U.S. stock market midday update: Pony AI falls 9.53%, why did the deepening strategic cooperation fail to boost the stock price?

U.S. Stock Market Midday Update XPeng fell 9.53%. Based on recent news, On January 12, XPeng announced a comprehensive deepening strategic cooperation with BAIC New Energy, entering the Cooperation 2.0 phase. The two parties will expand the breadth and depth of cooperation based on the successful experience of large-scale production and operation of L4 level Robotaxi, focusing on the mass production, commercialization, and globalization of autonomous driving. This cooperation marks a shift from single project collaboration to a full-system development, driving stock price fluctuations. On January 11, BAIC New Energy released two important achievements at the Smart Mobility Technology Day event, with the launch of large-scale road trial operations for the ARCFOX Alpha S (L3 version), marking further popularization of autonomous driving technology. XPeng, as a partner, benefits from this technological advancement, impacting its stock price. On January 12, the cooperation between BAIC New Energy and XPeng further deepened, with plans to promote the ARCFOX Alpha T5 Robotaxi model and operational system to strategic markets such as the Middle East and Europe, driving the globalization of China's smart mobility solutions and affecting market expectations. Competition in the autonomous driving industry intensifies, with policy support. Top Stocks by Industry Trading Volume Palantir Tech fell 0.55%. Based on recent key news: On January 12, Citigroup upgraded Palantir's rating to "Buy/High Risk," raising the target price to $235, expecting a "super cycle" in commercial and government business by 2026, driving stock price increases. On January 13, Palantir announced it will release its Q4 2025 and full-year financial report on February 2, with the market full of expectations for its performance, impacting stock price fluctuations. On January 13, analysts pointed out that Palantir's valuation is too high, with an unfavorable risk-reward ratio, which may put pressure on the stock price. The AI industry is growing rapidly, with significant capital inflows. Strategy rose 5.41%, with increased trading volume. Based on recent key news: On January 13, Strategy announced the purchase of approximately 13,627 bitcoins, with a total value of about $1.25 billion. This news drove the stock price up, demonstrating the company's strong position in the bitcoin market. Source: Jinse Finance On January 12, MSCI decided to postpone the removal of digital asset companies from the index, reducing the risk of passive fund outflows and boosting Strategy's stock price. Source: Zhito Finance On January 11, founder Michael Saylor released bitcoin-related information on the X platform, and typically after such announcements, the company increases its bitcoin holdings, with market expectations driving the stock price up. Source: Jinse Finance. The bitcoin market is experiencing increased volatility, and policy changes need to be monitored Salesforce fell 6.40%. Based on recent key news: On January 13, Salesforce announced an upgrade to its Slackbot feature, enhancing user experience. This move aims to boost Slack's application in enterprises and drive stock price fluctuations. On January 13, Salesforce's stock price dropped 18%, contrary to the Nasdaq's trend. The company is attempting to reassure investors through its AI strategy, leading to increased stock price volatility. On January 12, analysts rated Salesforce as "Moderate Buy," but it was not included in the recommended list, affecting market confidence. The acceleration of AI applications in the tech industry has led to significant market fluctuations. Stocks ranked among the top in industry market capitalization SAP fell 0.75%, with increased trading volume. Based on recent key news: On January 12, BlackRock increased its voting rights in SAP from 6.56% to 6.62%. This change reflects growing investor confidence in SAP, which may drive stock price fluctuations. On January 12, UBS analysts forecast that SAP will predict a cloud revenue growth of 24% to 26% in its fourth-quarter earnings report. This expectation is higher than the market average, which may have a positive impact on the stock price. On January 12, UBS analysts maintained a Buy rating on SAP, with a target price of €270. The analysts' positive rating may boost investor confidence and influence stock price trends. The outlook for cloud revenue growth in the tech industry is strong