Today: 3 July 2026

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/ The print matters because Uber has focused on shared rides and other budget-friendly options to sustain trip growth, even if that means slower margin gains. This quarter, guidance was expected to carry most of the weight.
4 February 2026
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Lithium price today: Albemarle, SQM jump premarket as U.S. rolls out Project Vault stockpile

Lithium price today: Albemarle, SQM jump premarket as U.S. rolls out Project Vault stockpile

New York, Feb 4, 2026, 07:01 EST — Premarket Shares of U.S.-listed lithium miners climbed in early trading Wednesday, despite ongoing drops in spot lithium carbonate prices in China and a cautious trading mood. Albemarle edged up around 3.5%, SQM added about 5.4%, and Lithium Americas jumped 8.4%. The Global X Lithium & Battery Tech ETF also gained roughly 2.6%.
4 February 2026
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Veradermics IPO Pops Above Range as Eli Lilly Lines Up a 5% Stake Play

Veradermics IPO Pops Above Range as Eli Lilly Lines Up a 5% Stake Play

Veradermics, the biopharma working on an oral hair-loss treatment, set its IPO price at $17 a share, above the initial range, pulling in roughly $256.3 million. The stock is slated to start trading Wednesday on the New York Stock Exchange under the ticker “MANE.” The deal may be modest by Wall Street measures, but it arrives amid a shaky period for biotech IPOs. Pricing above the expected range indicates investors were ready to take a chance on a hair-loss treatment — even though the company remains in late-stage trials.
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

London, Feb 4, 2026, 11:45 GMT — Regular session underway. 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

New York, Feb 4, 2026, 06:44 EST — Premarket 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

LONDON, February 4, 2026, 11:42 GMT — Regular session. 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
IRS W-2 and 1099 deadline just closed — late filers face $60-per-form penalties

IRS W-2 and 1099 deadline just closed — late filers face $60-per-form penalties

U.S. employers and businesses that failed to meet the Feb. 2 deadline for filing essential wage and contractor tax forms now face mounting penalties the longer they delay submitting these documents. Timing is crucial since workers depend on W-2 wage statements to file their taxes, while many contractors report earnings via 1099 forms. Penalties apply to each return, quickly stacking up for companies sending out hundreds of these documents.
4 February 2026
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Stock Market Today

  • CVC Income & Growth sets September 2026 tender limits for Sterling, Euro shares
    July 3, 2026, 3:51 AM EDT. CVC Income & Growth Limited reported that it set the share caps for its September 2026 semi-annual tender: 155.5 million Sterling Shares and 83.0 million Euro Shares. The company said these figures stick to the rules in its April 2026 AGM and March 2019 prospectus. The limits match regulatory requirements from the UK Financial Conduct Authority. BNP Paribas and Cadarn Capital are listed as investor contacts. The tender restrictions apply to shareholders looking to sell shares back to CVC Income & Growth during the window.
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