U.S. Stock Market Midday Update

Ohmyhome fell 10.70%, with increased trading volume. Based on recent key news:

1. On June 29, Ohmyhome's founder stated that the company will continue to be managed by the existing leadership team and will not conduct layoffs. Nevertheless, the market remains skeptical about the company's future development, leading to a significant drop in stock price.

2. On June 28, after Ohmyhome went public on NASDAQ, concerns arose regarding its business model and profitability, prompting investors to sell off shares, further exacerbating the decline in stock price.

3. On June 27, Ohmyhome's founder previously worked in the Hong Kong entertainment industry before transitioning to real estate and founding Ohmyhome. Although the company has some influence in the Singapore real estate market, investors are worried about its prospects in the U.S. market, putting pressure on the stock price. The overall performance of the real estate industry has been weak recently, leading to low investor sentiment.

Top Stocks by Industry Trading Volume

Opendoor Tech rose 1.85%, with a trading volume of $275 million, and increased trading volume, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Compass rose 1.00%, with a trading volume of $905.8 million, and increased trading volume, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

CBRE Group fell 1.35%. Based on recent key news:

1. On June 29, CBRE Group announced that it will release its second-quarter financial results on July 29 and hold a conference call to discuss the earnings report. The market expects its earnings per share to be $1.50, with revenue expected to benefit from strong momentum in infrastructure services and transaction activities. This news may trigger investor attention on the company's mid-term development, leading to stock price fluctuations.

2. On June 29, CBRE Group was appointed as the exclusive agent by the owner to simultaneously sell two full properties located in the core urban area. These properties have redevelopment or value-add potential, attracting market attention, which may impact the stock price.

3. On June 30, CBRE Investment Management LLC released content emphasizing strong market interest in unique investment opportunities, which may drive long-term capital appreciation. Such news may affect investor sentiment, leading to stock price fluctuations. The commercial real estate market is active, and investors are paying attention.

Top Stocks by Industry Market Capitalization

Beike rose 0.14%, with increased trading volume. Based on recent key news:

1. On June 26, Beike spent $5 million to repurchase 1.06 million shares at a price of $4.61-4.75 per share. This move demonstrates the company's confidence in its own value, driving the stock price up

2. On June 29, Beike repurchased 1,029,800 shares at a cost of $4,999,970, with a repurchase price of $4.82-$4.89 per share. The continuous repurchase actions further boosted market confidence, and the stock price continued to rise.

3. On June 30, Beike announced the granting of a total of 7,025,385 restricted stock units to 649 employees under the 2020 stock incentive plan. This move may enhance employee motivation and be beneficial for the company's long-term development. The real estate industry has recently shown signs of recovery, with significant capital inflows