Musk-Trump falling out, Apple's AI challenges ahead of WWDC, pharmaceutical stocks

Video Description

Market Domination anchors Julie Hyman and Josh Lipton break down the latest financial news for June 6, 2025. Markets surged following the May jobs report, with the S&P 500 surpassing 6,000. The US labor market added 139,000 jobs, the unemployment rate held steady, and average hourly wages bumped. We speak to experts about the US economy's resilience and what it means for investors. Wedbush analyst Dan Ives speaks with Julie and Josh about the Tesla stock moves following the fallout between President Trump and Tesla CEO Elon Musk. Ives discusses the "shock" of the two men going from bromance to frenemies and how it "caught investors off guard." Apple is gearing up for its annual Worldwide Developers Conference (WWDC) next week, but expectations may be tempered. Ives believes sentiment is way too low on Apple as investors and consumers wait to see if the tech giant can deliver on its AI platform. For more videos on Market Domination, please visit: https://finance.yahoo.com/videos/series/market-domination/ #youtube #stocks #Musk #trump About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance