• Reuters

    Marketmind: Nervy markets back on central bank watch

    Markets are increasingly looking for the Federal Reserve to pause rate hikes next week, and, amid a blackout on Fed speakers, will be focusing heavily on economic data in the days ahead. For the U.S. rates outlook, CME FedWatch tool shows that the probability of the Fed standing pat at the June 13-14 meeting is now at 82%. There was no such drama for the ECB, with President Christine Lagarde on Monday cementing expectations of more rate hikes by reaffirming that it was too early to call a peak in core inflation despite "signs of moderation".

  • Reuters

    MORNING BID EUROPE-Nervy markets back on central bank watch

    Markets are increasingly looking for the Federal Reserve to pause rate hikes next week, and, amid a blackout on Fed speakers, will be focusing heavily on economic data in the days ahead. For the U.S. rates outlook, CME FedWatch tool shows that the probability of the Fed standing pat at the June 13-14 meeting is now at 82%. There was no such drama for the ECB, with President Christine Lagarde on Monday cementing expectations of more rate hikes by reaffirming that it was too early to call a peak in core inflation despite "signs of moderation".

  • Barrons.com

    Apple Is Going Big on Pricey Goggles. 6 Key Takeaways.

    Apple announced an augmented reality headset for a stunning $3,499—higher than most observers had expected. Keep you sales projections in check.

  • AP Finance

    Soccer players demand change for rampant online racist abuse, turn to AI for protection

    Missing penalties in a major international soccer final was bad enough for three Black players on England’s national team. Being subjected to a torrent of racial abuse on social media in the aftermath made it even worse. “It’s stupid,” said Nedum Onuoha, a retired Black player who was in the top divisions of English and U.S. soccer for 16 years.

  • The Wall Street Journal

    Apple’s Augmented Reality Faces Real Questions

    Apple augmented-reality device is finally real. Apple used the opening keynote of its annual Worldwide Developers Conference on Monday to introduce the Vision Pro, an AR headset that also allows for virtual-reality uses. Apple has never been shy about trying to command premium prices, and the Vision Pro introduced Monday certainly offers a more attractive design than previous VR and AR headsets.

  • Financial Times

    ‘Fear of missing out’ drives retail investors to ride AI wave

    Retail investors have increased their exposure to technology stocks after missing out on the market rally driven this year by artificial intelligence, with many having preferred cash or low-risk money market funds. Net purchases of US stocks by retail investors hit almost $1.5bn on May 30 and 31, the highest daily figures in three months, data from VandaTrack shows. Tech stocks were among the main beneficiaries, at the end of a month in which retail interest in AI-associated companies began to broaden and benefit the likes of Palantir, Marvell Technology and UiPath, as well as bigger names like Nvidia and Microsoft.

  • Reuters

    What it's like to try Apple's new Vision Pro headset

    Apple Inc on Monday let analysts and media, including Reuters, try its $3,499 Vision Pro headset. What is immediately clear is the device is not yet meant for a mass market: a test drive requires a setup session with Apple staff and a quick visit with a vision specialist to ensure the headset fits and functions as intended. Instead of starting with a consumer version and working up to a "Pro" model, Apple is starting with the premium tier and hoping to bring prices down as the technology matures, said Carolina Milanesi, an analyst with Creative Strategies.

  • Investor's Business Daily

    Market Rally Retreats On Apple Reveal, But Not Much; 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.

  • AP Finance

    Microsoft will pay $20M to settle U.S. charges of illegally collecting children's data

    Microsoft will pay a fine of $20 million to settle Federal Trade Commission charges that it illegally collected and retained the data of children who signed up to use its Xbox video game console. The agency charged that Microsoft gathered the data without notifying parents or obtaining their consent, and that it also illegally held onto the data. In a blog post, Microsoft corporate vice president for Xbox Dave McCarthy outlined additional steps the company is now taking to improve its age verification systems and to ensure that parents are involved in the creation of child accounts for the service.

  • The Independent

    iOS 17 release date and compatibility: When Apple will release new iPhone, iPad and Mac updates – and which will get it

    New update brings range of new features – but drops support for iPhone X

  • TheStreet.com

    Tesla Foe Stellantis Has Huge News About Electric Vehicle Goal

    The race for Tesla rivals to become all-electric is getting more competitive as legacy automakers unveil and produce new electric vehicles and retire their internal combustion engine models. General Motors says that its new EV Silverado truck with a 400 mile range will be available for retail sales in summer 2024. Its GMC division in April unveiled its supertruck 2023 GMC Hummer EV 3X, as well as its 2024 GMC Hummer EV Edition 1 and GMC Hummer EV 3X SUVs.

  • The Telegraph

    Apple Vision Pro VR headset: Specs, price and demos at WWDC 2023

    Apple has finally unveiled its long-awaited virtual reality (VR) headset called Vision Pro.

  • The Wall Street Journal

    Apple Vision Pro: I Tried the New Mixed-Reality Headset

    Our columnist was one of the first to try Apple’s new headset, which arrives early next year for $3,499

  • Zacks

    Time to Buy Broadcom (AVGO) or Dell Technologies (DELL) Stock After Earnings

    Broadcom (AVGO) and Dell Technologies (DELL) are two notable technology companies that were able to beat earnings expectations last week. Both companies are also trending names in the landscape of artificial intelligence which has continued to gain steam.

  • Motley Fool

    Apple Stock Hits Intraday Record Amid Headset Announcement

    Apple is seldom the first to arrive at a party, but it knows how to make a grand entrance when it does show up. After years of delays, rumors,...

  • Reuters

    UPDATE 2-Microsoft to pay $20 mln to settle US charges for violating children's privacy

    Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday. The company had been charged with violating the U.S. Children's Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents' consent, and by retaining children's personal information, the FTC said in a statement.

  • Bloomberg

    Hacking Spree Feared After Breach of File-Sharing Software

    (Bloomberg) -- Cybersecurity experts are bracing for a potential wave of extortion demands after a vulnerability was discovered in encrypted file-sharing software, a flaw that hackers have already used to target a string of high-profile victims, including British Airways and the BBC.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 Stre

  • 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

  • TheStreet.com

    Tesla's Stock Just Did Something Important

    On any given day, shares can pop or drop based on something its mercurial CEO, Elon Musk, says or does. Most were willing to accept that trade-off when Tesla's shares roared higher. Tesla's stock was one of the biggest beneficiaries of the easy-money policies put in place during the covid pandemic.

  • Reuters

    Microsoft to pay $20 million to settle US charges for violating children's privacy

    WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday. The company had been charged with violating the U.S. Children's Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents' consent, and by retaining children's personal information, the FTC said in a statement.

  • The Independent

    Apple avoids mentioning ‘AI’ at all throughout reveal of new features and products

    Company also neglected the ‘metaverse’ despite recent hype

  • Reuters

    Microsoft to pay $20 mln to settle charges it collected children's information

    Microsoft will pay $20 million to settle U.S. Federal Trade Commission charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday. The company had been charged with violating the U.S. Children's Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents' consent, and by retaining children's personal information, the FTC said in a statement.

  • 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.

  • Oilprice.com

    A Unique Way To Play The Coming $700 Billion Electric Vehicle Boom

    Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market