• Bloomberg

    Apple’s $3,499 Vision Pro Headset Will Test Marketing Might

    (Bloomberg) -- Apple Inc. will charge an eye-popping $3,499 for its long-awaited mixed-reality headset, testing whether consumers are ready to spend big bucks on a technology that the company sees as the future of computing. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorg

  • The Wall Street Journal

    Apple Releases Vision Pro Headset, First Major New Product in a Decade

    The device allows users to experience virtual reality and digital apps overlaid on the real world. The company also unveiled key features for the iPhone and a 15-inch MacBook Air.

  • Financial Times

    Apple unveils Vision Pro ‘mixed reality’ headset

    Apple unveiled its long-awaited “mixed reality” headset on Monday, in its most anticipated hardware product launch since Steve Jobs revealed the iPad in 2010. It combines virtual reality with augmented reality, which overlays digital images on top of the real world. Apple said it would sell for $3,499, even more than most analysts had expected and nearly 12 times the price of Meta’s Quest 2, the biggest-selling VR headset.

  • CoinDesk

    Apple's New Headset Could Change the Way We Design the Metaverse

    Apple on Monday announced its Vision Pro headset, which it says "seamlessly blends digital content with the physical world." What could this mean for the future of Web3?

  • Insider Monkey

    10 Undervalued S&P 500 Stocks Billionaires Are Loading Up On

    In this article, we discuss 10 undervalued S&P 500 stocks billionaires are loading up on. You can skip our detailed analysis of value stocks and their performance, and go directly to read 5 Undervalued S&P 500 Stocks Billionaires Are Loading Up On. The value investing approach, popularized by Benjamin Graham and practiced by billionaire Warren […]

  • Motley Fool

    Why CrowdStrike Stock Surged 33% in May

    In the case of CrowdStrike in May, I can't point to a business reason to explain why it was up so much. Now, CrowdStrike did technically deliver news related to its business fundamentals in May -- on May 31, it reported financial results for its fiscal 2024 first quarter, which ended April 30. The cases of CrowdStrike and SentinelOne are instructive in this regard.

  • TheStreet.com

    Apple Announces Partnership with Disney During Game-Changing Virtual Headset Launch

    Apple CEO Tim Cook welcomed a shocking special guest to its 2023 Worldwide Developers Conference (WWDC) stage. During the introduction of Apple's newest product, Vision Pro, Cook welcomed in Disney CEO Bob Iger who announced that Disney Plus would be available on Apple's newest platform on "day one." Apple did not give an exact date when the Vision Pro would be launching, but did tease that the $3,499 product will be released sometime "early next year."

  • Reuters

    UPDATE 1-US natgas up 3% on hot weather forecasts, soaring global prices

    The amount of U.S. power generated by wind so far this week dropped to just 6% of the total versus a recent high of 12% during the week ended May 12, according to federal energy data. Refinitiv forecast U.S. gas demand, including exports, would ease from 95.9 bcfd this week to 95.3 bcfd next week on expectations wind power will remain low this week.

  • Yahoo Finance

    Hollywood directors reach deal with studios as writers strike enters sixth week

    The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.

  • Zacks

    Here's Why SentinelOne (S) is Poised for a Turnaround After Losing -20.43% in 4 Weeks

    The heavy selling pressure might have exhausted for SentinelOne (S) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

  • Reuters

    US natgas futures jump 5% on low wind power forecasts, soaring global prices

    U.S. natural gas futures soared 5% on Monday on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices. Gas flows to the seven big U.S. LNG export plants have slid to 12.1 bcfd so far in June from 13.0 bcfd in May. That was well below the monthly record of 14.0 bcfd in April due to maintenance at several facilities, including Cheniere Energy Inc's Sabine Pass in Louisiana.

  • Financial Times

    Some Barclays analysts explain “why Hollywood writers misunderstand the role of AI in content creation”

    In some ways, the unpredictability of the experience, the complete surrender to the artist is the point of art — whether it is the worlds imagined by James Cameron in Avatar or simple strokes of a Picasso. Technology in itself independent of the artist does not really have intent. It’s a distinction at the crux of Chapter 3 — “Why Hollywood writers misunderstand the role of AI in content creation” — and it’s timely stuff.

  • Zacks

    Natural Gas Takes a Weekly Drubbing on EIA Report, Weather

    In the absence of a sustained a rally in the natural gas market, we advise focusing on fundamentally sound companies like CHK and LNG.

  • Motley Fool

    This 1 Chart Sums Up What's Wrong With Disney Stock

    After an unbelievable surge in 2020 and 2021, Walt Disney (NYSE: DIS) stock has round-tripped and is back down near eight-year lows. Despite a slew of challenges ahead, here's why the sell-off in Disney stock looks like a buying opportunity. Disney's main issue over the past three to four years has been that something is always going wrong.

  • Reuters

    INSIGHT-Energy sector's COVID recovery turns into massive CEO payday

    The CEOs of America’s biggest oil companies were paid a lot more in the first year of the COVID crisis than initially estimated, thanks to stock-heavy compensation packages that have since soared in value, according to an examination of pay disclosures over three years. The analysis of filings by companies in the S&P 500 Energy Sector Index shows stock-based CEO pay is now worth nearly $500 million, up sharply from initial estimates of $187 million. Investors, shareholder advocates and professors who study CEO pay say the eye-popping returns on COVID-era compensation reflect the problems of stock-heavy pay for energy CEOs, chiefly that it often links pay too closely to external factors including oil and gas price swings instead of to long-term financial performance.

  • Reuters

    UPDATE 4-Viaplay shares plunge 60% as outlook worsens, replaces CEO

    Shares of Swedish streaming company Viaplay Group fell by 60% on Monday to a record low after warning of a weakening business environment as rising living costs dent demand, and announced it was replacing its chief executive. The group, which competes with Netflix Inc and Walt Disney Co's Disney+, lowered its short-term organic sales growth projections for 2023 to 16%-17.5% from its previous forecast of 24%-26%. Viaplay also said cost cuts were taking longer than planned, and predicted an operating loss of between 250 million and 300 million Swedish crowns ($23.0 million-$27.6 million) in the second quarter.

  • Motley Fool

    Why Global-E Stock Jumped 29% in May

    Shares of Global-E Online (NASDAQ: GLBE) Stock gained 29% in May, according to data from S&P Global Market Intelligence. Global-E is a young growth company with a niche platform. It services business and enterprise clients with cross-border e-commerce solutions, such as localized checkouts and customs calculations.

  • TheStreet.com

    Disney Theme Park Rival Adds Time-Saving Tech (No More Lines)

    The theme park giant has done something that will make visits to its parks much more pleasant while also solving another pain point.

  • TheStreet.com

    Disney Has a Wild New Vacation Offer

    Walt Disney has a lot of diehard fans. Since the company owns not just its own iconic characters like Mickey Mouse, Donald Duck, Goofy, and the rest, but also Star Wars, Marvel, Pixar, and its own classic animation characters, Disney has a lot of people who cross from fan to fanatic. Walt Disney doesn't just sell the normal array of T-shirts, toys, backpacks, and other gear you would expect.

  • Motley Fool

    SentinelOne Is Grounded; CrowdStrike Flies -- Can This AI Cybersecurity Stock Make a Comeback?

    SentinelOne is proving to the uninitiated how tough it is to catch a break into the cybersecurity industry.

  • Insider Monkey

    10 Oil Stocks Billionaires Are Loading Up On

    In this article, we discuss 10 oil stocks that billionaires are buying. If you want to see more stocks in this selection, check out 5 Oil Stocks Billionaires Are Loading Up On. According to Deloitte, the global oil and gas sector entered 2023 with a strong balance sheet position and a controlled capital spending strategy. The […]

  • Reuters

    Exclusive-Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts

    (Reuters) -Walt Disney's Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade. The cuts included "Lightyear" director Angus MacLane, a 26-year animator who was part of the senior creative team on such acclaimed films as “Toy Story 4” and “Coco.” Galyn Susman, producer of "Lightyear," also departed.

  • Reuters

    Walt Disney's Pixar Animation eliminates 75 positions

    Walt Disney's Pixar Animation Studios has eliminated 75 positions, including that of the director of and producer of the box office disappointment “Lightyear,” in the first significant job cuts at the studio in a decade, sources say. Among those targeted in a round of layoffs were Angus MacLane, a 26-year veteran animator who was part of the senior creative team on such acclaimed films as “Toy Story 4” and “Coco,” and producer Galyn Susman, who has been at Pixar since the release of the original “Toy Story” movie in 1995. MacLane and Susman could not be reached for comment.

  • Simply Wall St.

    An Intrinsic Calculation For EQT Corporation (NYSE:EQT) Suggests It's 33% Undervalued

    Key Insights The projected fair value for EQT is US$54.81 based on 2 Stage Free Cash Flow to Equity EQT is estimated to...

  • Motley Fool

    Is SentinelOne Stock a Buy?

    SentinelOne's (NYSE: S) stock plunged 36% during after-hours trading on June 1 following its release of a messy earnings report. For the first quarter of fiscal 2024, which ended on April 30, the cybersecurity specialist's revenue rose 70% year over year to $133 million but missed analysts' estimates by $3 million.