Iran, Israel and U.S. stock market
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Key TakeawaysTesla shares have recovered the lion’s share of losses that followed Elon Musk's public feud with President Donald Trump, as investors await the automaker's upcoming robotaxi launch.Tesla bulls have recently defended the 50- and 200-day moving averages in a move that has coincided with the relative strength index reclaiming its neutral threshold to signal a recovery in price momentum.
President Donald Trump has set off a fresh round of worrying about his approach toward the Federal Reserve with his statement that his pick for the next Fed chair is “coming out very soon.”
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MiBolsilloColombia on MSNWhere are Trump's millions coming from while he's President?Donald Trump's presidency has not only been marked by political decisions but also by substantial financial gains. His income streams, detailed in a recent financial disclosure, reveal a complex web of luxury properties,
Trump also reported income in 2024 of more than $57 million from World Liberty Financial, the Trump family crypto startup.
Last week, a social media post from Elon Musk caused many people to stop in their tracks. The Tesla (TSLA) CEO had taken his conflict with President Donald Trump in a direction that seemed shocking, even for him.
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
So far, so-called Bro Billionaire stocks have trounced shares of small companies, according to a team led by Michael Hartnett, investment strategist at BofA Global Research.
President Trump signed legislation a law California's electric vehicle mandate, which 11 other states adopted and would have required 100% zero-emission cars by 2035.