U.S. stock market update: BTCS down 7.04%

U.S. Stock Market Midday Update

BTCS fell 7.04%, with increased trading volume. Based on recent important news:

1. On July 30, BTCS submitted a resale prospectus for 5.01 million shares of common stock, leading to a 2.4% drop in after-hours trading.

2. On July 30, BTCS plans to raise $2 billion through stock sales to expand its cryptocurrency portfolio, raising market concerns.

3. On July 30, BTCS held approximately $2.653 million in Ethereum and plans to increase its ETH holdings, but the market reacted poorly.

Stocks with High Trading Volume in the Industry

Palantir Tech fell 0.21%, with a trading volume of $5.611 billion. Based on recent important news:

1. On July 29, the U.S. Department of Defense tested Microsoft's artificial intelligence, causing Palantir's stock price to drop.

2. On July 30, analysts expressed concerns about Palantir's high valuation, believing its stock price could fall by 32.68%.

3. On July 31, Palantir's stock price slightly retreated after reaching a new high, with the market having high expectations for its upcoming earnings report.

Figma rose 225.76%, with a trading volume of $4.179 billion. Based on recent key news:

1. On July 31, Figma went public on the New York Stock Exchange, pricing its IPO at $33 per share, opening at $85, and more than doubling on its first day, showing strong market demand for its stock.

2. On August 1, Figma's first-day listing triggered a trading halt, currently up over 240%, at $112.77, further driving up its stock price.

3. On July 31, Figma successfully raised $1.22 billion, with 30 times oversubscription, demonstrating strong market demand and boosting investor confidence.

Strategy rose 2.44%, with increased trading volume. Based on recent important news:

1. On July 29, Strategy completed a $2.52 billion IPO, raising funds to purchase 21,021 Bitcoins, pushing its stock price up by 2.44%.

2. On July 30, Strategy announced its Bitcoin holdings increased to 628,791 coins, with a positive market reaction.

3. On July 31, founder Michael Saylor stated that the earnings call is the most important event in the company's history, raising market expectations.

Stocks with High Market Capitalization in the Industry

SAP fell 1.00%, with increased trading volume. Based on recent key news:

1. On July 29, SAP announced a buyback of 389,780 shares at an average price of $249.76. This move is typically seen as a sign of the company's confidence in its own stock, but it failed to boost the stock price, which instead fell by 1%

2. On July 31, Microsoft and Meta saw a significant increase in market capitalization in after-hours trading, surpassing SAP's market capitalization, leading to decreased market attention on SAP and putting pressure on its stock price.

3. On July 29, enterprise software stocks showed mixed performance, with SAP falling 1.8%, reflecting a lack of confidence in the industry, further dragging down SAP's stock price