U.S. stock market midday update: Oriental Culture down 12.05%, trading volume surges, sector trend causes market fluctuations?

U.S. Stock Market Midday Update Oriental Culture, down 12.05%, with increased trading volume and no significant news recently. Trading is active, with clear capital flows. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks with High Trading Volume in the Industry Google-A up 1.23%. Based on recent key news: On December 23, Google's parent company Alphabet announced the acquisition of clean energy developer Intersect Power for $4.75 billion to ensure stable power supply for data centers. This move aims to address the growing demand for AI computing power, driving the stock price up. Source: Jin10 Data On December 22, Google successfully regained market dominance in the AI sector with the Gemini 3 Pro model and innovative features, leading to an increase in stock price. Source: Zhitong Finance On December 23, Citigroup raised Alphabet's target price to $350, reflecting market confidence in its future growth. Source: Citigroup Report on Intensifying Competition in the AI Market and Rising Energy Demand Meta up 0.35%, with increased trading volume. Based on recent key news: On December 22, Meta announced a focus on developing AI-generated films, planning to launch a new model in 2026, showing its ambition to surpass Google and OpenAI in tech competition. This move could change the market landscape and drive stock prices up. Source: Zhitong Finance On December 22, Meta board member McCormick suddenly resigned, reflecting the vulnerability of tech giants in the face of changes in the external political environment, which may affect the company's future strategic direction. Source: Wall Street Insight On December 22, analysts pointed out the risk of a bubble in the AI market, suggesting investors focus on resource-rich tech giants to maintain market competitiveness. This view may affect investor confidence in Meta. Source: Jin10 Data on Intensifying Competition in AI Technology and Increased Market Volatility Risks. Google-C up 1.17%. Based on recent key news: On December 23, Alphabet announced the acquisition of Intersect Power for $4.75 billion to ensure stable power supply for data centers, supporting AI business development. This move is seen as an important strategy to address bottlenecks in the U.S. power grid, driving the stock price up. Source: Bloomberg On December 22, Google made breakthroughs in the AI market, with the success of the Gemini 3 Pro model boosting market confidence, leading to an increase in stock price. Source: Zhitong Finance On December 21, Google's diversified business layout, including new product launches in autonomous driving and smart glasses, enhanced market expectations for its future growth. Source: Wall Street Insight on Intensifying Competition in the AI Market and Rising Energy Demand Stocks Ranked Among the Top by Market Capitalization in the Industry Reddit fell 1.25%. Based on recent news, On December 24, Needham included Reddit in its "Confidence Buy" list for 2026; nevertheless, Reddit's stock price still dropped by 1.5%. Analysts pointed out that Reddit's rapidly growing advertising platform and AI-driven advertising tools are its main advantages. Reddit's stock price has risen 40.6% year-to-date, but it still faces pressure in the short term. On December 24, analyst Martin raised the revenue expectations for Reddit for the fourth quarter of 2025, fiscal year 2026, and fiscal year 2027. She expects fourth-quarter revenue in 2025 to grow by 55% year-on-year, reaching $664 million, with fiscal year 2026 revenue at $2.95 billion and fiscal year 2027 revenue approaching $3.8 billion. On December 23, analysts noted that Reddit's data will become the foundation for all generative AI large models, with Google and OpenAI paying over $100 million annually in licensing fees. Analysts believe that if Reddit resolves its lawsuits with AI startups Anthropic and Perplexity, this figure could double. The advertising business is growing rapidly, and the potential for AI applications is significant