Stock Market Today: Dow skids 850 points
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Musk's time at the head of the Department of Government Efficiency (DOGE), his support of German far-right politics, and his general online political antagonism have led to a precipitous sales decline across the globe. April saw a nearly 50% drop in Tesla's E.U. sales year over year. The same month saw a 34% increase in overall EV sales in the E.U.
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US stock market opened volatile on June 12, 2025, as President Donald Trump announced a “done” trade deal with China, yet market reactions stayed cautious. Despite Trump’s claim of a 55% China tariff,
Intel (NASDAQ: INTC) stock saw a day of big sell-offs in Wednesday's daily session. The chip company's share price closed out the day down 6.3% due to concerns that competitive pressures are mounting.
Chime, a digital bank popular with younger customers, is the latest tech firm to go public. The stock will begin trading Thursday under the ticker symbol CHYM.