U.S. stock night trading volatility: SAP rose 3.14% in after-hours trading, analysts maintain a buy rating, Sapphire event's new strategy sparks market enthusiasm

U.S. Stock Night Market Movements SAP rose 3.14% in the night market. Based on recent key news: On May 16, Wells Fargo analyst Michael Turrin maintained a buy rating on SAP with a target price of €250. This move boosted market confidence in SAP, driving the stock price up. According to TipRanks, Turrin's recommended stocks have an average return of -4.6% and a success rate of 41.85%. On May 19, SAP showcased its new business operating model at the Sapphire 2026 event, emphasizing the combination of sustainability and automation. This strategic direction attracted investor attention, further supporting the stock price increase. The tech industry has performed strongly recently, with significant capital inflows. Stocks with High Trading Volume in the Industry Palantir Tech fell 0.10% in the night market. Based on recent key news: On May 16, Trump publicly supported Palantir, demonstrating his confidence in tech stocks and boosting market sentiment. Trump supported Palantir on social media and revealed multiple transactions during the first quarter, showing his confidence in tech stocks, especially amid market volatility. On May 18, Palantir projected a 71% revenue growth in 2026, but setbacks in Germany limited its European expansion. Palantir expects a 71% revenue growth in 2026, but Germany chose French company ChapsVision's ArgonOS, reflecting data sovereignty issues that restrict its European expansion. On May 16, Palantir challenged the traditional defense contracting system, becoming a beneficiary of the White House's second term. Palantir actively aligned with the Trump administration, challenging the traditional defense contracting system dominated by Lockheed Martin and Northrop Grumman, becoming an important beneficiary of the White House's second term. The volatility of tech stocks has intensified, with geopolitical risks affecting the market. Circle rose 0.24% in the night market. Based on recent key news: On May 18, Ondo Finance announced that its total locked value (TVL) of tokenized stocks surpassed $1.5 billion, with active trading of Circle's tokenized assets driving the stock price up. Source: Jinse Finance On May 18, U.S. policymakers advanced the Clarity Act, and Bernstein analysts believe this act will help Circle consolidate its market advantage and further enhance market confidence. Source: Jinse Finance On May 18, the SEC is expected to release an "innovation exemption" policy for tokenized stocks, allowing the trading of tokens not supported by the underlying listed companies, increasing market liquidity. Source: Jinse Finance. Demand for stablecoins is increasing, and policies are favorable IREN fell 1.15% in after-hours trading. Based on recent key news: On May 16, IREN successfully completed a $3 billion convertible bond issuance to accelerate the development of AI cloud infrastructure. This move indicates the company's strategic transformation and drives stock price volatility. Source: Zhitong Finance On May 18, IREN announced the acquisition of the creative and media agency Awaken, aiming to strengthen brand and market strategies to support global expansion. This move may affect market expectations for the company's future growth. Source: Wall Street Insight On May 18, former OpenAI researcher Leopold Aschenbrenner increased investments in IREN and other Bitcoin mining companies, reflecting market confidence in the growing demand for AI computing. Source: Jinshi Data Interest rate hike expectations impact technology stocks performance, capital flows into the AI sector