U.S. Stock Market Midday Update: So-Young Technology up 7.61%

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2025.08.12 15:57
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So-Young rose 7.61%; Meta rose 2.94%, with a transaction volume of USD 5.967 billion; Google-A rose 1.10%, with a transaction volume of USD 2.976 billion; Google-C rose 1.17%, with a transaction volume of USD 1.817 billion; Reddit rose 2.85%, with a market capitalization of USD 42.5 billion

U.S. Stock Market Midday Update

So-Young rose by 7.61%, with increased trading volume. Based on recent important news:

  1. On July 15, Citigroup analysts upgraded So-Young's rating to "Buy," significantly raising the target price to $5.50, driving the stock price up.

  2. On July 15, the company's chain business showed good growth, becoming a market focus.

  3. On July 15, professionals pointed out that the company's development direction is clear, enhancing investor confidence.

Stocks with High Trading Volume in the Industry

Meta rose by 2.94%, with a trading volume of $5.967 billion. Based on recent important news:

  1. On August 11, a Bank of America survey showed that large tech stocks like Meta regained investor favor due to strong performance, driving the stock price up.

  2. On August 10, Jinglin Asset listed Meta as its largest holding, with a position ratio of 25.46%, boosting market confidence.

  3. On August 9, Meta completed $29 billion in data center financing, demonstrating its expansion potential in the AI infrastructure sector.

Google-A rose by 1.10%, with increased trading volume. Based on recent important news:

  1. On August 12, AI startup Perplexity made an offer to acquire Google Chrome for $34.5 billion, driving the stock price up by 0.9%.

  2. On August 11, Google search volume continued to grow, especially among Generation Z users, boosting advertising revenue.

  3. On August 11, Google announced a $70 billion stock buyback plan, enhancing market confidence.

Google-C rose by 1.17%, with increased trading volume. Based on recent important news:

  1. On August 12, Perplexity AI made an offer to acquire Google Chrome for $34.5 billion, driving the stock price up by 0.9%.

  2. On August 11, Google AI product user growth was significant, with advertising revenue climbing, and quarterly revenue year-on-year growth reaching 12%.

  3. On August 11, GPT-5 was released, with broad prospects for AI applications, benefiting companies like Google.

Stocks with High Market Capitalization in the Industry

Reddit rose by 2.85%, with a market capitalization of $42.5 billion. Based on recent important news:

  1. On August 10, Reddit reported its most profitable quarter ever, driving the stock price up.

  2. On August 11, Reddit faced a class-action lawsuit, raising investor concerns about potential legal risks.

  3. On August 12, the controversy surrounding Reddit due to API changes continued to escalate, affecting market confidence