Ten stocks fell sharply on Tuesday, in line with the broader market pessimism, as investors parked funds while digesting the potential impact of brewing trade tensions between the US and Europe.
All Wall Street indices finished in the red, with the Nasdaq leading losses by 2.39 percent, followed by the S&P 500, declining 2.06 percent, and the Dow Jones down 1.76 percent.
Indices aside, we spotlight the 10 big names that led Tuesday’s decline and detail the reasons behind their drop.
To come up with the list, we focused exclusively on stocks with a $2 billion market capitalization and 5 million shares in trading volume.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
10. Samsara Inc. (NYSE:IOT)
Samsara dropped its share prices by 8.31 percent on Tuesday to close at $31.99—a near 52-week low—tracking a broader market pessimism after President Donald Trump’s announcement of fresh tariff threats on European countries.
During the session, Samsara Inc. (NYSE:IOT) ended the day just $0.51 shy of its 52-week low of $31.40.
Over the weekend, Trump announced that the US would impose as much as 10 percent tariffs on eight European countries beginning February 1 if they oppose its planned takeover of Greenland. The announcement triggered European leaders, with the European Union announcing intentions to retaliate worth $108 billion levies on American products.
The tensions largely rattled global markets, with Wall Street’s major indices finishing in a bloodbath on the same day.
In other news last week, BNP Paribas upgraded Samsara Inc.’s (NYSE:IOT) rating to “outperform” from “neutral” previously, alongside a $40 price target. It said that demand for Samsara Inc.’s (NYSE:IOT) products appeared to have stabilized after a tough first half of 2025 due to disruptions brought about by global tariffs that led to extended cycles at some of their customers.
9. Nebius Group NV (NASDAQ:NBIS)
Nebius fell below the $100 territory on Tuesday, shedding 8.68 percent to close at $99.29 apiece and mirroring an overall market pessimism after President Donald Trump triggered another round of geopolitical tensions with the European Union (EU).
Over the weekend, Trump said that he was keen on imposing 10 percent tariffs on goods from eight countries opposing his planned takeover of Greenland beginning February 1, to which the EU said it would retaliate with $108 billion in levies.
The uncertainties rattled global markets during the day, with investors selling off positions while in a wait-and-see mode for further developments.
The drop spilled over to Nebius Group NV (NASDAQ:NBIS) and other technology shares, in line with the tech-heavy Nasdaq’s 2.39 percent decline.
In other news, Nebius Group NV (NASDAQ:NBIS) earlier this month announced that it would deploy the NVIDIA Rubin platform through Nebius AI Cloud and Nebius Token Factory to support next-generation reasoning and agentic AI capabilities for its customers beginning in the second half of the year.
As an NVIDIA Cloud Partner, Nebius Group NV (NASDAQ:NBIS) would be among the first AI cloud providers to offer the platform across its full-stack infrastructure at data centers in the US and Europe.
Launched at CES 2026, Vera Rubin NVL72 is engineered to serve the demands of complex AI workloads, including agentic, advanced reasoning, and massive-scale mixture-of-experts (MoE) models that push computational limits across long sequences of tokens for multistep problem-solving with the lowest cost per token.
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