Today: 2 July 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 05.02.2026

LIVEMarkets rolling coverageStarted: February 5, 2026, 9:27 AM ESTUpdated: February 5, 2026, 11:59 PM EST Core & Main (CNM) Valuation Update as Earnings Optimism and Political Interest Rise February 5, 2026, 11:59 PM EST. Core & Main (CNM) shares recently closed at $55.85, trading below the $61.06 fair value estimate and analyst consensus target of $65.21. Despite projected softer revenue, earnings per share (EPS) growth expectations support optimism. The stock has returned 9.72% over 90 days and 152.71% over three years, reflecting earlier momentum. Analyst price targets range widely from $40 to $77, showing mixed views amid profit margin strength
5 February 2026
Collabera’s Vadodara GCC Hub Shows Tier-2 India Is Now the Main Plan

Collabera’s Vadodara GCC Hub Shows Tier-2 India Is Now the Main Plan

Collabera announced on Thursday the opening of its first global capability center hub in a Tier-2 Indian city, choosing Vadodara in Gujarat. This move marks an expansion of its India operations. GCCs are offshore hubs companies use to manage tasks like software, product support, finance, HR, and other shared services. Their significance is growing as India’s GCC expansion moves beyond major cities, driven by firms hunting for talent and aiming to control costs and turnover.
5 February 2026
Ethereum breaks $2,100 as Fed-liquidity fears ripple through crypto — what traders watch next

Ethereum breaks $2,100 as Fed-liquidity fears ripple through crypto — what traders watch next

Ether fell under 2,100 USDT on Thursday, hitting 2,096.25 USDT at 0407 GMT. It dropped 8.40% in the last 24 hours, according to Binance News. Crypto prices slipped again, still tracking broader risk appetite. Reuters linked the selloff to concerns that Kevin Warsh at the Fed could push for a smaller balance sheet, cutting liquidity that’s propped up speculative bets. “The market fears a hawk with him,” said Julius Baer’s Manuel Villegas Franceschi. Bitcoin slid to $69,858, while ether dipped nearly 2% to $2,090 in that update.
5 February 2026
Bitcoin drops below $70,000 as Warsh Fed pick spooks crypto — and Stifel flags $38,000 risk

Bitcoin drops below $70,000 as Warsh Fed pick spooks crypto — and Stifel flags $38,000 risk

Bitcoin plunged below $70,000 on Thursday, slipping to $69,858—the lowest level since November 2024—and erasing all gains since Donald Trump’s 2024 U.S. presidential win. The cryptocurrency has shed nearly 8% this week and is down close to 20% for the year. Ether has plunged around 30%. Traders are bracing for tighter liquidity following Kevin Warsh’s nomination as the Federal Reserve chair. “The market fears a hawk with him,” said Manuel Villegas Franceschi of Julius Baer. Jefferies strategist Mohit Kumar warned that miners could face “forced liquidations” if prices continue to slide. Deutsche Bank analysts noted that U.S. spot bitcoin ETFs experienced over $3 billion in outflows during January, after $2 billion in December and $7 billion in November. That’s key because the decline has shifted from a gradual slide to something sharper. Glassnode noted that futures markets have entered a “forced deleveraging” phase, with traders being liquidated on borrowed positions. Meanwhile, spot volumes remain subdued, creating what it calls a demand vacuum. The firm points to $66.9k to $70.6k as a strong support zone where selling pressure might ease in the short term, but cautions that any relief rallies could be merely corrective moves, not a full reversal, as leverage
5 February 2026
Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

New York, Feb 5, 2026, 07:23 EST — Premarket China’s benchmark lithium carbonate prices plunged on Thursday, with the SMM battery-grade index sliding 5.4% to 141,706 yuan per metric ton from Wednesday. The most-traded lithium carbonate futures contract hit its daily limit down — the maximum allowed drop in one session — before bouncing back. Spot sellers stayed cautious, while buyers took advantage of the dips, SMM reported.
Neste Oyj stock slides as flat 2026 renewables volume outlook jars investors despite profit rebound

Neste Oyj stock slides as flat 2026 renewables volume outlook jars investors despite profit rebound

Helsinki, February 5, 2026, 14:28 EET — Regular session Neste Oyj shares dropped Thursday following the Finnish biofuel producer’s warning that its renewable product sales volumes in 2026 will stay roughly flat compared to 2025. The announcement rattled investors expecting growth. By 14:28 EET, Neste had fallen 4.65% to 20.51 euros, while Finland’s Helsinki 25 index slipped about 1%.
Crude oil price today: Brent dips as US-Iran Oman talks go ahead; $70 still in play

Crude oil price today: Brent dips as US-Iran Oman talks go ahead; $70 still in play

New York, Feb 5, 2026, 07:03 EST — Premarket Oil prices dropped over 1% Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, easing short-term supply concerns. Brent crude futures slid 86 cents, or 1.2%, to $68.60 a barrel, while U.S. West Texas Intermediate crude fell 82 cents, or about 1.3%, to $64.32 by 10:36 GMT. UBS analyst Giovanni Staunovo said Middle East tensions remain a “strong influence” on prices. John Evans of PVM Oil Associates warned Brent could be “banging on the door of $70” if the talks fail.
5 February 2026
Brent crude price slides as U.S.-Iran Oman talks return — $70 back on traders’ radar

Brent crude price slides as U.S.-Iran Oman talks return — $70 back on traders’ radar

London, Feb 5, 2026, 12:04 — Regular session Brent crude futures dropped over 1% on Thursday, sliding 86 cents to $68.60 a barrel by 1036 GMT. The move came after the U.S. and Iran agreed to hold talks in Oman on Friday. Meanwhile, U.S. West Texas Intermediate crude fell 82 cents, or about 1.3%, to $64.32. John Evans, analyst at PVM Oil Associates, warned, “One untoward remark or a breakdown in talks and the Brent price will soon be banging on the door of $70 a barrel.”
5 February 2026
RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

Yes Bank, backed by SMBC, announced that the Reserve Bank of India has given the nod to Vinay Muralidhar Tonse as managing director and CEO for a three-year stint, paving the way for a leadership change in early April. Tonse, who led retail operations at State Bank of India until November 30, will take over from Prashant Kumar, who stepped in following the bank’s 2020 bailout. Last year, Japan’s Sumitomo Mitsui Banking Corp acquired a 24% stake in the lender. The RBI’s nod, given in a letter dated Feb. 3, becomes effective once Tonse takes charge and still requires a green light from shareholders, the bank said. The exact date for his start has yet to be revealed.
5 February 2026
XRP price plunges 10% in crypto rout as traders hunt for a “washout” bottom

XRP price plunges 10% in crypto rout as traders hunt for a “washout” bottom

XRP dropped roughly 10% on Thursday, slipping to around $1.44. This marked its biggest one-day percentage decline since October, according to market data. The drop came as investors shied away from risk, triggering a tech-driven equity selloff and renewed swings in other assets that rattled sentiment. “Will we see the wheels start to come off a bit?” asked Craig Inches, head of rates and cash at Royal London Asset Management.
5 February 2026

Stock Market Today

  • Ford Drops 2.4% After Q2 U.S. Sales Slump, Inventories Build Up
    July 2, 2026, 3:55 PM EDT. Ford Motor Company (NYSE:F) shares dropped 2.4% to $13.32 after Q2 U.S. vehicle sales fell 10.3% to 549,200 units. Ford finished June with 471,000 vehicles on hand, about 78 days of supply at the quarter's sales pace. F-Series truck supply was even larger, with 88 days' worth on lots. Battery electric vehicle sales tumbled 40.7%, accounting for only 1.8% of volume. F-Series made up 36% of Ford's total sales. Ford pinned the weaker sales on model phase-outs and lighter fleet sales. Investors are watching whether Ford can offload the swollen F-Series inventory in the back half without resorting to big discounts.
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