Tech
Apple Co-Founder Steve Wozniak Doesn’t Track AAPL
CNBC’s Scott Wapner sits down with Apple co-founder Steve Wozniak, to discuss Tesla, Apple’s performance in the market and what the future could hold for Apple.
Apple shares tanked earlier after Lumentum Holdings, which makes technology for the iPhone’s face-recognition function, cut its outlook for fiscal second quarter 2019. Lumentum CEO Alan Lowe said one of its largest customers asked the company to “materially reduce shipments” for its products. Shares of Lumentum plunged 33 percent.
The decline in Apple pressured the broader technology sector. The Technology Select Sector SPDR dropped 3.5 percent. Alphabet and Amazon shares pulled back 2.7 percent and 4.3 percent, respectively. Amazon shares fell into bear-market territory, down about 20 percent from its 52-week high. Apple’s decline and worries over trade overshadowed two large corporate deals.
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Apple Co-Founder Steve Wozniak Doesn’t Track His Apple Stock
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Walt Mossberg, Re/code co-executive editor, discusses his expectations for how consumers will receive Apple’s Watch.
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All references to ‘autopilot’ on the webpage have been replaced with phrases stating the feature serves as a ‘self-assisted driving’ function.
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Tesla Removes ‘Autopilot’ From China Website: Bottom Line | CNBC
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UBS reaffirms its sell rating for Tesla shares, saying the electric car maker will continue to have issues making its Model 3 cars.
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UBS Slashes Tesla Profit Estimates Predicting More Model 3 Problems: Bottom Line | CNBC
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CNBC’s Morgan Brennan on Apple’s second quarter earnings.
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iPhones Expected To Drive Apple’s Q2 Results | CNBC
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Somniac’s full body flight simulator, Birdly, allows users to feel as though they are flying like a bird.
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Somniac’s At-Home VR Flying Simulator ‘Birdly’ Will Have You Dodging Skyscrapers | CNBC
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