Virtual Reality (VR) is a technology that provides an immersive simulated experience. It includes companies that manufacture and sell hardware, devices and equipment for augmented reality (AR) and virtual reality (VR), such as head-mounted displays, gloves, controllers, etc. The recent launch of Apple's vision pro has sparked the interest of investors in VR and AR technology. With the innovation of new VR products, virtual reality will change how we use and develop games, entertainment, education, and healthcare services. As new applications continue to materialize, VR companies will see significant revenue growth, driving their share prices higher.
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$Broadcom (AVGO.US)$ climbed upwards of 20%, the highest reaching percentage climber on the S&P 500 after the firm reported earnings that beat estimates Thursday, with revenue that climbed 51% from a year ago. AAI revenue for the fiscal year climbed 220%. The climb sent the stock to over $1T in ma...
Meanwhile, sticky and persistent inflation could force Fed to re-consider their rate cut campaign next year. But that’s for 2025. Next week’s FOMC meeting will likely see the Fed cutting interest rate by 25 basis points again – probably setting the market up for ...
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