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.
8. MARA Holdings Inc. (NASDAQ:MARA)
MARA Holdings Inc. (NASDAQ:MARA) fell by 8.71 percent on Tuesday to finish at $10.37 apiece as investors disposed of shares to mitigate risks from the ongoing geopolitical tensions between the US and Europe, having announced a tit-for-tat tariff in relation to their opposing views on the acquisition of Greenland.
MARA Holdings Inc. (NASDAQ:MARA) mirrored the broader market pessimism, which similarly spilled over to Bitcoin prices after President Donald Trump announced plans to impose a 10 percent tariff on eight European countries opposing his plans to take over Greenland.
The tariffs, which would affect the UK, Denmark, Norway, Sweden, France, Germany, the Netherlands, and Finland, are set to take effect on February 1, and could rise to 25 percent on June 1 if no deal is made.
Meanwhile, the European Union said that it would retaliate with $108 billion worth of tariffs on American goods entering the region, in a bid to protect Greenland.
The trade war rattled global markets, with Wall Street’s three main indices ending the day in a bloodbath, led by the tech-heavy Nasdaq, down 2.39 percent.
Bitcoin prices, on the other hand, fell below the $90,000 level as investors parked funds while waiting for further developments.
MARA Holdings Inc. (NASDAQ:MARA) is the second-largest Bitcoin treasury holder globally, next to Strategy Inc. As of the third quarter of the year, the company held a total of 52,850 Bitcoins in its portfolio.
7. Fermi Inc. (NASDAQ:FRMI)
Fermi dropped its share prices by 8.94 percent on Tuesday to finish at $9.22 apiece as investor sentiment was primarily dampened by an overall market pessimism amid ongoing trade tensions between the United States and the European Union (EU).
This followed President Donald Trump’s fresh threats over the weekend that he would slap 10 percent tariffs on eight countries opposing his proposed takeover of Greenland beginning February 1, with the potential to raise to 25 percent on June 1 if no deal is made.
Meanwhile, the EU said that it would retaliate with $108 billion of taxes on American goods entering the region, in its bid to protect the Nordic country.
The renewed trade tensions spilled over to global markets, with Wall Street’s main indices all finishing in the red territory, led by the tech-heavy Nasdaq, down 2.39 percent.
In other news, Fermi Inc. (NASDAQ:FRMI) was issued a “buy” recommendation and a $23 price target from Texas Capital Securities, but it was not enough to propel its share prices higher.
The price target, on the other hand, marked a 149 percent upside potential from its latest closing price.
Texas Capital said that Fermi Inc. (NASDAQ:FRMI) is uniquely positioned to capitalize on constraints facing hyperscalers as they continue developing data centers to support AI computing needs.
Specifically, Texas Capital was optimistic for the listed firm’s Project Matador—the world’s largest hybrid energy and data center campus, saying that hyperscalers are able to bypass long interconnection queues and achieve high reliability standards by colocating with the behind-the-meter power provider.
6. NetApp Inc. (NASDAQ:NTAP)
NetApp extended losses to a second day on Tuesday, shedding 9.34 percent to finish at $94.11 apiece as investors took path from an investment firm’s rating and price target downgrade for its stock.
In a market report, Morgan Stanley downgraded its price target and rating for NetApp Inc. (NASDAQ:NTAP) by 24 percent to $89 from $117 and to “underweight” from “equalweight” previously, amid reduced enterprise budgets for storage hardware and rising memory costs, which could lead to a slowdown in revenues in 2027.
Additionally, Morgan Stanley said that while the artificial intelligence sector could provide a tailwind to the storage market, NetApp Inc.’s (NASDAQ:NTAP) 10 percent revenue exposure to public cloud is unlikely to impact results in the near term.
Morgan Stanley added that estimates from other Wall Street analysts were too high.
In other news, NetApp Inc. (NASDAQ:NTAP) recently welcomed Paul Fipps to its board of directors.
Fipps currently serves as president of global customer operations at ServiceNow and brings more than 20 years of experience driving technology-enabled growth and customer transformation. He is currently leading global sales, customer success, partner ecosystems, and field operations for the company.
5. Bitmine Immersion Technologies Inc. (NYSEAmerican:BMNR)
Bitmine Immersion fell by 9.37 percent on Tuesday to close at $28.24 apiece as investor sentiment was dampened by an overall market pessimism, triggered by renewed tensions between the US and the European Union.
Over the weekend, President Donald Trump threatened to impose 10 percent tariffs on goods from eight countries opposing his planned takeover of Greenland. The tariffs will take effect on February 1 and could rise to 25 percent if a deal is not made on June 1. Meanwhile, the EU said that it would retaliate with $108 billion in levies on American goods.
The uncertainties rattled global markets during the day, with investors embarking on a wait-and-see mode for further developments.
In other news, Bitmine Immersion Technologies Inc. (NYSEAmerican:BMNR) announced that it raised its Ethereum holdings to 4.2 million tokens following the acquisition of 35,268 tokens last week.
“Ethereum’s price ratio to Bitcoin, or ETHBTC, has been steadily climbing since mid-October. In our view, this reflects investors recognizing that tokenization and other use cases being developed by Wall Street are being built on Ethereum,” said Bitmine Immersion Technologies Inc. (NYSEAmerican:BMNR) Chairman Thomas Lee.
Also last week, Bitmine Immersion Technologies Inc. (NYSEAmerican:BMNR) invested $200 million in Beast Industries, a company owned by vlogger, MrBeast, highlighting the company as the world’s largest and most innovative creator-led platform.
4. SharpLink Gaming Inc. (NASDAQ:SBET)
SharpLink fell by 9.59 percent on Tuesday to finish at $9.94 apiece, mimicking the sentiment of the broader market, as investors parked funds to mitigate risks from the ongoing trade tensions between the US and the European Union (EU).
Over the weekend, President Donald Trump threatened to impose 10 percent tariffs on goods from eight countries opposing his planned takeover of Greenland. The tariffs will take effect on February 1 and could rise to 25 percent if a deal is not made on June 1. Meanwhile, the EU said that it would retaliate with $108 billion in levies on American goods.
The uncertainties rattled global markets, including trading in cryptocurrencies such as Bitcoin and Ethereum, as investors went in a wait-and-see mode for further developments.
SharpLink Gaming Inc. (NASDAQ:SBET) transformed from a traditional online gaming and sports betting company into one of the leading Ethereum holders. As of December 14, 2025, total ETH holdings ended at 639,241 and 224,183 locked in a staked form.
Last month, SharpLink Gaming Inc. (NASDAQ:SBET) appointed Joseph Chalom as its sole chief executive officer following the resignation of Rob Phythian as co-CEO.
3. Navitas Semiconductor Corporation (NASDAQ:NVTS)
Navitas Semiconductor Corporation (NASDAQ:NVTS) dropped its share prices by 9.62 percent on Tuesday to close at $9.86 apiece, mirroring a broader market decline amid ongoing geopolitical tensions between the US and the European Union.
This followed President Donald Trump’s threats over the weekend that he would slap eight European countries with 10 percent tariffs if they continue to oppose his planned takeover of Greenland. The tariffs will take effect on February 1 and could rise to 25 percent if a deal is not made on June 1.
Meanwhile, the EU said that it would retaliate with $108 billion in levies on American goods in its bid to protect the European country.
The uncertainties rattled global markets during the day, with investors embarking on a wait-and-see mode for further developments.
Meanwhile, Wall Street’s major indices ended in a bloodbath, led by the Nasdaq, down 2.39 percent.
Navitas Semiconductor Corp. (NASDAQ:NVTS) develops ultra-efficient gallium nitride (GaN) semiconductors for electric vehicles, data centers, consumer electronics, and renewable energy, among others.
For the fourth quarter of 2025, Navitas Semiconductor Corp. (NASDAQ:NVTS) expects to rake in revenues of $7 million at the midpoint, significantly lower than the $18 million in the same period last year. The outlook reflects its strategic decision to deprioritize low power and pivot to higher power revenue and customers, streamline its distribution network, and reduce channel inventory, as well as lower profit expectations from China Mobile and consumer business.
Based on its historical reporting dates, official fourth quarter results are scheduled to be released in the third week of February 2026.
2. Roblox Corporation (NYSE:RBLX)
Roblox snapped a two-day winning-streak on Tuesday, shedding 9.67 percent to close at $78.84 apiece as investors tracked an overall market pessimism, while unloading positions ahead of the results of its earnings performance.
In a notice on its website, Roblox Corporation (NYSE:RBLX) said that it would announce its financial and operating highlights after market close on Thursday, February 5. A conference call will be held to discuss the results.
In other news, Roblox Corporation (NYSE:RBLX) received bullish coverage from Oppenheimer, having issued an “outperform” rating with a $150 price target. The new figure marked a 90 percent upside potential from its latest closing price.
According to Oppenheimer, it does not expect the new age verification system in all regions to negatively impact the company.
Earlier this month, Roblox Corporation (NYSE:RBLX) said that users in the US are now required to complete an age check to chat with others, in line with its efforts to enhance user safety.
Roblox began requiring the age check for chat access in December in Australia, New Zealand, and the Netherlands, following its phased rollout announcement in November. To date, over 50 percent of daily active users in Australia, New Zealand, and the Netherlands have already completed the age check.
Globally, tens of millions of users have already completed the age check, and Roblox anticipates many more to follow.
1. VNET Group Inc. (NASDAQ:VNET)
VNET Group extended its losses to a third straight day on Tuesday, dropping 10.18 percent to close at $9.48 apiece, mimicking a broader market pessimism triggered by ongoing geopolitical tensions.
The decline fell in line with the Nasdaq, losing 2.39 percent during the session after President Donald Trump announced over the weekend that he would impose 10 percent tariffs on goods from eight European countries opposing his planned takeover of Greenland.
Meanwhile, investor sentiment was further dampened by the European Union’s promise that it would retaliate with a $108 billion tariff on American goods entering the region.
While the brewing tensions do not directly affect VNET Group Inc. (NASDAQ:VNET), investors parked funds to minimize potential risks.
VNET Group Inc. (NASDAQ:VNET) is one of the leading data center providers in China, with a plan to develop 10 GW of green computing capacity in both China and the overseas markets over the next few years.
In June last year, VNET Group, Inc. (NASDAQ:VNET) unveiled its so-called Hyperscale 2.0 initiative, which would focus on AI data center innovation.
Among its prospective regions are Inner Mongolia, Hebei, Beijing, and the Yangzi River Region, and it will feature MW-level racks, 100MW single facilities, and GW-scale campuses.
While we acknowledge the potential of VNET to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VNET and that has 100x upside potential, check out our report about this cheapest AI stock.
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