On May 5, 2025, the US stock market closed with mixed results. The Dow Jones Industrial Average fell by 0.5%, while the S&P 500 and Nasdaq Composite showed slight gains of 0.2% and 0.3%, respectively.

In sector performance, gold stocks surged, with Gold Fields rising 7.92% and Harmony Gold Mining up 5.85%. Conversely, the Trump-related stocks faced significant declines, with $DJT$ and $PHUN$ leading the drop.

Berkshire Hathaway fell 4.98% following Warren Buffett's announcement to step down as CEO at the end of 2025. Investors expressed concerns about the company's future leadership, contributing to the stock's decline.

Tesla Motors experienced a 2.42% drop due to declining sales in Europe and increased competition from Chinese electric vehicle manufacturers. The negative sentiment was further fueled by potential regulatory changes affecting Tesla's zero-emission credits.

Netflix saw a 1.94% decrease after President Trump's announcement of tariffs on foreign-made films, impacting cinema and media stocks. This unexpected move created uncertainty in the industry, affecting major players like Netflix and Disney.

Palantir Technologies Inc. slightly declined by 0.41% despite exceeding earnings expectations. The company's AI military systems have gained recognition, but investor sentiment remains cautious.

Nike dropped 2.12% following JP Morgan's adjustment of its price target from $64.00 to $56.00 per share, reflecting a neutral outlook on the stock's performance.

Roblox Corporation fell 3.06% despite Oppenheimer raising its price target to $80.00 per share, indicating confidence in the company's growth potential.