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From Yahoo Finance: 2025-05-31 07:00:00

May saw the S&P 500 and Nasdaq Composite soar, enjoying their best month since November 2023 due to easing trade tensions, strong earnings, and a stable economy. Apple gears up for its Worldwide Developer Conference with a focus on artificial intelligence amid a 20% drop in shares this year.

Elon Musk aims to shift Tesla’s focus to artificial intelligence, launching a robotaxi service in Austin on June 12. Tesla’s sales fell in the first quarter, impacting shares, but Musk’s exit from Washington has boosted stock value by 60% from April lows.

Nike’s fourth-quarter results may reveal impacts of Trump’s tariffs on earnings. UnitedHealth Group faces a tumultuous time with investigations and controversies, causing shares to plummet by 40% this year. Solar stocks faced a blow as House legislation threatens to end clean energy subsidies, impacting Enphase Energy, SunRun, and First Solar shares.

Read more: These Are Stocks You Should Watch in June