On August 5, 2026, US stock markets reached new record highs. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posted gains, reflecting strong investor sentiment. The S&P 500 rose by 0.65%, the Dow Jones increased by 0.7%, and the Nasdaq climbed by 0.42%.

In sector performance, gold and silver stocks saw significant gains. The US Gold Stocks sector surged by 8%, with notable performers including Gold Fields up 9.32%, Anglogold Ashanti up 8.71%, and Agnico Eagle Mines up 9.85%. Similarly, the US Silver Stocks sector rose by 6%, with Pan American Silver gaining 7.41% and First Majestic Silver up 6.79%. Meanwhile, the ChatGPT-related stocks experienced a downturn, with Alphabet and Alphabet both declining by 4.05% and 4.03%, respectively.

NVIDIA saw a 3.43% increase, marking its fifth consecutive day of gains. Analysts reiterated a "buy" rating, citing potential revenue growth linked to SpaceX developments, which could enhance its 2027 revenue visibility. This reflects a positive market sentiment towards NVIDIA's future prospects.

SpaceX experienced a sharp decline of 13.60% following the release of its first financial report. Despite strong earnings, concerns over high capital expenditures and its entry into the mobile communications market weighed heavily on its stock price.

Eli Lilly rose by 4.76% after reporting second-quarter revenue of $22.97 billion, a 48% year-over-year increase. The company also raised its full-year revenue guidance to $85-87 billion, driven by strong sales of its core products, Mounjaro and Zepbound.

Alphabet and Alphabet both fell by 4.05% and 4.03%, respectively, following significant management changes at DeepMind. The departure of key executives, including CEO Demis Hassabis and Chief Scientist Jeff Dean, raised concerns about the company's ability to sustain its AI-related revenue amidst high capital expenditures.

Advanced Micro Devices dropped by 7.04% as its earnings report exceeded expectations, but its forward guidance fell short, leading to investor concerns about future growth.

Walt Disney gained 3.63% after reporting better-than-expected third-quarter earnings. The company announced an increase in its share buyback target and unveiled a $24 billion content investment strategy, focusing on Disney+ and sports content, which boosted investor confidence.