U.S. stock market intraday update: Applied Digital up 7.36%

U.S. Stock Market Midday Update Applied Digital rose 7.36%. According to recent key news: On September 11, Applied Digital released a new newsletter generated by AI, highlighting the company's innovations in technology, which drove the stock price up. Data source: PR Newswire. On September 10, analysts at MarketBeat stated that while Applied Digital has a buy rating, it was not included in their recommended top five stocks list, which may affect market confidence in it. Data source: MarketBeat. On September 10, increased attention to other tech stocks may have led to capital flowing into other stocks, impacting Applied Digital's market performance. Data source: MarketBeat. Innovations in the tech industry drive stock price volatility. Stocks with High Trading Volume in the Industry Coreweave fell 3.38%. According to recent key news: On September 12, CoreWeave's Chief Development Officer Brannin McBee sold company common stock, raising concerns about internal confidence in the company, leading to a drop in stock price. According to SEC filings, McBee sold 625,000 shares, with a transaction amount exceeding $62 million. On September 11, Magnetar Financial LLC reported selling CoreWeave common stock, further exacerbating the market's selling pressure on the company's shares. On September 9, CoreWeave announced the establishment of CoreWeave Ventures, focusing on investing in AI startups. Although this move boosted the stock price in the short term, it failed to offset the subsequent selling pressure. Competition in the AI industry intensifies, and market volatility risks are high. Shopify fell 1.51%, with increased trading volume. According to recent key news: On September 11, Shopify's Chief Operating Officer Kasra Nejatian announced he would leave on September 12, raising market concerns about the stability of the company's management, leading to a drop in stock price. Source: Reuters. On September 11, ARK Funds sold 19,632 shares of Shopify stock, valued at $2.8 million, which was seen as a risk management move in response to market trends, further exacerbating stock price volatility. Source: TipRanks. On September 10, concerns about U.S. tariff policies increased, which may affect Shopify's cross-border business growth expectations, leading to cautious investor sentiment. Source: MarketBeat. The e-commerce industry faces tariff policy risks Snowflake fell 1.08%, with increased trading volume. Based on recent important news: On September 9, Snowflake board member Michael L. Speiser sold company common stock, leading to market doubts about internal confidence, putting pressure on the stock price. Data source: EDGAR system. On September 9, Cisco announced the integration of Splunk's federated search with Snowflake, aimed at enhancing data analytics capabilities. Although this move is expected to be beneficial in the long term, it failed to boost the stock price in the short term. Data source: SPLUNK.CONF. On September 10, analysts rated Snowflake as "moderate buy," but it was not included in the recommended list, and the market remains cautious about its future performance. Data source: MarketBeat. The cloud technology industry faces integration challenges. Stocks ranked at the top of the industry by market capitalization CloudFlare fell 0.73%, with a market capitalization of $77.7 billion and increased trading volume. Based on recent key news: On September 10, MarketBeat pointed out that although Cloudflare currently has a moderate buy rating among analysts, top analysts believe there are five stocks that are more worthy of investment. This news led to a decline in investor confidence and a drop in stock price. On September 10, analysts believe Cloudflare struggles to justify its valuation premium, especially as profit margin progress slows, leading to overly optimistic market sentiment and downward pressure on the stock price. On September 9, Terret announced a partnership with Cloudflare to enhance productivity through a virtual revenue team, but it failed to significantly boost the stock price. Market sentiment is overly optimistic, making it difficult to maintain the valuation premium