Sensex Slides 400 Points from Peak, Nifty Drops Under 24,600 on Geopolitical Jitters
August 5, 2026, 5:16 AM EDT. Sensex and Nifty lost morning gains on Wednesday amid escalating geopolitical risks after US President Trump threatened a ‘very strong strike’ if the Strait of Hormuz stays blocked. After climbing 626.43 points earlier, the Sensex shed 700 points from its high, settling at 78,338.86. The Nifty slipped beneath 24,600 as investors booked profits and 24,700 emerged as a resistance level. Notable laggards included ITC, HCL Technologies, and Coal India.
Sensex down 400 pts from day's high, Nifty…
Cotton Futures End Mixed as Export Shipments Climb, USDA Trims Crop Ratings
August 5, 2026, 5:15 AM EDT. Cotton futures ended Tuesday with mixed results, as October 26 settled 22 points lower at 81.13 cents, while December 26 eased 11 points to 82.46 cents. Export shipments for June reached a four-year high of 1.245 million bales. According to the USDA Crop Progress report, 42% of the U.S. cotton crop rated good or excellent, down 4 points from the previous reading. ICE certified stocks dropped by 1,235 bales to 86,371, and the Adjusted World Price increased 84 points to 64.66 cents per pound.
Cotton Comes Back to Close Mixed on Tuesda…
Investor Tension Remains for Novo Nordisk CEO After 2026 Upgrade
August 5, 2026, 5:14 AM EDT. Novo Nordisk CEO Mike Doustdar faces ongoing pressure from investors after raising the 2026 outlook, as doubts over sustained long-term growth persist and market sentiment remains cautious.
Novo CEO faces investor grilling after out…
Iino Kaiun Kaisha (TSE:9119) Q1 2027 EPS Triples, Margins Jump, but Investors Wary on Cash Flows
August 5, 2026, 5:13 AM EDT. Iino Kaiun Kaisha posted basic EPS of ¥105.06 for Q1 2027, over three times higher than ¥30.88 a year ago, with revenue increasing 23% to ¥36,692m. The net margin climbed to 17.3%, supported by a ¥7.8b one-time gain. While the P/E stands at 7.2x, investors show caution over soft cash flow coverage and exposure to cyclical risks as the company moves forward with expanded capital spending in shipping and the new energy arena.
Iino Kaiun Kaisha (TSE:9119) Stock Hides T…
MTG (TSE:7806) Sees Annual Revenue Jump, Quarterly Profit Drops Over 50%
August 5, 2026, 5:12 AM EDT. MTG posted a 54% rise in Q3 revenue to ¥35,963m, with net income and EPS increasing 66% compared to the same period a year ago. But quarterly profit fell by more than half from Q2, with EPS sliding from ¥98.66 to ¥48.64. Shares have climbed 17.6% over the past 90 days, though a decline of 8% last month amid volatile earnings has sparked concerns about the company’s profit consistency despite robust revenue growth.
MTG (TSE:7806) Stock Faces Profit Reset De…
KOIKE YA (TSE:2226) Posts Flat Q1 2027 Revenue; Margins Under Scrutiny
August 5, 2026, 5:11 AM EDT. KOIKE-YA recorded revenue of ¥15.3 billion in Q1 2027, holding steady, while net income increased to ¥623 million and EPS climbed to ¥58.40 from a year earlier. However, a margin squeeze is drawing investor attention, with the shares valued at a 17.7x P/E premium as questions persist about pricing power and cash flow, amid industry-wide cost pressures.
KOIKE YA (TSE:2226) Stock Premium Faces Fr…
Tokyo Seimitsu (TSE:7729) Margin Pressure Persists as Revenues Rise
August 5, 2026, 5:10 AM EDT. Tokyo Seimitsu closed at ¥18,760 with a 15.2% trailing net margin, lower than last year’s 16.7%, marking a profit squeeze even as revenue reached ¥36,716m and net income rose to ¥4,667m in Q1 2027. Basic EPS climbed to ¥114.98. Although earnings showed growth, profit margin compression underscores caution about durability as the share price remained stable over the past month.
Tokyo Seimitsu (TSE:7729) Stock Faces Marg…
UK Eyes Broader Tax on Overseas Profits, Raising Economic Concerns
August 5, 2026, 5:09 AM EDT. The UK tax authority is looking to extend income tax on distributions and capital reductions from non-UK resident companies. This move would alter long-standing rules that have bolstered the UK’s appeal to businesses. The proposed changes could unsettle investment by internationally mobile individuals, private capital managers, and retail investors, possibly counteracting UK ambitions for growth and tax predictability.
UK Changes to Taxing Foreign Profits Would…
Private Student Loan Market Set to Shrink as Federal Caps Tighten

August 5, 2026, 5:07 AM EDT.Federal student loan caps effective July 1, 2026, will restrict graduate student borrowing to $20,500 per year and a lifetime limit of $100,000, discontinuing new Grad PLUS loans. An estimated 17.4% of graduate borrowers with credit scores above 670 borrow above these new thresholds, reducing private lending volumes. Stocks affected include SLM NASDAQ:SLM, SoFi NASDAQ:SOFI, and Navient NASDAQ:NAVI. SoFi recently saw record student loan origination, while Navient’s earnings will be released Thursday after the market closes.
New Student Loan Limits Result in More Mod…
Glencore Targets Wider Shareholder Reach and Better Liquidity With Planned Australia Listing
August 5, 2026, 4:55 AM EDT.Glencore, which trades on the London exchange, is preparing for an Australia listing one year after abandoning a planned New York switch. The decision is intended to expand its shareholder base, boost trading liquidity, and strengthen corporate financial flexibility.
Glencore Plans Australia Listing a Year Af…
Shares of Manipal Health Enterprises Jump 11% Following $975 Million Indian IPO
August 5, 2026, 4:54 AM EDT. Shares of Manipal Health Enterprises climbed 11% after its almost $1 billion IPO, which is the second-largest in India so far this year, highlighting a key development for India’s healthcare sector.
Manipal Health Enterprises Stock Prices Su…
SpaceX Slides More Than 8% as Jump in AI Spending Spurs Investor Concerns
August 5, 2026, 4:53 AM EDT. Shares of SpaceX dropped more than 8% after the company’s capital expenditures soared six times higher to $18.4 billion in Q2, mainly due to investments in artificial intelligence. While CEO Elon Musk upheld his projection of $1 trillion in annual revenue by 2030, investor doubts about high spending and future profits persist. The stock ended the session below its IPO price of $135, highlighting lingering unease as insider lock-up periods expire.
SpaceX dives over 8% after AI spending sur…
U.S. Futures Advance, Oil Steadies Near $80 as Markets Eye Possible Hormuz Deal
August 5, 2026, 4:52 AM EDT. U.S. futures moved higher and oil prices hovered close to $80 as global stock markets gained, supported by hopes for a potential U.S.-Iran agreement that could reopen the Strait of Hormuz and lift investor confidence.
U.S. Futures Higher, Oil Holds Around $80 …
AMD Stock Slides as AI-Driven Expectations Outpace Impressive Revenue Outlook
August 5, 2026, 4:51 AM EDT. Shares of Advanced Micro Devices (AMD) fell 7.4% to $480.28, wiping out $61.1 billion in value as the company’s robust Q3 revenue target of about $13 billion still did not meet lofty investor hopes during the surging AI market. CEO Lisa Su projects that data-center revenue will more than double by 2027, supported by new AI infrastructure agreements with Anthropic and Core Scientific. Data-center revenue for AMD was above forecasts at $6.72 billion.
AMD falls as investors seek bigger AI payo…
Key Chart Emerges as Focus for Stock Market Participants
August 5, 2026, 4:39 AM EDT. The article spotlights a pivotal chart seen as highly relevant in today’s stock market. It presents comprehensive numerical and alphabetical data to underscore its value for market analysis and to draw investor attention.
This may be one of the most important char…
BT Valuation Signals 58% Upside by 2027, Analysts Say
August 5, 2026, 4:38 AM EDT. BT LSE:BT.A shares are down 17% since May but could rally, with a consensus 12-month price target of £2.25, pointing to an 11% upside. Openreach’s expansion of its fibre network to 25m premises by December, anticipated capital expenditure reductions exceeding £1bn, and increasing free cash flow expected to reach £3bn by 2030 serve as key catalysts. Analysts estimate BT will deliver yearly profit growth of 9.9% through 2029. DCF calculations indicate shares are undervalued by 58% at £2.01, with intrinsic value estimated at £4.79 and substantial longer-term potential.
By August 2027, BT shares could turn £10,0…
Nifty 50 Volatile as India Implements Revised Stock Closing Price Method
August 5, 2026, 4:37 AM EDT. The benchmark Nifty 50 index saw significant volatility following the introduction of a new system for determining closing prices on stocks tied to derivatives contracts. The updated methodology has unsettled traders, who worry about increased market volatility stemming from the change.
Explainer: Why has India's new closing pri…
U.S. Stock Index Futures Inch Up After Strong Rally
August 5, 2026, 4:36 AM EDT. U.S. stock index futures are slightly up as investors seek to build on the massive rally, with attention centered on ADP payrolls and Treasury yields for cues about the labor market.
Stock index futures edge higher as Wall St…
ASX Poised for Further Rise After Wall Street Hits Records
August 5, 2026, 4:35 AM EDT. The Australian sharemarket is expected to start higher on Wednesday, with futures pointing to a 0.4% lift or an increase of 35 points. The upward trend follows record highs on Wall Street, while softer oil prices also offer support. Optimism among traders remains high as the positive trend from the US bolsters expectations for ongoing ASX gains.
The Morning Catch-Up: ASX set to extend ga…
SpaceX Reports 92% Revenue Jump; Antofagasta Shares Climb 87% Over Year
August 5, 2026, 4:22 AM EDT. SpaceX NASDAQ:SPCX posted a Q2 revenue of $7.81bn, marking a 92% year-on-year rise as Starlink and AI infrastructure revenue increased 247%. Although shares fell 50% following its IPO, SpaceX’s AI investment this quarter reached $15.8bn, prompting investor caution. In the UK, copper miner Antofagasta LSE:ANTO surged 87% in the last year and 140% over five years, with 2025 profit up 53% to $3.16bn and margins at 60%, supported by strong global copper demand amid EV and AI data center build-out.
Massive news for SpaceX but my eyes are gl…
BP Shares Retreat from 16-Year Peak; Analysts See Upside and Long-Term Growth Potential by 2027
August 5, 2026, 4:21 AM EDT. BP shares LSE:BP have fallen back from a recent one-year peak of £6.09 to about £5.35, influenced by optimism surrounding a US-Iran peace agreement. Analysts maintain a Buy rating and set a 12-month price target of £5.96, indicating a possible 13% gain that could boost a £19,999 investment to £22,660. A long-term discounted cash flow assessment places the share value at £13.49-61% undervalued-implying potential to reach £51,289 by 2027.
Off their 16-year high, by August 2027 BP …
Fresnillo Lifts FTSE 100 as Precious Metals and Copper Advance
August 5, 2026, 4:20 AM EDT. The FTSE 100 climbed, boosted by mining shares as Fresnillo PLC LSE:FRES advanced 5% after reporting interim results with gross profit doubling. Gold prices climbed above $4,060 an ounce, driving Endeavour Mining PLC LSE:EDV up 3%. Copper approached a two-month peak near $14,000 per tonne, supporting gains in Antofagasta PLC LSE:ANTO and Glencore PLC LSE:GLEN, both higher by 3%. The rally was supported by tighter supply and increased demand from data centers.
Fresnillo leads FTSE 100 higher as preciou…
Stock Market Update: Manipal Health Rallies 11%, SpaceX Earnings in Focus, Bitcoin Trend Reverses – August 5, 2026

August 5, 2026, 4:19 AM EDT. On August 5, 2026, Manipal Health Enterprises surged 11% above its IPO price to trade at Rs 652-655 after the IPO drew a 4.92 times oversubscription and the market valuation hit Rs 86,157.21 crore. Gold climbed above $4,115, maintaining bullish sentiment during NFP week. SpaceX posted robust earnings, but shares moved lower as the company faces a $116bn hurdle. Bitcoin’s advantage over the S&P 500 and Nasdaq eased, with major stock-to-BTC ratios moving above their 200-week averages and suggesting a change in momentum.
Stock Market Today: Live Updates 05.08.202…
Manipal Health Opens 11% Higher Than IPO Price on Market Debut
August 5, 2026, 4:08 AM EDT. Manipal Health Enterprises began trading on August 5, opening 11% above its IPO price at Rs 652 on the NSE and Rs 655 on the BSE. The IPO was oversubscribed 4.92 times, with shares offered in a price band of Rs 560-590. Following the listing, market capitalization reached Rs 86,157.21 crore. While listing gains were solid, worries persist over rising borrowings and marginally lower profits, underscoring the need for improved operational integration and a focus on reducing debt for sustainable growth.
Manipal Health shares list at 11% premium …
Gold (XAU/USD) & Silver Outlook: Gold Clears Double Top as NFP Week Unfolds
August 5, 2026, 4:07 AM EDT.Gold finished above the double top at $4,115, advancing to $4,136 and moving past major EMAs at $4,068 and $4,071. The move highlights renewed bullish momentum. Immediate resistance targets are $4,148, $4,181, and $4,211, with nearby support at $4,115 and $4,079 should prices retreat. Bullion remains in focus during NFP week.
Gold (XAU/USD) & Silver Price Forecast: NF…
SpaceX Surpasses Forecasts in Debut Quarterly Results; $116bn Hurdle Weighs on Shares
August 5, 2026, 4:05 AM EDT. SpaceX Corp NASDAQ:SPCX reported stronger-than-expected results in its first quarterly update as a public entity. However, despite posting robust earnings, shares fell as investors focused on the company’s major $116 billion challenge.
SpaceX's earnings beat runs into a $116bn …
Bitcoin's Lead Over S&P 500, Nasdaq Slips as Stock Ratios Top Key Levels
August 5, 2026, 4:04 AM EDT.Bitcoin (BTC) has previously outperformed equities such as the S&P 500 and Nasdaq, but indications now suggest its advantage could be waning. The S&P 500-to-bitcoin ratio has climbed above its 200-week simple moving average for the first time, a move pointing to growing relative strength in stocks. Similarly, the Nasdaq/BTC ratio has also moved past this important trend threshold, suggesting a possible shift in market momentum.