--- title: "U.S. stock market midday update: Cipher Digital rises 26.12%, driven by expectations of AI transformation and capital inflow" type: "News" locale: "en" url: "https://longbridge.com/en/news/294382854.md" description: "Cipher Digital rose 26.12%; IREN rose 27.40%, with a transaction volume of USD 1.034 billion; Palantir Tech fell 1.37%, with a transaction volume of USD 0.887 billion; S&P 500 fell 6.42%, with a transaction volume of USD 0.663 billion; SAP fell 3.44%, with a market value of USD 207.3 billion" datetime: "2026-07-30T14:33:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294382854.md) - [en](https://longbridge.com/en/news/294382854.md) - [zh-HK](https://longbridge.com/zh-HK/news/294382854.md) --- # U.S. stock market midday update: Cipher Digital rises 26.12%, driven by expectations of AI transformation and capital inflow **U.S. Stock Market Midday Update** Cipher Digital rose 26.12%. Based on recent key news: 1. On July 28, Cipher Digital announced its participation in multiple investor and industry conferences, including the Canaccord Genuity Annual Growth Conference on August 11. This news may have boosted market confidence in the company's future development, driving up the stock price. 2. On July 28, market analysis indicated that Cipher Digital needs to demonstrate execution capability and cash flow growth to meet market expectations for its AI transformation. Although analysts maintain a "moderate buy" rating, the market remains cautious about its future performance. 3. On July 28, technical analysis showed that Cipher Digital's stock price rebounded after breaking through a key support level, and the market's focus on its technical trends may have further propelled the stock price upward. The increase in AI industry conferences has heightened market attention, with noticeable capital inflows. **Stocks with High Trading Volume in the Industry** IREN rose 27.40%, with increased trading volume. Based on recent key news: 1. On July 30, IREN's stock price rose 9.11% in pre-market trading, reaching $31.98. Despite a golden cross in May, the stock price subsequently fell below these long-term moving averages, weakening this bullish signal. Recent chart turning points have reinforced volatility: a high was formed in June, and a low in July, with the stock price breaking below support in July, typically indicating that previous buyers may become sellers during a rebound. 2. On July 30, analysts expressed concerns about intensified competition in the new cloud industry, especially as SpaceX begins selling excess GPUs to Google and Anthropic. Meta also has similar plans. Nevertheless, IREN still leads in analysts' stock comparison tools, with an expected upside of about 157% and an average target price of $75.18. 3. On July 30, although IREN currently has a moderate buy rating among analysts, top analysts believe there are five stocks that are more worthy of purchase. The competition in the new cloud industry is intensifying, with clear capital flows. Palantir Tech fell 1.37%. Based on recent key news: 1. On July 29, Palantir's stock price dropped 5.86% due to market concerns over its high valuation and intensified AI competition. Analysts expect its second-quarter revenue to grow 81% year-over-year, but investors remain uneasy about its high valuation. Source: Benzinga 2. On July 27, Michael Burry maintained his short position on Palantir, reflecting market skepticism about the authenticity of demand in the AI-related sector. Burry believes there is a systemic overvaluation risk in the current AI infrastructure investment boom. Source: Global Times Finance On July 30, analysts rated Palantir as a moderate buy but believe that five other stocks have more investment value. Analysts expressed concerns about its high valuation, despite strong growth in its AI business. Source: MarketBeatAI Industry competition intensifies, and valuation pressure emerges. Salesforce fell 6.42%, with increased trading volume. Based on recent key news: 1. On July 30, Salesforce reported quarterly results, with revenue significantly below expectations, indicating stagnation in core subscription growth. The enterprise software market is saturated, and intensified budget reviews have led to extended deal cycles and fragmented contracts, particularly in the professional services sector, which contracted year-on-year. Analysts are skeptical about the short-term contribution of AI tools, as R&D costs may exceed AI revenue, leading to a downward revision of full-year growth expectations and valuation compression risks for the stock price. 2. On July 28, Salesforce secured a $1.6 billion contract from the U.S. Department of Veterans Affairs, driving the stock price up 8.02% intraday. This contract leverages Salesforce's CRM technology platform and AI technology to modernize veterans' healthcare benefits and service support systems. Despite a general weakness in the tech sector, Salesforce maintained its gains and broke through short-term moving averages. 3. On July 28, market data showed that enterprise customer software spending consolidation intensified, leading to deal compression. The company was forced to offer larger discounts to maintain multi-cloud renewals. The professional services sector saw a significant decline, with clients pausing large-scale implementations and non-essential projects, directly impacting high-margin consulting revenue streams. The execution risk of AI transformation has increased, and the monetization timeline for Data Cloud is in doubt, potentially creating a revenue gap in the medium term. The enterprise software market is saturated, and budget reviews are intensifying. **Stocks ranked among the top in industry market capitalization** SAP fell 3.44%, with increased trading volume. Based on recent key news: 1. On July 28, concerns arose among institutional analysts regarding the slowdown in backlog growth for SAP's cloud ERP suite, as enterprise customers extended sales cycles and reviewed high-cost AI-driven software migrations, putting pressure on the stock price. 2. On July 28, Barclays lowered SAP's target price from $255 to $242 while maintaining an "overweight" rating, reflecting a cautious market attitude towards SAP's future growth. 3. On July 27, SAP management member Dominik Asam purchased derivatives totaling €972,400, which the market interpreted as confidence in the company's future performance. The weak Eurozone economy is affecting SAP's regional revenue ### Related Stocks - [CIFR.US](https://longbridge.com/en/quote/CIFR.US.md) - [IREN.US](https://longbridge.com/en/quote/IREN.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [CRM.US](https://longbridge.com/en/quote/CRM.US.md) - [SAP.US](https://longbridge.com/en/quote/SAP.US.md) ## Related News & Research - [Cipher Digital Announces Participation in Upcoming Investor and Industry Conferences | CIFR Stock News](https://longbridge.com/en/news/294109045.md) - [This Damora Therapeutics Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday](https://longbridge.com/en/news/293928454.md) - [This data center stock is surging on a hyperscaler deal. It’s a signal of AI demand.](https://longbridge.com/en/news/280511677.md) - [Cipher leaps on signing a 15-year data center campus lease with hyperscaler](https://longbridge.com/en/news/280492351.md) - [Cipher Digital (CIFR) Rises On AI Data Center Momentum](https://longbridge.com/en/news/285228851.md)