U.S. stock market update: Platinum Analytics Cayman - CL rose by 53.30%

U.S. Stock Market Midday Update Stocks with High Trading Volume in the Industry Palantir Tech fell 0.80%, with a trading volume of $1.552 billion. According to recent key news: On September 19, Salesforce CEO Marc Benioff criticized Palantir's high valuation and price at Goldman Sachs' Communacopia+Technology conference, calling it the most expensive enterprise software he has ever seen. This raised market concerns about Palantir's overvaluation, leading to a decline in its stock price. On September 19, Palantir's stock rose after news that the UK Ministry of Defence planned to increase procurement of its data analytics software, but the increase was limited due to market concerns about its high valuation and competition. On September 19, Palantir's short interest as a percentage of float decreased by 8.8%, indicating increased market confidence in its future performance, but it failed to fully offset the impact of other negative factors. Concerns about high valuation and intensified competition persist. AppLovin rose 0.79%, with increased trading volume. According to recent key news: On September 22, AppLovin was included in the S&P 500 Growth Index, S&P 500 Equal Weight Index, and S&P 500 Software and Services Sector. This series of index inclusions boosted market confidence in the stock, driving its price up. On September 20, AppLovin's stock price reached an all-time high of $632, up 401.23% from its 52-week low. This strong stock performance reflects market optimism about its growth potential. On September 19, analysts maintained an "Outperform" rating on AppLovin, despite forecasts suggesting that the stock price may fall below current levels by year-end, the market remains positive about its long-term growth prospects. Tech stocks are performing strongly, and market sentiment is optimistic. BitMine Immersion Tech fell 3.83%, with a trading volume of $981 million. According to recent key news: On September 22, BitMine Immersion Technologies announced the sale of approximately 5.2177 million shares of common stock to institutional investors at a price of $70 per share, along with warrants for 10.4354 million shares of common stock with an exercise price of $87.50. This issuance is expected to generate total proceeds of approximately $365.24 million, and if all warrants are exercised, total future proceeds could reach approximately $1.28 billion. This news led to a decline in the stock price. On September 22, BitMine Immersion Technologies announced that its total holdings of crypto assets reached $11.4 billion, including 2.416 million ETH and 192 bitcoins Despite the increase in holdings, the market reacted negatively to its large-scale stock issuance, leading to a decline in stock prices. On September 21, BitMine Immersion Technologies announced an increase of 15,427 ETH, valued at approximately $69 million. Despite the increase in holdings, the market reacted negatively to its large-scale stock issuance, leading to a decline in stock prices. The cryptocurrency market is highly volatile, and cautious investment is required. Stocks ranked among the top in industry market capitalization SAP fell 0.74%, with a market capitalization of $308.5 billion. Based on recent important news: On September 22, SAP proposed concessions to address EU antitrust concerns, avoiding the risk of investigation and fines. This move aims to resolve regulatory issues arising from ERP software, impacting stock price declines. Data source: Sina Finance. On September 22, analysts maintained a strong buy rating for SAP, with a target price of €298.11, indicating a potential upside of 30.15% in stock price. Data source: TipRanks. On September 19, SAP was not included in the analysts' recommended list of the top five buy stocks, despite its buy rating, which affected market confidence to some extent. Data source: MarketBeat. The technology industry is facing antitrust pressure