U.S. Stock Market Midday Update
9F Group, up 12.03%, a new 60-day high, with no significant news recently. Trading is active, and capital flows are evident. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation.
Stocks with High Trading Volume in the Industry
Google-A down 0.90%. Based on recent key news:
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On December 12, the European Union plans to impose antitrust fines on Google for favoring its own services in search results, which may put pressure on the stock price. The fine could be up to 10% of the company's global annual revenue. Source: Reuters
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On December 11, Google Class A shares fell due to the potential IPO valuation impact from SpaceX, with Alphabet's stake potentially worth $111 billion. Source: Bloomberg
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On December 10, Google launched Gemini 3, with technological advantages driving business upgrades, and analysts are optimistic about its leading position in the generative AI field. Source: Zhitong Finance. Competition in the AI field is intensifying, increasing market volatility risks.
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Meta down 0.99%, with increased trading volume. Based on recent key news:
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On December 11, Morgan Stanley lowered Meta's target price to $750 while maintaining an overweight rating. Despite low investor sentiment, Morgan Stanley remains optimistic about Meta's long-term growth potential, expecting operating expenses to rise by 2026, impacting stock price declines.
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On December 10, Meta CEO Mark Zuckerberg is pushing the company's strategy towards directly monetizable AI models, with a new model &#34;Avocado&#34; expected to be released in spring 2026, possibly in a closed-source format, affecting market expectations for Meta's future profitability.
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On December 10, Meta is considering cutting its metaverse budget by up to 30%. Despite facing rising cost pressures, Meta's global social platform position remains solid, but short-term capital expenditure increases may suppress profit margins. The U.S. tech industry is becoming more rational, with AI still being a key driver.
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Google-C down 0.91%. Based on recent key news:
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On December 12, the European Union plans to impose antitrust fines on Google for favoring its own services in search results. This news has heightened market concerns about Google's regulatory risks, putting pressure on the stock price. Source: Reuters
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On December 12, TD Cowen raised Google's target price to $350, reflecting analysts' optimistic expectations for its future growth. This move provides some support for the stock price. Source: TD Cowen
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On December 11, Google's investment returns with SpaceX are significant, and the expected IPO of SpaceX next year is anticipated to further enhance Google's financial performance. This news has a positive impact on market confidence. Source: The Wall Street Journal. The tech industry faces regulatory risks, with significant capital inflows
Stocks Ranked Among the Top by Market Capitalization in the Industry
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Reddit fell 1.06%. Based on recent key news:
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On December 12, Reddit filed a lawsuit in Australia against the social media ban, claiming that the law is misapplied to it, which may lead to hefty fines and pressure on its stock price. Source: Hong Kong Economic Journal
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On December 11, Reddit announced a limited internal testing of verified profiles, and market expectations for the new feature may drive stock price volatility. Source: Reuters
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On December 11, Jefferies raised Reddit's target price to $325, with analysts optimistic about its future growth potential. Source: Jefferies Securities Report on the social media industry facing policy risks, which need attention
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9F rose 12.03%; Google-A fell 0.90%, with a transaction volume of USD 6.164 billion; Meta fell 0.99%, with a transaction volume of USD 4.675 billion; Google-C fell 0.91%, with a transaction volume of USD 3.54 billion; Reddit fell 1.06%, with a market value of USD 43.8 billion

U.S. stock market midday update: 9F hits a new 60-day high, active capital flow triggers a 12% increase, is industry trend a key factor?