U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Google-A rose 0.14%, with increased trading volume. According to recent important news:
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On September 15, Google's parent company Alphabet's market capitalization surpassed $3 trillion, benefiting from a favorable antitrust ruling, with the stock price rising 4.44%. This ruling allows Google to retain its Chrome browser, alleviating market concerns about antitrust pressures.
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On September 16, Citigroup analysts raised Google's target price from $225 to $280 due to strong market performance of its AI product Gemini, driving the stock price up.
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On September 16, Google announced a £5 billion investment in the UK to support AI economic development, further boosting market confidence. Tech stocks performed strongly, and market confidence rebounded.
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Meta rose 0.77%, with increased trading volume. According to recent important news:
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On September 16, Meta announced a multi-phase product roadmap for its AR glasses, planning to launch a monocular full-color AR glasses in the second half of this year and a binocular version in 2026. This news fueled optimistic expectations for its future growth, leading to a rise in stock price.
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On September 15, analysts maintained a &#34;strong buy&#34; rating on Meta and raised the target price to $905. This positive analyst outlook boosted investor confidence, driving the stock price up.
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On September 14, despite the overall weak performance of U.S. stocks, optimism surrounding AI technology drove the rise of tech stocks like Meta, becoming a major force behind the upward movement of the S&amp;P 500 index. Tech stocks were driven by AI, and market sentiment was optimistic.
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Google-C rose 0.20%, with increased trading volume. According to recent important news:
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On September 15, Alphabet's market capitalization surpassed $3 trillion, benefiting from the antitrust ruling and the success of its AI product Gemini, with the stock price rising 4%. This ruling avoided the divestiture of the Chrome browser, enhancing market confidence.
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On September 16, Google launched a new payment solution supporting stablecoin payments in collaboration with Coinbase, facilitating the flow of funds for AI applications and further enhancing market recognition of its innovative capabilities.
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On September 16, Citigroup analysts raised Alphabet's target price to $280 due to accelerated product development and reduced legal challenges, boosting investor confidence. Tech stocks performed strongly, with AI innovation driving growth.
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Stocks with High Market Capitalization in the Industry
Reddit rose 1.36%, with a market capitalization of $50 billion. According to recent key news:
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On September 17, Similarweb data showed that Reddit's active user count and advertising portal visits exceeded expectations, driving revenue growth. Oppenheimer analysts raised the target price to $300, leading to a 0.5% increase in Reddit's stock price
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On September 16, Needham and Jefferies analysts maintained a &#34;Buy&#34; rating on Reddit and raised the target price to $300, reflecting market confidence in its growth potential.
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On September 15, RBC Capital downgraded Reddit to &#34;Sector Perform,&#34; lowering the target price to $210, reflecting concerns from some analysts about its future performance. The social media industry is experiencing strong growth, attracting investor attention
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HWH fell 7.31%; Google-A rose 0.14%, with a transaction volume of USD 5.177 billion; Meta rose 0.77%, with a transaction volume of USD 4.557 billion; Google-C rose 0.20%, with a transaction volume of USD 3.36 billion; Reddit rose 1.36%, with a market value of USD 50 billion

U.S. stock market update: HWH down 7.31%