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STO:VOLV.B News 5 February 2026

Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

STOCKHOLM, Feb 5, 2026, 11:28 CET — Regular session Volvo Car AB (publ.) shares tumbled roughly 22%, ending Thursday at 23.05 Swedish crowns, down from 29.60 the previous day. During the session, the stock fluctuated between 22.60 and 25.80. (Investing) The decline came after a steep miss in fourth-quarter results and a grim market outlook. Operating profit before one-off items…
5 February 2026
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Stock Market Today

  • Bitcoin Drops Below $70,000 After U.S. Treasury Denies Authority to Bail Out Crypto
    February 5, 2026, 9:08 AM EST. Bitcoin briefly fell below $70,000 on Thursday after U.S. Treasury Secretary Scott Bessent stated the government lacks authority to rescue cryptocurrency banks. This followed his testimony before the House Financial Services Committee, where he clarified no bailout powers exist for crypto holdings. Bitcoin hit a low of $69,525 amid broader market sell-offs and warnings from investor Michael Burry, who cautioned bitcoin's speculative nature risks triggering a "death spiral" and significant value loss. The cryptocurrency faces mounting pressure after slipping almost 20% year-to-date, compounded by hawkish Federal Reserve nominations and ongoing deleveraging. Analysts highlight weak investor sentiment and technical trends indicate a continued downtrend with little inclination for immediate rebounds amid market uncertainty.
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