U.S. stock market update: BTQ Tech up 18.59%

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2025.10.06 15:37
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BTQ Tech rose 18.59%; Microsoft rose 1.30%, with a trading volume of USD 2.974 billion; Oracle rose 2.57%, with a trading volume of USD 1.824 billion; Nebius rose 2.48%, with a trading volume of USD 1.033 billion; Now Services fell 0.98%, with a market capitalization of USD 187.5 billion

U.S. Stock Market Midday Update

BTQ Tech rose 18.59%, with increased trading volume. According to recent key news:

  1. On October 6, BTQ Technologies Corp. announced the appointment of Sean Hackett as Head of Silicon Products and Zach Belateche as Head of Hardware Security. Both are co-founders of Radical Semiconductor. This move aims to accelerate the commercialization of BTQ's post-quantum hardware and software solutions, driving the stock price up.

  2. On October 4, the London Stock Exchange issued a statement that, while not involving specific securities offers, such announcements could attract market attention and indirectly affect BTQ's stock price.

  3. No other significant news. Market interest in quantum technology is increasing.

Top Stocks by Industry Trading Volume

Microsoft rose 1.30%, with a trading volume of $2.974 billion. According to recent key news:

  1. On October 3, Microsoft announced partnerships with several emerging cloud service providers, investing over $33 billion to secure the use of over 100,000 NVIDIA chips, alleviating AI computing power shortages and driving the stock price up. Data source: Bloomberg.

  2. On October 6, Wells Fargo raised Microsoft's target price from $650 to $675, reflecting market confidence in its future growth, resulting in a stock price increase. Data source: Wells Fargo.

  3. On October 3, Microsoft achieved an average annual return of 22.5% over the past 15 years, with a market capitalization of $3.84 trillion, demonstrating its long-term investment value. Data source: Benzinga. The competition in cloud computing is intensifying, with AI demand driving growth.

Oracle rose 2.57%, with increased trading volume. Based on recent important news:

  1. On October 3, Oracle announced a $300 billion AI computing power deal with OpenAI, boosting market confidence in its future growth potential and driving the stock price up.

  2. On October 3, Oracle's E-Business Suite product was targeted by a hacker attack, which had some impact on the company's reputation but did not significantly affect the stock price.

  3. On October 3, Moody's revised Oracle's credit rating outlook to negative due to its high debt and single customer risk, but the market remains optimistic about its long-term development plans. Strong AI demand and solid market confidence.

Nebius rose 2.48%, with a trading volume of $1.033 billion. Based on recent important news:

  1. On October 3, Microsoft reached a $17.4 billion computing power leasing agreement with Nebius, securing the use of over 100,000 NVIDIA GB300 chips, driving Nebius's stock price up. Data source: IT Home

  2. On October 3rd, Nebius purchased 79 acres of land in Alabama, USA, planning to build a new data center to further expand its business scale and stimulate stock price increases. Data source: Kimberly Forrest.

  3. On October 3rd, five analysts recommended Nebius stock as "Buy" or "Strong Buy," enhancing market confidence and driving up the stock price. Data source: Sina Finance. Demand for AI chips is strong, and the industry is expanding rapidly.

Stocks Ranked Among the Top by Market Capitalization in the Industry

Now Services fell 0.98%, with a market capitalization of $187.5 billion. According to recent key news:

  1. On October 6th, large investors took a noticeably bearish stance on Now Services, with options trading showing that 20% of investors held a bullish attitude, leading to weakened market confidence in the stock and putting pressure on its price.

  2. On October 3rd, despite excellent performance over the past decade, it has fallen 14% year-to-date, raising doubts about its future growth potential and affecting stock performance.

  3. On October 3rd, market analysts expressed optimism about Now Services on CNBC, but failed to reverse the overall downward trend. The market remains cautious towards technology stocks