Tesla Starts Recovering After Feud. Energy, Healthcare, and Chip Stocks Rally.

Published: June 10, 2025 by Omor IE

Key Points

Energy, healthcare, and chip stocks have driven the market higher today.
Tesla has stopped falling and has recovered slightly due to the Musk-Trump feud cooling down.
Many stocks have made big moves in both directions.
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Energy, healthcare, and chip stocks are carrying the market today. The S&P 500 Energy sector is up 2.16%, and this is due to crude oil prices staging a sustained recovery from May lows. Crude oil futures are up 6.85% in just the past month, and there’s more optimism due to U.S.-China trade talks taking place in London.

Healthcare stocks are being carried higher as they are catching up with the rest of the market. They are also recovering from an earlier scare of President Trump lowering drug prices, but many doubt enforcement. Eli Lilly (NYSE: LLY) is up almost 4% today, and many other healthcare names are not too far behind.

As for chip stocks, Intel (NASDAQ: INTC) has popped 8%. Qualcomm (NASDAQ: QCOM), KLA Corp (NASDAQ: KALC), Lam Research (NASDAQ: LCRX), and Analog Devices (NASDAQ: ADI) are up 2% to 3%.

Here’s a market update as of 2:00 PM (ET) today.

The S&P 500 is up 17 points, or 0.28%.
The Nasdaq Composite is up 39.49 points, or 0.2%.
The Dow Jones Industrial Average is up 58.33 points, or 0.14%.

Tesla Starts Recovery

Tesla (NASDAQ: TSLA) had one of its biggest one-day declines and shed $152 billion of its market value due to the Musk-Trump spat. However, this has since cooled down, and Musk has deleted some of his tweets attacking President Donald Trump. According to many, Trump took a more “restrained” public tone.

Trump is back to discussing policy, and Elon Musk seems back at Tesla and his other companies. As such, TSLA stock has been on a recovery, though it is far from its peak.

Notable Gainers Today

LiveWire Group (NYSE: LVWR) is up 36.4% as it has been on a 700%-plus rally since May 23.
QuantaSing Group (NASDAQ: QSG) is up 34.2% after Citi upgraded it. It has a new price target of $9.52, vs. $6.1 earlier.
Insmed (NASDAQ: INSM) is up 27.6% after solid experimental hypertension drug trial results.
BGM Group (NASDAQ: BGM) is up 24.8% after announcing acquisitions to boost its AI capabilities.
Metsera (NASDAQ: MTSR ) is up 17.7% after positive Phase 1 trial results for its obesity drug.

Notable Losers Today

Liquidia (NASDAQ: LQDA) is down 17.5% after good mid-stage data for Insmed’s PAH asset.
Calavo Growers (NASDAQ: CVGW) is down 15.7% after posting disappointing Q2 earnings. It missed EPS estimates by $0.13.
J M Smucker (NYSE: SJM) is down 14.9% after disappointing on earnings day. Net sales fell 3% year-over-year to $2.14 billion vs. $2.19 billion expected. Adjusted EPS came in at $2.31 vs. $2.24 expected, but this was offset by guidance being lowered for fiscal 2026.
AAON (NASDAQ: AAON) is down 14%. The company’s revenue growth target of 12.5% and its gross margin target of 32% were worse than what the market expected.
United Therapeutics (NASDAQ: UTHR) is down 14% for the same reason as LQDA.