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Apple, on Monday, debuted a new MacBook Air, M2 Ultra chip, and Mac Pro
With Apple expected to announce the release of its VR headset at the WWDC 2023 event, CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live to discuss how the VR headset could become a flagship product in mixed reality, as well as how Apple stock will react.
Apple is expected to unveil its latest mixed reality headset at its Worldwide Developers Conference on Monday. Plus, earnings season rolls on as meme stock favorite GameStop is set to report its quarterly results. Yahoo Finance markets reporter Josh Schafer takes a look at what to watch this week.
Today's top stories: Saudi Arabia is pledging to cut production, sending oil prices higher. Meanwhile, the S&P 500 is nearing a bull market, but Morgan Stanley analysts say in a new note that they expect to see S&P 500 earnings to fall by 16 percent. Finally, Apple is expected to reveal a new product, a mixed reality headset, at its annual WWDC.
It's time to call out some trends to watch in the stock market before hitting the surf and sand.
CUPERTINO, Calif., June 05, 2023--Apple® today introduced the new Mac Studio™ and Mac Pro®, the two most powerful Macs ever made. Mac Studio features M2 Max and the new M2 Ultra, delivering a huge boost in performance and enhanced connectivity in its stunningly compact design. Mac Studio is up to 6x faster than the most powerful Intel-based 27-inch iMac®,1 and up to 3x faster than the previous-generation Mac Studio with M1 Ultra.2 Mac Pro, now featuring M2 Ultra, combines the unprecedented perfo
CUPERTINO, Calif., June 05, 2023--Apple® today announced M2 Ultra, a new system on a chip (SoC) that delivers huge performance increases to the Mac® and completes the M2 family. M2 Ultra is the largest and most capable chip Apple has ever created, and it makes the new Mac Studio™ and Mac Pro® the most powerful Mac desktops ever made. M2 Ultra is built using a second-generation 5-nanometer process and uses Apple’s groundbreaking UltraFusion® technology to connect the die of two M2 Max chips, doub
CUPERTINO, Calif., June 05, 2023--Apple® today introduced the 15-inch MacBook Air®, the world’s best 15-inch laptop. With an expansive 15.3-inch Liquid Retina® display, the incredible performance of M2, up to 18 hours of battery life,1 and a silent, fanless design, the new MacBook Air brings power and portability — all in the world’s thinnest 15-inch laptop. With an all-new six-speaker sound system, the 15-inch MacBook Air delivers immersive Spatial Audio, along with a 1080p FaceTime HD® camera,
Shares hit all-time high ahead of expected presentation of a headset, the most important launch in years
Cryptocurrency's virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple's VR headset reveal on Monday.
(Bloomberg) -- Apple Inc. set a fresh all-time high on Monday ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Trims Gains as Traders Wait for OPEC+ Cuts to MaterializeUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutSEC Sues Binance and CEO Zhao for Breaki
(Bloomberg) -- For the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down.Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Trims Gains as Traders Wait for OPEC+ Cuts to MaterializeUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutSEC Sues Binance and CEO Zhao for Breaking US Securities RulesAbout two thirds of the more than 50 Wall Street firms
Apple is the part of the Zacks Investment Ideas article.
Broadcom's (NASDAQ: AVGO) stock has surged 45% since the beginning of the year. The diversified chip and infrastructure software company impressed the market with its stable growth, a new multiyear deal with Apple (NASDAQ: AAPL), and the potential benefits from its planned takeover of cloud software giant VMware (NYSE: VMW). Let's review Broadcom's business model, growth rates, and valuations to decide.
Investing.com -- Stocks in focus in premarket trade on Monday, June 5th. Please refresh for updates.
Investing.com -- Apple's (NASDAQ:AAPL) highly anticipated unveiling of its new "mixed reality" headset later today will serve as a "flex the muscles moment" for the tech giant, according to analysts at Wedbush.
U.S. stocks are seen opening in a mixed fashion Monday, stabilizing after a broad-based rally as investors digest more economic data with next week’s Federal Reserve policy-setting meeting in mind. At 06:50 ET (10:50 GMT), the Dow futures contract was up 30 points, or 0.1%, S&P 500 futures traded 2 points, or 0.1% higher, while Nasdaq 100 futures dropped 23 points, or 0.2%. The main Wall Street indices closed firmly higher on Friday, following strong jobs data and after Congress passed a bill to lift the federal debt ceiling, signed into law by President Joe Biden over the weekend, thus averting a default which would have had economically disastrous repercussions.
Investing.com -- Saudi Arabia vows to slash oil production from next month, while U.S. President Joe Biden signs into a law a bill that lifts the country's debt ceiling and averts a possibly catastrophic default. Elsewhere, Apple gears up to reveal a long-awaited "mixed reality" headset.
In his 12 years in charge of Apple, Tim Cook has turned the Silicon Valley giant into the world’s biggest company, multiplied revenues, and sold billions of iPhones.