U.S. Stock Market Midday Update
So-Young, up 7.53%, with increased trading volume. Based on recent key news:
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On August 26, So-Young's financial report showed that offline business revenue surpassed online business, becoming the company's largest source of income, with revenue from beauty treatment services increasing by 426.1% year-on-year, driving the stock price up.
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On August 26, So-Young CEO Jin Xing stated that the company plans to achieve a scale of 1,000 stores in the next 8 to 10 years, enhancing market confidence in the company's future growth, resulting in a stock price increase.
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On August 25, market analysts maintained a &#34;Buy&#34; rating on So-Young, but noted that there are five other stocks more worthy of investment; nevertheless, market confidence in So-Young remains high.
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Stocks with High Trading Volume in the Industry
Meta, up 0.02%, with a trading volume of $1.328 billion. Based on recent important news:
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On August 26, Meta announced a partnership with Midjourney to enhance AI image generation technology, promoting product differentiation, leading to a 0.02% increase in stock price.
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On August 26, Meta plans to launch a new type of smart glasses, marking an expansion in the augmented reality field, with positive market response.
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On August 26, Meta chose Pacific Investment Management Company to lead a data center expansion project, reflecting ongoing investment in AI infrastructure, boosting market confidence.
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Google-A, down 1.04%, with increased trading volume. Based on recent important news:
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On August 26, Google launched the &#34;Quick Share&#34; feature, challenging Apple's AirDrop, with the market paying attention to its technological innovation, causing stock price fluctuations.
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On August 23, Apple considered adopting Google's Gemini AI, driving Google's stock price up by 3.8%.
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On August 26, a Russian court fined Google, impacting the stock price decline.
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Google-C, down 0.98%, with increased trading volume. Based on recent important news:
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On August 23, Apple considered using Google's Gemini AI to improve Siri, driving Google's stock price up by 3.4%.
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On August 25, the market held an optimistic view on Google's cloud service collaboration with Meta, although the impact is indirect, it boosted investor confidence.
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On August 26, a Russian court fined Google 7.2 million rubles, increasing legal risks.
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Stocks with High Market Capitalization in the Industry
Reddit, down 0.14%, with increased trading volume. Based on recent important news:
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On August 22, Reddit's Chief Accounting Officer and Chief Legal Officer sold shares of the company, leading to market concerns about internal confidence, causing the stock price to drop.
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On August 25, investors need to weigh Reddit's legal risks against long-term growth opportunities, resulting in unstable market sentiment
On August 26, Reddit addressed the issue of high error rates in comments, but failed to significantly boost its stock price
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So-Young rose 7.53%; Meta rose 0.02%, with a transaction volume of $1.328 billion; Google-A fell 1.04%, with a transaction volume of $1.255 billion; Google-C fell 0.98%, with a transaction volume of $1.003 billion; Reddit fell 0.14%, with a market value of $41.1 billion

U.S. stock market update: So-Young rises 7.53%