The Daily

Tesla Inc. (NASDAQ: TSLA) is experiencing a dramatic decline as of June 5, trading at $284.70 after shedding 14.3% in a single trading session. 

The plunge marked one of Tesla’s steepest one-day losses in recent quarters. 

Highlights

• Tesla shares fell 14.3% to $284.70 after breaking below critical moving averages and a bearish wedge pattern. 

 » Read more about: Tesla stock plunges 14% as Musk-Trump feud deepens investor concerns  »

 » Read more about: 'US is going to hit the wall': Wall Street sounds alarm over Trump's 'One Big Beautiful Bill'  »

The fragile trade truce between the United States and China has, for now, been pulled back from the brink.

US President Donald Trump finally got his long-anticipated phone call with Chinese leader Xi Jinping, during which the two agreed to resume trade talks that had stalled over accusations from each side that the other had reneged on previous promises.

 » Read more about: Trump-Xi call restores trade truce. But the supply chain war has no end in sight  »

Average UK house prices dipped 0.4% in May, representing a fall of nearly £1,150, after changes to stamp duty came into effect, according to the latest data from Halifax.

The average UK property is now valued at £296,648, down from £297,781 in April, when house prices rose for the first time this year.

 » Read more about: FTSE 100 LIVE: Stocks mixed as traders weigh up Trump-Musk row and trade war developments  »

Germany could face two more years of recession if a trade war with the United States escalates sharply,

 » Read more about: Germany faces two more years of recession if US trade war escalates: central bank  »

If you’ve been looking for life-changing returns in the stock market, D-Wave Quantum (NYSE: QBTS) might have already caught your eye. After all, the stock is up an eye-watering 103% so far this year. But while those gains might set off a rush of FOMO, there’s a catch because this stock moves fast,

 » Read more about: Could This Quantum Stock Make You a Millionaire?  »

 » Read more about: This Dubious Milestone Might Be Nvidia's Biggest Red Flag to Date — Should Investors Be Worried?  »

Bitcoin and Ethereum face $3.7 billion options expiry today, with low put-to-call ratios indicating bullish setups and looming volatility.

 » Read more about: Nearly $4 Billion Bitcoin and Ethereum Options Expire Today As Calls Dominate  »

 » Read more about: Not Taking Single-Stock ETFs for Granite  »

 » Read more about: Investment Advisers Become Top Holders of Spot Bitcoin ETFs, Ether ETF Demand Rises  »