--- title: "U.S. stock market midday update: HubSpot up 8.73%! Executive buybacks boost confidence, high valuation raises concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/295833499.md" description: "HubSpot rose 8.73%; Palantir Tech rose 3.84%, with a trading volume of USD 3.877 billion; IREN rose 2.34%, with a trading volume of USD 2.799 billion; S&P 500 rose 2.59%, with a trading volume of USD 1.229 billion; SAP rose 0.01%, with a market capitalization of USD 235.7 billion" datetime: "2026-08-13T18:39:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295833499.md) - [en](https://longbridge.com/en/news/295833499.md) - [zh-HK](https://longbridge.com/zh-HK/news/295833499.md) generator: "portal-rs" --- # U.S. stock market midday update: HubSpot up 8.73%! Executive buybacks boost confidence, high valuation raises concerns **U.S. Stock Market Midday Update** HubSpot rose 8.73%, with increased trading volume. Based on recent key news: 1. On August 11, HubSpot director Gerald Dischler purchased 925 shares of common stock at a price of $215.93 per share. This move increased his direct holdings to 1,940 shares, demonstrating confidence in the company's future and driving the stock price up. Source: EDGAR system announcement 2. On August 13, analysts maintained a hold rating on HubSpot but noted that five other stocks have more investment value. This indicates a cautious market sentiment towards HubSpot, despite the stock price increase. Source: Analyst report 3. No other significant news recently. The technology sector is experiencing increased volatility, with noticeable capital inflows. **Stocks with High Trading Volume in the Industry** Palantir Tech rose 3.84%. Based on recent key news: 1. On August 11, Michael Burry continued to short Palantir by purchasing put options expiring in March 2027, believing its intrinsic value is below $1. This has heightened market concerns about Palantir's valuation, leading to stock price fluctuations. 2. On August 12, Palantir's earnings report showed an 84.7% revenue growth and raised its full-year guidance. However, despite the impressive performance, the stock price has still fallen 26% year-to-date, reflecting market skepticism about its long-term growth. 3. On August 13, analysts rated Palantir as a moderate buy but indicated that five other stocks have more investment value. This rating failed to boost market confidence, leading to increased stock price volatility. The AI industry is experiencing heightened rotation, with uneven capital flows. IREN rose 2.34%, with increased trading volume. Based on recent key news: 1. On August 13, IREN successfully delivered Horizon 1 to Microsoft and received NVIDIA Exemplar Cloud certification, driving the stock price up. This marks a significant advancement for the company in the AI cloud services sector, with the stock price rising 6.92%. Source: Benzinga 2. On August 12, IREN completed the acquisition of Mirantis, enhancing its AI cloud platform capabilities. Investors are optimistic about the company's efforts to expand AI data center capacity, leading to a stock price increase. Source: Benzinga 3. On August 13, analysts maintained a buy rating and raised the target price to $90, further boosting market confidence. Source: Benzinga. The AI data center industry continues to grow, but risks need to be monitored. S&P Global rose 2.59%. Based on recent key news: 1. On August 13, JP Morgan initiated coverage on S&P Global with an "overweight" rating and set a target price of $250, driving the stock price up. JP Morgan believes that S&P Global's high profit margins and sustained growth potential are undervalued, and that maintaining existing growth and profitability can support a higher valuation 2. On August 13, UBS raised the target price for ServiceNow from $185 to $210, maintaining a "Neutral" rating. UBS noted that customer feedback on software spending was mixed, which could affect market expectations for accelerated revenue growth in the second half of the year. 3. On August 13, ServiceNow's stock price rose by 1.1%, and JP Morgan resumed coverage with an Overweight rating. JP Morgan believes that ServiceNow's leading position in the customer relationship management software sector and its high profit margins are undervalued by the market. Competition in the software industry is intensifying, with significant impacts from AI. **Stocks Ranked Among the Top by Market Capitalization in the Industry** SAP rose by 0.01%, with increased trading volume. Based on recent key news: 1. On August 13, NTT DATA announced the renewal of its SAP Global Operating Partner certification. This certification emphasizes NTT DATA's expertise in providing SAP operational services, boosting market confidence in SAP and slightly increasing its stock price. 2. On August 13, NTT DATA stated that it would accelerate customer success and create a positive impact on society through responsible innovation. As a global leader in AI and digital infrastructure, NTT DATA's commitment further enhanced market confidence in SAP. 3. On August 13, NTT DATA Group invests over $3 billion annually in research and development, showcasing its strong innovation capabilities and market influence, indirectly driving up SAP's stock price. The increasing demand for AI and digital business has propelled the stock prices of related companies ### Related Stocks - [HUBS.US](https://longbridge.com/en/quote/HUBS.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [IREN.US](https://longbridge.com/en/quote/IREN.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 - [HubSpot director Brian Halligan disposes of 8,500 shares worth $1.87 million](https://longbridge.com/en/news/296534507.md) - [Why HubSpot stock is plummeting today](https://longbridge.com/en/news/295127206.md) - [HubSpot (HUBS) To Report Earnings Tomorrow: Here Is What To Expect](https://longbridge.com/en/news/294764300.md) - [HubSpot (NYSE:HUBS) Trading Down 8.2% - What's Next?](https://longbridge.com/en/news/294393160.md) - [HubSpot Q2 revenue beats estimates on customer growth](https://longbridge.com/en/news/295009776.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**