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Guo Mingji: Apple's glasses roadmap has changed; the successor to Vision Pro has been canceled.
① According to the latest report by Guo Mingxi, Apple’s next CEO, John Ternus, has approved a significant scaling back of the XR product roadmap, effectively removing the Vision Pro product line from core strategic planning, with resources now being redirected toward AI-powered smart glasses that hold greater mass-market potential; ② Last week, another insider, Mark Gurman, stated that a thinner and lighter headset remains on Apple’s development roadmap.
On the eve of Apple's developer conference, the company makes a strategic move in Berlin: its first European Developer Center is set to open, deepening its ecosystem moat.
As the annual Worldwide Developers Conference (WWDC) approaches, Apple announced it will establish its first European Developer Center in Berlin.
Top 20 by Trading Volume | Storage Sector's Big Four Hit New Highs Amid Market Downturn; SanDisk Up Nearly 7%; Meta’s AI-Powered Customer Service Agent Surges Over 4% as It Aims to Unlock Hundreds of Billions in Commercial Potential; Marvell Extends Rally
Micron Technology, the most actively traded stock on U.S. markets on Wednesday, rose 1.45% with a trading volume of $41.737 billion. Micron Technology is one of the prominent AI memory stocks, but its significant share price appreciation has added complexity to related discussions, as GuruFocus has identified seven warning signals for the company. Morgan Stanley analyst Joseph Moore raised Micron Technology’s price target from $520 to $1,050 while maintaining a “buy” rating, citing expectations that the memory chip shortage could persist for several years.
The next-generation Apple Watch may feature improved battery life.
Gelonghui, June 4 | Apple is currently evaluating a new OLED backplane technology based on high-mobility oxide (HMO). If implemented, this technology could further reduce screen power consumption and enhance battery life in the next-generation Apple Watch.
U.S. Markets Close | Middle East tensions escalate again, ending the nine-day winning streak of the S&P 500 and Nasdaq; chip stocks rise against the trend, with Navitas Semiconductor up over 19% and Intel up over 4%; Bitcoin briefly falls below $65,000
The S&P 500 closed down 0.74%, ending a nine-day winning streak, while the Dow Jones Industrial Average plunged 620 points and the Nasdaq Composite declined 0.89%. The U.S. Dollar Index rose 0.3%. A stronger dollar directly weighed on precious metals and cryptocurrencies. Spot gold prices fell 1.1%, once again dropping below the $4,500 mark. Bitcoin tumbled 3.3%, testing key support at its March low. Ethereum dropped 5.4% to $1,801.
Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session