5 ETF Areas That Thrived Amid the Trump-Musk Feud Yesterday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 06 2025
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Source: NASDAQ.COM
Political Feud Impacting Markets: A public dispute between President Trump and Tesla CEO Elon Musk has unsettled investors, leading to a 14.3% drop in Tesla shares on June 5, 2025, amidst concerns over potential revocation of federal subsidies and contracts for Musk's companies.
ETF Performance Amid Market Volatility: Despite the political drama, certain exchange-traded funds (ETFs) saw significant gains, with T-REX 2X Inverse Tesla Daily Target ETF rising by 30%, while silver prices surged due to increased industrial demand, particularly from the AI sector.
Analyst Views on KORU
Wall Street analysts forecast KORU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KORU is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 297.470
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Current: 297.470
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
