--- title: "U.S. stock market midday update: Oriental Culture rises over 9%! What risks are hidden behind the surge in trading volume and heightened market sentiment?" type: "News" locale: "en" url: "https://longbridge.com/en/news/276781622.md" description: "Oriental Culture rose 9.61%; Google-A fell 0.13%, with a transaction volume of USD 5.356 billion; Meta rose 0.16%, with a transaction volume of USD 4.154 billion; Google-C fell 0.18%, with a transaction volume of USD 3.085 billion; Baidu fell 0.90%, with a market value of USD 45.6 billion" datetime: "2026-02-24T20:17:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276781622.md) - [en](https://longbridge.com/en/news/276781622.md) - [zh-HK](https://longbridge.com/zh-HK/news/276781622.md) --- # U.S. stock market midday update: Oriental Culture rises over 9%! What risks are hidden behind the surge in trading volume and heightened market sentiment? **U.S. Stock Market Midday Update** Oriental Culture, up 9.61%, with increased trading volume and no significant news recently. Trading is active, with clear capital flow. 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 down 0.13%, with increased trading volume. Based on recent key news: 1. On February 23, Google announced the construction of a new data center in Texas to expand its business scale. This move demonstrates Google's continued investment in the AI field, driving up the stock price. 2. On February 23, Google signed a power supply agreement with AES to support its data center operations. This agreement will provide Google with a stable energy supply, alleviate grid pressure, and enhance market confidence. 3. On February 23, the AI industry faced a memory supply crisis, affecting Google's AI model deployment. The memory shortage may lead to rising costs, impacting stock performance. Competition in the AI industry is intensifying, with significant capital flow. Meta up 0.16%, with increased trading volume. Based on recent news: 1. On February 24, Meta signed a $60 billion AI chip supply agreement with AMD, driving up Meta's stock price. This agreement shows Meta's continued investment in the AI field, enhancing market confidence in its future growth. 2. On February 24, Meta expects first-quarter revenue to grow by about 30% and plans capital expenditures of $115 billion to $135 billion by 2026, mainly for artificial intelligence. This expectation has boosted investor optimism about Meta's future performance. 3. On February 24, market news indicated that Meta plans to enter the stablecoin sector later this year, further expanding its business scope and increasing market expectations for its innovation capabilities. Recent performance among tech stocks has been mixed, with continued enthusiasm for AI investments. Google-C down 0.18%. Based on recent key news: 1. On February 23, Google announced the construction of a new data center in Texas to expand its business scale. This move demonstrates Google's continued investment in the AI field, driving stock price volatility. Source: Benzinga 2. On February 23, analysts pointed out that Google's stock price is undervalued; if OpenAI's valuation is $830 billion, Google's stock price should theoretically double. The market is full of expectations for Google's AI transformation potential. Source: MarketWatch 3. On February 23, global demand for AI surged, and Google's investments in AI infrastructure have attracted market attention, driving stock price volatility. Source: CNBC. Valuation discrepancies among tech stocks, with strong AI demand. **Stocks with High Market Capitalization in the Industry** Baidu down 0.90%, with increased trading volume. Based on recent key news: 1. On February 23, Baidu's autonomous driving platform, Apollo Go, was approved to expand testing routes in Hong Kong, marking further development in autonomous driving technology. This move is seen as a milestone for smart transportation construction and may enhance market confidence in Baidu's technological capabilities 2. On February 24th, UBS released a report indicating that Chinese internet companies are driving traffic to AI products through red envelope activities during the Spring Festival, with Baidu's Wenxin Yiyan participating, which may accelerate the penetration rate of AI in lower-tier cities and enhance market expectations for Baidu's AI capabilities. 3. On February 23rd, Zhiyuan, in which Baidu participated in the investment, completed its Series B financing, exceeding 1 billion yuan, demonstrating Baidu's strategic layout in the intelligent robotics field, which may enhance investors' confidence in its future growth potential. The application of AI technology is accelerating, and industry competition is intensifying ### Related Stocks - [OCG.US](https://longbridge.com/en/quote/OCG.US.md) ## Related News & Research - [How High Can Meta's Stock Price Rise?](https://longbridge.com/en/news/287101660.md) - [Google gives first glimpse of new AI glasses ahead of fall launch](https://longbridge.com/en/news/286960810.md) - [Meta Offers WhatsApp Access to AI Rivals in Europe, but There's a Catch](https://longbridge.com/en/news/286959569.md) - [Meta's 8,000 Job Cuts To Foot The $145B AI Bill](https://longbridge.com/en/news/286819463.md) - [Google takes a page out of Meta’s book, announces new audio-powered smart glasses](https://longbridge.com/en/news/286956744.md)