Benzinga Bulls And Bears: Spotify, Applied Digital, DocuSign — And Tesla Swings On Musk-Trump Feud

Benzinga
2025.06.07 12:00
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Benzinga reports on the stock market's positive performance, driven by a strong May jobs report, with the S&P 500 rising 1.5%. Tesla's stock faced volatility due to CEO Elon Musk's feud with President Trump, dropping 14% before rebounding 3.7%. Spotify shares hit a record high after a Goldman Sachs projection, while Applied Digital surged 48% on a lease deal. Conversely, DocuSign and PVH stocks fell after earnings reports. Upcoming U.S.-China trade talks are anticipated to stabilize markets further.