Major Market Shakeups: Tesla Tumbles, Apple Slides, and Microsoft’s Meteoric Rise—Tonight’s Must-See Wall Street Recap
Stocks spiral after hours—Tesla’s historic plunge, Apple’s sharp drop, and Microsoft’s climb rewrite investor playbooks for 2025. Here’s what’s driving the market chaos.
- Tesla shares plunge 14%—Now 42% off December high
- Lululemon drops 23% after cutting guidance
- Apple down 20% so far in 2025, ahead of WWDC
- 30-year Treasury yield: 4.88%
Wall Street was rocked after hours as a wave of red swept over top stocks. Tesla led the selloff, suffering a stunning 14% drop on Thursday alone, deepening its decline to 42% below its December 2024 high. Meanwhile, Apple shares continued to spiral, falling 20% year-to-date as anticipation builds for the upcoming Worldwide Developers Conference.
Even retail favorite Lululemon felt the heat. Despite beating Wall Street’s Q1 profit forecasts, the brand’s stock crashed 23% as the company lowered its yearly outlook, citing tough economic conditions.
The after-hours carnage also hit chip giant Broadcom, whose stock slipped more than 4% despite solid quarterly results. A leading CNBC trader signaled caution, stressing that Broadcom may slide further despite its recent highs.
What’s Fueling the Stock Shock?
Heavy hitters like Tesla and Apple are feeling the squeeze from a volatile mix of macroeconomic uncertainty and sector-specific challenges. Tesla’s dramatic drop mirrors investor unease over ongoing leadership controversies and heightened competition. Apple’s dip ahead of its much-anticipated developer event reflects investor nerves as the tech landscape shifts toward AI and mixed reality.
All this played out amid a very public and escalating feud between former President Donald Trump and Elon Musk, a social media spectacle that’s only adding to Wall Street’s jitters. Speaker of the House Mike Johnson is set to address these conditions live on CNBC’s CNBC “Squawk Box,” spotlighting policy and regulatory crosswinds facing the market.
Which Funds Are Weathering the Storm?
Active managers are scrambling to manage concentrated bets on the Musk empire. Ron Baron’s Focused Growth Fund (BFGIX) holds 11% in SpaceX and 8% in Tesla, while Cathie Wood’s ARK Venture Fund (ARKVX) stakes 13% on SpaceX and nearly 6% on AI darling xAI. Both funds are still positive year-to-date—BFGIX is up about 8% in the past month, ARKVX about 1%. But high expense ratios, especially ARKVX’s 4.71%, are raising eyebrows.
Bond Yields: Where Do Safe Havens Stand?
Bond markets offer a mixed picture heading into Friday’s jobs report—one of the most critical economic updates for 2025. The U.S. 30-year and 20-year Treasury yields hover at 4.88%, while the 10-year sits at 4.39%. High-yield corporate bond ETFs are enticing investors with returns ranging from 5.85% to 10.5%. Check the latest at Bloomberg and Fidelity for live updates.
Q: What Can Investors Expect Next?
Investors should brace for more volatility as tomorrow’s jobs report hits. The direction of bond yields, continued fallout from Musk and Trump’s online battle, and Apple’s WWDC headlines are set to push stocks one way or another.
How to Navigate Turbulent Markets in 2025
- Review your portfolio allocations—Are you overweight in high-volatility tech?
- Watch bond yields—Rising yields may signal shifting risk appetite.
- Monitor fund expenses—High fees can eat into gains, especially in choppy markets.
- Stay updated on key reports—Jobs data, tech earnings, and Fed statements can move the markets fast.
Related Links
- CNBC
- Bloomberg
- Nasdaq
- Yahoo Finance
Don’t get caught off guard!
- Check your portfolio first thing in the morning
- Follow up on Apple’s WWDC news for tech stock signals
- Catch the U.S. jobs report at 8:30 a.m. ET
- Track real-time market analysis at CNBC and Bloomberg
Subscribe to the ‘Stocks @ Night’ newsletter for your essential daily market edge—free, fast, and direct to your inbox! Stay vigilant and invest smart in 2025.
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