Today: 9 June 2026
STMicroelectronics stock slides nearly 5% on Trump Greenland tariff threat; what to watch next
20 January 2026
1 min read

STMicroelectronics stock slides nearly 5% on Trump Greenland tariff threat; what to watch next

Paris, January 20, 2026, 02:13 (CET) — Trading has ended for the day.

Shares of STMicroelectronics fell 4.8% on Monday, ending the session at 23.14 euros on Euronext Paris.

Shares fell amid a broader European selloff sparked by U.S. President Donald Trump’s threat to impose new tariffs on eight European countries unless the U.S. is allowed to buy Greenland. European tech stocks dropped 2.9%, and the euro zone volatility index, tracking expected market swings, jumped to its highest point since last November.

Shares of U.S.-listed STMicroelectronics (STM) ended Friday at $28.03. Since the U.S. markets were closed Monday for Martin Luther King Jr. Day, no trades happened then, making Tuesday’s session the key moment to watch for investor sentiment.

On Saturday, Trump announced he would impose an extra 10% tariff starting Feb. 1 on imports from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain. That rate would rise to 25% by June 1 unless the U.S. secures approval to purchase Greenland. The move also puts at risk the limited trade deals Washington struck with Britain in May and the European Union in July.

EU ambassadors agreed Sunday to intensify efforts against Trump while gearing up for retaliation, EU diplomats said. An emergency summit is planned for Thursday, where leaders will weigh options like reactivating a 93 billion euro tariff package on U.S. imports or deploying the bloc’s unused Anti-Coercion Instrument—a tool that can limit access to public tenders, investment, or services. The European Parliament may also halt progress on the EU-U.S. trade deal; a vote scheduled for Jan. 26-27 is now in doubt.

Markets are bracing for another wave of “risk-off” moves — investors stepping back from equities and seeking safer havens — amid ongoing disputes. Tony Sycamore, market analyst at IG, noted, “Markets at this point are expected to reopen this week in ‘risk-off’ mode.” Carsten Nickel, deputy director of research at Teneo, warned that deals with the U.S. administration “hardly provide certainty over the longer term.” Reuters

European chip stocks took a hit Monday. ASML fell 3.3%, and Infineon lost 3%, Barron’s reported.

The tariff threat still looks like political posturing more than concrete policy, leaving investors split on what it might mean. Some are hopeful tensions could ease. But a pending U.S. Supreme Court ruling on the legality of Trump’s tariffs adds a new layer of uncertainty, Reuters reported.

STMicroelectronics is set to report its Q4 and full-year 2025 results on Jan. 29, before European markets open. The chipmaker will host a conference call at 9:30 a.m. CET, the company confirmed.

Stock Market Today

  • BP Stock: Is It Still Undervalued After Recent Gains?
    June 8, 2026, 8:15 PM EDT. BP (LSE:BP.) shares dipped slightly to £5.456 after strong returns earlier this year, with a year-to-date rise of 24.59% and a 1-year total shareholder return of 58.84%. Analysts suggest the stock is still undervalued by approximately 13.3%, given a fair value estimate of £6.29, driven by major project ramp-ups and organic growth in emerging markets. However, BP's price-to-earnings (P/E) ratio stands at 35x, well above the 13.1x peer average, raising valuation concerns. Risks include impairments in hydrogen and biofuels, plus portfolio uncertainties, which could impact future earnings. Investors should carefully weigh potential rewards against warning signs in BP's evolving energy and infrastructure strategy.

Latest articles

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
Peso Rebounds, But Mexico’s Next Inflation Print Looms

Peso Rebounds, But Mexico’s Next Inflation Print Looms

9 June 2026
Mexico’s peso edged up 0.09% to 17.4644 per dollar after Iran and Israel paused attacks, but traders turned cautious ahead of Tuesday’s Mexico inflation data, which could shape Banxico rate expectations and impact the peso’s yield advantage that has supported the currency.
Citigroup stock braces for Tuesday: credit-card rate cap talk meets tokenized-trading push
Previous Story

Citigroup stock braces for Tuesday: credit-card rate cap talk meets tokenized-trading push

DBS share price dips after CGS downgrade, with Feb. 9 results the next test
Next Story

DBS share price dips after CGS downgrade, with Feb. 9 results the next test

Go toTop