Shan Ahmed Khan

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber Technologies on Wednesday missed fourth-quarter earnings estimates and projected first-quarter adjusted profit per share below Wall Street expectations. The company’s move to offer cheaper ride options squeezed margins. Shares dropped more than 8% in premarket trading. https://www.reuters.com/business/autos-transportation/uber-forecasts-profit-below-estimates-cheaper-rides-boost-trips-hurt-margins-2026-02-04/
4 February 2026
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Brent crude price rises toward $68 as U.S.-Iran flashpoints return, inventories loom

Brent crude price rises toward $68 as U.S.-Iran flashpoints return, inventories loom

Brent crude futures climbed 46 cents, or 0.7%, to $67.79 a barrel by 1034 GMT Wednesday, reacting to the U.S. downing an Iranian drone and reports of Iranian gunboats near a U.S.-flagged tanker, sparking fresh concerns over supply disruptions. U.S. West Texas Intermediate gained 52 cents, or 0.8%, to $63.73, though a wider equity selloff limited upside. PVM analysts noted oil “would be lower without Middle Eastern sabre-rattling.” Support also came from industry sources citing the American Petroleum Institute, which reported a drop in U.S. crude inventories of over 11 million barrels last week. Meanwhile, traders braced for official U.S. government data due at 1530 GMT; Reuters’ poll of analysts anticipates a rise in crude stocks.
4 February 2026
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US economic calendar today: ADP jobs, ISM services and Treasury refunding set the tone for Wall Street

US economic calendar today: ADP jobs, ISM services and Treasury refunding set the tone for Wall Street

U.S. stock index futures hovered near flat on Wednesday as traders braced for a packed economic calendar, featuring ADP’s January jobs report and the ISM services index. At 05:29 a.m. ET, Dow futures edged up 0.27%, S&P 500 futures gained 0.09%, while Nasdaq 100 futures slipped 0.05%. In premarket moves, Advanced Micro Devices dropped 7.2%, and Super Micro Computer surged 12.4%.
4 February 2026
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Crude oil prices today: Brent and WTI climb on U.S.-Iran tension as inventory report looms

Crude oil prices today: Brent and WTI climb on U.S.-Iran tension as inventory report looms

Oil prices climbed Wednesday after the U.S. downed an Iranian drone and Iranian gunboats neared a U.S.-flagged tanker, keeping tensions high in the Gulf. Brent crude futures added 46 cents, or 0.7%, reaching $67.79 a barrel by 1034 GMT. U.S. West Texas Intermediate crude rose 52 cents, or 0.8%, to $63.73. “Oil would be lower without Middle Eastern sabre-rattling,” said PVM analysts, as traders also digested a reported drop of over 11 million barrels in U.S. crude stocks last week from the American Petroleum Institute, ahead of official government figures due later Wednesday.
4 February 2026
Gold price today: Bullion snaps back toward $5,100 as U.S.-Iran tensions flare

Gold price today: Bullion snaps back toward $5,100 as U.S.-Iran tensions flare

Gold prices edged back toward $5,100 an ounce in early European trading Wednesday, driven by safe-haven buying after the U.S. military shot down an Iranian drone near an aircraft carrier in the Arabian Sea. Spot gold climbed 2.9% to $5,082.94 per ounce by 0813 GMT. Meanwhile, U.S. gold futures for April gained 3.4%, hitting $5,103.50. This followed Tuesday’s sharp nearly 6% surge—the metal’s largest one-day increase since November 2008.
4 February 2026
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Gold price today: India’s 22K, 24K rates jump as silver surges past Rs 2.67 lakh/kg

Gold price today: India’s 22K, 24K rates jump as silver surges past Rs 2.67 lakh/kg

Gold and silver prices soared across major Indian cities on Wednesday. On the Multi Commodity Exchange, silver futures jumped 13.07% to Rs 2,67,410 per kg, while gold rose 5.16% to Rs 1,54,000 per 10 grams, according to NDTV. In Delhi, 24-carat gold was priced at Rs 15,409 per gram. NDTV also noted that silver hit a record high of Rs 4,04,500 per kg on Jan. 29 before tumbling nearly 36%.
4 February 2026
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Buy

Alphabet

Alphabet (NASDAQ:GOOGL) 92/100 ★★★★★
#2 Buy

Amazon

Amazon (NASDAQ:AMZN) 90/100 ★★★★★
#3 Accumulate

NVIDIA

Nvidia (NASDAQ:NVDA) 89/100 ★★★★½
#4 Accumulate

Microsoft

Microsoft (NASDAQ:MSFT) 86/100 ★★★★☆
#5 Selective buy

Meta Platforms

Meta Platforms (NASDAQ:META) 84/100 ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Empire State Manufacturing

A figure above or below the 12.0 consensus could impact Treasury yields, the dollar, and cyclical stocks by influencing short-term growth outlooks.

#2

NAHB Housing Sentiment

A reading above or below 33 will influence expectations for housing demand, mortgage rate trends, and homebuilder stocks.

#3

Fabrinet After the Close

Investors are focusing on revenue, margins, and comments on datacom as key factors for companies involved in optical networking and AI infrastructure supply chains.

View full calendar
Times and estimates may change. Verify before trading.