Core Insights - Meta has launched several new products, including the second-generation Ray-Ban AI glasses, but these glasses lack the ability to send iMessages due to Apple's strict control over its API [1] - Meta's CTO, Andrew Bosworth, expressed a willingness to expand their capabilities and urged Apple to grant access permissions [1] - Apple's ecosystem is under scrutiny from the U.S. Department of Justice and European regulators for its isolated operation, which prevents users from accessing Android versions of applications, thereby encouraging continued purchases of Apple products [1]

Market Overview - The three major U.S. indices showed mixed performance, with the Dow Jones down by 91.90 points (0.22%) to 42427.74, while the Nasdaq rose by 61.53 points (0.32%) to 19460.49, and the S&P 500 increased by 0.44 points (0.01%) to 5970.81 [1] - European markets saw the DAX30 index rise by 176.15 points (0.73%) to 24259.01, while the FTSE 100 increased by 12.04 points (0.14%) to 8799.06 [2] - In the Asia-Pacific region, the Nikkei 225 index rose by 0.8%, and the KOSPI index increased by over 2.6% [3] Economic Indicators - The U.S. ADP employment report for May showed a significant drop, with only 37,000 jobs added, marking the lowest increase in over two years and falling short of economists' expectations [1] - The ISM non-manufacturing PMI for May fell to 49.9, indicating contraction in the services sector for the first time in nearly a year, down from 51.6 in April [1] - The Federal Reserve's Beige Book indicated mixed economic activity across regions, with half reporting slight to moderate declines and some areas showing slight growth [5] Company News - Meta is investing millions to collaborate with Hollywood for exclusive content for its upcoming high-end VR headset, aiming to compete with Apple's VisionPro [6] - Morgan Stanley is preparing to accept cryptocurrency ETFs as collateral for loans, marking a significant expansion in its cryptocurrency-related business [7] - Apple’s stock has declined as Needham downgraded its rating from "Buy" to "Hold," citing concerns over AI risks and limited iPhone upgrade cycles [8] Commodity and Currency Markets - Gold prices increased, with spot gold rising by 0.59% to $3373.14 per ounce, and COMEX gold futures up by 0.64% to $3398.80 per ounce [3] - The U.S. dollar index fell by 0.45%, with the euro trading at 1.1421 and the British pound at 1.3558 [3] - Oil prices decreased, with light crude oil futures down by $0.56 to $62.85 per barrel, and Brent crude down by $0.77 to $64.86 per barrel [4]

Group 1 - Meta is seeking partnerships with Hollywood to acquire exclusive content for its high-end virtual reality headset planned for release next year [1] - The company is in talks with entertainment brands such as Disney and A24, as well as smaller production companies, and is willing to invest millions of dollars for immersive video content based on well-known intellectual properties [1] - The new device, codenamed "Loma," is expected to be more powerful than the current Meta Quest headsets, featuring higher video fidelity and a design resembling large glasses rather than traditional goggles [1] Group 2 - Meta plans to price the new headset below $1,000, which is higher than the starting price of $300 for the Quest but significantly lower than the $3,500 base price of Apple's VisionPro [1]