U.S. stock market update: BR Advisory Partners Participacoes SA down 10.77%

U.S. Stock Market Midday Update

Stocks with High Trading Volume in the Industry

Robinhood rose 0.67%, with increased trading volume. Based on recent key news:

1. On September 23, Piper Sandler raised Robinhood's target price from $120 to $140, expecting profits to increase in 2025 and 2026 due to better-than-expected trading volume in the third quarter and increased customer loan interest income. This news drove the stock price up by about 0.6%. Data source: Piper Sandler.

2. On September 22, Robinhood was included in the S&P 500 Growth Index, a significant event marking an important turning point in the company's development, boosting market confidence in it. Data source: S&P.

3. On September 24, Citigroup raised Robinhood's target price from $120 to $135, maintaining a "Neutral" rating, reflecting optimistic market expectations for its future performance. Data source: Citigroup. The industry trend is positive, with significant increases in trading volume.

Goldman Sachs fell 1.16%, with increased trading volume. According to recent important news:

1. On September 24, Goldman Sachs reported that the U.S. dollar may further depreciate in the coming months due to poor economic and market performance affecting its high valuation. This news may lead to a decline in investor confidence in Goldman Sachs, putting pressure on its stock price.

2. On September 23, Goldman Sachs stated in a research report that hedge funds have been rushing into banks, insurance, and consumer finance companies at the fastest pace in three months, as increased trading activity raises profit expectations; however, Goldman Sachs has not become a major investment target, which may affect its market performance.

3. On September 22, Goldman Sachs raised its year-end target for the S&P 500 Index to 6,800 points, based on the Federal Reserve's dovish stance and strong corporate earnings, but there was no significant increase in market expectations for Goldman Sachs' own profits, leading to stock price volatility. The expectation of dollar depreciation affects market confidence.

Futu Holdings rose 6.04%. Based on recent important news:

1. On September 24, JP Morgan reiterated its "Overweight" rating on Futu Holdings, with a target price of $270, believing that the tightening of account opening policies for mainland customers has limited impact, with an expected stock price increase probability of 70-80%. This news boosted Futu's stock price. Data source: Gelonghui.

2. On September 23, Futu Securities and Tiger Brokers further closed the account opening channels for mainland Chinese residents, requiring holders of overseas permanent residency identification. This move has attracted market attention and may affect future customer growth. Data source: Yicai.

3. On September 22, Futu Securities upgraded its system, temporarily only supporting account openings for customers with Hong Kong or Macau ID cards, and after the upgrade is completed, mainland ID cards along with overseas permanent residency proof can be used for account opening. This policy adjustment may affect the number of account openings in the short term. Data source: Yicai. The Hong Kong Stock Connect investment channel is under attention Stocks Ranked Among the Top by Market Capitalization in the Industry

Morgan Stanley fell 1.45%. According to recent key news:

1. On September 23, Morgan Stanley announced a partnership with Zero Hash to provide cryptocurrency services for E*Trade clients. This move marks Morgan Stanley's strategic expansion in the digital asset space, potentially sparking market expectations for its future earnings and leading to stock price fluctuations.

2. On September 24, Morgan Stanley plans to launch a cryptocurrency asset allocation strategy, advising clients to keep the proportion of cryptocurrency in their portfolios between zero and a few percent. This strategy may affect investor confidence in Morgan Stanley, leading to stock price fluctuations.

3. On September 24, a senior portfolio manager in Morgan Stanley's U.S. equity division stated that the U.S. stock market bull run may only temporarily pause rather than undergo a significant correction. This statement may influence market sentiment, leading to stock price fluctuations. The cryptocurrency market is highly volatile and requires attention