U.S. stock market update: Bolt Projects down 8.72%

U.S. Stock Market Midday Update

Bolt Projects fell 8.72%, with increased trading volume. Based on recent important news:

1. On August 23, Bolt Projects Holdings submitted a prospectus for the sale of 913,979 shares of common stock, leading to increased selling pressure on the company's stock and a price drop of 8.72%.

2. On August 23, shareholders of Bolt Projects Holdings planned to sell a large number of shares, further exacerbating the selling pressure on the company's stock.

3. On August 25, the overall optimistic sentiment in the Chinese stock market failed to offset company-specific negative news, causing the stock price to remain under pressure.

Stocks with High Trading Volume in the Industry

Dow Chemical fell 1.87%, with increased trading volume. Based on recent key news:

1. On July 24, Dow Chemical announced a reduction of approximately $1 billion in capital expenditures for 2025, raising market concerns about the company's future growth, leading to a decline in stock price.

2. On July 23, Hengli Petrochemical had a block trade of 12.6 million shares, with a transaction value of 200 million yuan, accounting for 19.43% of the total trading volume that day, negatively impacting market sentiment.

3. On July 29, Microchip Technology had a block trade of 1.8994 million shares, with a transaction value of 58.1216 million yuan, accounting for 3.75% of the total trading volume that day, at a discount of 20.25%, raising market concerns about the related industry.

LyondellBasell Industries fell 2.10%, with increased trading volume. Based on recent important news:

1. On August 23, LyondellBasell Industries faced macroeconomic uncertainties and cash flow issues, increasing the likelihood of a dividend cut, with a hold rating, leading to a 2.10% drop in stock price.

2. On August 22, there was a surge in demand for ultra-low-cost smartphones in the African market, with significant growth for companies like Transsion and Xiaomi, but with no direct connection to LyondellBasell.

3. No other related events.

Westlake fell 3.26%, with increased trading volume. Based on recent key news:

1. On August 24, MarketBeat noted that Westlake was not recommended by top analysts, despite its rating being a moderate buy. This led to a decline in investor confidence, resulting in a 3.26% drop in stock price.

2. On August 25, China Three Gorges Life Insurance Co., Ltd. completed an industrial change, nearly doubling its registered capital. This industry dynamic may have an indirect impact on Westlake's market performance.

Stocks with High Market Capitalization in the Industry

Cabot fell 1.43%, with increased trading volume. Based on recent important news:

1. On August 4, a block trade occurred for Kemet Corporation at a discount of 11.08%, leading to a decline in market confidence for related stocks, causing Cabot's stock price to drop 1.43%

2. On August 22, Huatai Securities predicted that the Federal Reserve would cut interest rates, increasing market concerns about the economic outlook, which affected Cabot's stock price.

3. On August 25, Citigroup raised the target price for Times Electric, and market funds flowed to other stocks, putting pressure on Cabot's stock price