--- title: "U.S. stock market update: Riot Platforms rises 10.08%, influx of funds boosts volatility" type: "News" locale: "en" url: "https://longbridge.com/en/news/293244673.md" description: "Riot Platforms rose 10.08%; IREN rose 21.42%, with a transaction volume of USD 2.416 billion; Palantir Tech rose 2.76%, with a transaction volume of USD 2.374 billion; AppLovin rose 1.37%, with a transaction volume of USD 1.518 billion; SAP rose 0.31%, with a market capitalization of USD 186.2 billion" datetime: "2026-07-20T18:17:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293244673.md) - [en](https://longbridge.com/en/news/293244673.md) - [zh-HK](https://longbridge.com/zh-HK/news/293244673.md) --- # U.S. stock market update: Riot Platforms rises 10.08%, influx of funds boosts volatility **U.S. Stock Market Midday Update** Riot Platforms, up 10.08%, with increased trading volume and no significant news recently. The trading is active, with clear capital flows. 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** IREN up 21.42%, with active trading. Based on recent key news: 1. On July 20, IREN announced a $2.8 billion AI cloud contract with Microsoft, NVIDIA, and others, raising its annual recurring revenue target for 2026 to over $4 billion. This news boosted the stock price and alleviated investor concerns about high costs and dilution risks. Source: Zhitong Finance 2. On July 21, IREN's stock price continued to rise, with an intraday increase of 19.48%. The company signed multi-year cloud service contracts with mainstream AI developers, with customer prepayments covering 45% of GPU capital expenditures. Source: Wall Street Insight 3. On July 20, IREN's stock price rose over 8% in pre-market trading, as the company announced an increase in its full-year revenue guidance to over $4 billion. Source: Jinshi Data AI cloud service demand is growing, and the industry outlook is optimistic. Palantir Tech up 2.76%. Based on recent key news: 1. On July 17, France and Germany signed a joint statement planning to develop European autonomous military AI software to replace Palantir's systems. This move could affect Palantir's market share in Europe, leading to stock price volatility. 2. On July 18, Palantir director Alexander D. Moore sold 16,000 shares of common stock at prices between $133.75 and $136.79. This transaction may raise market concerns about internal confidence in the company, affecting the stock price. 3. On July 19, analyst Gil Luria maintained a buy rating on Palantir and set a target price of $175. The analyst's positive rating may boost investor confidence and drive the stock price up. The AI industry has significant growth potential, attracting market attention. AppLovin, up 1.37%, with a trading volume of $1.518 billion, increased trading volume and no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** SAP up 0.31%. Based on recent news, 1. On July 20, Sequoia Strategy Composite disclosed in its second-quarter report that it increased its investment in SAP. This news boosted market confidence, driving SAP's stock price up 0.31% 2. On July 19th, SAP released a strong quarterly report, showing that its cloud business revenue growth exceeded expectations, further driving up its stock price. 3. On July 18th, analysts generally raised SAP's target price, expecting its future performance to continue to grow, which boosted investor confidence. The cloud computing industry performed strongly, with significant capital inflows ### Related Stocks - [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md) - [IREN.US](https://longbridge.com/en/quote/IREN.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [APP.US](https://longbridge.com/en/quote/APP.US.md) - [SAP.US](https://longbridge.com/en/quote/SAP.US.md) ## Related News & Research - [Riot Platforms (RIOT) Stock Looks Rich Following Its 69% Run](https://longbridge.com/en/news/293798182.md) - [Is Riot Platforms (RIOT) Undervalued Or Is Its Recent Pullback Telling A Different Story?](https://longbridge.com/en/news/294167098.md) - [Bitcoin, Ethereum Showed 'Remarkable Resilience' During AI Rout: Is This the Bottom?](https://longbridge.com/en/news/294387563.md) - [Bitcoin Buyers Are 'Paid To Wait,' Glassnode Report Notes: Is That a Good Sign?](https://longbridge.com/en/news/294368936.md) - [A New Kind of Bitcoin ETF Is Here—And It Doesn't Just Buy BTC](https://longbridge.com/en/news/294259083.md)