U.S. stock market update: HWH down 9.08%

U.S. Stock Market Midday Update

Stocks with High Trading Volume in the Industry

Google-A rose 0.46%, with increased trading volume. Based on recent key news:

1. On September 3, Google avoided a breakup in the antitrust case, and its stock price rose by 6.7%. JP Morgan raised the target price to $260, expecting a 23% upside.

2. On September 4, Google's stock price increased by 9.14% due to a court ruling, adding approximately $210 billion to its market capitalization.

3. On September 5, Google maintained its search leadership due to the expansion of AI search features and the Gemini application. Market sentiment improved, and technical indicators became overbought.

Meta rose 0.34%, with increased trading volume. Based on recent important news:

1. On September 4, Meta's stock price rose by 1.6% due to a court ruling and positive AI prospects. The court ruling eased regulatory pressure on large tech companies, and the potential in the AI field gained high market recognition, boosting investor confidence.

2. On September 4, Meta planned to update its full-year performance guidance to reflect trading impacts, rising 1.4% in pre-market trading. This move indicates the company's optimistic outlook for future performance, further boosting market confidence.

3. On September 3, Meta planned to launch a new type of smart glasses priced below market expectations, with its stock price rising by 1.8%. The launch of new products signifies the company's innovative capabilities in the consumer electronics sector. Tech stocks were boosted by AI prospects, and market confidence rebounded.

Google-C rose 0.40%, with a trading volume of $3.921 billion. Based on recent important news:

1. On September 3, a U.S. court ruled that Google does not need to divest its Chrome browser, leading to a post-market surge of 7.8%. This ruling alleviated investor concerns about Google's core business segment, driving the stock price up. Data source: Reuters.

2. On September 4, Google's stock price rose by 9.14%, adding $234 billion to its market capitalization. The overall outcome of the antitrust case was favorable for Google, enhancing investor confidence. Data source: Zhitong Finance.

3. On September 4, Google Class C shares reached an all-time high, with the stock price recovering to 2014 levels. This stock performance reflects the market's optimistic expectations for Google's long-term growth potential. Data source: Zhitong Finance. Tech stocks are strong, with attention on the Federal Reserve's interest rate cut expectations.

Stocks with High Market Capitalization in the Industry

Reddit rose 2.15%, with a market capitalization of $44.4 billion. Based on recent important news:

1. On September 4, Reddit released a strong Q2 financial report, with earnings and revenue exceeding expectations, and provided an optimistic future outlook, driving the stock price up. Data source: PUBT.

2. On September 3, CEO Steve Ladd Huffman sold common stock in the company, which may raise market concerns about internal confidence. Data source: EDGAR On September 2nd, CFO Andrew Vollero sold 30,000 shares of common stock for a total amount of $6,542,556, which may exert short-term pressure on the stock price. Data source: EDGAR. Technology stocks performed strongly overall, and market sentiment is optimistic