U.S. Stock Market Midday Update
Volcon, down 7.76%, with increased trading volume. Based on recent key news:
<ol>
<li>
On July 28, Volcon announced the purchase of an additional 316.8 bitcoins, bringing its total holdings to 3,500.18 bitcoins, with a cumulative investment of approximately $412 million and an average purchase cost of $117,683 per bitcoin. This news led to significant stock price fluctuations.
</li>
<li>
On July 28, Volcon announced it would change its name to Empery Digital Inc., raising market concerns about the company's strategic transformation, which caused the stock price to decline.
</li>
<li>
On July 30, Volcon submitted a preliminary beneficial ownership statement listing Timothy J. Silver as the company's Chief Operating Officer. This news failed to boost market confidence, and the stock price continued to fall.
</li>
</ol>
Top Stocks by Industry Trading Volume
Harley-Davidson, up 18.45%, with increased trading volume. Based on recent important news:
<ol>
<li>
On July 30, Harley-Davidson announced the sale of part of its financial division's assets to KKR and PIMCO, expecting to receive $1.25 billion in cash for debt reduction and stock buybacks, which caused the stock price to rise by 13.5%.
</li>
<li>
On July 30, despite second-quarter profits falling short of expectations, Harley-Davidson's sales exceeded Wall Street forecasts, driving the stock price up.
</li>
<li>
On July 29, news of negotiations between Harley-Davidson and PIMCO and KKR regarding the deal emerged, with the stock price rising 1.9% in after-hours trading.
</li>
</ol>
Livewire, up 14.69%, with increased trading volume. Based on recent important news:
<ol>
<li>
On July 30, LiveWire released its second-quarter financial report, showing a 9% decline in net income but a 35% reduction in operating losses due to cost-cutting measures, driving the stock price up 14.69%.
</li>
<li>
On July 30, STACYC, a subsidiary, reported a 25% increase in revenue despite supply chain challenges, indicating strong market demand and further boosting the stock price.
</li>
<li>
On July 30, the company updated its operating loss guidance to $59-69 million, reflecting progress in negotiations regarding the joint development agreement with Harley-Davidson, enhancing investor confidence.
</li>
</ol>
Niu Technologies, up 2.68%, with increased trading volume. Based on recent important news:
<ol>
<li>
On June 6, Niu Technologies intensified its efforts in lower-tier markets and improved channel construction, driving a 57.4% increase in overall vehicle sales, leading to a rise in stock price.
</li>
<li>
On May 19, Niu Technologies released its financial report, showing a 35.1% year-on-year revenue growth and a narrowing net loss, boosting market confidence.
</li>
<li>
On May 20, significant cost control measures were implemented, with per-unit production costs decreasing by 12.5%, improving profitability and resulting in good stock performance.
</li>
</ol>
Top Stocks by Industry Market Capitalization
Gogoro fell 0.45%, with increased trading volume. According to recent important news:
<ol>
<li>
On July 28, Gogoro announced that it will release its Q2 2025 financial report on August 12, and the market has unclear expectations for performance, leading to a 0.45% drop in stock price.
</li>
<li>
On July 29, the FDA suspended shipments of a certain drug, raising market concerns about the related industry, indirectly affecting Gogoro's stock price.
</li>
<li>
On July 30, fluctuations in real estate market data led to unstable investor sentiment, impacting the overall market atmosphere
</li>
</ol>

VLCN

EMPD

Volcon fell 7.76%; Harley-Davidson rose 18.45%, with a transaction volume of USD 242 million; Livewire rose 14.69%, with a transaction volume of USD 742,700; Niu Technologies rose 2.68%, with a transaction volume of USD 579,400; Gogoro fell 0.45%, with a market value of USD 119 million

U.S. stock market update: Volcon down 7.76%