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AAPL

CASY

SJM

THO

The Dow Jones dropped 200 points, but the CNN Money Fear and Greed index showed improved investor sentiment at 73.0. Apple shares settled slightly lower after unveiling new products. Investors await earnings results from J. M. Smucker, THOR Industries, and Casey's General Stores.

Portfolio Pulse from Lisa Levin

June 06, 2023 | 6:49 am

F

TSLA

Tesla Inc (NASDAQ:TSLA) experienced a 13,656% YoY increase in new vehicle registrations in the UK, with 3,439 new cars registered in May 2023. The Model Y was the standout performer, contributing 2,509 units to the total registrations. Ford Motor Co's (NYSE:F) Puma topped the charts with 4,184 new vehicle registrations.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 6:38 am

AAPL

META

Apple and Meta Platforms are competing in the AR/VR market with their respective headsets, Vision Pro and Quest 3. Apple's Vision Pro is priced at $3499, while Meta's Quest 3 is more affordable at $499.99. The Vision Pro offers advanced features, such as Spatial Audio support and a dedicated App Store, while the Quest 3 focuses on VR gaming experiences.

Portfolio Pulse from Ananya Gairola

June 06, 2023 | 5:14 am

BYDDF

BYDDY

F

GWLLF

LI

Chinese automaker Great Wall Motor reported a 104.1% YoY increase in new energy vehicle sales in May, selling 23,755 units. However, it trailed behind Li Auto and Warren Buffett-backed BYD, which reported 146% and 109% YoY increases, respectively. Ford CEO Jim Farley named Great Wall Motor as one of the main competitors in the EV market.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 5:12 am

AAPL

Gene Munster, managing partner at Deepwater Asset Management, believes that Apple's newly introduced mixed-reality headset, Vision Pro, will eventually account for 10% of the company's revenue. This comes as Wall Street reacted negatively to the device's release and price tag.

Portfolio Pulse from Bhavik Nair

June 06, 2023 | 4:02 am

AAPL

Apple announced WatchOS 10 at the 2023 Worldwide Developers Conference, featuring a new design language, restructured apps, health and wellness focus, and new features. Highlights include watch face updates, app redesigns, cycling and hiking enhancements, mental health awareness, vision health, developer opportunities, and privacy.

Portfolio Pulse from Michael Cohen

June 06, 2023 | 3:30 am

AAPL

CJET

COIN

GTLB

TSLA

US markets closed in the red on Monday, with Tesla, Apple, Gitlab, Chijet, and Coinbase stocks drawing investor attention. Tesla's China sales increased, Apple unveiled its Apple Vision Pro, Gitlab reported a 45% YoY revenue increase, Chijet experienced post-IPO volatility, and Coinbase faced a lawsuit by the SEC.

Portfolio Pulse from Bhavik Nair

June 06, 2023 | 1:22 am

BTCUSD

The Digital Assets Mining Energy (DAME) excise tax, which proposed taxing crypto miners 10% of the cost of electricity used for Bitcoin mining in 2024 and 30% in 2026, has been dropped from a US bill. GoMining CEO Mark Zalan discussed the future of the crypto mining industry, the need for a unified regulatory framework, and the company's efforts to combine mining with NFTs and yield-bearing tokens.

Portfolio Pulse from Justin Roberti

June 05, 2023 | 10:02 pm

ATVI

MSFT

SONY

Sony CEO Kenichiro Yoshida expressed caution about the technical challenges associated with cloud gaming, while the company explores various options for streaming games over the internet. This comes as rival Microsoft faces regulatory hurdles in its proposed acquisition of Activision Blizzard.

Portfolio Pulse from Franca Quarneti

June 05, 2023 | 9:42 pm

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TSLA

Panasonic plans to increase battery production at Tesla's Gigafactory Nevada by 30% to meet growing demand for electric vehicles. The expansion will add a 14th production line and is expected to be operational by 2023.

Portfolio Pulse from Charles Gross

June 05, 2023 | 9:36 pm