U.S. stock market intraday update: TeraWulf up 9.09%, signing a 20-year lease and selling equity are both positive news

U.S. Stock Market Midday Update

Terawulf rose 9.09%. Based on recent key news:

1. On July 6, TeraWulf signed a 20-year data center lease agreement with Anthropic, expected to generate approximately $19 billion in revenue. This news drove the stock price up over 20%. Source: Zhitong Finance

2. On July 6, TeraWulf announced the sale of its 50.1% stake in the Fluidstack joint venture, expected to cash out approximately $450 million. This move released capital for AI infrastructure projects, further boosting the stock price. Source: Jinshi Data

3. On July 7, analysts generally viewed TeraWulf's transformation strategy positively, believing that the partnership with Anthropic validated the company's ability to attract top clients and enhanced market confidence. Source: Bloomberg AI infrastructure demand is strong, and market confidence is increasing.

Stocks with High Trading Volume in the Industry

Palantir Tech fell 3.24%. Based on recent key news:

1. On July 8, Palantir's stock price dropped 25% in June, marking its worst performance since February 2021. The market expressed doubts about the sustainability of its long-term valuation, leading to further declines in stock price.

2. On July 7, Palantir expanded its cooperation with Mexico's largest insurance company GNP Seguros to use its AI platform to detect potential claims fraud and improve underwriting decisions. Despite the expansion of cooperation, the market remains skeptical about its ability to generate significant short-term returns.

3. On July 6, there was a significant divergence in market valuation for Palantir, with analysts believing its stock price is undervalued by 13.3% compared to fair value. Investors expressed concerns about its reliance on large government projects and political risks, affecting market confidence. Competition in the AI industry is intensifying, and volatility risks are high.

AppLovin fell 0.90%. Based on recent key news:

1. On July 8, Wells Fargo raised AppLovin's target price from $571 to $575, maintaining an "overweight" rating. This move indicates analysts' optimistic outlook on the company's future performance but failed to significantly boost the stock price.

2. On July 7, SEC filings showed that AppLovin's CEO Arash Adam Foroughi, CAO Victoria Valenzuela, and director Eduardo Vivas recently sold tens of millions of dollars in stock, indicating that executives took profits during the recent high valuations, leading to a negative shift in market sentiment.

3. On July 7, market pressure on AppLovin's technology intensified, and despite strong stock performance, it has not reached previous peak levels, with investors remaining cautious about future trends. Market sentiment has turned negative, and technical pressure has increased Strategy fell by 3.16%. Based on recent key news:

4. On July 6, Strategy announced the sale of part of its Bitcoin holdings, cashing out approximately $740 million. This move attracted widespread market attention, causing the stock price to drop by about 4%. Source: Dolphin Research

5. On July 6, the company disclosed a second-quarter digital asset loss of $8.32 billion and sold approximately 3,588 Bitcoins, cashing out about $216 million. The stock price fell 4.34% during trading. Source: Wall Street Watch

6. On July 7, analysts pointed out that the Bitcoin sale was mainly used to pay preferred stock dividends and replenish dollar reserves. The market reacted calmly, but sentiment in the derivatives market turned bearish. Source: Jinshi Data Bitcoin market sentiment is diverging, with the spot market stable and the derivatives market weakening.

Stocks ranked among the top in industry market capitalization

SAP fell by 3.04%, with increased trading volume. Based on recent key news:

1. On July 7, SAP S/4HANA Group Reporting was listed as a core vendor, emphasizing its importance in simplifying solutions. This move may affect market confidence in SAP products, leading to a decline in stock price.

2. On July 8, SNP announced a strategic alliance with Palantir, which could pose a challenge to SAP's competitiveness in the enterprise data management field, affecting investor sentiment.

3. On July 8, Kyano set industry standards to promote enterprise data modernization, which may put pressure on SAP's market position. The competition in the technology industry is intensifying, requiring attention to market dynamics