U.S. stock market update: Oscar Health up 4.02%

U.S. Stock Market Midday Update

Oscar Health rose 4.02%, with increased trading volume. Based on recent important news:

1. On August 6, Oscar Health's second-quarter financial report showed a GAAP earnings per share of -$0.89, below expectations, with revenue of $2.86 billion, lower than the expected $2.91 billion, leading to heightened market concerns about its profitability.

2. On August 6, Oscar Health reported an adjusted EBITDA loss of $199.4 million, compared to a positive EBITDA of $104.1 million in the same period last year, indicating a significant decline in the company's profitability.

3. On August 5, Oscar Health faced downgrades from multiple investment banks, with target prices reduced from the $20 range to $10-$14, reflecting the market's conservative attitude towards its short-term profitability and policy risks.

Stocks with High Trading Volume in the Industry

Prudential Financial rose 2.78%, with a trading volume of $165 million. Based on recent key news:

1. On August 5, Prudential Financial reported its second-quarter earnings, with an adjusted earnings per share of $1.78, exceeding analysts' expectations of $1.70, driving the stock price up 2.78%.

2. On August 5, the company announced a quarterly dividend increase of 16% to $0.58 per share, boosting investor confidence.

3. On August 5, the company disclosed total revenue of $4.2 billion, which, despite a year-on-year decline, still exceeded market expectations.

MetLife rose 1.01%, with increased trading volume. Based on recent important news:

1. On August 5, MetLife projected earnings per share of $2.15, exceeding market expectations, which drove the stock price up.

2. On August 4, analysts rated MetLife as "Moderate Buy," but it was not included in the top recommended stocks list, affecting market confidence.

3. On August 4, historical data showed that MetLife outperformed its peers after earnings reports, enhancing investor confidence.

Prudential Financial rose 0.86%, with increased trading volume. Based on recent important news:

1. On August 5, Prudential Financial announced a quarterly dividend of $1.35 per share, leading to a 0.86% increase in stock price.

2. On August 6, the dividend news further boosted market sentiment, with significant increases in trading volume.

3. On August 6, market confidence in Prudential Financial increased, driving the stock price up.

Stocks with High Market Capitalization in the Industry

Manulife Financial rose 1.36%, with increased trading volume. Based on recent key news:

1. On August 6, Manulife Financial is set to release its quarterly financial report, with analysts expecting earnings per share of $0.71. Investors are anticipating the company to exceed expectations and provide optimistic future growth guidance, driving the stock price up

2. On August 6, Manulife John Hancock Investment Company launched the John Hancock Disciplined Value Select ETF in Boston, marking a significant advancement in the financial sector and boosting market confidence.

3. On August 4, the transaction volume of residential properties in Hong Kong exceeded 5,000 for five consecutive months, indicating a stable recovery in the market and driving up related financial stocks