--- title: "U-BX Tech drops 13.31% with increased volume, no positive support, and heightened volatility during US stock market trading" type: "News" locale: "en" url: "https://longbridge.com/en/news/290861174.md" description: "U-BX Tech fell 13.31%; IBM fell 1.31%, with a transaction volume of USD 1.316 billion; Accenture fell 1.18%, with a transaction volume of USD 1.253 billion; Cognizant fell 4.14%, with a transaction volume of USD 248 million; Infosys Technologies fell 2.06%, with a market value of USD 43.3 billion" datetime: "2026-06-25T16:47:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290861174.md) - [en](https://longbridge.com/en/news/290861174.md) - [zh-HK](https://longbridge.com/zh-HK/news/290861174.md) --- # U-BX Tech drops 13.31% with increased volume, no positive support, and heightened volatility during US stock market trading **U.S. Stock Market Midday Update** U-BX Tech, down 13.31%, 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** IBM down 1.31%, with increased trading volume. Based on recent key news: 1. On June 23, JP Morgan upgraded IBM's rating from Neutral to Overweight, raising the target price from $270 to $291, driving the stock price up. JP Morgan believes that IBM's software business is the main driver, accounting for about 45% of total revenue, and is confident in its future accelerated growth. Source: MarketWatch 2. On June 23, IBM announced a partnership with OpenAI to launch AI products related to enterprise cybersecurity, with the stock price rising 2% after hours. This move demonstrates IBM's proactive layout in the AI field, enhancing market confidence in its technological innovation. Source: Jinse Finance 3. On June 25, IBM launched chip technology smaller than 1 nanometer, with the stock price rising 5.4% pre-market. This technology, known as "nano stack," can accommodate nearly 10 billion transistors on a surface the size of a fingernail, showcasing IBM's breakthrough progress in chip technology. Source: Reuters Technology stocks are experiencing increased volatility, focusing on AI development. Accenture down 1.18%. Based on recent key news: 1. On June 23, TD Cowen significantly cut Accenture's target price from $258 to $150, downgrading the rating from "Buy" to "Hold." As growth expectations continue to weaken, market confidence in this consulting giant is gradually fading, and the likelihood of a recovery in the short term is decreasing. 2. On June 23, Wells Fargo Securities IT services analyst Jason Kupferberg pointed out that the market views Accenture as a net loser in the AI wave, reflecting a considerable degree of concern. This perspective has intensified investor uncertainty regarding Accenture's future development. 3. On June 23, Accenture announced an increase of $2 billion to its stock repurchase plan for fiscal year 2026, bringing the total repurchase scale to $2.3 billion. Although this news provides some support for the stock price, overall market sentiment remains cautious. The IT services industry faces the risk of AI disruption, and market sentiment is cautious. Highpoint down 4.14%. Based on recent key news: 1. On June 25, a report from MarketBeat analysts indicated that Highpoint Technology Solutions was not included in the recommended buy list. Although the company currently holds a "Hold" rating among analysts, top analysts believe there are five stocks that are more worthy of purchase. This news may lead to a decline in investor confidence, subsequently affecting the stock price 2. On June 24th, market attention on Infosys increased, with trading volume significantly expanding to USD 248 million. This indicates growing interest in the stock, possibly related to analyst ratings. 3. No other significant news recently. The technology sector has seen increased volatility lately, which requires attention. **Stocks ranked at the top of the industry by market capitalization** Infosys Technologies fell by 2.06%. Based on recent key news: 1. On June 23rd, Infosys announced an expansion of its cooperation with GlobalFoundries, taking responsibility for the full-process application and infrastructure operation and maintenance management. This news attracted market attention, causing stock price fluctuations. 2. On June 24th, JP Morgan lowered Infosys's target price from USD 16.80 to USD 12.70, leading to a decline in investor sentiment and further drop in stock price. 3. On June 25th, analysts gave a sell signal for Infosys stock, and recent earnings expectations have been cautious, affecting market confidence and putting pressure on the stock price. The IT services sector has performed poorly recently, with increasing macroeconomic uncertainty ### Related Stocks - [UBXG.US](https://longbridge.com/en/quote/UBXG.US.md) - [MF.US](https://longbridge.com/en/quote/MF.US.md) - [IBM.US](https://longbridge.com/en/quote/IBM.US.md) - [ACN.US](https://longbridge.com/en/quote/ACN.US.md) - [CTSH.US](https://longbridge.com/en/quote/CTSH.US.md) - [INFY.US](https://longbridge.com/en/quote/INFY.US.md) ## Related News & Research - [AI investing genius Leopold Aschenbrenner owns 20% of this AI stock. 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