--- title: "U.S. stock intraday update: After rising over 250%, it fell 9.2%; quantum software's positive news struggles to support high valuation" type: "News" locale: "en" url: "https://longbridge.com/en/news/290872981.md" description: "Horizon Quantum fell 9.20%; Microsoft fell 3.42%, with a trading volume of USD 17.8 billion; Oracle fell 2.98%, with a trading volume of USD 4.278 billion; Nebius fell 1.13%, with a trading volume of USD 2.74 billion; PatSnap rose 2.96%, with a market capitalization of USD 176.4 billion" datetime: "2026-06-25T19:48:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290872981.md) - [en](https://longbridge.com/en/news/290872981.md) - [zh-HK](https://longbridge.com/zh-HK/news/290872981.md) generator: "portal-rs" --- # U.S. stock intraday update: After rising over 250%, it fell 9.2%; quantum software's positive news struggles to support high valuation **U.S. Stock Market Midday Update** Horizon Quantum fell 9.20%. Based on recent key news: 1. On June 23, Horizon Quantum announced the deployment of IonQ's 256-qubit system at its European headquarters, which drove the stock price up. However, as market attention on quantum software waned, the stock price corrected, resulting in a decline of 9.20%. 2. Recently, Horizon Quantum's stock price surged over 250% in the past 10 days, becoming a hot stock in the quantum field, but with changing market sentiment, the stock price volatility increased. 3. Investors showed interest in Horizon Quantum's quantum software positioning, but concerns about its long-term growth potential led to stock price fluctuations. The quantum industry has experienced significant volatility recently, necessitating attention to risks. **Stocks with High Trading Volume in the Industry** Microsoft fell 3.42%, with increased trading volume. Based on recent key news: 1. On June 26, Microsoft's stock price dropped to a 52-week low, with the RSI indicator showing heavy selling pressure, making the technical outlook unfavorable for bulls. The stock price fell 3.90%, trading at $351.22. Source: Benzinga 2. On June 25, Stifel lowered Microsoft's target price to $400 due to margin pressure from the expansion of its Azure business. Analysts expect a decline of 450 basis points in gross margin for the fiscal year 2027. Source: Investing.com 3. On June 24, Microsoft and Meta committed to spending tens of billions of dollars on data center leases, increasing investments in the AI sector, which heightened market concerns about the outlook for AI spending. Source: Bloomberg AI sector investment increases, market concerns intensify. Oracle fell 2.98%, with increased trading volume. Based on recent key news: 1. On June 23, Oracle released its annual report, showing a reduction of 21,000 employees, with layoffs reaching 13%, primarily due to job reductions from AI technology applications. Restructuring costs reached $1.8 billion, increasing financial pressure. Source: DoNews 2. On June 23, Oracle announced a $20 billion stock issuance plan, intending to raise funds through debt and equity financing to support AI and cloud infrastructure development. Source: Golden Finance 3. On June 23, Oracle's stock price fell due to increasing market concerns over its large-scale layoffs and financial pressures. The company's stock price has cumulatively dropped about 10% this year. Source: Dongfang Finance Technology industry AI transformation accelerates, layoffs continue. Nebius fell 1.13%, with increased trading volume. Based on recent key news: 1. On June 22, Nebius experienced profit-taking after joining the Nasdaq 100 index, with the stock price dropping 1.1%. This event led investors to take profits after a strong rally, affecting stock performance 2. On June 23, NVIDIA's latest AI technology advancements may have a significant impact on Nebius stock. The company is expected to benefit from this breakthrough, with potential explosive growth attracting market attention. 3. On June 25, Nebius launched its self-developed AI agent Nebius Echo, which rose over 4% in pre-market trading. This agent supports managing cloud infrastructure through natural language and is natively integrated into the web console, enhancing user experience and operational efficiency. The demand in the AI industry is strong, with significant market volatility. **Stocks Ranked Among the Top by Market Capitalization in the Industry** Palo Alto Networks rose 2.96%. Based on recent key news: 1. On June 24, Palo Alto Networks released new financial reports showing strong cash flow and balance sheet performance, raising guidance for the fiscal year 2026, which drove the stock price up. 2. On June 23, Palo Alto Networks' CFO Dipak Golechha sold 5,000 shares of common stock, with transaction prices between $284.8 and $291.84. Nevertheless, the market remains optimistic about its long-term growth potential. 3. On June 22, Palo Alto Networks board member Aparna Bawa sold 345 shares of common stock. Despite insider selling, analysts still hold a positive outlook on its future performance. The overall industry is performing strongly, with AI demand driving growth ### Related Stocks - [HQ.US](https://longbridge.com/en/quote/HQ.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md) - [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md) - [PANW.US](https://longbridge.com/en/quote/PANW.US.md) ## Related News & Research - [Horizon Quantum Holdings (HQ) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/294856522.md) - [Peak XV Partners Seed Investment Discloses Investment at Horizon Quantum Holdings with 20.3% Stake](https://longbridge.com/en/news/292244980.md) - [Live results: Republicans jockey to take on Healey for Massachusetts governor's mansion](https://longbridge.com/en/news/297699436.md) - [Horizon Quantum Announces Participation in Upcoming Investor Conferences | HQ Stock News](https://longbridge.com/en/news/285935489.md) - [Horizon Quantum Computing Pte. 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