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Stock Market 2 February 2026

On June 23, 2026, global markets saw significant volatility, particularly in technology and semiconductor sectors. Primoris shares dropped about 35% in premarket trading after the company cut its 2026 adjusted EBITDA guidance to $275 million-$325 million from a previous $480 million-$500 million and announced the departure of its COO. Amazon.com shares slipped as Prime Day began, continuing a recent pullback in large tech stocks. Palantir edged up 0.7% premarket after a 7% drop the previous day, having reached a new 52-week low; the company secured a role in U.S. Army data architecture. Nasdaq 100 futures fell nearly 3% before the open, with traders retreating from AI-related tech names. SpaceX lost over $600 billion in market value across three sessions, and South Korea’s KOSPI index fell 9.99% following sharp declines in Samsung Electronics and SK Hynix. Keel Infrastructure Corp pulled back after a surge to a 52-week high. Nokia shares dropped 2.5% in Helsinki after rising on Wall Street, following news of a Google Cloud partnership to integrate Gemini-powered AI into its network software. Tianci International jumped 73.2% premarket after reporting more than doubled revenue and a swing to positive net income. Catheter Precision rose 34.5% after announcing new patents and a sports partnership. Ridgetech surged 68.6% premarket on high volume. Ondas traded lower despite reporting over $150 million in defense-system orders for the quarter. Microsoft rose 1.1% premarket after a previous decline, as investors weighed Chevron’s new AI data center power deal. Infleqtion gained over 5% following a White House quantum order. Ford shares looked set to open lower as Canadian labor negotiations began. SOFI fell 2.3% premarket as its stablecoin was listed by Bullish. Broader U.S. futures were down, with S&P 500, Nasdaq 100, and Dow all lower. SpaceX and Intel both faced steep premarket declines, with concerns about AI spending and market risks weighing on sentiment. Super Micro dropped 6.3% premarket despite a recent rally on new product news. Anthropic secured a partnership with Micron Technology, which will supply memory and storage and join its funding round.
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.
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
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.
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
China Resources Microelectronics (688396) stock slides as filing flags 2026 price rises, SiC push

China Resources Microelectronics (688396) stock slides as filing flags 2026 price rises, SiC push

China Resources Microelectronics’ Class A shares fell 3.6% to 61.50 yuan in Shanghai by 0953 GMT+8, underperforming the SSE Composite Index, which slipped 0.7%. Rival chipmakers Montage Technology and GigaDevice Semiconductor gained 2% and 7%. Investors await the company’s April 25 earnings report for evidence that recent price hikes and product upgrades are improving margins.
Piotech Class A stock slips in early Shanghai trade as PMI data keeps chip-equipment names on edge

Piotech Class A stock slips in early Shanghai trade as PMI data keeps chip-equipment names on edge

Piotech Class A shares fell 0.8% to 349.90 yuan in early Shanghai trading Monday after China’s official manufacturing PMI dropped to 49.3 in January, signaling contraction. Other chip-tool stocks, including Advanced Micro-Fabrication Equipment and Naura Technology, also declined. Investors are awaiting a private PMI due later Monday for further signals on demand.
Samsung Electro-Mechanics stock price jumps nearly 5% as shares test a 52-week high

Samsung Electro-Mechanics stock price jumps nearly 5% as shares test a 52-week high

Samsung Electro-Mechanics shares jumped 4.8% to 292,500 won Monday, hitting a 52-week high of 300,000 won before easing. The move came as South Korea’s January exports surged 33.9%, led by a 102.7% jump in semiconductor shipments. KOSPI opened about 1% lower after news of a new Federal Reserve chair nominee. Investors await Murata’s earnings for signals on MLCC pricing.
2 February 2026
LONGi share price watch: Davos remarks and metal swings in focus for 601012 ahead of Shanghai open

LONGi share price watch: Davos remarks and metal swings in focus for 601012 ahead of Shanghai open

LONGi Green Energy shares dropped 4.74% to 17.88 yuan Friday, nearing recent lows, as sector-wide pressure hit Chinese solar stocks. Management at Davos stressed cost cuts and overseas localization, while warning of volatile precious metals prices added to caution. LONGi projects a narrowed 2025 net loss of 6.0–6.5 billion yuan, citing supply-demand mismatch and rising costs.
OmniVision Integrated Circuits Group Class A stock price: what to watch before Shanghai opens after China PMI slip

OmniVision Integrated Circuits Group Class A stock price: what to watch before Shanghai opens after China PMI slip

OmniVision Integrated Circuits Group shares fell 1.37% to 121.20 yuan in Shanghai on Jan. 30, with year-to-date losses at 3.73%. China’s official factory PMI dropped to 49.3 in January, signaling contraction; the private-sector PMI is due Feb. 2. Investors are watching AI chip supply and central bank meetings. OmniVision recently raised HK$4.8 billion in Hong Kong for R&D.
China PMI slip puts ESWIN Material’s 688783 A-shares in focus before Shanghai open

China PMI slip puts ESWIN Material’s 688783 A-shares in focus before Shanghai open

Xi'an ESWIN Material shares face pressure before Monday’s open after China’s official factory PMI fell to 49.3 in January, signaling contraction. The stock closed at 26.29 yuan on Jan. 30, down 1.39% over five sessions but up 10.46% year-to-date. ESWIN forecasts 2025 revenue at 2.65 billion yuan with a net loss near 738 million yuan. Traders await the company’s annual report due April 21.

Stock Market Today

  • Micron and Cerebras Options See Significant Activity Ahead of Earnings
    June 23, 2026, 10:21 AM EDT. Micron Technology and Cerebras Systems options markets are pricing in large movements ahead of their upcoming earnings reports. The surge in options trading volume indicates heightened investor anticipation. CNBC's Olive Renick highlighted these notable options actions during the 'Closing Bell' segment on June 22, 2026. Options allow investors to speculate on stock price movements or hedge positions. The activity suggests traders expect strong volatility following the earnings announcements for both semiconductor firms.

Latest articles

AMC Stock Drops After $200 Million Share Sale

AMC Stock Drops After $200 Million Share Sale

23 June 2026
AMC Entertainment plunged 26% after announcing a $200 million stock sale at $2.10 per share, sparking fresh dilution worries despite record weekend attendance driven by “Toy Story 5”; proceeds will mainly redeem $125.5 million in 2027 notes, but investors remain wary of repeated equity raises.
Primoris Slides 35% After Renewables Cost Hit, 2026 Outlook Cut

Primoris Slides 35% After Renewables Cost Hit, 2026 Outlook Cut

23 June 2026
Primoris plunged 35.5% premarket after slashing 2026 profit guidance due to renewed cost overruns in its renewables business and the COO’s exit, with adjusted EBITDA now seen at $275M-$325M vs. $480M-$500M prior; Mizuho and Wells Fargo cut price targets, KeyBanc downgraded shares, as investors brace for further risks if project losses continue.
Amazon Stock Just Got Hit Before Prime Day — AI Spending Fears Are Back

Amazon Faces Prime Day as AI Worries Hit Tech Stocks

23 June 2026
Amazon shares slipped 0.7% premarket to $231.20 as Prime Day began, with investors watching if U.S. shoppers will spend amid tight budgets and a broader tech selloff; despite projected $21.6B in Prime Day sales and AWS growth, concerns over $200B in capex and AI returns kept pressure on the stock.
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