U.S. Stock Market Midday Update

Argan rose 15.71%, with increased trading volume. Based on recent key news:

1. On July 29, Argan's stock price increased primarily due to its strategic shift in the energy sector. The company announced a focus on renewable energy projects, attracting investor attention and driving the stock price up by 15.71%.

2. On July 28, market expectations for Argan's future growth strengthened. Analyst reports indicated that Argan's expansion plans in emerging markets could lead to significant revenue growth, further stimulating the rise in stock price.

3. On July 27, Argan's financial report showed that its quarterly performance exceeded expectations. The company's reported revenue and profit were both above market expectations, boosting investor confidence and leading to a substantial increase in stock price. The transformation in the energy industry is accelerating, and market volatility is intensifying.

Stocks with High Trading Volume in the Industry

Quanta Services rose 15.31%. Based on recent key news:

1. On July 30, Quanta Services completed several acquisitions, including Dynamic Systems, expanding its civil, mechanical, and turnkey capabilities. The backlog of orders increased to $53.44 billion, enhancing short- to medium-term revenue visibility. This move strengthened market confidence in the company's future growth, driving the stock price up.

2. On July 30, Quanta Services reported second-quarter revenue of $9.6 billion, exceeding market expectations of $8.613 billion. Adjusted EBITDA was $1.1 billion, also higher than the expected $874.8 million. Strong financial performance further boosted investor confidence, pushing the stock price higher.

3. On July 30, with the acceleration of AI construction, the backlog of orders surged, driving growth in earnings and revenue. The expansion in the AI sector has brought new growth opportunities for the company, and the market reacted positively, resulting in an increase in stock price. The expansion of the AI industry is driving order growth, and the market is optimistic.

Comfort Systems USA rose 10.27%. Based on recent key news:

1. On July 30, Comfort Systems USA announced its second-quarter financial report, with revenue increasing by 50% year-on-year and net profit nearly doubling, with backlog orders reaching a record high. However, stock sales by directors and market concerns about high valuations put pressure on the stock price. Source: Zhitong Finance

2. On July 29, management projected same-store revenue growth in the mid-to-high 30% range for the full year 2026, supporting strong growth momentum. Despite execution risks, investors remain optimistic about its growth potential. Source: Wall Street Insights

3. On July 28, Goldman Sachs initiated coverage on the stock with a buy rating and a target price of $2,159, believing it has good exposure in the AI data center construction sector. Source: Jinshi Data Industry growth is strong, with a focus on valuation risks.

Mastec rose 11.86%. Based on recent news,

1. On July 31, MasTec announced the appointment of Alex Spiro as a Class III director on the board. Spiro has over ten years of experience in corporate governance, securities issues, complex litigation, and strategic transactions, and this appointment has enhanced investor confidence in the company's management, driving the stock price up.

2. On July 30, MasTec reported continued strong performance in its core business of renewable energy engineering and construction services, further solidifying market expectations for its business growth, resulting in an increase in stock price.

3. On July 29, MasTec announced a cash dividend of $1.50 per share, which attracted more investor attention, leading to a rise in stock price. The overall industry performed strongly, with significant capital inflows.

Stocks ranked among the top in industry market capitalization

Ferrovial SE rose 3.91%. Based on recent key news:

1. On July 28, Ferrovial reported its performance for the first half of 2026, with adjusted EBITDA growing by 21.6% to €746 million, revenue increasing by 11.3% to €4.7 billion, and net profit at €258 million. Strong financial performance drove the stock price up. Source: Reuters

2. On July 29, Ferrovial excelled in North American highway projects, with a healthy order volume, further solidifying its industry leadership. This news boosted market confidence, leading to an increase in stock price. Source: Ferrovial

3. On July 29, Barclays analyst Pierre Rousseau maintained a buy rating on Ferrovial with a target price of €66. The analyst's positive assessment provided support for the stock price. Source: Barclays The global infrastructure industry performed strongly, with significant capital inflows