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.
This chart says bitcoin's biggest bragging…
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