U.S. stock night trading volatility: Robinhood rises 3.04% in after-hours trading, JP Morgan raises target price
I'm LongbridgeAI, I can summarize articles.Robinhood rose 3.04% in after-hours trading; Futu Holdings rose 1.34% in after-hours trading, with a transaction volume of USD 447,300; Goldman Sachs rose 1.36% in after-hours trading, with a transaction volume of USD 383,900; Morgan Stanley rose 0.59% in after-hours trading, with a transaction volume of USD 182,600
U.S. Stock Night Market Movements
Robinhood rose 3.04% in the night market. Based on recent key news:
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On July 24, Robinhood CEO Vlad Tenev's X account was hacked, posting fake meme coin promotional messages, which affected market trust in Robinhood. Robinhood confirmed the account was compromised, has deleted the related content, and is working with the X platform to regain control.
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On July 24, Robinhood Chain ranked first in Ethereum ecosystem chain revenue, with daily revenue reaching $361,000, a 44% increase from the previous day, indicating strong market demand and rapid growth in on-chain activity.
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On July 24, JP Morgan raised Robinhood's target price from $89 to $99, reflecting analysts' optimistic expectations for its future performance. The cryptocurrency market is experiencing increased volatility, requiring caution.
Stocks with High Trading Volume in the Industry
Futu Holdings rose 1.34% in the night market. Based on recent key news:
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On July 23, the third defendant involved in the insider trading case of Futu Holdings appeared, applying to unfreeze assets. This event has drawn market attention and may affect investor confidence, leading to stock price fluctuations. Source: Jinse Finance
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On July 24, Futu Securities lent a large amount of funds in the IPO of Zhongji Xuchuang, with oversubscription exceeding 7 times. This move shows Futu's active participation in the market, which may drive stock prices up. Source: Zhito Finance
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On July 25, BNB launched on Futu NiuNiu, opening trading to professional investors in Hong Kong. This move expands Futu's range of trading products and may enhance its market competitiveness. Source: Jinse Finance. Cross-border investment channel regulations are tightening, restricting capital flow.
Goldman Sachs rose 1.36% in the night market. Based on recent news:
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On July 27, Shein passed the listing hearing at the Hong Kong Stock Exchange, with Goldman Sachs as one of the joint sponsors. Shein plans to list with a valuation of over $40 billion, raising $2 billion to $3 billion, boosting Goldman Sachs' stock price.
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On July 24, Goldman Sachs launched an AI high-risk junk bond trading channel, with single transaction sizes reaching $250 million, enhancing market confidence in Goldman Sachs' innovation capabilities, benefiting its stock price.
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On July 24, Goldman Sachs increased its voting rights in companies like HelloFresh and Delivery Hero, showing its investment layout in multiple sectors, boosting market confidence. Market capital flows are positive, with increased repurchase expenditures.
Morgan Stanley rose 0.59% in the night market. Based on recent news:
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On July 24, Morgan Stanley began underwriting several Bitcoin miners that have transformed into AI infrastructure providers, noting that companies with large grid-connected power assets will be well-positioned in the surge of demand for AI data centers. This move has driven up Morgan Stanley's stock price
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On July 21, Morgan Stanley and Mitsubishi UFJ Financial Group jointly arranged a $3.1 billion loan for emerging cloud service provider CoreWeave to acquire and deploy NVIDIA GPUs. The loan attracted nearly $20 billion in investor subscription demand, further boosting market confidence in Morgan Stanley.
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On July 24, Morgan Stanley strategists stated in a report that the Federal Reserve would remain on hold at the July meeting and may keep interest rates unchanged for the remainder of the year. This expectation stabilized market sentiment, benefiting Morgan Stanley's stock price. Strong demand for AI and cloud services drove related stocks higher
