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U.S. stock market intraday update: Gorilla Tech down 13.94%

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Gorilla Tech fell 13.94%; Palantir Tech rose 4.77%, with a transaction volume of 4.029 billion USD; Circle rose 3.28%, with a transaction volume of 2.578 billion USD; AppLovin rose 6.30%, with a transaction volume of 988 million USD; SAP rose 0.54%, with a market capitalization of 353.2 billion USD

U.S. Stock Market Midday Update

Gorilla Tech fell 13.94%, with increased trading volume. Based on recent key news:

  1. On June 30, a press release from Gorilla Technology Group Inc. raised market concerns, leading to a significant drop in stock price.

  2. On June 30, doubts about Gorilla's forward-looking statements further pressured the stock price.

  3. On June 27, unusual stock price movements of Shenzhen Holdings attracted market attention, potentially impacting related tech stocks.

Top Stocks by Industry Trading Volume

Palantir rose 4.77%, with increased trading volume. Based on recent important news:

  1. On June 27, Jim Cramer predicted a 36% upside for Palantir's stock price on CNBC, boosting investor interest and driving the stock price up.

  2. On June 28, Palantir partnered with Accenture to enhance AI solutions, continuing to push the stock price higher.

  3. On June 29, analysts expressed optimism about the success of Palantir's AI platform, maintaining a strong stock price.

Circle rose 3.28%, with increased trading volume. 1. On June 28, Circle's USDC circulation increased by 400 million, leading to optimistic market sentiment about its growth potential, resulting in a 3.28% stock price increase.

  1. On June 30, JP Morgan assigned a "reduce" rating to Circle with a target price of $80, causing stock price fluctuations.

  2. On June 27, Circle successfully went public, igniting a new wave of IPO enthusiasm, which drove the stock price up.

AppLovin rose 6.30%, with increased trading volume. Based on recent key news:

  1. On June 26, Piper Sandler analysts raised AppLovin's target price to $470, maintaining an "overweight" rating, which propelled the stock price up.

  2. On June 27, market expectations for strong future growth for AppLovin led to target price forecasts significantly above the current stock price.

  3. On June 29, analyst Marc Chaikin's rating system indicated potential upside for AppLovin.

Top Stocks by Industry Market Capitalization

SAP rose 0.54%, with increased trading volume. Based on recent important news:

  1. On June 30, SAP Fioneer launched an AI Agent to enhance financial service efficiency, resulting in a stock price increase.

  2. On June 27, a data access dispute between SAP and Celonis affected market confidence.

  3. On June 30, tech stocks received attention, driving SAP's stock price up

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