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When Billionaires Collide, Portfolios Hide

When Billionaires Collide, Portfolios Hide

Market Report for Thursday, June 5, 2025

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Jason Kelly
Jun 05, 2025
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Wall Street Wink
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When Billionaires Collide, Portfolios Hide
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When Billionaires Collide, Portfolios Hide

Thursday’s drift-down wasn’t about rates or China—though both made cameos. It was about a tech mogul and a president airing their breakup so loudly it could’ve used a moderator and a commercial break. With Tesla in a tailspin and egos fully engaged, markets did the sensible thing: ducked.

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