--- title: "S&P 500 Top Stock Gainers Today, 8/5/26" type: "News" locale: "en" url: "https://longbridge.com/en/news/295009533.md" description: "The S&P 500 closed lower on August 5, 2026, driven by pressure on AI stocks. The Materials sector led gains, boosted by rising gold and silver prices and International Flavors & Fragrances raising its revenue guidance. Conversely, Communication Services suffered the largest drawdown; Alphabet fell after key AI executive Jeff Dean's departure, while T-Mobile and Verizon declined following strong satellite connectivity growth reports from SpaceX." datetime: "2026-08-05T20:01:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295009533.md) - [en](https://longbridge.com/en/news/295009533.md) - [zh-HK](https://longbridge.com/zh-HK/news/295009533.md) generator: "portal-rs" --- # S&P 500 Top Stock Gainers Today, 8/5/26 The S&P 500 (SPX) closed lower on Wednesday as several notable AI stocks came under pressure. ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Let's break down the sectors behind the performance. ## **Today's Top-Performing Sector** Materials was the top-performing sector, with International Flavors & Fragrances (IFF) leading the group higher. The perfume and ingredients company rallied after raising its 2026 full year revenue guidance to $7.5 billion at the midpoint. Meanwhile, precious metal and mining companies benefited from rising gold (XAUUSD) and silver (XAGUSD) prices. Several materials stocks led the sector's gains, including: - International Flavors & Fragrances (IFF) - Newmont Mining (NEM) - Freeport-McMoRan (FCX) - Mosaic Company (MOS) - Dupont de Nemours (DD) ## **Today's Worst-Performing Sector** The communication services sector faced the largest drawdown. Alphabet (GOOGL) was the worst performer within the group after CEO Sundar Pichai announced the departure of the company's 30th employee, Jeff Dean. Dean, who was instrumental in advancing Google's AI developments, will be replaced by DeepMind CEO Demis Hassabis. Furthermore, wireless carriers T-Mobile (TMUS) and Verizon (VZ) closed lower after SpaceX (SPCX) reported strong growth in its satellite connectivity services segment. Notable communication services stocks trading lower include: - Alphabet (GOOGL) - EchoStar (ECHO) - T-Mobile (TMUS) - Fox Corp (FOXA) - Verizon (VZ) ### Related Stocks - [TMUS.US](https://longbridge.com/en/quote/TMUS.US.md) - [DTEGY.US](https://longbridge.com/en/quote/DTEGY.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [IFF.US](https://longbridge.com/en/quote/IFF.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [VZ.US](https://longbridge.com/en/quote/VZ.US.md) - [PSLV.US](https://longbridge.com/en/quote/PSLV.US.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [IXP.US](https://longbridge.com/en/quote/IXP.US.md) - [AGQ.US](https://longbridge.com/en/quote/AGQ.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [LTL.US](https://longbridge.com/en/quote/LTL.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [SLVO.US](https://longbridge.com/en/quote/SLVO.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [XLC.US](https://longbridge.com/en/quote/XLC.US.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [SLVR.UK](https://longbridge.com/en/quote/SLVR.UK.md) - [ZSL.US](https://longbridge.com/en/quote/ZSL.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [SIVR.US](https://longbridge.com/en/quote/SIVR.US.md) - [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md) - [GOU.US](https://longbridge.com/en/quote/GOU.US.md) - [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md) - [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [FCX.US](https://longbridge.com/en/quote/FCX.US.md) - [MOS.US](https://longbridge.com/en/quote/MOS.US.md) - [DD.US](https://longbridge.com/en/quote/DD.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [ECHO.US](https://longbridge.com/en/quote/ECHO.US.md) - [FOXA.US](https://longbridge.com/en/quote/FOXA.US.md) - [DD*.US](https://longbridge.com/en/quote/DD*.US.md) - [TMUSL.US](https://longbridge.com/en/quote/TMUSL.US.md) - [TMUSZ.US](https://longbridge.com/en/quote/TMUSZ.US.md) - [TMUSI.US](https://longbridge.com/en/quote/TMUSI.US.md) - [FOX.US](https://longbridge.com/en/quote/FOX.US.md) ## Related News & Research - [Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be ‘A Founding Investor’ Anyway](https://longbridge.com/en/news/296636401.md) - [Google gives publishers a new way to fight AI-driven traffic losses](https://longbridge.com/en/news/296528419.md) - [Does Verizon’s Pixel 11 Push and AI Partnerships Reshape the Bull Case For Verizon Communications (VZ)?](https://longbridge.com/en/news/296016377.md) - [AMZN vs. GOOGL: Rosenblatt Sees One Tech Stock as the 'Most Resilient Leader'](https://longbridge.com/en/news/296515598.md) - [Alphabet Inc. $GOOGL Stock Position Cut by Maj Invest Holding A S](https://longbridge.com/en/news/296018356.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**