--- title: "U.S. stock market update: Reddit rises 14% after being included in the S&P 500, with impressive earnings igniting the market" type: "News" locale: "en" url: "https://longbridge.com/en/news/295954809.md" description: "Reddit rose 14.11%; Google-A fell 0.24%, with a transaction volume of $2.301 billion; Meta fell 0.01%, with a transaction volume of $2.25 billion; Google-C fell 0.28%, with a transaction volume of $1.752 billion; Baidu fell 0.97%, with a market value of $35.2 billion" datetime: "2026-08-14T15:48:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295954809.md) - [en](https://longbridge.com/en/news/295954809.md) - [zh-HK](https://longbridge.com/zh-HK/news/295954809.md) generator: "portal-rs" --- # U.S. stock market update: Reddit rises 14% after being included in the S&P 500, with impressive earnings igniting the market **U.S. Stock Market Midday Update** Reddit rose 14.11%, with increased trading volume. Based on recent key news: 1. On August 14, Reddit announced it would be included in the S&P 500 index on August 18, replacing AvalonBay Communities. This news drove the stock price up 11.8% in pre-market trading and continued to rise after hours, showing a strong market response. Source: Jinse Finance 2. On August 14, Reddit released its second-quarter financial report, with revenue increasing 61% year-over-year to $805 million and net profit rising 183% to $253 million, showcasing strong financial performance that further supported the stock price increase. Source: Zhitong Finance 3. On August 14, the market reacted positively to the news of Reddit's inclusion in the S&P 500 index, with analysts expecting passive fund inflows to support the stock price, despite challenges such as slowing user growth. Source: Wall Street Insight Technology stocks rose, improving inflation expectations. **Stocks with High Trading Volume in the Industry** Google-A fell 0.24%. Based on recent key news: 1. On August 12, Google raised the prices of new phones due to memory shortages, with the new models costing $100 more than the previous generation, which may affect consumer purchasing willingness and put pressure on the stock price. 2. On August 11, a Goldman Sachs research report pointed out that Google's AI management adjustments and strategic shift towards large-scale commercialization may impact market expectations for Google's future profitability. 3. On August 14, Goldman Sachs maintained a "Buy" rating on Google at the "Made by Google 2026" launch event, with a target price of $435, indicating market confidence in its hardware and AI business. The competition in the AI market is intensifying, prompting Google's strategic adjustments. Meta fell 0.01%, with increased trading volume. Based on recent key news: 1. On August 12, Meta's acquisition of Manus officially fell through, affecting the atmosphere in the tech M&A sector. This news caused Meta's stock price to drop 3.23%, reflecting market caution towards tech stocks. Source: Jinshi Data 2. On August 12, Meta COO Javier Olivan sold part of his shares, leading to market doubts about internal confidence in the company. This move may exacerbate stock price volatility. Source: Benzinga 3. On August 13, Meta complied with Australia's social media ban by shutting down a large number of accounts of underage users, which may affect user growth expectations. Source: Viewpoint AI computing power demand is growing, and the industry outlook is optimistic. Google-C fell 0.28%. Based on recent news: 1. On August 12, Google raised the prices of new phones due to memory shortages, with the new models costing $100 more than the previous generation, leading to market concerns about its hardware business outlook, causing the stock price to decline 2. On August 12, Google CEO Sundar Pichai announced that Gemini's monthly active users surpassed 1 billion, making it the fastest-growing product in the company's history. Despite this news indicating strong user growth, it failed to offset the market's negative reaction to hardware price increases. 3. On August 14, Goldman Sachs stated in its latest research report that Google launched several new hardware products at the "Made by Google 2026" event and showcased the next generation of Gemini Intelligence features. Although the hardware business accounts for a small proportion, the expansion of AI capabilities has increased the usage value of Gemini, maintaining a "Buy" rating and a target price of $435. The competition in the AI market is intensifying, raising concerns over hardware price increases. **Stocks Ranked Among the Industry's Market Value Leaders** Baidu fell 0.97%, with increased trading volume. Based on recent key news: 1. On August 14, during Baidu AI Day, Baidu's document library and cloud storage general intelligence agent GenFlow officially announced its Chinese name "Kuku AI" and launched an independent terminal. This move showcased Baidu's innovation capabilities in the AI field, attracting market attention and driving stock price fluctuations. 2. On August 14, rating agency Fitch downgraded Baidu-SW's long-term foreign currency issuer default rating to "A-", reflecting the structural decline in search advertising business and the impact of AI competition, leading to pressure on the stock price. 3. On August 11, Baidu applied to transition from a secondary listing to a dual listing, expected to take effect by the end of the year. This move may enhance the buying momentum from northbound capital, and the market reacted positively. The competition in the AI field is intensifying, increasing the risk of market volatility ### Related Stocks - [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md) ## Related News & Research - [Dear Reddit Stock Fans, Mark Your Calendars for August 18](https://longbridge.com/en/news/295970880.md) - ['Quality Over Quantity': Reddit Is Mostly Wiped From ChatGPT Citations](https://longbridge.com/en/news/296408221.md) - [Reddit (RDDT) Could Be 43% Undervalued Following Its S&P 500 Addition](https://longbridge.com/en/news/296035486.md) - [Reddit begins testing a new audio and video experience, similar to popular TikTok videos](https://longbridge.com/en/news/296137042.md) - [Reddit’s AI is turning posts into podcasts and short videos](https://longbridge.com/en/news/296155690.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**