Apple officially announced its Vision Pro mixed reality headset at its annual WWDC event on Monday. Yahoo Finance spoke to experts across the industry regarding the announcement, the high $3,499 price tag, and Apple stock reaction. Yahoo Finance Live's Akiko Fujita provided her take on the Vision Pro headset price point. Fujita said, "We're talking about $3,500, and that's going to be the real test for Apple." Yahoo Finance tech editor Dan Howley attended the WWDC event and gave his opinion on consumer interest. Howley said, "As far as VR, AR goes overall, this seems to be the one that's going to get people the most interested." Eric Abbruzzese, ABI Research Research Director, and Bob O'Donnell, TECHnalysis Research President & Chief Analyst, joined Yahoo Finance Live to break down some of the key themes from the WWDC event. Abbruzzese said, "$3,500 is a tough pill to swallow for anybody ... but Apple is very good at delivering unique content in a very seamless way." O'Donnell said, "I think they did a good job of positioning it in a way a lot of different people could see, oh maybe I could use that." Yahoo Finance markets reporter Jared Blikre took a look at Apple (AAPL) stock after the Vision Pro announcement. Blikre said, "We really saw a big sell off, that big down red candle, that came off on the announcement of the headset ... but I think it's notable too that Apple had climbed to a record-high just before that announcement." Video highlights: 00:00:03 - Yahoo Finance Live's Seana Smith and Akiko Fujita 00:00:25 - Yahoo Finance tech editor Dan Howley 00:00:40 - Bob O'Donnell, TECHnalysis Research President & Chief Analyst 00:01:05 - Eric Abbruzzese, ABI Research Research Director 00:01:19 - Yahoo Finance markets reporter Jared Blikre
Apple unveiling its Vision Pro mixed reality headset, the SEC suing crypto giant Binance, and Saudi Arabia pledging to cut production by one million barrels a day- these are just some of the top headlines the Yahoo Finance Live team is watching.
Royal Caribbean Cruises CEO says his company is seeing strong demand for cruises. Royal Caribbean Group President and CEO Jason Liberty sits down with Yahoo Finance's Diane King Hall to discuss the cruise operator's outlook and whether or not he's seeing the "revenge travel" trend continue.
The Directors Guild of America reaches a deal with studios over wages and benefits, while the Hollywood writers strike continues to put pressure on studio representatives. Yahoo Finance Live discusses the latest developments.
Spotify announced on Monday that it will cut about 200 jobs from primarily its podcast division. The company said that the layoffs are part of their plan to grow "partnership efforts with leading podcasters." The Yahoo Finance team discuss what this move will mean for Spotify’s listeners and its relationships with A-list celebrities.
ChargePoint shares swung wildly following the release of the EV charging company's first quarter results. ChargePoint President and CEO Pasquale Romano joins Yahoo Finance Live to break down the company’s earnings report and the possible competition from the Ford-Tesla supercharger deal.
Twitter's U.S. ad sales fell sharply for the 5 weeks beginning April 1, according to the New York Times. The Yahoo Finance teams breaks down the report.
Apple is officially entering the headset business, announcing its Vision Pro mixed reality headset at its annual WWDC event. There was a lot of excitement about the announcement, but the $3,499 price tag may turn away some potential buyers. Eric Abbruzzese, ABI Research Research Director, and Bob O'Donnell, TECHnalysis Research President & Chief Analyst join Yahoo Finance Live to break down some of the key themes and announcements from the event.
Apple's big headset announcement, Saudi Arabia's production cut, and Ford shares get an upgrade. Yahoo Finance live breaks down the trending tickers of the day.
Apple making a slew of announcements at its annual WWDC event, including a mixed reality headset called the "Vision Pro" and a new 15-inch MacBook Air. Yahoo Finance tech editor Dan Howley gives the rundown on the reveals.
Regulators are set to propose legislation raising capital requirements for big banks by up to 20 percent according to the Wall Street Journal. WSJ Reporter Andrew Ackerman highlights what this will mean for larger banks and how it could impact parts of their business segments.
C3.ai shares have been riding the AI wave. But not everyone is happy with its performance. Spruce Point Capital Management Founder and CIO Ben Axler, a short-seller, has written an open letter to one of the company's directors questioning the company's business. Axler explains his concerns to Yahoo Finance Live's Seana Smith and Allie Garfinkle.
Alphabet and Jefferies are two stocks to buy and American Airlines and Lucid Group shares are stocks to avoid, according to Christian Ledoux, Director of Investments at CAPTRUST. He tells Yahoo Finance Live's Seana Smith and Akiko Fujita why.
Most investors expect the Fed to pause its rate hike campaign at its next meeting. Christian Ledoux, CAPTRUST Director of Investments, explains why a 5-percent Fed funds rate is restrictive enough for the Fed to accomplish its goals.
Apple's stock fell after it unveiled its new Vision Pro mixed reality headset. Yahoo Finance markets reporter Jared Blikre breaks down the charts.
Apple's WWDC 2023 is set to take place Monday, June 5th. Many are expecting the tech giant to unveil a new mixed reality headset. Meanwhile earnings season continues with GameStop, Cracker Barrel, and Rent the Runway among the companies set to report. Finally, the economic calendar is light, with ISM services data, factory orders, and weekly jobless claims on tap.
As the Hollywood writers' strike enters its second month, Yahoo Finance Live's Akiko Fujita examines how WGA members, business owners, and LA’s economy are all feeling the effects.
President Biden appears to be one of the winners of the fight over raising the debt ceiling. But he may not be able to capitalize on it. Yahoo Finance senior columnist Rick Newman explains in this week's Bidenomics.
As the trading day comes to a close, Yahoo Finance Live breaks down the top tickers of the day, including Lululemon, SentinelOne, and AI stocks such as Nvidia and C3.ai.
Many retailers are seeing consumers become more cautious with their spending. Luxury retailers had been resilient, but now investors are growing concerned these companies could start seeing a slowdown in spending too. Pauline Brown, Former LVMH Chairman of North America and Author of 'Aesthetic Intelligence’, joins Yahoo Finance Live to discuss the state of luxury retail, the strength of China's luxury retail market, and how these companies are competing on pricing.
As the EV revolution in the auto industry continues, Yahoo Finance's Pras Subramanian breaks down China's decision to extend its EV tax incentive amid declining sales. He also takes a look at Volkswagen's new ID. Buzz EV.
Apple is reportedly set to reveal its mixed reality headset at its annual WWDC. But Meta is already gearing up for battle, announcing its new Quest 3 VR headset this week. But the question remains: What are consumers supposed to do with these headsets? Yahoo Finance’s Allie Garfinkle tackles the virtual reality craze and the possible need for a “hero” app.
One of the big fears about AI is that it could take people's jobs. But it may also help job seekers find new employment. Sonara CEO Victor Schwartz tells Yahoo Finance Live what job hunters need to know about using AI for the search.
The May jobs report shows the U.S. added 192,000 construction jobs. Yahoo Finance's Dani Romero explains where the construction hiring is.
The U.S. added 339,000 jobs in May, yet the unemployment rate rose to 3.7 percent. Yahoo Finance Live's Seana Smith and Diane King Hall explain.