost market confidence
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So-Young rose 8.73%; Meta fell 0.63%, with a transaction volume of USD 3.214 billion; Google-A fell 0.04%, with a transaction volume of USD 1.726 billion; Google-C rose 0.07%, with a transaction volume of USD 1.346 billion; Reddit rose 3.36%, with a market value of USD 43.3 billion

U.S. stock market update: So-Young rises 8.73%