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Tech IPO success sparks surprise as markets surge, driven by defense and microcaps, but analysts warn the rally isn't sustainable without broader economic shifts, even as RBI rate cuts boost June momentum.

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Departure of Tesla’s humanoid robot boss caps tough week for Elon Musk, amid bitter fallout with Trump
neutralFinancial Markets
Tesla’s humanoid robotics chief, Milan Kovac, is stepping down, citing personal reasons—specifically, wanting to spend more time with family overseas. He insists his departure isn’t tied to any drama, calling his support for Elon Musk "ironclad." But the exit comes during a rough patch for Musk, who’s also dealing with a public spat with former President Trump.
Editor’s Note: High-profile departures at Tesla always raise eyebrows, especially when Musk is already in the spotlight for other controversies. Kovac’s insistence that there’s no bad blood might calm some nerves, but in the hyper-scrutinized world of Tesla, even "personal reasons" get side-eyed. It’s a reminder of how closely watched—and often turbulent—Musk’s companies remain.
Tesla's head of Optimus humanoid robot program to leave firm
negativeFinancial Markets
Tesla's lead for its Optimus humanoid robot project is stepping down, marking another high-profile departure from the company. The move raises questions about the future of Tesla's ambitious robotics efforts, which Elon Musk has touted as a key part of the company's long-term vision.
Editor’s Note: Losing a key leader in a cutting-edge project like Optimus isn't just about one person leaving—it signals potential turbulence in Tesla's push into robotics. Given Musk's grand promises about humanoid robots revolutionizing labor, this departure might slow progress or shake confidence in Tesla's ability to deliver. For investors and tech watchers, it’s another reminder that even the most futuristic ventures aren’t immune to real-world instability.
Core Molding Technologies CEO sells shares worth $325,197
neutralFinancial Markets
The CEO of Core Molding Technologies just sold off a chunk of his company shares—totaling over $325,000. While insider stock sales can raise eyebrows, it doesn’t always spell trouble. Sometimes execs sell for personal reasons like diversifying investments or covering expenses. But investors might still wonder if this hints at something bigger, like concerns about the company’s future.
Editor’s Note: Insider stock sales can be a mixed bag—they’re routine for some, a red flag for others. For shareholders, it’s worth keeping an eye on whether this is a one-off or part of a trend, especially in a market where leadership confidence (or lack thereof) can move stock prices.
Ark Chief Futurist on Musk-Trump Rift’s Impact on Tesla
neutralFinancial Markets
Ark Invest's top futurist, Brett Winton, weighs in on how the public spat between Elon Musk and former President Trump could shake things up for Tesla. In a chat with Bloomberg, he unpacks whether the drama might rattle investors or shift the company’s trajectory—because when two high-profile figures clash, it’s never just about the tweets.
Editor’s Note: Musk and Trump’s feud isn’t just gossip—it could have real stakes for Tesla, a company already navigating electric vehicle market swings and Musk’s polarizing persona. Winton’s take offers a reality check on whether this rift is a sideshow or something that might actually steer the stock or Tesla’s future moves. For investors and EV watchers, it’s a reminder that personality clashes can ripple through boardrooms and balance sheets.

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