--- title: "U.S. stock market midday update: UTime rises 21.21%, reaching a two-week high, as SEC disclosures boost market sentiment" type: "News" locale: "en" url: "https://longbridge.com/en/news/295682250.md" description: "UTime rose 21.21%; Tianhong Technology rose 7.45%, with a transaction volume of USD 372 million; Fabrinet rose 8.82%, with a transaction volume of USD 110 million; Flex International rose 5.13%, with a transaction volume of USD 110 million; TE Connectivity fell 2.74%, with a market value of USD 62.4 billion" datetime: "2026-08-12T14:59:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295682250.md) - [en](https://longbridge.com/en/news/295682250.md) - [zh-HK](https://longbridge.com/zh-HK/news/295682250.md) generator: "portal-rs" --- # U.S. stock market midday update: UTime rises 21.21%, reaching a two-week high, as SEC disclosures boost market sentiment **U.S. Stock Market Midday Update** UTime rose 21.21%. Based on recent key news: 1. On August 10, UTime Ltd. released important information through the EDGAR system of the U.S. Securities and Exchange Commission. The content disclosed by the company triggered a positive market reaction, driving the stock price up by 21.21%. Source: EDGAR system 2. No other significant news recently. 3. No other significant news recently. The market is optimistic about the performance of technology stocks. **Stocks with High Trading Volume in the Industry** Tianhong Technology rose 7.45%. Based on recent key news: 1. On August 11, Celestica announced a $345 million equity financing, significantly reducing the company's funding risk in AI expansion. Analysts pointed out that this financing will increase Celestica's cash to $3.9 billion and liquidity to $5.7 billion, supporting its rapid expansion into hyperscale and AI-native demand. This news boosted Celestica's stock price, indirectly affecting Tianhong Technology's market performance. 2. On August 11, a FactSet survey showed that 18 analysts adjusted their target price for Celestica, with the median down from 485 yuan to 465 yuan, a decrease of 4.12%. Despite the poor short-term stock performance, analysts remain optimistic about Celestica's long-term prospects, which positively impacted Tianhong Technology's stock price. 3. On August 11, SK Hynix became an absolute bottleneck in Nvidia's high-bandwidth memory supply chain, and Wall Street's reaction was to package its volatility into a 2x long-short trading tool. This market behavior reflects the high concentration of value in the technology industry, further driving the volatility of related stocks, including Tianhong Technology. The technology sector has performed strongly recently, with significant capital inflows. Fabrinet rose 8.82%, with a trading volume of $110 million, and the trading volume has increased, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Flex International rose 5.13%. Based on recent key news: 1. On August 12, MarketBeat pointed out that although Flex International received a moderate buy rating from analysts, top analysts believe there are five stocks that are more worthy of purchase. This may lead to a decrease in investor confidence in Flex International, affecting its stock price. 2. On August 11, the market's attention to biopharmaceutical and technology companies increased, and Flex International, as an electronic manufacturing service provider, may benefit from the overall growth trend in the technology industry, driving its stock price up. 3. On August 11, the market's focus on the integration and price dynamics of the logistics and building materials industries may indirectly affect Flex International's market performance due to its role in the global supply chain. The growth of the technology industry and the clear trend of market integration are evident **Stocks Ranked Among the Top by Market Capitalization in the Industry** TE Connectivity fell 2.74%. Based on recent key news: 1. On August 10, TE Connectivity CEO Terrence Curtin will speak at the upcoming Citi 2026 Global TMT Conference. Although such events typically do not directly impact stock prices, the market's focus on the company's future strategy may lead to price fluctuations. Source: PR Newswire 2. On August 10, Curtin will also participate in the Jefferies Global Industrial Conference. Such conferences usually attract investor attention and may affect market confidence in the company. Source: PR Newswire 3. No other significant news recently. The overall industry performance is stable, and capital flows are active ### Related Stocks - [FXHO.US](https://longbridge.com/en/quote/FXHO.US.md) - [CLS.US](https://longbridge.com/en/quote/CLS.US.md) - [FN.US](https://longbridge.com/en/quote/FN.US.md) - [FLEX.US](https://longbridge.com/en/quote/FLEX.US.md) - [TEL.US](https://longbridge.com/en/quote/TEL.US.md) ## Related News & Research - [Originalis AI Founding Engineer Ujjwal Jain Unveils AI System Processing Over 645,000 VC Email Threads](https://longbridge.com/en/news/296065185.md) - [What Is Amazon.com (AMZN) Chasing In The Reported Decart AI Bidding War?](https://longbridge.com/en/news/296027594.md) - [GDS' Record AI-Driven Bookings Fueled By New Markets, 3 Hyperscale Customers](https://longbridge.com/en/news/296377127.md) - [Argentum AI Announces $10 Billion+ in Contracted Revenue and Targets 1GW of AI Infrastructure Capacity in 2026](https://longbridge.com/en/news/296261035.md) - [That AI Breakthrough That Is Still Coming](https://longbridge.com/en/news/296685561.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**