- Stock markets digest many major developments Including President Donald Trump’s announcement that he spoke with Chinese leader Xi Jinping on customs and trade. Meanwhile, Trump and its former headquarters Timing The CEO of Elon Musk continued to circulate negative aggression-aggressive enemy-on their social media platforms. xrespectively.
On Thursday, the movement, to the bottom of the markets, led many headings to the stock market movements. Dow closed down 0.25 %, while the S&P 500 closed 0.53 %. Technology technology Nasdak 0.83 % decreased.
However, the main driver was increasing General conflict Between two billionaires: President Donald Trump and former Eileon Musk. Shares From Tesla, where Musk is the CEO, more than 14 % decreased today, as investors were afraid that the president’s repercussions between the president and the electrical company could increase Tesla’s fortunes.
“This is not what you want to see as a contributor to Tesla,” said Tesla Mega Dan Ivis. to talk on CNBCAdding that he does not think that the dispute was concluded yet. “Bring popcorn.”
Evz said that the battle between Trump and Misk, which played on social media, raised questions about the future of Tesla being Simpatico with the organizers when it comes to independent vehicles. He added: “Does Trump now not want to play well in the sand box with musk.”
Evis said that the timing of Musk in going out on Trump is also scratching a head, given that Tesla launches the Cybercab roboty service in Austin, Texas this month. Evis said that investors will wonder whether the “beef” between the two would increase or move. But he noticed: “Fighting friends.”
Early cracks began to appear among the former friends when the Ministry of Governmental efficiency (DOGE) seemed to be divided into tax cuts and the spending package referred to as the “Big Beautiful Bill” bill for Trump. Early, Musk was confirmed in his general comments on the bill, even when he said he was afraid to undermine Dog’s attempts to reduce federal spending. However, after his light criticism, he announced that he would come out of Dog.
Then last Friday, Trump put a display of unity with a farewell press conference in the Oval Office, where Trump Moussk presented a gold key, and both men praised each other.
Less than a week, the rift was blatant.
Trump told reporters: “(Musk) did not say badly about me personally, but I am sure that it would be the next,” Trump told reporters. “I am very disappointed in Elon; I helped Illon a lot.”
Meanwhile, Musk did not neglect words about the draft law, describing it.Confused abomination“It was published on X:” In the history of the entire civilization, there was no great and beautiful legislation, “MUSK.
Trump published on the social truth that “Elon was wearing”, asked him to leave, and took the state of EV, which forced everyone to buy electric cars that no one wanted (who had known for months to do!), And he felt mad! “
“Such a clear lie. Very sad,” the musk has spread in response on Thursday afternoon.
The battle escalated until the later time in the day when Musk claimed that X was that Trump was “in Epstein’s files.”
Musk wrote: “This is the real reason behind not publishing them in public.” “I wish you a happy day, DJT!”
The White House did not immediately respond to a request for comment.
Meanwhile, earlier in the day, Trump wrote on the social truth that he had a fruitful invitation with President Xi Jinping from China in a 90 -minute commercial deal. The president wrote on social media, “The result was” a very positive conclusion for both countries. “He said that the conversation was almost focused on” trade “.
Although it is not clear how commercial talks between the two countries will advance, the announcement led to a preliminary climb that was ultimately cooled before it turned into negative.
Fast food for the investor
While the main headlines push stock markets to move up and down all day, many investors prevent noise and are looking for opportunities in volatility.
Kimal Brucker, Director of the portfolio I saw the head of the First Eagle Investments Global Value team, luck Brocker said that daily issues do not affect their evaluation of the value of the companies they invest in. If anything, volatility can be useful for investors who have pre -targeted prices.
“If things become crazy enough and people are worried enough of the high volatility, this may be very useful as long as you know what you want to buy and what you want to pay for that.”
It will not have a few hours of news a major impact on the future performance of Google, for example.
“We have a list of companies that we want to buy and set what we are ready to pay the price of companies on that list,” he said. “If you are considering increasing the market and fluctuations, there is a greater chance – everything else is equal – it will come to its range.”
Likewise, the hedge fund founder Charles Limmides said luck Although the markets have been largely flat for a long time, companies are still working well.
Public dollar The shares rose by 1.9 % on Thursday, while Dollar tree It was 9 % rising. Five below Arrows rise 5.6 %.
“These numbers tell you that people are still shopping and the world is still going on,” said Limmides. “There is a lot of noise on definitions, politics, personalities and stock markets – but in the real world, things are the current situation to a large extent.”
He suggested that if the investors believe that the company is “great” and they want to own it within three or five years from now, they must move forward and move forward. He pointed out that stocks are like Qualcomm The micron is now relatively inexpensive.
Limmids said his box bought Hudson Pacific properties yesterday. The Real Estate Investment Fund has office buildings on the West Coast and the stock was previously the dollar per share. Now, it is traded about $ 2.
Ultimately, while stock prices move, the actual health of companies is not affected by a lot of this amount.
“If you are ready to wait, the fluctuations will really become your friend,” Bruker said. “It’s unpleasant. I realize that many people do not like the things that wander, especially when it decreases. But in reality it can be a very useful aspect because it gives you an opportunity to buy securities at the prices you might like.”
This story was originally shown on Fortune.com
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