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NASDAQ:VARO 2 May 2026

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

The Federal Reserve kept its benchmark rate at 3.50%–3.75% this week as March inflation rose 3.5% year-on-year. FDIC data showed average savings account yields at 0.38%, far below inflation, while some online banks offered over 4% APY. Money-market fund assets reached $7.63 trillion. Series I savings bonds will pay 4.26% for new issues through October.
2 May 2026
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Stock Market Today

  • Ridgetech (RDGT) Stock Surges 68.6% in Nasdaq Premarket on Volume Spike
    June 23, 2026, 8:13 AM EDT. Ridgetech Inc. (Nasdaq: RDGT) shares jumped 68.6% to $2.31 in early premarket trading on June 23, 2026, with a surge in volume to 32.27 million shares. The healthcare distributor, valued at roughly $1.23 million market cap after a recent 1-for-150 reverse split, saw dramatic price swings due to thin trading and low float of fewer than 900,000 shares. The move occurred despite no new company announcements and amid a Nasdaq futures decline. HRT Financial LP, a 10% stakeholder, recently sold about 58,000 shares at $1.60 each. Market experts note the stock's susceptibility to volatility in extended hours and highlight the upcoming test at the regular Nasdaq opening when liquidity increases. Ridgetech operates in pharmaceutical wholesale, retail, and digital platforms in China.

Latest articles

Ridgetech (RDGT) Stock Jumps in Premarket as Volume Surges

Ridgetech (RDGT) Stock Jumps in Premarket as Volume Surges

23 June 2026
Ridgetech shares soared 68.6% to $2.31 in Nasdaq premarket trading on heavy volume, despite no new company news, after a major holder, HRT Financial LP, disclosed selling nearly 58,000 shares last week; with a tiny $1.23 million market cap and under 900,000 shares outstanding, the stock’s price is highly sensitive to trading swings ahead of the regular session open.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

23 June 2026
Global semiconductor stocks plunged, wiping over $1 trillion from the Nasdaq 100’s market value in premarket trade as investors questioned whether massive AI infrastructure spending by tech giants can deliver returns, with SK Hynix and Samsung Electronics each losing over 12% and Micron set to report results that could further sway memory shares.
Micron Technology Stock Price Falls as $25 Billion Spending Plan Overshadows AI Forecast

Micron Earnings Take Center Stage for AI Stocks This Week

23 June 2026
Micron shares tumbled 8% premarket as investors brace for Wednesday’s earnings, with Wall Street raising the bar above company guidance after a record run; analysts warn that even a beat may disappoint if margins or outlook slip, threatening further stock and sector volatility amid soaring AI memory demand.
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