Yahoo Finance Live anchors look ahead to the earnings reports and economic data expected out next week.
Apple Inc is developing software to help users of its upcoming mixed-reality (MR) headset build their own augmented reality apps, the Information reported on Friday, citing four people who worked on the headset. According to a Bloomberg News report, the company was in talks with about half a dozen media partners including Walt Disney Co to develop virtual reality content for its MR headset. An MR headset could allow the wearer to use a real-world object to trigger a virtual-world reaction.
(Bloomberg) -- The US economy grew faster than expected in the last quarter of 2022, but the mixed GDP report also showed consumer spending that was slower than forecast, suggesting that the burden of rising prices and higher borrowing costs will continue to pressure demand as this year progresses. Following the ongoing trend, investors will look to companies reporting earnings next week to provide further insight into their expectations surrounding the impact of worsening economic conditions on