Here are the headlines trending in the stock market today (June, 6).
Fiat Chrysler withdraws its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker.
The Federal Aviation Administration issued a certificate to Amazon Prime Air, allowing the company to operate its MK27 unmanned aircraft for package deliveries. It means that Amazon prime packages are one step closer to being delivered by drones.
The month of May saw Tesla continue “to extend its lead vs. a still-small group of true EV competitors,” wrote Morgan Stanley’s analyst Adam Jonas in a note to investors and added that Tesla’s sales in the U.S. are up 73% than last May.