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: Visa, Mastercard stocks dip as Congress takes renewed aim at credit-card fees
Congress is taking another stab at regulating the card giants, and that's weighing on their shares even amid some doubts that the newest efforts will succeed. Read full article
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United States EIA Crude Oil Stocks Change registered at -0.451M, below expectations (1.022M) in June 2
United States EIA Crude Oil Stocks Change registered at -0.451M, below expectations (1.022M) in June 2 Read full article
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‘Father of the iPod’ says Apple has ‘jumped the shark’ with its $3,500 VR headset
iPod inventor Tony Fadell, pictured in 2022, thinks Apple has "jumped the shark" with its Vision Pro mixed reality headset. Read full article
8h ago
Fortune
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Metals Stocks: Gold drifts lower as traders gauge Fed’s rate path
Gold futures edged lower early Wednesday, remaining stuck in a range as investors await further clues on the Federal Reserve's interest rate path. Read full article
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Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more
These are the stocks posting the largest moves in premarket trading. Read full article
8h ago
CNBC
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Hindenburg-inflicted losses still weigh heavily on Adani stocks
Indian conglomerate Adani Group is still struggling to recover from short seller Hindenburg Research’s report on its financial practices in January. While two of Adani's 10 stocks have rebounded, the company has lost over $100bn since the report’s release, as… Read full article
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Can Apple’s vision pro headset triumph in the market? [Video]
Apple announced the release of its long-awaited Vision Pro headset, and it’s going to retail only in the US at first for a hefty $3,499 price tag. The Read full article
11h ago
fxstreet.com
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Apple CEO Tim Cook says he uses OpenAI's ChatGPT
Apple's Tim Cook says he uses ChatGPT—and is hyped about it. Read full article
12h ago
Fortune
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WTI pares intraday losses above $71.00 amid economic jitters, EIA Crude Oil Stocks Change eyed
WTI crude oil rebounds from the intraday low of $71.25 heading into Wednesday’s European session. In doing so, the black gold remains bearish for the Read full article
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Hot Stocks: Brokerage view on JSW Steel, Eicher Motors, SBI, Sun Pharma and Nykaa
Morgan Stanley has maintained an overweight rating on JSW Steel, SBI, Sun Pharma, and Nykaa, while initiating an equal-weight rating on Eicher Motors. The brokerage expects JSW Steel to reach a target price of Rs 580, with a reaffirmed volume… Read full article
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At multi-year highs: Tata Motors, M&M among 9 stocks that gave 5-year breakouts
In the Nifty200, nine stocks crossed their previous 5-year high value at the close on June 6, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look. Read full article
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Stocks to buy today: ACC, Aurobindo Pharma among 9 short-term ideas for 7 June 2023
The S&P BSE Sensex and Nifty50 are expected to consolidate following positive global cues, as India VIX rises by 2.15% from 11.12 to 11.38. Maximum call OI is at 18600 with maximum put OI at 18500, causing a broader trading… Read full article
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ETMarkets Smart Talk: Why are FMCG stocks trading at record highs? Kaizad Hozdar explains
From the lows of March’23, the Nifty index has staged a smart pullback of 10% over the past 2 months. The Nifty Auto, Nifty Bank, and Nifty FMCG sectoral indices are at lifetime highs. Read full article
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Positive Breakout: These 8 stocks crossed above their 200 DMAs
The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it… Read full article
06.06.2023
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: The headset face-off: How Apple’s Vision Pro compares with the Meta Quest Pro, beyond a huge price gap
Apple splashed into the world of mixed reality this week with its new Vision Pro headset, joining Meta and others in the quest to turn VR headsets cool. Read full article
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The Moneyist: 10 reasons I won’t be buying Apple’s $3,500 Vision Pro VR headset 
Apple's CEO Tim Cook has not answered the billion-dollar question about his latest gadget. Read full article
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Apple's next challenge: It needs apps for its Vision Pro headset, but it's not on sale yet
Apple somehow needs to convince developers to make apps for it even though the hardware isn't widely available yet. Read full article
1d ago
CNBC
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The PGA-LVI merger is sending golf stocks skyrocketing and analysts say it will drive more interest in the sport
Denny McCarthy of the United States reacts to missing a putt in a playoff on the 18th green during the final round of the Memorial Tournament presented by Workday at Muirfield Village Golf Club on June 04, 2023 in Dublin,… Read full article
1d ago
Fortune
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I tried the Apple Vision Pro mixed reality headset — here's what it's like
Apple's Vision Pro is a massive improvement over other virtual or mixed reality headsets, with sharp displays and an impressive surround sound audio system. Read full article
1d ago
CNBC
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Market Extra: Small-cap stocks are surging Tuesday as broader U.S. market sleeps. Here’s why.
The small-cap Russell 2000 index surges Tuesday. Is it time to play catch-up with megacap tech stocks? Read full article
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The Tell: These stocks can play catch-up with megacap tech, lifting the S&P 500: Stifel’s Bannister
Cyclical value stocks such as companies in the financials, industrials and basic materials sectors will play a catch-up to the megacap technology outperformance heading into the third quarter of 2023, broadening the stock-market rally and lifting the benchmark S&P 500… Read full article
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There won’t be a ‘textbook recession’ anytime soon—and stocks will continue their rally this summer, says investment bank Stifel
A trader works on the trading floor of the New York Stock Exchange NYSE in New York, the United States, on May 24, 2023. Read full article
1d ago
Fortune
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Stocks making the biggest moves midday: Coinbase, GitLab, HealthEquity and more
Check out the stocks making headlines on Wall Street on Tuesday, June 6. Read full article
1d ago
CNBC
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Deep Dive: As tech companies take over the market again, don’t forget these bargain dividend stocks
A screen of the S&P 500 highlights nine stocks with high dividend yields that appear well supported by free cash flow. Read full article
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: Apple wants its Vision Pro to mark a computing revolution. Early testers say it’s still just a fancy headset.
Those who've tested the Vision Pro were generally impressed with Apple's capabilities but questioned how the device would come to be used. Read full article
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Tim Cook says Apple's new $3,500 goggles bring a 'new dimension to powerful personal technology.' Dan Ives sees 150,000 in sales.
Apple CEO Tim Cook poses for photos in front of the company's new Apple Vision Pro headsets in a showroom on the Apple campus Monday, June 5, 2023, in Cupertino, Calif. Read full article
1d ago
Fortune
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Apple Vision Pro demo roundup: Here’s what everyone is saying
Apple let some people try out its new mixed-reality headset, the Vision Pro. Here's what they're saying. Read full article
1d ago
CNBC
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The Ratings Game: Apple’s Vision Pro is ‘frightening’ in the best way—but many questions remain
Apple Inc.'s new Vision Pro headset is "frightening," in the view of one Wall Street analyst, and he means that in a good way. Read full article
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Metals Stocks: Gold edges higher, on track for back-to-back gains
Gold prices rise as investors assess the outlook for interest rates ahead of next week's meeting of Federal Reserve policy makers. Read full article
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Apple users can now type what they ducking want
Apple is updating its autocorrect feature. Read full article
1d ago
Fortune
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Apple's entry into VR with its new headset is a 'watershed moment,' say top industry execs
Cher Wang, Taiwanese tech giant HTC's CEO, told CNBC that she sees Apple's move as a validation for the industry, calling it a "watershed moment." Read full article
2d ago
CNBC
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Hot Stocks: Brokerage view on Sunteck Realty, L&T, UltraTech Cement, HUL & ITC
Brokerage firms have maintained their stances on several stocks. Jefferies reiterated a buy rating for Sunteck Realty citing strong cash flow and a 25% growth guidance for FY24 as support. Credit Suisse retained an underperform stance on Container Corp, ABB… Read full article
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Stocks to buy today: Titan, RIL among top 7 trading ideas
The S&P BSE Sensex increased by over 200 points, while the Nifty50 closed just under 18600 points on Monday. The India VIX was slightly up, leading to it creating swings within a smaller range. On the options front, a broader… Read full article
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In One Chart: As major tech stocks head for the moon, investors drain $77.5 billion from equity funds
Even as major tech stocks touch new highs for 2023, investors are fleeing equity funds in favor of fixed-income alternatives, according to LSEG Lipper data. Read full article
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Stocks in news: SBI, Godrej Consumer, Inox Wind, SBI Cards, IndiGo
The Board of SBI will meet on June 9 to consider and approve for raising funds during FY24 through private placement mode by way of issuance of debt instruments. Read full article
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Saudi move to cut crude output pulls OMC stocks down further
Shares of state-owned OMCs retreated for the second straight day. Bharat Petroleum Corp (BPCL) ended nearly 1% lower at the end of Monday's trading after falling as much as 1.4% earlier in the session. Shares of Indian Oil Corp (IOC)… Read full article
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MarketWatch First Take: Apple’s Vision Pro could be biggest hit since iPhone, but there is a long way to go
Tech "visionaries" have been selling the world on virtual reality for decades using videogames, but Apple took a more grown-up — and exciting — approach. Read full article
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Apple's Vision Pro headset will launch with Disney+ streaming
Disney is partnering with Apple to bring its streaming service Disney+ to the tech giant's new Vision Pro AR headset. Read full article
2d ago
CNBC
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Meta's heated rivalry with Apple enters new phase as the tech giants go after headsets
Less than two years after Facebook changed its name to Meta in a pivot to the metaverse, Apple is now jumping into mixed-reality headsets. Read full article
2d ago
CNBC
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05.06.2023
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Apple's practical approach to A.I.: No bragging, just features
On Monday at WWDC, Apple subtly touted just how much work it's doing in state-of-the-art artificial intelligence and machine learning. Read full article
2d ago
CNBC
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Apple's new mixed-reality headset only bolsters our confidence in the tech giant
Apple (AAPL) on Monday unveiled its long-awaited mixed-reality headset, known as Apple Vision Pro, expanding into a new realm of computing. Read full article
2d ago
CNBC
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: Will the new Apple headset provide a lifeline for Mark Zuckerberg’s metaverse — or kill it?
By stepping into the metaverse, Apple might help prop up rival Meta's star-crossed initiative amid an AI gold rush — or simply hasten its demise. Read full article
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Key Words: Apple says you’ll no longer need to say ‘Hey, Siri’ to get the virtual assistant’s help
For those with the iOS 17 operating system installed on their iPhones, it will suffice to say "Siri." Read full article
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: Is it worth spending $3,499 on Apple’s Vision Pro VR headset? Read this first.
The price of Apple's VR headset is more than double the median monthly mortgage payment in the U.S. Read full article
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The Tell: Here’s the pain trade Citi sees in U.S. stocks as S&P 500 exceeds its 2023 target
The artificial-intelligence craze hasn’t moved Citigroup’s year-end target for the S&P 500, but equity analysts are keeping an eye out for what they’ve labeled the “p-AI-n trade." Read full article
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: The $3,499 Vision Pro headset, iOS 17, and everything else Apple just announced at WWDC
Apple Inc.'s $3,499 Vision Pro headset stole the show Monday as Apple kicked off its WWDC event, but there were other announcements, too. Read full article
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: Apple’s new Vision Pro headset will cost $3,499, arrive in 2024
Apple showed off its mixed-reality headset Monday, with the new Vision Pro device supporting 3-D content and featuring a staggering price tag of $3,499. Read full article
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Unity stock jumps 17% on Apple Vision Pro partnership
Shares of Unity surged Monday after Apple said it's partnering with the gaming software company in releasing its new headset. Read full article
2d ago
CNBC
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Apple just announced its first major product since 2014: The Vision Pro for $3,499
Apple announced its mixed-reality headset on Monday during its developer conference. The Vision Pro is its first major new product since 2014. Read full article
2d ago
CNBC
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Banking: Regional bank bond prices outperform stocks of late — a sign that debt investors are growing more comfortable
Corporate bond prices for Western Alliance Bancorp have outperformed stock prices lately, while Zions, Keycorp, Comerica bond prices have moved higher. Read full article
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Michael Brush: Biotech stocks could soon get a M&A boost. Here are 3 likely takeover plays.
Big pharma will be looking to acquire companies with promsing new medicines. Read full article
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: Apple debuts new 15-inch MacBook Air for $1,299, adds new Mac Pro and Studio PCs
Apple Inc. debuted a new, larger version of its MacBook Air laptop Monday as it kicked off its WWDC developer event. Read full article
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: Here are all the new software features coming to Apple’s iPhone this year
Users of Apple Inc.'s iPhone will soon be able to more easily screen calls, check-in with loved ones, and exchange contact information. Read full article
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Intel drops as Apple moves to its own silicon on all computers
Apple's $7,000 Mac Pro computer will boast the new M2 Ultra processor, which promises performance gains over a similar system with an Intel chip. Read full article
2d ago
CNBC
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Stocks making the biggest moves midday: Palo Alto Networks, 3M, Amedisys, Target and more
These are among the stocks posting the largest moves in midday trading Monday. Read full article
2d ago
CNBC
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Surveillance Impact: Penny stocks slump on BSE as bourses beef up rules to curb volatility
SEBI and stock exchanges have included micro-small cap firms in their enhanced surveillance framework, prompting a large number of market stocks to suffer steep losses. The companies with a market capitalisation of less than Rs5 billion will be put under… Read full article
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: Apple’s stock at all-time highs ahead of WWDC, headset reveal
Apple shares are on track to close at a record high Monday as the company approaches the next stage in its journey as a consumer-electronics powerhouse.  Read full article
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Democrats warn Musk after Twitter safety execs leave
Last week, two Twitter executives departed: Ella Irwin, head of trust and safety, and A.J. Brown, head of brand safety and advertising quality. Read full article
2d ago
CNBC
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Metals Stocks: Gold kicks off week with loss as dollar, Treasury yields rise
Gold futures lost ground Monday, as the U.S. dollar and Treasury yields rose to kick off the week. Read full article
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The Ratings Game: Chip stocks ‘have gotten ahead of themselves,’ Citi says — but this ‘top pick’ can thrive
Chip stocks have enjoyed a recent run-up amid the frenzy over AI, but a Citi analyst warns that semiconductor names seem "due for a pullback." Read full article
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The Ratings Game: Apple could be cooking up 3 more $10 billion-plus businesses, one analyst says
Apple Inc. doesn't have to get flashy to cook up big new business opportunities, according to Evercore ISI analyst Amit Daryanani. Read full article
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Apple on pace for record high ahead of VR headset unveiling
Apple shares are on pace to close at a new record high Monday as the company prepares for its annual developer conference, WWDC. Read full article
2d ago
CNBC
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Twitter is hiring ad executives to bolster its business
Pedestrians outside Twitter headquarters in San Francisco, California Read full article
2d ago
Fortune
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Morgan Stanley says don’t get too excited about rising U.S. stocks
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 2, 2023 in New York City. Read full article
2d ago
Fortune
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At multi-year highs: 2 Tata group firms among 8 stocks that gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 10,000 crore, 8 stocks crossed their previous 5-year high values at the close on June 2, suggesting bullishness in counters, according to StockEdge’s price scan. Take a… Read full article
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Golden Crossovers: These 4 stocks signal further bullishness
In the NSE list of stocks, 4 stocks with a market cap between Rs 1000 crore and Rs 10,000 crore are witnessing Golden Crossovers, according to StockEdge’s technical scan data. Golden Cross is an important technical indicator of bullishness. It… Read full article
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Hot Stocks: Brokerage view on Vedanta, AU Small Finance Bank, Info Edge and Hindalco
JPMorgan has downgraded Vedanta to neutral from overweight, while maintaining its underweight stance on Hindustan Zinc and overweight rating on Hindalco. Citi has also downgraded AU Small Finance Bank to neutral, while Macquarie has retained its underperform rating on Info… Read full article
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Stocks to buy today: NMDC, BEML among 10 short-term trading ideas
The Indian market is expected to rise as positive global cues influenced trade. The S&P BSE Sensex gained 100 points, and the Nifty50 market index closed above 18,500 levels. India VIX decreased by 4.09% creating sessions that are choppy. The… Read full article
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Buying by promoters hints at likely upside for these stocks
For instance, promoters of Dhampur Sugar bought 10.35 lakh shares of the company worth ₹22 crore in May. The company registered strong numbers for March, with revenue growing 43% year-on to ₹759 crore and EBIDTA margin rising by 100 bps… Read full article
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Elliott Wave analysis: S&P 500 and top tech stocks [Video]
Stock Market Elliott Wave Summary: SP500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200. SP 500: Expect the price above and below 4,300 the Read full article
3d ago
fxstreet.com
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Mezzanine financing
The next stage of financing that follows venture capital financing.