The Young and the Restless spoilers, February 4: Victor strikes back against Cane

The Young and the Restless spoilers for Wednesday, February 4, 2026, have Victor striking back against Cane, Nikki worrying about Lily's safety, Jack and Diane celebrating a win, and Lauren giving Billy an update about Jill.

What's next on The Young and the Restless

Victor is over Phyllis and Cane on The Young and the Restless | Image: CBS

Victor (Eric Braeden) might be down on The Young and the Restless, but he's never out! Cane (Billy Flynn) and Phyllis (Michelle Stafford) have used the AI failsafe program to take down Newman. On Wednesday's show, watch for Victor to strike back against Cane. Does this mean he'll get his own technology to go after Cane? Or will he follow through with his bluff to leverage Cane's feelings for Lily (Christel Khalil)? Cane still cares for his ex, and he would probably do anything to ensure her safety.

Nikki's concerned

Nikki on The Young and the Restless | Image: CBS

On Wednesday's episode of The Young and the Restless, watch for Nikki (Melody Thomas Scott) to be concerned about Lily. Victor's wife wants to believe deep down that her husband would never hurt an innocent person, but that doesn't mean that someone won't get hurt one way or another in all this!

A win for the Abbotts on The Young and the Restless

Diane (Susan Walters) and Jack (Peter Bergman) on The Young and the Restless | Image: JPI

The Abbotts have been under fire from Victor for quite some time. In addition to threats from Victor, Newman Media did a hit piece on Jabot Cosmetics, making the company look unstable. On Wednesday's episode, the tide will have turned as Jack (Peter Bergman) and Diane (Susan Walters) celebrate a win. Will it be a personal victory or a professional one?

Sister act

Lauren and Billy on The Young and the Restless | Image: JPI

Billy's (Jason Thompson) not Jill's only relative in Genoa City! She's got her sister, Lauren (Tracey Bregman), too, on The Young and the Restless! On Wednesday's episode, watch for Lauren to go to her nephew, Billy, and give him an update on Jill. We saw Billy get on the phone with his mother recently, and he was deeply affected by the fact that her health isn't the best. Will Lauren's update on her sister give Billy cause for pause on his plans to run Chancellor Industries? Billy has wanted to control that company for a long time, but his mother's health might cause him to rethink his desire to do that!

Catch all-new episodes of The Young and the Restless weekdays on CBS and Paramount Plus.