U.S. stock market midday update: ASST's sharp decline triggers pessimistic sentiment in the market, Strive's stock price plummets 9.40%

U.S. Stock Market Midday Update

Strive fell 9.40%, with increased trading volume. Based on recent key news:

1. On December 4, ASST's stock price has dropped 94% since its establishment, currently trading slightly above one dollar. The company has not declared dividends or profits, and short interest has reached 15.19%, indicating that investors are pessimistic about its prospects, which may affect market sentiment towards Strive.

2. On December 5, MSCI is set to announce a decision on January 15 that may impact Bitcoin market demand. If MSCI withdraws support, it could weaken demand for newly listed cryptocurrency products, thereby affecting the financing activities of related financial institutions and indirectly impacting Strive's stock price. The volatility risk in the cryptocurrency market has increased.

Top Stocks by Industry Trading Volume

DigitalBridge rose 43.93%. Based on recent key news:

1. On December 5, SoftBank Group is in talks to acquire DigitalBridge, planning to take it private to address AI-driven computing demands. This news significantly boosted DigitalBridge's stock price, with trading volume reaching a 52-week high. Source: Bloomberg

2. On December 6, the U.S. Consumer Confidence Index rebounded, leading to a strong rebound in tech stocks, demonstrating resilience in the market's response to AI and inflation challenges. This macroeconomic dynamic further supported the rise in DigitalBridge's stock price. Source: Reuters

3. On December 5, SoftBank founder Masayoshi Son announced plans to reinvest capital into AI strategies, including partnerships with OpenAI and Oracle to build large data center projects. This move aligns with DigitalBridge's business direction, enhancing market confidence in its future development. Source: Bloomberg Technology stocks rebound, AI investment active.

Blackstone Group rose 0.56%. Based on recent key news:

1. On December 5, Blackstone Group, along with other private credit firms, provided over $2 billion in financing to software manufacturer Mitratech to help restructure its existing bank loans. This move demonstrates Blackstone's active participation in the credit market, boosting investor confidence in its financial strength and driving up its stock price.

2. On December 4, Blackstone Group agreed to sell the Skyview shopping center in Queens, New York, for approximately $425 million. This transaction indicates that Blackstone is optimizing its investment portfolio through asset sales to free up capital for future growth, which the market reacted positively to.

3. On December 4, Blackstone plans to sell its office building located in Canary Wharf, London, again. This move reflects Blackstone's strategic adjustment in the global real estate market, which may have a positive impact on its stock price. The real estate market is adjusting, and the credit market is active.

Invesco rose 4.01%. Based on recent key news:

1. On December 4th, Invesco released its 2026 investment outlook, predicting that global markets will continue to rise due to economic resilience and supportive policies. This outlook emphasizes the sustained growth of global equities, with expectations of declining U.S. interest rates and fiscal support from Europe, Japan, and China, driving up Invesco's stock price.

2. On December 3rd, the net asset value per share of Invesco S&P China A Mid-Cap 500 Swap Fund reached $7.6314, indicating increased investor confidence in the Chinese market, which boosted Invesco's stock price.

3. On December 4th, Invesco's strategy of buying at low levels was viewed by analysts as a positive factor for the long-term market cycle. Although there may be profit pressures and supply chain issues in the short term, stocks are still considered more attractive than cash and fixed income in the long run, supporting the rise in stock prices. Global market resilience is strengthening, with policy support.

Stocks Ranked Among the Top by Market Capitalization

BlackRock fell 0.19%. Based on recent key news:

1. On December 4th, BlackRock warned that the crowded AI market and high leverage could lead to stock market volatility. Concerns over excessive spending by AI companies triggered a pullback in U.S. stocks, and the high leverage levels of hedge funds increased the risk of short-term selling pressure. Source: Reuters

2. On December 4th, BlackRock reduced its holdings in China Vanke H shares, decreasing its position from 5.49% to 4.61%. This move may reflect its cautious attitude towards the Chinese market, affecting stock price fluctuations. Source: Hong Kong Stock Exchange

3. On December 5th, BlackRock deposited a large amount of Bitcoin and Ethereum with Coinbase, indicating an adjustment in its cryptocurrency investment strategy. This move may influence the market's perception of its risk appetite. Source: Golden Finance AI investment boom drives market volatility, requiring attention to risks