U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Google-A rose 3.99%, with increased trading volume. According to recent important news:
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On September 15, Google's parent company Alphabet's market capitalization surpassed $3 trillion, with the stock price rising 4.44%. This milestone reflects increased market confidence in Google, especially in light of favorable outcomes in antitrust litigation, leading to a historic high in stock price. Data source: CNBC.
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On September 14, Citigroup analysts raised Google's target price from $225 to $280, citing the increased application rate of its AI model Gemini in advertising and cloud services, which accelerated product development cycles. Data source: Citigroup.
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On September 12, the U.S. Federal Trade Commission launched an investigation into Google, focusing on whether its advertising terms and pricing mechanisms contain misleading practices. This investigation could put pressure on Google's advertising business. Data source: Zhitong Finance. Tech stocks are strong, and market confidence is increasing.
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Google-C rose 3.92%, with a trading volume of $2.631 billion. According to recent important news:
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On September 15, Google's parent company Alphabet's market capitalization surpassed $3 trillion, with the stock price rising 4.3%. This increase was primarily due to favorable rulings in antitrust lawsuits, avoiding severe penalties that would have stripped the Chrome browser.
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On September 15, Citigroup analysts raised Google's target price to $280 due to the increased application rate of its AI model Gemini in advertising and cloud services, driving the stock price up.
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On September 14, Google Gemini surpassed ChatGPT in downloads on the U.S. App Store, becoming the number one in the free category, indicating strong market demand for its AI products. AI is driving tech stocks, and market differentiation is evident.
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Meta rose 0.13%, with a trading volume of $1.822 billion. According to recent key news:
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On September 14, the U.S. stock market remained weak despite AI-driven momentum, with Trump's influence on policies and increased market volatility. Wall Street's optimism about artificial intelligence continues to rise, especially for tech stocks like Meta, which have become a major force driving the S&amp;P 500 index upward.
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On September 15, Meta announced a quarterly cash dividend of $0.525 per share, demonstrating the company's confidence in future cash flows, attracting investor attention.
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On September 13, Meta founder and CEO Mark Zuckerberg announced that the company plans to invest at least $600 billion in the U.S. by 2028, a bold statement that has increased market confidence in Meta's future development. Tech stocks are showing resilience in an uncertain environment.
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Stocks with High Market Capitalization in the Industry
Reddit rose 1.56%, with a market capitalization of $48.3 billion. According to recent key news:
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On September 15, NEEDHAM raised the target price for Reddit from $215 to $300, driving the stock price up. Data source: NEEDHAM.
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On September 12, Jefferies analysts expressed optimism about Reddit's potential revenue growth, expecting revenue to exceed the current consensus estimate by 35% in 2027. Data source: Jefferies.
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On September 12, Reddit's second-quarter financial report showed a 78% year-on-year increase in revenue, with a net profit of $89 million, exceeding analysts' expectations and boosting market confidence. Data source: Company financial report. The social media industry has significant growth potential
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Fangdd Network fell 8.14%; Google-A rose 3.99%, with a transaction volume of USD 4.994 billion; Google-C rose 3.92%, with a transaction volume of USD 2.631 billion; Meta rose 0.13%, with a transaction volume of USD 1.822 billion; Reddit rose 1.56%, with a market value of USD 48.3 billion

U.S. stock market update: Fangdd Network down 8.14%