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

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:
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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.
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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.
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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:
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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.
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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.
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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:
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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.
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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.
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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:
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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
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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.
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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:
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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.
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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.
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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
