U.S. stock market midday update: Terawulf up 7.19%

U.S. Stock Market Midday Update

Terawulf, up 7.19%, with increased trading volume. Based on recent key news:

1. On July 29, a block trade occurred for Kaiwei Technology at a transaction price of 32 yuan, at a discount of 13.65%, with 63,000 shares traded, totaling 2.016 million yuan. This transaction indicates a lack of market confidence in the stock, leading to price volatility.

2. On July 30, Tongfu Microelectronics had a block trade of 2.51 million shares, with a transaction amount of 62.9257 million yuan, at a discount of 10.08%. The discounted block trade negatively impacted market sentiment.

3. On July 31, Longqi Technology had a block trade of 4.9982 million shares, with a transaction amount of 180 million yuan, at a discount of 9.12%. The discounted block trade further exacerbated market uncertainty.

Stocks with High Trading Volume in the Industry

Palantir Tech, down 0.12%, with increased trading volume. Based on recent important news:

1. On July 29, the U.S. Department of Defense tested Microsoft's artificial intelligence, leading to a decline in Palantir's stock price.

2. On July 30, analysts rated Palantir as a hold, believing other stocks have more investment value.

3. On July 31, Palantir's stock price increased by 489% over the past 12 months but faces valuation pressure.

Strategy, up 3.78%, with a trading volume of 2.269 billion. Based on recent important news:

1. On July 30, Strategy completed a $2.52 billion IPO, becoming the largest IPO in the U.S. in 2025, with funds raised to purchase 21,021 bitcoins, causing the stock price to rise by 3.78%.

2. On July 30, Strategy announced its bitcoin holdings increased to 628,791 coins, with unrealized profits reaching $28.18 billion, receiving a positive market response.

3. On July 29, TD Cowen maintained a "buy" rating on Strategy with a target price of $680, boosting investor confidence.

AppLovin, up 7.68%, with increased trading volume. Based on recent important news:

1. On August 1, Microsoft's strong quarterly performance fueled optimism for high-growth stocks like AppLovin, driving the stock price up.

2. On July 31, market expectations suggested that AppLovin might be included in the S&P 500 index, enhancing investor confidence.

3. On July 30, AppLovin's AI-driven advertising engine Axon was seen as a key to growth, strengthening market expectations for its future growth.

Stocks with High Market Capitalization in the Industry

SAP, down 1.22%, with a market capitalization of $334.2 billion. Based on recent important news:

1. On July 29, SAP announced the repurchase of 389,780 shares at an average price of $249.76. This move failed to boost market confidence, and the stock price fell by 1.8%.

2. On July 31, MSFT and META's market capitalization growth surpassed that of SAP, raising concerns in the market about SAP's growth potential, leading to a decline in its stock price.

3. On July 29, large-cap stocks like SAP performed poorly in the European stock market, averaging a decline of 7%, which dragged down SAP's stock price