Apple's WWDC, GameStop earnings, econ. data: What to watch next week
source link: https://finance.yahoo.com/video/apples-wwdc-gamestop-earnings-econ-204137748.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Apple's WWDC, GameStop earnings, econ. data: What to watch next week
Apple's WWDC, GameStop earnings, econ. data: What to watch next week
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.
-
Apple's WWDC, GameStop earnings, econ. data: What to watch next week
-
Michael Jordan's 'Air Jordan' championship sneakers could each rake in $1 million in Sotheby's private sale
-
Jobs report: Economy, inflation, writers' strike in focus
-
Writers' strike ripple effects starting to be felt
-
Debt ceiling deal a win for Biden, but he may struggle to capitalize on it: Bidenomics
-
Lululemon, SentinelOne, AI stocks: Trending tickers
-
Luxury stocks fall as concerns grow about consumer spending
-
EVs: VW's new ID. Buzz, China extending tax incentives
-
Apple reportedly set to square off with Meta in VR headset battle: what will take for Apple to succeed?
-
How one company is using AI to help people with their job searches
-
Amazon reportedly in talks to offer mobile service for Prime members
-
May jobs report shows strong demand for construction workers
-
Fed's June meeting: What the May jobs report could mean for the next rate decision
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.
Video Transcript
DIANE KING HALL: It is closing time here at Yahoo Finance Live. Here's a look at what to expect next week. On Monday, Apple's highly anticipated Worldwide Developers Conference kicks off at 1 PM Eastern. And many are waiting to see whether the tech giant will debut its augmented reality, virtual reality headset. And if it is announced, it will be the first new product category from Apple since 2014. Other updates we're expecting include new operating systems and Macs.
SEANA SMITH: Plus, earnings season rolls on-- consumer names in focus. Smucker's, Cracker Barrel, and Dave and Buster's will give us some insight into how people are spending both in grocery stores and in restaurants. We'll also hear from Stitch Fix and Rent the Runway, which is in the process of navigating a turnaround. And meme trade favorite GameStop is set to report on Wednesday, June 7.
DIANE KING HALL: And it is a relatively quiet week on the economic calendar, as investors await the Fed decision June 14. We will get readings on factory orders, services PMI, and weekly jobless claims.
The Wall Street JournalBearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.
4h ago
Yahoo FinanceMeta vs. Apple: Why VR still needs its 'hero' app
The VR market is accordingly getting more attention than it has in a while, but the question still lingers: What actually are we supposed to do with these headsets? Gaming, sure, but it's seemed to me that there isn't a must-have "hero" app for VR yet.
2d ago
Investor's Business DailyTesla Stock Breaks Out; Here's How To Profit With A Butterfly Spread
Tesla — just the word these days conjures up all kinds of emotions. Tesla has firmly positioned itself in the growing field of artificial intelligence from the carmaker's inception. As Tesla stock approaches a new buy zone, traders may be wondering how they might participate in the continued upward trajectory, while limiting risk exposure.
2d ago
SmartAssetMorningstar: These Stocks Are a Bargain Right Now
Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.
19h ago
BenzingaHow One Trader Made $8 Million In The Stock Market In 2 Years
Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Where It All Started Starting his trading journey in 2017 with only $7,500, Kellogg has encountered and overcome various market conditions,
2d ago
Yahoo FinanceFord, Tesla ‘blindside’ industry with charging deal. Here's what it means for automakers and customers
Tesla and Ford have formed a new EV charging partnership. It took many by surprise, including other EV charging companies. Yahoo Finance's Pras Subramanian reports on how some of the top players in the EV space are reacting.
14h ago
Business InsiderSix ways the rich save big on estate taxes, from putting houses in trusts to guaranteeing inheritance for future generations
What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.
1d ago
SmartAssetCan I (Legally) Avoid Paying Tax on Dividends?
Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.
19h ago
SmartAssetIs $3 Million Enough to Retire Comfortably at 65?
To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.
19h ago
The Wall Street JournalSaudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
VIENNA—Saudi Arabia and some OPEC members clashed over who would produce how much oil ahead of a contentious group meeting on Sunday, people familiar with the matter said, in a sign of growing tensions within the cartel amid concerns over weakening global energy demand. Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, demanded smaller African producers cut their quotas, according to the people. Saudi Oil Minister Prince Abdulaziz bin Salman called some of the African delegates to his hotel suite in Vienna on Saturday and told them that their production quotas within the group would be reduced, the people said.
3h ago
Fortune‘All hell is going to break loose’: Property titan and Shark Tank star Barbara Corcoran says Elon Musk is right about commercial office space
Corcoran is predicting a "bloodbath" before the sector gets any better.
2d ago
Barrons.comVerizon and AT&T Shares Slump on Reports Amazon to Offer Wireless to Prime Members
Amazon.com is reportedly in talks with phone carriers to offer low-cost or free nationwide mobile phone service to Prime subscribers.
2d ago
The Wall Street JournalNvidia Is Still a ‘Buy’ on Wall Street as Analysts Race to Boost Price Targets
Analysts have raced to boost their price targets on the chip maker’s stock after the company’s market value gained $650 billion since October.
1d ago
The Wall Street JournaliOS 17 Is Coming. Here’s What iPhones, iPads and Apple Watches Are Missing.
PERSONAL TECHNOLOGY: NICOLE NGUYEN New devices are fun, but among Apple glitzy product launches, its software-focused June event is my favorite. We get a glimpse of the new features coming to existing iPhones, iPads and other Apple devices—at no additional charge! Ahead of the news, I’ve got a long list of things I’d like for the company to announce.
4h ago
The Wall Street JournalSaudi Oil Minister Takes Combative Stance With Wall Street Speculators
As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.
21h ago
Barrons.comC3.ai Stock Set to Lead in AI After Srong Quarter
We are initiating coverage of Kenvue with an Overweight rating and a December 2023 price target of $29. As the largest pure-play consumer health company in the world following its separation from parent Johnson & Johnson, Kenvue is uniquely positioned to benefit from consumer megatrends (self-care, aging). As a stand-alone company, we believe that Kenvue’s board and management will be more focused and accountable for the growth and profitability of the business following the separation that began in 2019, with significant opportunities to scale.
1d ago
Investor's Business DailyMillennials' Top Stock Is Up 192% — And You've Never Heard Of It
Millennials are loaded up with the same big-cap S&P 500 stocks as everyone else. But their biggest winning stock is much more obscure.
2d ago
SmartAsset$300,000 Probably Won't Last You Too Long in Retirement
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
19h ago
BloombergA New Wave of Real Estate Pain Is Coming After European Rout
(Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEverything Apple Plans to Show at WWDC: XR Headset, iOS 17 and MoreTaylor Swift Argentina Tickets Are a Ba
1d ago
FortuneThe A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report
White-collar jobs are most at risk.
2d ago
Barrons.comApple Kicks Off WWDC on Monday. Why the Event Is About More Than Virtual Reality.
A mixed-reality headset offering would mark an entry point into a category that has struggled to garner mass appeal.
1d ago
Business InsiderExtreme investor bearishness suggests stock market gains of 16% are coming in the next 12 months, BofA says
The S&P 500 could end the next twelve months at 4,900 given investors' current level of pessimism about the market, Bank of America said.
1d ago
SmartAssetIs It Possible to Save Too Much For Retirement?
It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.
19h ago
CoinDeskApple and Goldman Sachs Don’t Trust Their New Banking Customers
“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.
2d ago
Barrons.comAI Is Going to Change Investing. Here’s How It Could Play Out.
Like the PC and cellphones, artificial intelligence has the capacity to rewrite how almost every business works—including investing. Here’s how it might change things for retail and institutional investors.
2d ago
ZacksIs Trending Stock Albemarle Corporation (ALB) a Buy Now?
Zacks.com users have recently been watching Albemarle (ALB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
2d ago
SmartAssetCan I Retire at 65 with $2 Million?
Although 65 is a conventional retirement age, reaching this point with $2 million is quite a feat. This sum can generate investment and interest income to support you well in the decades to come. However, saving this amount takes effort. … Continue reading → The post Is $2 Million Enough to Retire at 65? appeared first on SmartAsset Blog.
2d ago
Investor's Business DailyAmazon: No Wireless Plans 'At This Time'; Telecom Stocks Close Down
Telecom stocks tumbled on Friday on renewed reports that e-commerce giant Amazon.com plans to sell mobile phone services in the U.S.
1d ago
BenzingaWhat's Going On With SoFi Tech Stock Friday
SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime
2d ago
FortuneSelf-made real estate millionaire Barbara Corcoran says it’s a ‘good time to buy’ because home prices are going to ‘explode’ when mortgage rates drop
As a guest on Good Morning America, Barbara Corcoran spilled all her housing tips.
2d ago
SmartAssetThe Tentative Debt Ceiling Deal Could Affect You More Than You Think
President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.
19h ago
Barrons.comThis AI Play Is Hiding in Plain Sight. It Also Happens to Pay a Big Dividend.
IBM has been working on artificial intelligence for four decades and has one of the highest dividend yields in the tech sector. So why is the stock down 8% this year?
1d ago
The Wall Street JournalGet Ready for the Full-Employment Recession
Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.
20h ago
Fortune‘The Force has left Lucasfilm’: What has gone wrong for the studio behind ‘Star Wars’ and ‘Indiana Jones’—and how Disney’s Bob Iger can salvage his $4 billion investment
"Dial of Destiny" is one of the most expensive films ever made and initial reviews suggest it could bomb big at the box office, meaning the match made in heaven risks becoming an albatross around Disney’s neck.
1d ago
The TelegraphThe gigantic North Sea oil field that could be Britain’s last
Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.
1h ago
FortuneYour early childhood skills will become more important to landing a job than your degree, says a Harvard future of work professor
If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.
20h ago
SmartAssetHow I Can Retire Comfortably at 45 With $2 Million
Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.
19h ago
ZacksThese Stocks Led the End of the Week Rally is it Time to Buy?
This week's rally was capped off with the S&P 500 rising another 1.45% as Caterpillar (CAT) and 3M's (MMM) stock drove the market higher.
1d ago
The Wall Street JournalDisney Sees Potential $1.9 Billion Charge From Removing Streaming Content
Walt Disney said it would record a $1.5 billion impairment charge in the current quarter after removing certain content from its direct-to-consumer services, which include Disney + and Hulu. Disney said it removed certain produced content from its DTC segment on May 26 and will record the charge to adjust the carry value of these content assets to fair value. Global subscribers to Disney+ ended the second quarter down by four million at 157.8 million.
1d ago
AP FinanceSlow start to New York's legal pot market leaves farmers holding the bag
Seth Jacobs has about 100 bins packed with marijuana flower sitting in storage at his upstate New York farm. The 700 pounds (318 kilograms) of pungent flower was harvested last year as part of New York's first crop of legally grown pot for recreational use. Months later, there are only a dozen licensed dispensaries statewide to sell what Jacobs and more than 200 other farmers produced.
4h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK