U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Google-A rose 0.46%, with increased trading volume. Based on recent key news:
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On September 3, Google avoided a breakup in the antitrust case, and its stock price rose by 6.7%. JP Morgan raised the target price to $260, expecting a 23% upside.
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On September 4, Google's stock price increased by 9.14% due to a court ruling, adding approximately $210 billion to its market capitalization.
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On September 5, Google maintained its search leadership due to the expansion of AI search features and the Gemini application. Market sentiment improved, and technical indicators became overbought.
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Meta rose 0.34%, with increased trading volume. Based on recent important news:
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On September 4, Meta's stock price rose by 1.6% due to a court ruling and positive AI prospects. The court ruling eased regulatory pressure on large tech companies, and the potential in the AI field gained high market recognition, boosting investor confidence.
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On September 4, Meta planned to update its full-year performance guidance to reflect trading impacts, rising 1.4% in pre-market trading. This move indicates the company's optimistic outlook for future performance, further boosting market confidence.
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On September 3, Meta planned to launch a new type of smart glasses priced below market expectations, with its stock price rising by 1.8%. The launch of new products signifies the company's innovative capabilities in the consumer electronics sector. Tech stocks were boosted by AI prospects, and market confidence rebounded.
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Google-C rose 0.40%, with a trading volume of $3.921 billion. Based on recent important news:
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On September 3, a U.S. court ruled that Google does not need to divest its Chrome browser, leading to a post-market surge of 7.8%. This ruling alleviated investor concerns about Google's core business segment, driving the stock price up. Data source: Reuters.
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On September 4, Google's stock price rose by 9.14%, adding $234 billion to its market capitalization. The overall outcome of the antitrust case was favorable for Google, enhancing investor confidence. Data source: Zhitong Finance.
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On September 4, Google Class C shares reached an all-time high, with the stock price recovering to 2014 levels. This stock performance reflects the market's optimistic expectations for Google's long-term growth potential. Data source: Zhitong Finance. Tech stocks are strong, with attention on the Federal Reserve's interest rate cut expectations.
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Stocks with High Market Capitalization in the Industry
Reddit rose 2.15%, with a market capitalization of $44.4 billion. Based on recent important news:
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On September 4, Reddit released a strong Q2 financial report, with earnings and revenue exceeding expectations, and provided an optimistic future outlook, driving the stock price up. Data source: PUBT.
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On September 3, CEO Steve Ladd Huffman sold common stock in the company, which may raise market concerns about internal confidence. Data source: EDGAR
On September 2nd, CFO Andrew Vollero sold 30,000 shares of common stock for a total amount of $6,542,556, which may exert short-term pressure on the stock price. Data source: EDGAR. Technology stocks performed strongly overall, and market sentiment is optimistic
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HWH fell 9.08%; Google-A rose 0.46%, with a transaction volume of USD 7.142 billion; Meta rose 0.34%, with a transaction volume of USD 5.015 billion; Google-C rose 0.40%, with a transaction volume of USD 3.921 billion; Reddit rose 2.15%, with a market value of USD 44.4 billion

U.S. stock market update: HWH down 9.08%