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Tesla Shares Sink
Trump and Elon feud | Trump talks to Xi | Circle IPO
Welcome Back,

Market Headlines ๐
US President Trump and Elon Musk public spat grows as Elon says he is very disappointed with the spending bill and Trump questions how good their current relationship is.
ADP private sector jobs grew just 37k for the month of May, lowest in two years.
US and China leaders spoke today, Trump citing it was a good call with Xi.
US Weekly jobless claims rose to 247k, a seven month high.
European Central Bank (ECB) cut their fed funds rate for a eighth consective time.
Microsoft (MST) shares saw all time highs in the trading session today.
Circle (CRCL) stable coin crypto company IPO opens at more than double IPO price of $31.
Lululemon (LULU) shares sink after company cuts full year guidance.
Earnings ๐ธ
Broadcom (AVGO)
EPS: $1.58 beats (exp. $1.57)
Revenue: $15b beats (exp. $14.95b)
Docusign (DOCU)
EPS: $0.90 beats (exp. $0.81)
Revenue: $763.64m beats (exp. $748.92m)
Lululemon (LULU)
EPS: $2.60 beats (exp. $2.58)
Revenue: $2.37b beats (exp. $2.36b)
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S&P 500 Heatmap ๐ฅ

Recap Around the Street ๐ง
A lot of back and forth tweets between Elon and Trump leading to a major drop in Tesla share price through the session.

Source: Bloomberg
Market Preview ๐๏ธ
Friday, June 6th: Consumer credit; Non-farm payrolls; Unemployment data
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