U.S. stock market update: SoFi Tech down 3.55%

U.S. Stock Market Midday Update

SoFi Tech, down 3.55%, with increased trading volume. Based on recent important news:

1. On July 30, SoFi announced the issuance of approximately 71.94 million shares of common stock at a price of $20.85 per share, raising about $1.5 billion, leading to a 7.7% drop in stock price.

2. On July 30, SoFi's stock fell 7.8% in pre-market trading after the announcement of the stock issuance pricing.

3. On July 30, SoFi's stock rose after exceeding expectations in Q2 earnings but subsequently fell back due to the stock issuance news.

Stocks with High Trading Volume in the Industry

Upstart rose 5.59%, with increased trading volume. Based on recent important news:

1. On July 29, investors with significant capital held a bullish outlook on Upstart, with 44% of investors opening bullish positions in options trading, driving the stock price up 5.59%.

2. On July 28, market sentiment towards Upstart became more bullish, leading to a significant increase in trading volume.

3. On July 28, a stable macroeconomic environment and increased investor confidence further supported the rise in stock price.

American Express fell 0.73%, with increased trading volume. Based on recent important news:

1. On July 28, Citibank launched a new high-end credit card, Strata Elite, competing with American Express in the high-net-worth client market, potentially affecting American Express's market share, leading to a drop in stock price.

2. On July 29, the U.S. Department of Justice dropped its lawsuit to block American Express's acquisition of CWT Holdings, eliminating regulatory uncertainty but failing to boost the stock price.

3. On July 29, American Express partnered with Navan to launch a virtual card service aimed at enhancing customer experience, but it did not significantly impact the stock price.

First Capital Financial rose 0.96%, with increased trading volume. Based on recent important news:

1. On July 29, First Capital Financial announced a quarterly dividend of $0.60 per share, maintaining stability and boosting investor confidence, leading to a 0.96% rise in stock price.

2. On July 29, NewtekOne and First Capital Financial revised their credit line, expanding it to $100 million and extending it for two years, promoting the rise in stock price.

3. On July 28, analysts estimated that First Capital Financial's integration expenses would not exceed $3 billion, maintaining a "Hold" rating, stabilizing the stock price.

Stocks with High Market Capitalization in the Industry

Synchrony Financial rose 0.06%, with a market capitalization of $26.5 billion and increased trading volume. Based on recent important news:

1. On July 29, Synchrony Financial released its latest financial information through the EDGAR system, enhancing investor confidence, leading to a slight increase in stock price

2. On July 28th, MarketBeat reported that although Synchrony Financial has a moderate buy rating, it was not listed as a recommended stock by top analysts, affecting market expectations.

3. On July 28th, banking regulatory authorities suggested optimizing the performance evaluation system, which may impact the long-term development strategies of financial institutions