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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Corporate bond prices for Western Alliance Bancorp have outperformed stock prices lately, while Zions, Keycorp, Comerica bond prices have moved higher. Read full article
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
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
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
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
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
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
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
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
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
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
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
Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week. Read full article
If Apple unveils a widely anticipated headset equipped with mixed-reality technology at the Steve Jobs Theater (above) on Monday, it will be the company's biggest new product since the introduction of the Apple Watch nearly a decade ago. Read full article
Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic… Read full article
