Nifty 50 Drops After Gains Reverse on New Closing Mechanism
August 4, 2026, 4:51 AM EDT.India’s Nifty 50 index slipped as the previous rally attributed to a new closing mechanism reversed, indicating market recalibration. Analysis was backed by ICE Data Services and FactSet, with full coverage including sources like the American Bankers Association and TradingView.
India's Nifty 50 falls as new closing mech…
CSL and CBA See Renewed Fund Manager Interest After Earnings Misses
August 4, 2026, 4:50 AM EDT. Following underwhelming earnings results in the last season, fund managers have renewed their large bets on CSL and Commonwealth Bank (CBA), two of the Australian market’s major stocks. Both names continue to dominate market attention and feature prominently in investor strategy this profit season, despite ongoing market swings.
Fund managers are back betting big on CSL …
Gulf Shares Climb as Investors Weigh U.S.-Iran Talks, Earnings
August 4, 2026, 4:49 AM EDT. Gulf stock indexes advanced on Tuesday, with investors weighing mixed signals over possible U.S.-Iran negotiations and drawing support from upbeat corporate earnings that boosted sentiment across the region.
Most Gulf markets gain as investors weigh …
Bitcoin Wallet Untouched Since 2013 Shifts $31 Million Following $130 Million Coldcard Breach
August 4, 2026, 4:41 AM EDT. An inactive bitcoin wallet from 2013 transferred $31 million. Since July 30, hackers exploited a vulnerability in Coldcard wallets dating back to March 2021, siphoning around $130 million in BTC. CryptoQuant reported an uptick in transfers from wallets idle for 5-10 years, with 935 BTC not moved in over a decade transferring on Aug. 3, and 6,388 BTC dormant for 5-7 years moved on July 31, indicating possible security-related migrations triggered by the breach.
BTC news: A bitcoin wallet dormant since 2…
Toyota Sees Fifth Straight Quarterly Profit Drop as Weak China Sales and Iran Conflict Press Margins
August 4, 2026, 4:40 AM EDT. Toyota reported its fifth consecutive quarterly profit drop, as falling China sales and higher material and parts costs from the Iran war hurt performance.
Toyota profit drops for fifth straight qua…
Jio-BlackRock Debuts Nifty 50 ETF in India
August 4, 2026, 4:39 AM EDT. Jio Financial Services and BlackRock have launched the JioBlackRock Nifty 50 ETF, marking their entry into India’s ETF segment. The ETF mirrors the Nifty 50 Index, which includes India’s top 50 firms. By June 30, Jio BlackRock Asset Management reported assets under management of approximately ₹180 billion ($1.89 billion). BlackRock’s global ETF holdings total $5.5 trillion. The ETF is available through the JioBlackRock website and the JioFinance and MyJio applications.
Jio-BlackRock enters India's ETF market wi…
ABTC CEO Mike Ho Sticks to Bitcoin Growth Strategy as Holdings and Shares Rise in Q2
August 4, 2026, 4:38 AM EDT. American Bitcoin Corp. NASDAQ:ABTC CEO Mike Ho reiterated a focus on increasing Bitcoin per share, after the company lifted its Bitcoin holdings by 14% and shares climbed 3%, marking an 11% gain in per-share Bitcoin ownership. The firm reported second-quarter revenue of $67.015 million and a per-share loss of $0.80, both missing analyst forecasts. Eric Trump underscored his continued confidence in Bitcoin’s future. After jumping 5.98% in the regular session, ABTC shares dropped 2.22% in after-hours trading.
Eric Trump-Led American Bitcoin To Adopt M…
UK Stocks: BP Profit Grows, Keller Lifts Dividend, Filtronic Falls Short
August 4, 2026, 4:37 AM EDT.BP posted a jump in profit with underlying replacement cost profit reaching $8,930m against $3,734m a year earlier and raised its dividend by 4%. Keller delivered strong interim results, with revenue up 11.1% to £1,608m, earnings climbing 22.4%, and a dividend increase of 57%, driven by high US infrastructure demand. Filtronic underperformed expectations, reporting revenue of £55.5m versus £56.3m the previous year, and profit fell to £4.6m from £14m, resulting in an 8% share slide.
UK stock market results today: BP, Keller,…
Mercury General (MCY) Shares Seen 17% Undervalued After 267% Three-Year Rally
August 4, 2026, 4:36 AM EDT. Mercury General (MCY) shares have skyrocketed 267% over three years and added 50.5% in the last year, yet the stock appears 16.8% undervalued based on the Excess Returns intrinsic value of $128.90 compared to current levels. The firm demonstrates efficient equity-to-earnings conversion, posting a 17.53% return on equity and steady EPS of $5.76. While valuation signals are mixed, MCY continues to screen as undervalued across several metrics.
Mercury General (MCY) Stock Could Be 17% U…
Celestica TSX:CLS Raises 2026 Forecast as Shares Drop 18%
August 4, 2026, 4:35 AM EDT. Celestica TSX:CLS posted improved Q2 2026 results and boosted its full-year revenue guidance. The stock has fallen 18% over the past 90 days, suggesting a potential 32% undervaluation, with fair value estimated at CA$677, compared to a recent trading price of CA$463.87. The company’s growth is fuelled by rising demand for AI infrastructure and digital transformation, though its dependence on hyperscaler clients presents a risk to continued momentum.
Celestica (TSX:CLS) Lifted Guidance, Is Th…
Pelagos Insurance Capital (PLGO) Announces Dividend; Stock Trades Near Fair Value
August 4, 2026, 4:34 AM EDT. Pelagos Insurance Capital (PLGO) announced a quarterly dividend of $0.15 per share, scheduled to be paid on September 25, 2026. Shares currently trade at $25.31, providing a 30.60% return for the year to date and a 66.73% total return over one year. With a fair value estimate at $25.72, PLGO is trading around 1.6% below fair value, supported by advanced AI technologies and creative underwriting, while facing exposure to catastrophe risk and competitive pricing pressures.
Pelagos Insurance Capital (PLGO) Could Be …
Monster Beverage (MNST) Q2 2026 Earnings on Radar as Valuation Stretched
August 4, 2026, 4:33 AM EDT. Monster Beverage (MNST) reports Q2 2026 earnings on August 6, with market attention on international sales and new product results against a pricey valuation. The stock stands at $93.55 after a recent dip, delivering a 1-year shareholder gain of 58.45%. Analysts see MNST as 34.6% overvalued, with a conservative fair value target of $69.48, reflecting concerns about potential pressures on growth and profit margins.
Monster Beverage (MNST) Heads Into Q2 Earn…
LIC shares fall 7% after government unveils Rs 31,000 crore OFS to offload 6.5% stake at discounted price
August 4, 2026, 4:20 AM EDT. LIC stock declined 7% to Rs 398.5 on August 4 following the government’s announcement of an offer for sale (OFS) for up to a 6.5% stake at Rs 382 per share, reflecting an 11% discount. The offer aims to collect Rs 31,000 crore and will help LIC comply with SEBI’s minimum public shareholding rule, lowering state ownership from 96.5% to 90% by May 2027.
LIC stock sinks 7% as government launches …
Markets Live: US Overheating Risks Mount With Fiscal Policy and Investments in Focus
August 4, 2026, 4:18 AM EDT. The US economy faces overstimulated conditions driven by significant fiscal support, accommodative monetary policy, robust business spending, and persistently low real interest rates. These dynamics raise concerns of overheating in bond markets, even as political and geopolitical uncertainties persist. At the same time, Czech ammunition producer CSG has committed more than €100 million to an industrial facility in Saxony, Germany.
Stock Market Today: Live Updates 04.08.202…
US fiscal boost and easy money spark concerns of economic overheating
August 4, 2026, 4:04 AM EDT. The US economy is exhibiting overstimulated conditions as a result of fiscal largesse, loose financial conditions, strong business investment, and real interest rates near zero. While political turbulence and international tensions persist, these drivers are propelling growth and prompting unease in bond markets about the prospect of overheating.
US economy is overstimulated — and bond ma…
CSG of Czech Republic Buys Industrial Site in Saxony, to Invest More Than €100M
August 4, 2026, 4:03 AM EDT.CSG, a Czech ammunition manufacturer, purchased the Gnaschwitz industrial facility in Saxony, Germany, with an initial development investment planned at over €100 million ($115 million), the company said on Tuesday.
Czech ammunition maker CSG acquires indust…
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