Tech stocks today: SpaceX, AMD top quarterly results, but fail to impress Wall Street. Shares sink
https://finance.yahoo.com/technology/live/tech-stocks-today-spacex-amd-top-quarterly-results-but-fail-to-impress-wall-street-shares-sink-140419479.html

S&P 500 and Dow futures tick higher after record day on Wall Street

https://www.cnbc.com/2026/08/04/stock-market-today-live-updates.html?__source=androidappshare

Gold just broke out, Bitcoin is hammering on the door, and the S&P is grinding toward Gareth's next resistance target near 7,810. The Nasdaq 100 has ripped 10% in a single week off last Wednesday's low — that does not happen often. But not everything is celebrating: AMD is down 8% on guidance and SpaceX is getting pounded into the exact measured-move target Gareth called before earnings. On today's Trading Game Plan, he maps the levels on all of it, plus the three supports he'd watch if the S&P finally pulls back.

📐 TODAY'S GAME PLAN

🟢 SPY — Broke out of the wedge after holding the line three times. Next resistance is the 2024 trend line just above 7,810. On a pullback, first support is the former all-time high at 7,620, then the down-sloping trend line, then a third level below.
🟢 QQQ — Up 10% in one week on a Magnificent Seven bid. Gareth flags $737–$738 as massive resistance, where a gap fill and the 0.886 fib retrace stack up — about 1.5% away.
🔵 10-YR YIELD / DXY — Yields flat after a big two-day drop, taking pressure off a September hike. Gareth remains skeptical the Fed actually raises, and wonders if Warsh is talking hawkish to get the effect without the action. Dollar easing back toward a key trend-line retest.
🔴 AMD — Down about 8% on guidance and margins after barely correcting while names like SanDisk fell 50–60%. Day trade only: Gareth's trend line sits just below the $450 round number.
🔴 SPACEX — Getting pounded into the $95–$97 measured move he called ahead of earnings, driven by the huge insider lockup expiry. That's the zone where he would consider a swing buy.
🟢 SHOP — Monster earnings surge that already pierced the $156 gap fill. Next day-trade level is $171 on an extreme extension move.
🔴 SEDG — SolarEdge trounced from about $48 down to $40. Scalp level at $38–$39 on the pivot low; swing interest only near $34.50 and $32.
🟢 ANET / DIS — Arista pops on earnings off recent highs. Disney bounces into a trend line near $106.50 — shortable there, but a confirmed break flips it and Gareth would buy the retrace instead.
🔴 UBER — Down 5–6%. A long-term trend line near $66 is a possible day trade, but it has been hit five times and a sixth makes a break a coin flip, so Gareth would rather wait.
🟢 GOLD — A resounding breakout candle. A close here confirms the wedge break. He is a long-term bull, though he would not be shocked by a run to $4,500 followed by a retrace later this year.
🔵 SILVER — Strong rally, but tons of resistance near $64. Until it clears that, the chart stays troublesome.
🟢 BITCOIN — On the verge of a breakout, hammering a trend line off multiple high pivots. With gold breaking out, Gareth sees reasonable odds it follows: first target $71K–$72K, then as high as $77K.

🔑 KEY TAKEAWAY: Day trades and swing trades need different levels. Gareth will scalp a decent trend line for a few minutes, but a swing hold takes a phenomenal multi-factor level — which is why AMD and Shopify are day trades today and SpaceX only becomes interesting near $95.

⏱ TIMESTAMPS (estimated)
00:00 ADP Miss and the Setup Into Payrolls
02:00 S&P: The 7,810 Target and Three Supports
06:30 Nasdaq Up 10% in One Week
10:00 Yields, the Dollar, and Fed Skepticism
13:00 AMD Drops 8% on Guidance
16:30 SpaceX: The Measured Move Hits
20:00 Shopify, SolarEdge, Arista, Disney
26:00 Uber and the Six-Touch Trend Line
29:00 Gold Breaks Out
32:00 Silver, Oil, and Natural Gas
34:30 Bitcoin About to Surge
36:30 Wrap-Up

#StockMarket #Trading #Gold #Bitcoin #AMD #SpaceX #Shopify #Disney #Uber #Silver #Earnings #DayTrading #Investing

https://www.youtube.com/live/lGSExjfFPew?is=l47xEvoS96C3n1Iw

Why Bai founder Ben Weiss tapped Justin Timberlake to address a big business challenge
https://finance.yahoo.com/markets/article/why-bai-founder-ben-weiss-tapped-justin-timberlake-to-address-a-big-business-challenge-141224540.html

SpaceX's first earnings reveal the cost of becoming an AI giant: #Chart of the Day

https://finance.yahoo.com/markets/article/spacexs-first-earnings-reveal-the-cost-of-becoming-an-ai-giant-chart-of-the-day-100100357.html

The companies defying macro uncertainty and raising guidance: AlphaCheck
https://finance.yahoo.com/markets/article/the-companies-defying-macro-uncertainty-and-raising-guidance-alphacheck-140605238.html

Eli Lilly stock soars on strong demand for weight-loss drugs
https://finance.yahoo.com/markets/stocks/article/eli-lilly-stock-soars-on-strong-demand-for-weight-loss-drugs-135325819.html

7 numbers from AMD earnings reveal an ultra-bullish future: AlphaSpace stats to know
https://finance.yahoo.com/markets/article/7-numbers-from-amd-earnings-reveal-an-ultra-bullish-future-alphaspace-stats-to-know-131200091.html

Uber stock drops as bookings guidance disappoints; CEO bets on robotaxi push to grow overall business
https://finance.yahoo.com/markets/stocks/article/uber-stock-drops-as-bookings-guidance-disappoints-ceo-bets-on-robotaxi-push-to-grow-overall-business-150729446.html

#USMarketUpdate
Stock market today: Dow posts record on hopes for Iran deal, S&P 500 and Nasdaq snap 4-day rally

Live updates

US stocks were mixed on Wednesday after a searing rally, as investors weighed earnings from SpaceX (SPCX) and AMD (AMD), and President Trump's comments that a deal to reopen the Strait of Hormuz could happen as early as Wednesday.

The tech-heavy Nasdaq Composite (^IXIC) slipped 0.8% to snap a 4-day rally. The S&P 500 (^GSPC) retreated from a record to close down nearly 0.2%. The Dow Jones Industrial Average (^DJI) climbed 0.5% to post a new all-time high after Tuesday's record close.

Shares of AI chip heavyweight Nvidia (NVDA) soared more than 3%.

https://finance.yahoo.com/markets/live/stock-market-today-wednesday-august-5-dow-sp-500-nasdaq-oil-093653327.html

While You Were Sleeping: 5 stories you might have missed, Aug 6, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-6-2026

#USMarketUpdate
Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq | Reuters

SUMMARY
SpaceX falls after reporting first earnings since going publicAmgen, Disney help lift DowADP data shows US economy added 44,000 jobs in JulyIndexes: Dow up 0.49%, S&P 500 off 0.17%, Nasdaq down 0.83%

Aug 5 (Reuters) - The Dow closed at a record on Wednesday on signs of progress ​for a peace deal with Iran, while the Nasdaq saw its first decline in five sessions as SpaceX and AMD stumbled following their quarterly ‌earnings.

A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters, in one of the biggest concessions yet to Iran.

https://www.reuters.com/business/media-telecom/sp-500-dow-futures-inch-up-mideast-hopes-offset-spacex-amd-drag-2026-08-05/

Dow closes at record on Middle East optimism; SpaceX, AMD drag Nasdaq
https://www.straitstimes.com/business/companies-markets/dow-closes-at-record-on-middle-east-optimism-spacex-amd-drag-nasdaq

#MarketMind
#TradingDay: Momentum fizzles, gold sizzles

ORLANDO, Florida, Aug 3 (Reuters) - Solid corporate earnings and optimism around a peace deal in the Middle East pushed world stocks to new highs on Wednesday, although momentum cooled as investors digested some tech weakness and the latest hawkish remarks on U.S. interest rates from a Federal Reserve official.

Meanwhile, gold had its best day in six months.
In my ​column today, I put Wall Street's race to new highs in the global context - as impressive as it is, it is far from ‌exceptional. The earnings and growth advantage the U.S. has enjoyed over its developed world peers may be shrinking...

Today's Talking Points:
Lockup countdown
The SpaceX IPO in June was one of the most anticipated in history, and its first share lockup expiry on Thursday is no different. Insiders who acquired stakes before its June listing at a fraction of the $135-per-share IPO price stand to make big gains, but their sales could add fresh pressure on the stock, which is already 20% below its IPO price and 50% off its high...

Inflation expectations
If Fed Chair Kevin Warsh is looking for measures of inflation expectations that ‌lean more ⁠to the benign end of the spectrum, he might consider the 1-year inflation swap rate. It was 1.71% on Wednesday, the lowest since 2024 and down from over 3.5% a few months ago. Importantly, it is below the Fed's 2% medium-term inflation target. The 2-year swap rate got as low as 2.07%...

Time to shine
Gold had its best day on Wednesday in six months, rising 4.5% and moving further away from the $4,000/oz level. Unlike oil or other precious metals lately, gold tends not to move this much — this was one of bullion's biggest one-day rises since the GFC. What gives?...

What could move markets tomorrow?
China trade (July)
Mexico interest rate decision
U.S. Challenger jobs layoffs (July)
U.S. St. Louis ​Fed President Alberto Musalem speaks
Global corporate earnings

https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-08-05/

Google stock drops amid AI leadership shake-up
https://finance.yahoo.com/technology/article/google-stock-drops-amid-deepmind-leadership-shake-up-170219204.html

SanDisk sinks as revenue forecast falls short of expectations
https://finance.yahoo.com/markets/stocks/article/sandisk-stock-sinks-as-revenue-forecast-falls-short-of-expectations-163703465.html

Meta debuts Muse Spark 1.2 and first coding agent as it ramps up competition with OpenAI, Anthropic
https://finance.yahoo.com/technology/article/meta-debuts-muse-spark-12-and-first-coding-agent-as-it-ramps-up-competition-with-openai-anthropic-213338398.html

#Earnings live updates:
Western Digital stock sinks after 200% rally sets high bar, Expedia stock pops

Earnings continue to roll in, driving the stock market to new highs.

SpaceX (SPCX) and AMD (AMD) reported after the closing bell on Tuesday, but the stocks fell as investors weighed capex plans and expectations for bigger beats.
High-flying memory names Sandisk (SNDK) and Western Digital (WDC) also sank on Wednesday after delivering earnings after hot rallies so far this year. Disney (DIS), Uber (UBER), Eli Lilly (LLY), and Kraft Heinz (KHC) also reported results.

https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html

SpaceX stock hits new all-time low as AI capex jumps in Q2
https://finance.yahoo.com/technology/article/spacex-stock-hits-new-all-time-low-as-ai-capex-jumps-in-q2-132323178.html

Goldman Sachs stock doubles from 'Liberation Day' lows
https://finance.yahoo.com/markets/stocks/article/goldman-sachs-stock-doubles-from-liberation-day-lows-180548528.html

Disney's Q3 earnings top estimates on demand for experiences, company exits A+E Media stake
https://finance.yahoo.com/markets/stocks/article/disneys-q3-earnings-top-estimates-on-demand-for-experiences-company-exits-ae-media-stake-103619379.html

Why SpaceX stock may keep tanking if history is any indication
https://finance.yahoo.com/markets/article/why-spacex-stock-may-keep-tanking-if-history-is-any-indication-162308673.html