Apple's Market Growth and Qualcomm's Strategic Investment Insights on CNBC - Business

Apple and Qualcomm Make Headlines on CNBC

The Halftime Report Final Trades on CNBC featured some top picks from financial experts . Shannon Saccocia of NB Private Wealth highlighted The Health Care Select Sector SPDR Fund XLV as a strong contender for sales growth in the second half of the year in sectors like energy , technology , and health care . Meanwhile , Stephen Weiss of Short Hills Capital Partners chose Apple Inc. PL , emphasizing the company 's continued momentum.

 Apple is reportedly working on the next generation of its Vision Pro headset , with rumors suggesting significant changes in design and pricing . The tech giant is developing two variants of the second - generation headset . One version is expected to be a premium option , improving upon the first Apple Vision Pro , while the other is anticipated to be a more affordable , consumer - grade edition.

Jim Lebenthal of Cerity Partners rounded out the final trades by naming Adobe Inc. ADBE . Analyst Gil Luria from DA Davidson recently maintained a Buy rating on Adobe with an increased price target of 85 , showing confidence in the company 's growth potential.

Legal Battles and Settlements

Joseph M. Terranova of Virtus Investment Partners highlighted QUALCOMM Incorporated QCOM as a strategic investment opportunity . This comes after Qualcomm agreed to pay 5 million to settle a lawsuit with its shareholders on June 19 , a significant win for investors in contrast to previous challenges faced with Apple and global regulators.

Market Performance

Following the expert recommendations , Apple shares saw a 0.6 % increase to close at 21.55 , showcasing positive investor sentiment . On the other hand , The Health Care Select Sector SPDR Fund experienced a 0.8 % decline during the trading session . Adobe closed at 70.15 with a 0.4 % gain , while QUALCOMM ended the day at 03.81 , marking a 1.8 % increase in its stock price.

In conclusion , the financial experts on CNBC provided valuable insights into potential market movers like Apple , Qualcomm , Adobe , and more . As the market continues to evolve , these recommendations offer investors a glimpse into profitable opportunities in the tech and healthcare sectors.