U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Netflix rose 0.35%, with increased trading volume. Based on recent key news:
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On September 6, Sony supported Netflix's film strategy, praising the record viewership and $19 million box office performance of &#34;KPop Demon Hunters,&#34; which drove Netflix's stock price up nearly 40%. Analysts praised its strong user retention rate, advertising growth, and bold investments in film, sports, and retail experiences.
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On September 5, although Netflix currently holds a &#34;Moderate Buy&#34; rating among analysts, top analysts believe there are five stocks more worthy of purchase, with Netflix not included.
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On September 4, Netflix's market capitalization was $534 billion, and analysts believe it is reasonable for its market cap to double to $1 trillion within the next decade, despite its high valuation. The virtual human market has significant growth potential.
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Disney fell 0.44%, with a trading volume of $96.94 million. Based on recent key news:
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On September 8, Hong Kong Disneyland suspended operations due to the No. 8 typhoon signal, leading to a decrease in visitor traffic and impacting revenue.
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On September 8, Disney reached a streaming partnership agreement with Spanish media group Atresmedia, expanding its content coverage in Europe, but the market reaction was tepid.
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On September 7, analysts noted that Disney's performance lagged behind five other stocks, leading to a decline in investor confidence. The overall performance of the entertainment industry remained stable, with no significant changes in macroeconomic data.
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Spotify rose 0.58%, with a trading volume of $93.44 million. Based on recent key news:
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<li>On September 6, Spotify's Global Competition Policy Director Avery Gardiner stated that Apple continues to propose new fees despite being told to cease its illegal activities. This increased pressure on Apple ahead of its new iPhone launch next week, while Apple continues to take risks in its app economy war. This news sparked market interest in Spotify, driving its stock price up</li>
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SOGP

Sound fell 20.42%; Netflix rose 0.35%, with a trading volume of USD 515 million; Disney fell 0.44%, with a trading volume of USD 96.94 million; Spotify rose 0.58%, with a trading volume of USD 93.44 million; TKO rose 1.45%, with a market value of USD 39 billion

U.S. stock market update: Sound down 20.42%