Bull&Bear | WiMi Hologram Cloud and Peloton Lead Stock Surge with Over 35% Gains

Bull Stocks:

WiMi Hologram Cloud (WIMI) surged by 35.66%. WiMi Hologram Cloud is positioned in the AIGC+3D content sector, and Meta launched a new AI model, VFusion3D.

Peloton Interactive (PTON) rose by 35.42%, marking a consecutive two-day increase, with a total gain of 42.19% over the past two days. The stock price of Peloton, the American fitness giant, increased amid progress in profitability and revenue growth.

BAIYU Holdings (BYU) soared by 32.54%, marking a seven-day consecutive rise, adding up to a total gain of 193.98% over the past seven days. BAIYU Holdings completed the merger to acquire a controlling interest in Electra New Energy Vehicle Inc.

Liandai Technology (WTO) increased by 21.67%, continuing a two-day rise with a total increase of 52.08% over the past two days. Liandai Technology Ltd. launched an ambitious AI-based health strategy and announced a strategic partnership.

Calumet (CLMT) rose by 17.88%, following a two-day gain, totaling a 21.55% increase over the past two days. Calumet will participate in the 38th annual Barclays CEO Energy-Power Conference.

Bear Stocks:

B. Riley Financial (RILY) dropped by 23.90%. B. Riley fell over 15.7% amid negotiations with Oaktree Capital for selling a majority stake in two of its business units.

Advance Auto Parts (AAP) declined by 17.47%. The American small-cap stocks fell, with Advance Auto Parts hitting the hardest.

Canadian Solar (CSIQ) decreased by 15.69%. Canadian Solar's stock price dropped by 11% due to a decline in second-quarter profits and operating income.

iQIYI (IQ) fell by 15.58%. Citigroup lowered iQIYI's target price from $5.40 to $3.80, maintaining a buy rating.

Blend Labs (BLND) dropped by 15.12%. William Blair downgraded Blend Labs' rating from market perform to underperform.