Stock Movers Tesla Downgrade; Robinhood & AppLovin Miss Index
Jun 9, 2025
Tesla's stock faces challenges after a downgrade from Baird, highlighting concerns over its growth despite excitement about new vehicle launches. Meanwhile, Robinhood and AppLovin drop in value after learning they won’t be added to the S&P 500, causing ripples in the market. The podcast also discusses a surprising surge in drone stocks, spurred by government initiatives, offering a contrast to the struggles of major tech firms. Tune in for the latest market reactions and insights!
AI Snips
Chapters
Transcript
Episode notes
Tesla Downgrades Reflect Market Skepticism
- Tesla stock faced downgrades due to a fundamentally poor quarter despite recent rally gains.
- Optimism about robotaxi service and affordable vehicles may be overly hopeful, adding uncertainty.
Trump Boosts U.S. Drone Industry
- Trump's executive orders bolster U.S. drone capabilities and aim to reduce reliance on foreign adversaries like China.
- This move boosts drone stocks ahead of major sports events like the 2026 FIFA World Cup and 2028 Olympics.
Robinhood and AppLovin Miss S&P 500
- Robinhood and AppLovin shares dropped after they were not added to the S&P 500 index during quarterly rebalancing.
- Analysts had predicted Robinhood would be added, causing disappointment and sell-off post-announcement.