U.S. stock market midday update: So-Young fell 9.61%

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2025.08.15 14:38
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So-Young fell 9.61%; Meta rose 1.43%, with a transaction volume of USD 3.322 billion; Google-A rose 1.53%, with a transaction volume of USD 1.853 billion; Google-C rose 1.55%, with a transaction volume of USD 1.305 billion; Reddit fell 0.61%, with a market value of USD 45.3 billion

U.S. Stock Market Midday Update

So-Young fell 9.61%. Based on recent important news:

  1. On August 15, So-Young announced its second-quarter financial report, with revenue down 7% year-on-year and an ADS loss of 0.35 yuan, causing the stock price to drop over 10% in pre-market trading.

  2. On August 15, analysts expected So-Young's revenue to decline by 11.1%, but maintained a "Strong Buy" rating, and the stock price failed to hold.

  3. On August 13, market expectations for So-Young's poor financial report led to a decline in investor sentiment.

Stocks with High Trading Volume in the Industry

Meta rose 1.43%, with increased trading volume. Based on recent important news:

  1. On August 14, Meta's market capitalization surpassed $2 trillion for the first time, reflecting market confidence in its growth potential, leading to a rise in stock price.

  2. On August 13, Meta approached a $2 trillion market cap, driven by positive Q2 financial report, with the stock price continuing to rise.

  3. On August 14, Meta benefited from advancements in AI technology, with the stock price reaching an all-time high.

Google-A rose 1.53%, with a trading volume of $1.853 billion. Based on recent important news:

  1. On August 12, Perplexity AI proposed a $34.5 billion acquisition of Google Chrome, leading to a reassessment of the value of Google's other businesses, with the stock price rising 1.2%.

  2. On August 15, Tiger Global Management increased its stake in Alphabet by 3.1%, showing confidence in Google's future growth, further boosting the stock price.

  3. On August 14, Google announced a $9 billion investment in Oklahoma to expand AI and cloud infrastructure, enhancing market confidence in its technological leadership.

Google-C rose 1.55%, with increased trading volume. Based on recent important news:

  1. On August 12, Perplexity AI proposed a $34.5 billion acquisition of Google Chrome, raising doubts about Google's valuation, with the stock price rising 1.2%.

  2. On August 15, Tiger Global increased its stake in Google's parent company Alphabet by 3.1%, leading to a rise in stock price.

  3. On August 14, Google announced a $9 billion investment in Oklahoma to expand AI and cloud infrastructure, boosting market confidence.

Stocks with High Market Capitalization in the Industry

Reddit fell 0.61%, with increased trading volume. Based on recent key news:

  1. On August 12, Reddit faced a class-action lawsuit, raising investor concerns about the company's prospects, leading to a drop in stock price.

  2. On August 14, market analysts did not list Reddit as a recommended stock, affecting investor confidence.

  3. On August 15, Tiger Global Management increased its stake in Reddit, but failed to boost the stock price