U.S. Stock Market Midday Update

So-Young fell 7.07%, with increased trading volume. Based on recent important news:

1. On July 17, So-Young's traditional pillar business continued to decline, and the uncertainty of franchisee investment returns increased, leading to a 7.07% drop in stock price.

2. On July 22, MarketBeat did not include So-Young in its recommended buy list, despite a buy rating, which dampened market confidence.

3. On July 22, the easing of U.S.-China relations failed to boost So-Young's stock price, with the industry overall remaining sluggish.

Stocks with High Trading Volume in the Industry

Google-A rose 0.64%, with a trading volume of $5.704 billion. Based on recent key news:

1. On July 22, YouTube CEO Neal Mohan revealed that YouTube Shorts no longer has a dilutive effect on monetization, expecting a 10% year-on-year revenue growth in the second quarter, driving the stock price up.

2. On July 22, Alphabet announced a $25 billion investment in U.S. AI and data center infrastructure, enhancing market confidence.

3. On July 21, analysts expected strong second-quarter performance from Alphabet, with anticipated revenue and earnings per share both exceeding market expectations, boosting the stock price.

Meta fell 0.99%, with increased trading volume. Based on recent key news:

1. On July 21, Meta spent $14.3 billion to acquire a 49% stake in Scale AI and poached top talent from OpenAI and Apple, raising market concerns about its cost pressures, leading to a drop in stock price.

2. On July 22, a Deutsche Bank report indicated that Meta's advertising revenue rebounded, but aggressive expansion in the AI sector brought significant cost pressures, shifting market sentiment towards expenses, putting pressure on the stock price.

3. On July 22, Bernstein raised Meta's target price to $775 and maintained an "outperform" rating, but failed to alleviate market concerns about rising costs, leading to continued stock price decline.

Google-C rose 0.57%, with increased trading volume. Based on recent important news:

1. On July 21, Google invested billions of dollars in AI research and infrastructure, with analysts expecting solid second-quarter performance, driving the stock price up by 0.57%.

2. On July 22, Google announced a $25 billion investment in U.S. AI and data center infrastructure, enhancing market confidence.

3. On July 23, Google received an upgrade in relative strength rating, with improved technical performance, leading to a rise in stock price.

Stocks with High Market Capitalization in the Industry

Baidu rose 4.29%, with a market capitalization of $31.8 billion and increased trading volume. Based on recent key news:

1. On July 22, the National Press and Publication Administration announced the approval information for domestic online games in July, with several games from Baidu's affiliated companies approved, boosting market confidence and driving the stock price up

2. On July 22, Baidu launched the AIGC film generation model Steam Engine, with user numbers exceeding 300,000. The technological innovation has attracted market attention, leading to a rise in stock prices.

3. On July 21, Soochow Securities Co., Ltd. research report pointed out that Baidu's core advertising business may be under pressure due to the impact of AI search transformation, but the Robotaxi business and intelligent cloud business are growing rapidly, maintaining a "Buy" rating, with positive market response