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Stock Market 2 February 2026

Ridgetech surged 68.6% in Nasdaq premarket trading with over 32 million shares changing hands ahead of the open. Semiconductor stocks worldwide fell sharply, with South Korea’s KOSPI dropping 9.99% and European chipmakers also declining. Nasdaq 100 futures were down 2.7% before the Wall Street open. Ondas traded lower premarket despite reporting over $40 million in June defense-system orders and more than $150 million in second-quarter-to-date orders, while an SEC filing showed 3.13 million shares up for resale. Microsoft rose 1.1% premarket after a 3.18% drop Monday, as investors focused on Chevron’s Texas AI data center power deal and ongoing concerns about AI infrastructure costs. Infleqtion gained over 5% premarket, following a White House quantum order and the company’s formation of a U.S. quantum-space coalition, though the stock remains thinly traded and early-stage. Ford shares looked set to open lower as Unifor began contract negotiations in Canada, aiming to influence talks with GM and Stellantis. SOFI dropped 2.3% premarket, coinciding with Bullish listing SoFiUSD, its dollar stablecoin, and pressure from falling Nasdaq futures. S&P 500, Nasdaq 100, and Dow futures were all down early Tuesday. SpaceX shares fell 16.4% Monday, dropping below their IPO closing price and erasing about $400 billion in market cap. Intel dropped 8% premarket amid concerns about debt-fueled AI spending, despite recent gains driven by Apple, Google, and Nvidia foundry bets. Super Micro fell 6.3% premarket after a strong Monday, following a new data-center design launch and an upgrade from GF Securities. Anthropic secured a memory and storage supply deal with Micron ahead of its expected IPO, with Micron also joining its new funding round. IBM rose over 3% premarket after announcing an OpenAI cyber-defense deal and new quantum-computing orders. American Airlines shares rose slightly Monday, with lower jet-fuel prices being the main market driver for airlines this week. The KOSPI’s 9.99% drop triggered a trading halt as investors sold off chipmakers after a record AI rally and regulatory warnings. Power Plate Meals recalled nearly 5,800 pounds of frozen meatloaf due to undeclared soy. Warren Buffett’s advice to be cautious when others are greedy was highlighted amid market volatility. U.S. index ETFs were little changed after hours Monday, with blue chips up and growth stoc
Mineral Resources (ASX:MIN) share price slips as broker turns cautious, spotlight shifts to Feb 20 results

Mineral Resources (ASX:MIN) share price slips as broker turns cautious, spotlight shifts to Feb 20 results

Mineral Resources Ltd shares fell 1.45% to A$56.32 Monday, extending a five-day slide to nearly 12%. Ord Minnett downgraded the stock to Hold, while raising Pilbara Minerals to Accumulate. Shares swung between A$53.15 and A$56.84 during the session. The company’s planned lithium sale to POSCO remains pending, with half-year results due Feb. 20.
2 February 2026
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Evolution Mining Limited share price slides as gold rout deepens — what to watch next

Evolution Mining Limited share price slides as gold rout deepens — what to watch next

Evolution Mining shares fell 5.6% to A$13.88 after spot gold plunged 3.3% to $4,703 an ounce, triggering forced liquidations as CME Group raised futures margins. Northern Star Resources dropped 8%. The ASX benchmark lost 1%, with miners leading declines. Investors await the Reserve Bank of Australia’s decision Tuesday and Evolution’s half-year results next week.
2 February 2026
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Northern Star share price skids 8% as gold rout rattles ASX miners — what to watch next

Northern Star share price skids 8% as gold rout rattles ASX miners — what to watch next

Northern Star Resources shares fell 8.1% to A$26.60 on Monday, with about A$308 million traded, after gold prices slumped and margin requirements rose. The company had already cut its FY26 production and cost guidance in January, citing outages and weak grades. Newmont and Evolution Mining also declined. Investors now await Northern Star’s half-year results on February 12.
2 February 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 02.02.2026

Indian stocks surged after a new India-US trade deal, with Nifty up 574 points to 25,663 and Sensex gaining 1,929 points to 83,595. U.S. President Trump announced a tariff cut on Indian goods to 18%. Sector gains topped 3%, led by Adani Ports, Bajaj Finance, Reliance, and Infosys. Prime Minister Modi welcomed the agreement.
2 February 2026
National Silicon Industry Group (688126.SS) stock drops nearly 3% — what traders are watching in China’s wafer name

National Silicon Industry Group (688126.SS) stock drops nearly 3% — what traders are watching in China’s wafer name

National Silicon Industry Group shares fell 2.8% to 21.78 yuan in Shanghai by 10:26 a.m., tracking a broader drop in Chinese stocks. The company forecast a 2025 net loss of up to 1.53 billion yuan, citing wafer price pressure and possible goodwill impairment. 300mm wafer sales rose over 25%, but margins remained under strain. Investors watched for macro data and tech earnings to gauge risk appetite.
2 February 2026
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Shanghai Biren Technology Class H shares slide as new IPO stock hits tape in Hong Kong

Shanghai Biren Technology Class H shares slide as new IPO stock hits tape in Hong Kong

Shanghai Biren Technology Class H shares fell 2.1% to HK$34.06 in early Hong Kong trading Monday after 42.7 million over-allotment shares began trading. The new supply follows the full exercise of the IPO’s greenshoe option, raising an extra HK$821.9 million for the company. Investors are watching if the stock can hold gains through the Feb. 2 close as the float expands.
2 February 2026
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Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip stock price slides in Shanghai: mixed PMI signals and chip-sector churn hit early trade

Rockchip Electronics Class A shares fell 2.6% to 186.27 yuan in Shanghai by mid-morning Monday, with 3.9 million shares traded. The drop follows a sharp January rally in Chinese chip stocks and comes as traders weigh mixed factory data and rising costs ahead of the Lunar New Year. China’s official manufacturing PMI slipped to 49.3 in January, while a private survey showed a slight uptick to 50.3.
2 February 2026
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Sanan Optoelectronics (600703.SS) A-share slips after revised 2025 loss forecast, share-pledge filing draws focus

Sanan Optoelectronics (600703.SS) A-share slips after revised 2025 loss forecast, share-pledge filing draws focus

Sanan Optoelectronics shares fell 0.8% to 16.03 yuan in Shanghai after the company narrowed its 2025 net loss forecast to 200–300 million yuan. A Jan. 31 filing showed the controlling shareholder pledged 40.7 million more shares, bringing total pledged shares to 46.56% of holdings. Investors await the audited annual report, due April 25.
2 February 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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