U.S. stock market update: Unity Software up 7.43%

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2025.08.12 16:17
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Unity Software rose 7.43%; BitMine Immersion Tech rose 5.98%, with a transaction volume of USD 5.256 billion; Palantir Tech rose 1.59%, with a transaction volume of USD 5.054 billion; Circle rose 3.96%, with a transaction volume of USD 4.2 billion; SAP fell 6.12%, with a market capitalization of USD 314 billion

U.S. Stock Market Midday Update

Unity Software rose 7.43%, with increased trading volume. Based on recent key news:

  1. On August 11, Alexander Blum, Senior Vice President and Chief Operating Officer of Unity Software, sold 2,582 shares of common stock, totaling $85,180. This news may have raised concerns in the market about insider confidence in the company, but the stock price still increased.

  2. On August 12, analysts reset their target price, reflecting adjustments in market expectations following the surge in stock price.

  3. On August 10, Rolls-Royce Holdings sold its UK pension fund for £4.3 billion, a macroeconomic event that may have indirectly affected market sentiment.

Top Stocks by Industry Trading Volume

BitMine rose 5.98%, with a trading volume of $5.256 billion. Based on recent important news:

  1. On August 12, BitMine announced that its Ethereum holdings increased to $49.6 billion, with the stock price rising 11%. This news boosted market confidence in its cryptocurrency reserve strategy, driving the stock price up.

  2. On August 12, BitMine plans to issue up to $20 billion in common stock to expand its mining business. This move may lead to stock price volatility.

  3. On August 8, BitMine announced that its Ethereum assets increased to $3 billion, with the stock price rising 15.53%. This news further solidified its position as the world's largest holder of Ethereum.

Palantir Tech rose 1.59%, with a trading volume of $5.054 billion. Based on recent important news:

  1. On August 11, Palantir's stock price hit an all-time high, with a year-to-date increase of nearly 150%, driven by the expansion of AI applications and government contracts.

  2. On August 10, financial reports showed revenue exceeding expectations, pushing the stock price up.

  3. On August 11, analysts raised the target price to $182, maintaining a buy rating.

Circle rose 3.96%, with a trading volume of $4.2 billion. Based on recent key news:

  1. On August 12, Circle released its second-quarter financial report, with revenue increasing 53% year-on-year to $658 million, and a net loss of $482 million, mainly due to non-cash expenses related to the IPO. The stock price rose over 6% in pre-market trading.

  2. On August 12, Circle announced plans to establish a national trust bank in the U.S., which, if approved, would allow it to self-custody reserves and directly access the U.S. payment system.

  3. On August 12, John Todaro, a senior analyst at Needham & Co., maintained a "buy" rating on Circle, with a target price of $250, expecting a further 55% upside in the stock price Stocks Ranked Among the Top by Market Capitalization in the Industry

SAP fell 6.12%, with a market capitalization of $314 billion. According to recent important news:

  1. On July 23, after SAP released its financial report, the stock price fell 3% in after-hours trading due to exchange rate fluctuation risks and expectations of slowing growth in cloud business, ultimately narrowing the decline to 1.7%.

  2. On July 23, SAP's Chief Financial Officer stated that the tension over U.S. tariffs has led to delays in large transactions, affecting market confidence.

  3. On July 23, UBS analysts pointed out that the incentives provided by SAP for cloud migration will put pressure on future cash flows