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Bitcoin (BTC) Tests $64,500 Resistance as Money Flow Index Hits 100; Bulls Eye Breakout Above $64.2K
Bitcoin rose to $64,244 on August 5, 2026, as buyers challenged key resistance. The leading cryptocurrency reached an intraday high of $64,511 before encountering selling pressure. Momentum indicators signal extreme overbought conditions as the Money Flow Index touched 100. Institutional traders now focus on a sustained breakout above $64,200 to confirm further upward momentum. Technical…
Chevron Falls 1.4% as Trump Attacks Oil Windfall Profits on August 5
Trump attacks Chevron and ExxonMobil for record profits from Iran conflict, demanding price cuts. Chevron Q2 profit surged 400% to $12.1B as gas prices hit $4.10/gallon.
LIC (NSE: LICI) Trades at ₹391.75, Up 0.12%, as Investors Assess Government Stake Sale and Market Demand
LIC shares traded at ₹391.75 on August 5, 2026, up 0.12% as retail bidding opens. The stock stabilizes after Tuesday’s sharp decline tied to the government’s stake sale announcement. The Centre is selling up to 6.5% of LIC through a two-day Offer for Sale. Retail investors can now place bids at a floor price of…
Australia’s Housing Market Slides 5% as NAB Slashes Forecast; Buyers Freeze
NAB forecasts Australian capital city house prices to fall 5% in 2026, with Sydney down 10% and Melbourne down 9%. Buyer activity has collapsed as sellers rush to list before prices slide further.
Spokane Arson Suspect Arraigned; Old Trails Fire Destroys 700+ Buildings
Aaron Farinacci arrested for first-degree arson in connection with Old Trails Fire near Spokane. Fire destroyed 700+ buildings and forced 65,000 evacuations. Farinacci previously convicted of manslaughter in Arizona.
SpaceX Stock Drops 8% After Earnings Beat as AI Capex Soars to $15.8B
SpaceX reports Q2 revenue of $7.81B, up 92% YoY, but stock falls 8% as AI capex hits $15.8B and lockup expiration looms. Meyka rates SPCX a D+.
ANA Boeing 767 Nearly Collides With Government Jet Over Haneda on August 05
ANA Flight NH968 from Shanghai came within 100 feet of a Japanese Civil Aviation Bureau inspection jet over Tokyo Haneda on August 4. TCAS activated and the Boeing 767 climbed to safety. Ministry investigating.
SpaceX Stock Drops 7% After Q2 Earnings Beat as AI Spending Soars
SpaceX stock fell 7% after reporting Q2 revenue of $7.8B, up 92% YoY, but capital expenditures jumped to $18.4B as the company pursues AI infrastructure investments.
Arrest Warrant Issued for Lim Tean After He Fails to Surrender on August 3
An arrest warrant has been issued for Lim Tean after he failed to surrender at Singapore’s State Courts on August 3 to begin serving a three-month-and-one-week jail sentence for practising law without a valid certificate.