U.S. stock night market fluctuations: IREN rose 3.09% in the night market: Microsoft project delivery landed, and implied volatility of options surged
I'm LongbridgeAI, I can summarize articles.IREN rose 3.09% in the night session; Strategy rose 1.50%, with a trading volume of USD 15.87 million; Palantir Tech fell 0.17% in the night session, with a trading volume of USD 11.14 million; Circle rose 0.74% in the night session, with a trading volume of USD 7.73 million
U.S. Stock Night Market Movements
IREN rose 3.09% in the night market. Based on recent key news:
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On August 14, IREN confirmed that its first artificial intelligence cloud installation project has been delivered and accepted by Microsoft. The project, named Horizon 1, is the first of four 50-megawatt projects planned for deployment in Childress, Texas. This news drove IREN's stock price up by about 5%.
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On August 16, IREN began to profit from its deal with Microsoft, which will reduce its reliance on issuing corporate bonds. This news further enhanced market confidence in IREN.
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On August 17, the options market indicated that IREN's volatility would increase, with expectations of a potential double-digit price increase after the earnings report on August 27. The implied volatility for the options expiration dates was 88% and 109%, respectively. Industry competition is intensifying, and the options market is highly volatile.
Stocks with High Trading Volume in the Industry
Strategy rose 1.50% in the night market. Based on recent key news:
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On August 14, MSCI proposed to remove Strategy from the global index, which could lead to approximately $2.8 billion in passive fund outflows. This news raised market concerns, causing stock price fluctuations.
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On August 16, Strategy founder Michael Saylor stated that the company's digital credit tools are outperforming Bitcoin, and financial engineering can reduce downside risks. This statement boosted market confidence and drove the stock price up.
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On August 15, MicroStrategy CEO PhongLe predicted that the cryptocurrency market would rebound in the fall, but the company's recent asset disposal actions triggered a deeper interpretation of its true intentions, affecting stock price fluctuations. Macroeconomic stability has improved, and geopolitical tensions have eased.
Palantir Tech fell 0.17% in the night market. Based on recent key news:
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On August 14, Palantir Technologies raised its annual revenue forecast, expecting annual revenue to be between $8.15 billion and $8.16 billion, an upward adjustment from previous expectations. This news drove the stock price up, but it subsequently experienced a pullback.
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On August 14, Mubadala Investment Company of the UAE increased its holdings of Palantir Class A shares by 40.4% to 95,656 shares. This increase demonstrates institutional investors' confidence in the company but failed to prevent short-term stock price fluctuations.
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On August 14, analysts rated Palantir as "Moderate Buy," with an average target price of $197.89, indicating a 10.6% upside potential from current levels. Despite the positive rating, the market expressed concerns about its high valuation and lack of international growth. The overall industry performance is strong, supported by macroeconomic data Circle rose 0.74% in after-hours trading. Based on recent key news:
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On August 14, TD Cowen raised Circle's target price from $82 to $87, maintaining a "Buy" rating. Analysts pointed out that the company achieved a profit turnaround in the second quarter and obtained a national trust license, with KIC also making its first investment, all of which supported its stock price.
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On August 15, Circle issued approximately 5.4 billion USDC and redeemed about 5.3 billion USDC, increasing the circulation by approximately 100 million coins. The total circulation reached 7.19 billion coins, with reserves of about $7.26 billion.
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On August 17, Circle transferred approximately $4.4 billion USDC to Coinbase via the AQAv2 mechanism on HyperEVM, setting a record for the largest single USDC transfer on HyperEVM. The stablecoin market size is expected to grow significantly
