Global News Update: February 5, 2026
Good morning. It is Thursday, February 5, 2026. Here is your fast-track finance update.
Alphabet has set the tone for the tech sector. Reporting overnight, Google’s parent company posted a revenue beat of one hundred eleven billion dollars. But the sticker shock is real: capital expenditure for AI is skyrocketing. Shares are volatile this morning as investors digest the true cost of this "AI arms race."
Meanwhile, the bond market can breathe a sigh of relief. The Treasury Department announced a one hundred twenty-five billion dollar refunding package yesterday, keeping auction sizes steady. This decision has calmed fears of a supply glut, helping to stabilize yields across the curve.
In global trade, tensions are mounting. China has officially hit back at the U.S. with new export controls on key EV components. The move is battering European automakers and Tesla in pre-market trading as supply chains brace for disruption.
Finally, all eyes turn to Amazon. The e-commerce giant reports later today, with the market desperate to see if their cloud margins are holding up better than their rivals'.
The data is flowing again. Stay sharp.