• Yahoo Finance Video

    Apple WWDC: Vision Pro announcement, stock reaction

    Apple officially announced its Vision Pro mixed reality headset at its annual WWDC event on Monday. Yahoo Finance spoke to experts across the industry regarding the announcement, the high $3,499 price tag, and Apple stock reaction. Yahoo Finance Live's Akiko Fujita provided her taked on the Vision Pro headset price point. Fujita said, "We're talking about $3,500, and that's going to be the real test for Apple." Yahoo Finance tech editor Dan Howley attended the WWDC event and gave his opinion on consumer interest. Howley said, "As far as VR, AR goes overall, this seems to be the one that's going to get people the most interested." Eric Abbruzzese, ABI Research Research Director, and Bob O'Donnell, TECHnalysis Research President & Chief Analyst, joined Yahoo Finance Live to break down some of the key themes from the WWDC event. Abbruzzese said, "$3,500 is a tough pill to swallow for anybody ... but Apple is very good at delivering unique content in a very seamless way." O'Donnell said, "I think they did a good job of positioning it in a way a lot of different people could see, oh maybe I could use that." Yahoo Finance markets reporter Jared Blikre took a look at Apple (AAPL) stock after the Vision Pro announcement. Blikre said, "We really saw a big sell off, that big down red candle, that came off on the announcement of the headset ... but I think it's notable too that Apple had climbed to a record-high just before that announcement." Video highlights: 00:00:03 - Yahoo Finance Live's Seana Smith and Akiko Fujita 00:00:25 - Yahoo Finance tech editor Dan Howley 00:00:40 - Bob O'Donnell, TECHnalysis Research President & Chief Analyst 00:01:05 - Eric Abbruzzese, ABI Research Research Director 00:01:19 - Yahoo Finance markets reporter Jared Blikre

  • Investor's Business Daily

    Market Rally Holds Bulk Of Recent Gains Despite Apple Reversal; 5 Stocks In Buy Areas

    The market rally saw modest losses Monday as Apple dipped after unveiling its $3,499 Vision Pro goggles. Tesla leads five stocks in buy areas.

  • Bloomberg

    Intel to Raise About $1.5 Billion in Sale of Part of Mobileye

    (Bloomberg) -- Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16 Triggers Sonic Boom Pursuing Cessn

  • The Independent

    iOS 17: Apple adds host of new features to iPhone with new software update

    Update adds journaling tools, new ‘StandBy’ mode aimed at making the iPhone more useful more of the time, and tweaks to apps such as Messages and the phone app

  • TheStreet.com

    Apple Is Making a Very Helpful Update to Its AirPods

    Apple announced quite a lot at its WWDC 2023 conference. AirPods will be getting a number of new features this fall that will come with the latest operating software updates of iOS 17, iPadOS 17 and TVOS 17.

  • Reuters

    Panasonic to boost battery output at Tesla's Nevada Gigafactory - Nikkei

    The company's unit, Panasonic Energy, will install a 15th production line at Gigafactory Nevada, the report said. The report comes after Panasonic said last month it plans to build at least two new factories for the production of Tesla 4680 battery cells in North America by 2030. At the time, Panasonic had not disclosed where in North America it would add the production capacity.

  • Quartz

    Apple's Vision Pro VR headset announcement did more for shares of Unity than for Apple

    After years of speculation, Apple officially released its version of a virtual and augmented reality headset called the Apple Vision Pro. Dubbing the product a “spatial computer,” and strategically avoiding the word metaverse, Apple CEO Tim Cook introduced the device at the company’s Worldwide Developers Conference (WWDC) in Cupertino, California.

  • The Independent

    Apple launches Vision Pro, a VR headset it hopes will be most important product since iPhone

    Headset marks a shift towards ‘spatial computing’, says CEO Tim Cook

  • 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.

  • WSJ

    Apple Vision Pro: What to Know About the Mixed-Reality Headset

    Apple unveiled its Vision Pro mixed-reality headset at the company’s Worldwide Developers Conference on Monday. WSJ’s Joanna Stern breaks down the hardware specs, the software capabilities and more. Photo: Apple

  • Quartz

    Apple’s Vision Pro announcement at WWDC didn’t mention the word “metaverse”

    Apple announced an augmented reality headset on Monday (June 5), a direct challenge to Meta’s Oculus virtual reality platform.

  • Reuters

    Intel to sell $1.5 billion stake in Mobileye

    After the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares of the Jerusalem, Israel-based Mobileye fell over 4% to $40.55 in extended trading. The share sale comes at a time when the company is facing intense competition in the assisted driving market from chipmakers Nvidia Corp and Qualcomm Inc, which are trying to make inroads into the space.

  • Bloomberg

    Apple Retreats From Record High After Unveiling $3,499 Headset

    (Bloomberg) -- Apple Inc. closed lower Monday, reversing gains that sent shares to an all-time high earlier in the day, after investors balked at the steep price of its newly-launched Vision Pro mixed-reality headset. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16

  • Bloomberg

    Apple Debuts $3,499 Vision Pro Headset in Test of Marketing

    (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 RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and See

  • Insider Monkey

    10 5G Stocks Billionaires Are Loading Up On

    In this article, we discuss 10 5G stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 5G Stocks Billionaires Are Loading Up On. The global market for 5G technologies is projected to experience substantial growth, with an expected increase from $30.62 billion in 2022 to […]

  • Reuters

    Factbox-Here's what Apple unveiled at WWDC: Vision Pro, 15-inch MacBook Air, OS updates

    Apple's Vision Pro, pitted against Meta Platforms Inc's Quest line and PlayStation VR from Sony Group, marks the iPhone maker's foray into a new product category since the Apple Watch was launched nine years ago. After months of speculation, Apple finally showed off its AR headset. Starting at $3,499 - three times Meta's priciest device - it will begin retailing early next year.

  • Yahoo Finance Video

    Apple's headset revealed, SEC sues Binance, oil production cut: Top stories

    Apple unveiling its Vision Pro mixed reality headset, the SEC suing crypto giant Binance, and Saudi Arabia pledging to cut production by one million barrels a day- these are just some of the top headlines the Yahoo Finance Live team is watching.

  • Financial Times

    Apple: Vision Pro headset looks good but offers no new ideas for VR

    There’s building suspense and then there’s forcing your audience to sit through a two hour presentation before announcing that your hotly anticipated, much-delayed virtual reality headsets won’t go on sale until next year. Apple is a pro at classy design and quality presentations. Apple has not broken out figures showing the cost of development.

  • Investor's Business Daily

    IBD Stock Of The Day Fortinet: Why This Top 1% Security Name Is Soaring

    Fortinet is Monday's IBD Stock Of The Day. After peeling back through most of 2022, FTNT stock is making a comeback.

  • Investopedia

    Office CMBS Delinquency Rates Jump by Most in Almost 5 Years

    Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.

  • The Wall Street Journal

    How the Tech Mania Is Rippling Through Markets

    Traders are betting that the recent run in technology stocks isn't over just yet. Here's how the trade is trickling through markets. **Surging Tech Inflows** Inflows to technology-focused stock funds jumped to $1.

  • Investopedia

    Markets Drop as Early Session Gains Fade in the Afternoon

    U.S. equities gave up early gains as initial enthusiasm for Apple (AAPL) new mixed-reality headset faded, and a report showing the services industries grew at a slower pace than anticipated raised concerns about economic expansion. Apple shares began the session trading at a record high ahead of the introduction of the VR Pro headset, which some had labeled the company’s most-important product since the iPhone. EPAM Systems (EPAM) shares plummeted after the engineering software firm slashed its guidance, saying customers have become “cautious” about spending.

  • Investopedia

    Dow Jones Today: Apple Headset Can’t Lift Index

    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.

  • AP Finance

    See Apple's pivotal product announcements through history

    Apple has a long history of designing products that aren't the first to be introduced in a particular category but still redefine the market. Heralded by a now-most famous TV commercial, the Macintosh computer lived up to the revolutionary promise made by Apple co-founder Steve Jobs during its 1984 unveiling. Among other things, the Mac ushered in the era of the graphical user interface (known as “GUI” in tech parlance) and the navigational mouse.

  • Investopedia

    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years

    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.