
Intel (INTC) Shares Down 4.6% after Apple Announces Full Transition to In-House Chips on Mac Pro
Shares of Intel reacted poorly to the news that Apple will no longer need Intel chips and has fully transitioned to its own silicon.
Shares of Intel reacted poorly to the news that Apple will no longer need Intel chips and has fully transitioned to its own silicon.
The Apple Vision Pro headset comes with a wide array of features including 4K screens and Spatial Audio, and will first launch in the US.
Observers are watching Apple stock, expecting that it would spike as Apple announces a new headset for augmented or virtual reality.
The Asia-Pacific markets displayed a positive trend, with gains observed in South Korea, Japan, mainland China, and Australia.
Stocks in Europe and Asia have risen in response to the debt ceiling increase approved by lawmakers in the US.
For the second quarter, Lululemon Athletica expects to report net revenue of between $2.140 billion and $2.170 billion, thereby representing growth of approximately 15 percent.
The partnership between GameStop and Telos Foundation will attract new users by leveling Web3 barriers preventing widespread adoption.
Compared to Quest 2, the new Meta Quest 3 comes with a 49 percent slimmer optic profile, thus a more comfortable headset for users.
Macy’s noted that Nike will return to its stores, starting from October this year.
Despite weakening sales, Nordstrom managed to beat street expectations. The JWM stock price surged by 8% in the pre-market trading on Thursday.
Although Salesforce raised its earnings forecast for FY24, the revenue prediction remains intact.
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick.
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck.
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year.
The Goldman Sachs analysts believe that the Topix index will touch a high of 2200 points in the short term, a level that will come off as a 3% growth from where it is currently pegged.