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- StockMKTNewz Daily Recap 6/5
StockMKTNewz Daily Recap 6/5
ELON MUSK AND TRUMP BREAK UP
Together with:
Daily Stock Market Recap: 6/5
Hey everyone, it’s @StockMKTNewz - Evan! I’ve posted stock market news every day for almost half a decade. I write this daily recap to make sure you don't miss anything important!
INVEST IN A COMPANY LUNCHING SATELLITES INTO SPACE
The regular readers of this newsletter have seen this one … and if you haven’t looked into it yet, you’re missing out.
Starfighters Space is a very interesting early-stage company trying to break into the small launch satellite market that is currently raising money through a Reg A+ offering!
They’re using a fleet of Mach 2 (1,500 MPH) capable supersonic jets to launch small satellites into orbit, targeting a part of the market that’s been underserved by the bigger players. I visited them at Kennedy Space Center and got to see the jets in person. The team has decades of aerospace experience and a clear plan for breaking into the satellite launch space.
👉 You can check it out here and do your own research
Above is a video of my friend Gav from Wolf_Financial digging deeper into the company/raise
This is not investment advice — just something I thought was worth putting on your radar. For transparency I did put a little money into this round.
The Daily Recap
I think the break up is actually here
— Evan (@StockMKTNewz)
4:48 PM • Jun 5, 2025
🇺🇸 PRESIDENT TRUMP JUST SAID THIS ABOUT ELON MUSK:
- DON'T KNOW IF WE'LL HAVE A GREAT RELATIONSHIP ANYMORE
- HE'S UPSET BECAUSE WE TOOK AWAY THE EV MANDATE, WE SAID NO TO MUSK'S NASA CHOICE, I AM RIGHT ABOUT THE GREAT BIG BEAUTIFUL BILL
— Evan (@StockMKTNewz)
4:05 PM • Jun 5, 2025
🇺🇸 President Trump just said Elon Musk "just went CRAZY!"
— Evan (@StockMKTNewz)
6:39 PM • Jun 5, 2025
All these stocks hit new 52 WEEK HIGHS at some point today
Microsoft $MSFT
Netflix $NFLX
Visa $V
Robinhood $HOOD
Cloudflare $NET
Raytheon $RTX
Intuit $INTU
Spotify $SPOT
US Steel $X
$AXON
Booking $BKNG
British American Tobacco $BTI
Chewy $CHWY
Mr.Cooper $COOP
Coupang $CPNG— Evan (@StockMKTNewz)
7:47 PM • Jun 5, 2025
Circle $CRCL just opened trading at $69 above its IPO price of $31
— Evan (@StockMKTNewz)
4:40 PM • Jun 5, 2025
Microsoft $MSFT stock just hit new ALL TIME HIGHS for the first time since July 2024
— Evan (@StockMKTNewz)
4:03 PM • Jun 5, 2025
🇺🇸 President Trump just said he just finished a "very good phone call" with China's 🇨🇳 leader Xi Jinping:
"The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both Countries." ... "Our respective teams will be meeting shortly at a
— Evan (@StockMKTNewz)
2:49 PM • Jun 5, 2025
CHINESE 🇨🇳 ULTRA LOW COST E-COMMERCE WEBSITES SHEIN AND TEMU SEE 🇺🇸 DEMAND PLUNGE ON ‘DE MINIMIS’ TRADE LOOPHOLE CLOSURE
Temu’s U.S. daily active users (DAUs) dropped 52% in May versus March, while Shein’s were down 25% - Sensor Tower via CNBC
— Evan (@StockMKTNewz)
12:44 PM • Jun 5, 2025
EXPORTS FROM CHINA 🇨🇳 TO THE UNITED STATES 🇺🇸 HIT THEIR LOWEST LEVEL IN APRIL SINCE MARCH 2020
— Evan (@StockMKTNewz)
12:35 PM • Jun 5, 2025
EUROPEAN CENTRAL BANK 🇪🇺 JUST CUT RATES FOR THE 8TH TIME
THE EUROPEAN CENTRAL BANK JUST CUT ITS DEPOSIT FACILITY RATE BY 0.25% TO 2%
— Evan (@StockMKTNewz)
12:18 PM • Jun 5, 2025
Citi $C announced today plans to cut around 3,500 technology positions in China 🇨🇳 - CNBC
— Evan (@StockMKTNewz)
12:15 PM • Jun 5, 2025
Spotify $SPOT and United Airlines $UAL just announced a new partnership to make
"Music, Podcasts, and Audiobooks Now Available on 130,000+ Seatback Screens"
— Evan (@StockMKTNewz)
12:02 PM • Jun 5, 2025
Robinhood $HOOD just said it now has more than $250 Billion of assets on its platform as of the end of May
— Evan (@StockMKTNewz)
11:34 AM • Jun 5, 2025
BROADCOM $AVGO JUST REPORTED EARNINGS
EPS of $1.58 beating expectations of $1.57
Revenue of $15B beating expectations of $14.97B— Evan (@StockMKTNewz)
8:16 PM • Jun 5, 2025
Get Ready For Tomorrow
Earnings Hub: This is the earnings calendar I rely on daily during earnings season. Make your earnings season much easier by checking out Earnings Hub
GoMoon Macro: Shoutout to GoMoon for making this macro calendar, they made this calendar for traders who need to keep up with the big events that impact the market intraday
Catalyst Watch:

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Disclaimer:
Nothing in this newsletter is financial advice or a recommendation to buy or sell any securities. I’m just reporting the news. Always do your own research and talk to a licensed professional before making financial decisions. Some links may be affiliate links, which means I may earn a small commission if you choose to sign up or make a purchase. It never affects what I choose to include. Some content may be sponsored. I only work with brands I think are a good fit for my audience. Giveaway entries do not guarantee a win. Winners are selected randomly and will be contacted directly by the StockMKTNewz team.