U.S. stock market midday update: HWH plummets 15.92%, trading volume surges, sector trends trigger market fluctuations?

U.S. Stock Market Midday Update HWH, down 15.92%, with increased trading volume and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks with High Trading Volume in the Industry Google-A down 1.81%. Based on recent key news: On December 9, the European Union launched an antitrust investigation against Google, concerned about the potential abuse of market dominance by its AI tools, which could lead to hefty fines. This news raised market concerns, impacting the stock price decline. Source: Zhitong Finance On December 10, Google's technological breakthrough in generative AI, the success of Gemini 3, boosted market expectations for its future profitability, temporarily lifting the stock price. Source: You Analysis On December 11, Google faces the possibility of hefty fines from the EU due to its app store not complying with fair competition regulations, increasing market concerns about its future compliance costs. Source: Jinshi Data AI market competition intensifies, regulatory risks increase. Meta down 0.36%, with increased trading volume. Based on recent news, On December 11, Morgan Stanley lowered Meta's target price from $820 to $750, maintaining an "overweight" rating, but due to expected increases in operating expenses in 2026 and 2027, the earnings per share forecast was cut by about 8%. This news raised market concerns about Meta's future profitability, leading to a stock price decline. On December 10, Meta CEO Mark Zuckerberg pushed the company's strategy towards directly monetizable AI models, expecting to release a new model "Avocado" in spring 2026. Although this strategic adjustment shows the company's positive planning for the future, the market remains skeptical about its execution effectiveness in the short term, leading to stock price volatility. On December 9, Meta plans to cut its metaverse budget by up to 30%. Despite its solid position as the world's largest social platform, pressures such as rising costs and short-term pains in AI development still exist. Investors' concerns about the company's future profitability have intensified, putting pressure on the stock price. The Federal Reserve's interest rate cuts and AI investments support moderate growth in U.S. stocks. Google-C down 1.73%. Based on recent key news: On December 11, the EU may impose hefty fines on Google for violations related to its app store, impacting the stock price decline. Google failed to adequately adjust its app store policies to comply with EU regulations, potentially facing fines, leading to market concerns about its future compliance. Source: Jinshi Data On December 9, the EU launched an antitrust investigation against Google, focusing on the fairness of content usage by its AI tools. The investigation could lead to significant fines for Google, creating uncertainty in the market regarding its AI layout in Europe. Source: You Analysis On December 11, Google's parent company Alphabet's stock performed strongly, with a market capitalization of $3.8 trillion. Despite facing regulatory pressure, Alphabet's investment returns and market performance remain outstanding Source: Wall Street Watch Technology sector merger and acquisition activities rebound, AI investment boom. Stocks ranked at the top of the industry market capitalization Baidu rose 1.82%, with a market capitalization of $44.1 billion. Based on recent key news: On December 11, a fund under Baidu became a shareholder of Shanghai Luobopai Technology Co., Ltd., driving the stock price up. The company focuses on humanoid robot research and development, and the increase in registered capital shows Baidu's intensified investment in the intelligent robot field. On December 11, Baidu recorded a large cross-trade transaction with a transaction amount of 43.1 million yuan, indicating active trading interest in Baidu's stock, which drove stock price fluctuations. On December 9, ARK Invest increased its holdings in Baidu, and Citigroup analysts raised Baidu's target price to $181, suggesting a 40% upside potential for the stock price, enhancing market confidence. Growth in AI and cloud services is driving market interest