U.S. stock market intraday update: Strategic transformation raises profit concerns, Webus stock price plummets 9.52%

U.S. Stock Market Midday Update Webus fell 9.52%, with increased trading volume. Based on recent key news: On December 24, Webus International Limited announced its expansion into the U.S. outdoor smart devices and robotics market. This move is seen as part of the company's strategic transformation, which may lead to short-term market concerns about its future profitability, causing the stock price to decline. On December 24, Webus released relevant information via GlobeNewswire, emphasizing its high-end services and blockchain travel products in North America, Asia, and the Middle East. Although this move demonstrates the company's expansion in the global market, it failed to immediately boost investor confidence, and the stock price continued to be under pressure. On December 24, Webus's investor relations announcement did not provide sufficient financial details, leading to increased uncertainty in the market regarding its financial health, further exacerbating stock price volatility. Industry expansion coexists with market uncertainty. Top Stocks by Industry Trading Volume Uber rose 0.06%, with increased trading volume. Based on recent news, On December 23, Berger Montague PC announced an investigation into Uber's board of directors, focusing on whether they violated their fiduciary duties to shareholders. This news raised market concerns about corporate governance, leading to stock price fluctuations. On December 24, the Consumer Watchdog Campaign released a video warning California voters that a ballot measure supported by Uber could limit the medical and legal rights of accident victims. This news raised concerns about Uber's corporate image and legal risks. On December 25, analysts pointed out that investors may be underestimating the multiple positive factors driving Uber's stock price increase. Despite increased market volatility, Uber's stock price rose 31% in 2025, demonstrating strong market performance. Tech stocks are generally volatile, with rising investor risk aversion. Grab rose 0.19%. Based on recent news, On December 24, platform companies were required to increase their contribution rates. Over the next five years, these platform workers' contribution rates will increase by up to 2.5 percentage points annually, while platform operators' contribution rates will increase by up to 3.5 percentage points. Grab stated that as the CPF contributions gradually increase over the next five years, its fees may be "adjusted at any time" to reflect these changes and other benefits and operating costs. Meanwhile, Grab added that its driver fees—the separate costs that customers must bear—will remain at 50 cents until June 30, 2026. This move is similar to what was announced on December 24 last year. Increased contribution rates for platform companies lead to rising operating costs. LYFT fell 0.08%. Based on recent news, On December 26, WeRide expanded its Robotaxi collaboration with Uber in Abu Dhabi to core areas. WeRide has maintained a four-year first-mover advantage in deploying autonomous vehicles in Abu Dhabi and became the first company to obtain a national license in 2023, allowing for autonomous driving testing and operations on public roads In December 2024, WeRide launched a Robotaxi ride-hailing service in Abu Dhabi in partnership with Uber, marking the largest commercial Robotaxi service outside of the United States and China. By July 2025, the collaboration will expand to cover about half of the core area of Abu Dhabi, with plans to cover more areas by the end of 2025. WeRide currently has over 100 Robotaxis in the Middle East. This news may impact LYFT's market competitiveness, leading to stock price fluctuations. The competition in the autonomous driving industry is intensifying, and market attention is increasing. Stocks Ranked Among the Top in Industry Market Value Avis rose by 0.43%. Based on recent news, On December 24, Avis announced a strategic partnership with a large car rental company, which is expected to significantly enhance its market share. Following this announcement, investors expressed optimism about the company's future growth prospects, driving the stock price up. On December 23, Avis released its latest financial report, showing that its fourth-quarter revenue and net profit both exceeded market expectations. Strong financial performance boosted market confidence, further propelling the stock price upward. On December 22, analysts generally raised Avis's target price, believing the company is likely to maintain its growth momentum in the coming months. Analysts' positive evaluations provided strong support for the stock price. The car rental industry is performing strongly overall, with robust market demand