|Day's range||231.85 - 231.85|
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Apple's Vision Pro mixed reality headset has investors taking a second look at the metaverse. David Mazza, Chief Strategy Officer at Roundhill Investments, tells Yahoo Finance Live about investor reaction to Apple's news and the parallels between AI and VR trends.
Recent technological advances shed light on virtual reality (VR) in recent months, making it an industry worth keeping a close eye on. Meta Platforms and Sony have dominated the VR space with their respective headsets for years. Meta has pivoted its business almost completely toward VR development and the metaverse.
The term -- and the concept behind it -- came from Neal Stephenson's 1992 sci-fi bestseller Snow Crash, but it only gained more mainstream attention over the past few years as more advanced virtual reality (VR) and augmented reality (AR) headsets hit the market. The bulls believe the metaverse will eventually blur the lines between the physical and digital worlds by enhancing real-world environments with digital overlays, virtually transporting people to both imaginary places and digital twins of real-world locations, and enabling people to remotely interact with each other without PCs or smartphones. It could also revolutionize video games by replacing monitors, TVs, consoles, and controllers with mixed-reality headsets.
‘Suggested for you’ feature reportedly linked users to child sexual abuse material
From Google Glass to Magic Leap to Meta's Oculus division, tens of billions of dollars have gone into building computing goggles, with minimal returns to show for it. After Facebook changed its name to Meta (NASDAQ: META) in 2021 and said it was investing at least $10 billion a year into building AR and VR products, industry hype went into overdrive and the term "metaverse" became a household name. Apple revealed its Vision Pro augmented reality device to the world this week, which looks like sleek skiing or snorkeling goggles.
Second, Apple (NASDAQ: AAPL) said it was working with Unity to develop mixed-reality apps for its new Vision Pro headset during its Worldwide Developers Conference on June 5. Is it the right time to buy Unity as a turnaround play, or is it too late to hop on the bandwagon? Its revenue rose 43% in 2020, climbed 44% in 2021, and management claimed the company could maintain an annual growth rate of 30% over the "long term."
BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta's voluntary child protection code seemed not to be working. Social media platforms such as Meta's Instagram, ByteDance's TikTok, Snap's Snapchat and Alphabet's YouTube have stirred concerns among regulators and users over content targeted at young children.
The Stanford Internet Observatory documented how a web of social media accounts advertises and distributes abuse materials
OTTAWA (Reuters) -Alphabet's Google and Meta Platforms are using "bullying tactics" against a Canadian push aimed at ensuring financial support for news publishers, Prime Minister Justin Trudeau said on Wednesday. The proposed legislation is designed to compel internet giants like Google and Meta's Facebook to negotiate commercial deals and pay publishers for their content. The U.S. technology companies say proposals in the bill, dubbed the "Online News Act," are unsustainable for their businesses.
This ad tech firm has a history of double-digit revenue growth, but is now confronted with a downturn in the advertising industry.
BERLIN (Reuters) -Germany's cartel office said Meta plans to introduce a new overview for users of its platforms Facebook and Instagram, in a step towards allaying anti-trust concerns following years of discussions with the regulator. Meta's accounts centre will allow users to make "a largely free and informed decision" about whether they want to use accounts such as Instagram and Facebook in combination or separately, the office said. In 2019, the cartel office sought to ban Meta - then Facebook - from combining user data from several sources without users' consent.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there's one historically cheap industry leader begging to be bought and another outperformer that's priced for perfection.
Apple announced its new Vision Pro mixed reality headset. What does this headset mean for the metaverse? Jeremy Bailenson, Stanford University Professor of Communications, joins Yahoo Finance Live to discuss how people should be using VR.
Apple takes on Meta with its announcement of the new Vision Pro mixed reality headset. Yahoo Finance tech editor Dan Howley breaks down how Apple's Vision Pro compares to Meta's Quest headsets.
Apple's new Vision Pro headset is an outrageously impressive piece of technology. But it'll need apps to move beyond that.
Meta, Boeing, IBM, Accenture and Anheuser-Busch are part of the Zacks top Analyst Blog.
Analysts lauded Apple's Vision Pro on Tuesday for its impressive technology, but warned that it will be a few years before the $3,499 augmented reality headset sees widespread adoption. The device, which investors treated with a lukewarm reception, marked the company's first new product line since the launch of the Apple Watch nearly a decade ago. That vision, analysts said, could take some time to materialize because the high price tag will likely dissuade most buyers and the product does not have any clear use beyond entertainment in a still nascent augmented reality (AR) market.
In this video, I will talk about Apple's (NASDAQ: AAPL) newly announced Vision Pro augmented reality (AR) headset and why despite all the noise, this is actually a good thing for Meta Platforms and its Quest line, especially the Quest 3, which will be released later this year.
Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.
Apple enters the virtual 3D world industry, and (sort of) brings some competition to Meta's Quest headsets.
Apple's most important hardware reveal in years might not be the iPhone moment investors expected.
Toll Brothers and Comstock Resources are part of the Zacks Bull and Bear of the Day article.
Here’s some of the stocks currently dominating developments in artificial intelligence in 2023.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market