--- title: "U.S. Stock Market Update: Baosheng Media down 15.86%" type: "News" locale: "en" url: "https://longbridge.com/en/news/260674255.md" description: "Baosheng Media fell 15.86%; Trade Desk fell 4.44%, with a transaction volume of USD 388 million; Comcast fell 1.31%, with a transaction volume of USD 321 million; Charter Communications fell 1.32%, with a transaction volume of USD 180 million; Fox-A fell 1.88%, with a market value of USD 25.8 billion" datetime: "2025-10-10T17:17:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260674255.md) - [en](https://longbridge.com/en/news/260674255.md) - [zh-HK](https://longbridge.com/zh-HK/news/260674255.md) --- # U.S. Stock Market Update: Baosheng Media down 15.86% **U.S. Stock Market Midday Update** Baosheng Media fell 15.86% based on recent key news: 1. On October 8, Baosheng Media analyst Carsten Menke pointed out that gold purchases by central banks in emerging markets may continue for another 3 to 5 years. This forecast is based on the judgment that "the gold allocation target ratio of emerging market central banks is 20%-25%," which is consistent with the global average level of central bank gold allocation. Menke stated that such gold purchases are expected to continue to be a structural driving factor for gold prices, as emerging market central banks aim to reduce their reliance on the U.S. dollar as a reserve currency while minimizing their exposure to U.S. sanctions. Baosheng Media reiterated its long-term positive outlook on gold and raised its three-month gold price target to USD 4,150 per troy ounce and its twelve-month target to USD 4,500 per troy ounce. Increased demand in the gold market and a weakening dollar. **Stocks with High Trading Volume in the Industry** Trade Desk fell 4.44%, with a trading volume of USD 388 million. Based on recent key news: 1. On October 9, Trade Desk's stock rose 1.08% from the previous trading day's closing price, but overall market sentiment remained cautious, leading to stock price fluctuations. 2. On October 10, analysts Kuntarich and Laura Martin gave Trade Desk a buy rating, but Wells Fargo maintained a hold rating, causing stock price fluctuations due to market reactions to differing ratings. 3. On October 8, despite facing competition from Amazon and Google, most Wall Street analysts still believe Trade Desk's stock is undervalued, and this divergence of opinion also affected the stock price. Overall poor performance of tech stocks and cautious market sentiment. Comcast fell 1.31%, with a trading volume of USD 321 million. Based on recent key news: 1. On October 9, Comcast issued USD 480 million in new notes with an interest rate of 5.168%. This move may raise market concerns about the company's debt levels, leading to a decline in stock price. 2. On October 8, Comcast launched its flagship Lift Zone in Philadelphia to promote digital skills and employment training opportunities. This positive company news failed to offset market concerns about its overall financial condition. 3. On October 7, Comcast reached an agreement with Charter Communications' Spectrum News to expand the reach of Spectrum News among Xfinity TV users. Although this collaboration helps enhance market competitiveness, it did not significantly boost the stock price. Industry trends and macro dynamics have a significant impact. Charter Communications fell 1.32%, with increased trading volume. Based on recent important news: 1. On October 10, Charter Communications announced a partnership with Apple to provide live broadcasts of Lakers games through Spectrum for Apple Vision Pro. This collaboration is expected to enhance the company's influence in the sports content sector and drive up stock prices. 2. On October 8, Charter Communications was accused of potentially violating federal securities laws, leading to increased market concerns about the company's legal risks and putting pressure on its stock price. 3. On October 8, Charter Communications' Spectrum News reached an agreement with Comcast to expand the distribution of Spectrum News among Xfinity TV customers, which may have a positive impact on the company's revenue. Industry collaboration coexists with legal risks. **Stocks ranked among the top in industry market capitalization** Fox-A fell 1.88%. According to recent important news: 1. On October 9, Fox Advertising announced a strategic partnership with Moat to focus on innovative, AI-driven measurement and attribution technology. This collaboration may enhance the competitiveness of the company's advertising business; however, market reactions have been mixed, resulting in slight stock fluctuations. 2. On October 1, Bank of America Securities reaffirmed its buy rating on Fox; nevertheless, JP Morgan analysts assigned a hold rating on September 26, indicating a divergence in market outlook on Fox's prospects, leading to stock price volatility. 3. Recently, analysts have increased their focus on the communication services sector, particularly on rating changes for companies like Fox and Disney, which may affect investor sentiment. 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