Tech Five: GoPro jumps off new camera details
(Editor's note: An earlier version of this story noted the Oculus Rift headset would cost $1,500, according to comments from its CEO. The price tag is for a package including both the headset and a PC running the device. Apologies for the error.)
Shares of action camera maker GoPro are moving following comments from its CEO during this week's Code Conference. Let's look at the tech stocks to watch Thursday:
GoPro. CEO Nick Woodman says the company will launch a "quadcopter" drone next year and a device that captures "spherical content" using six cameras and a mounting accessory. Shares of GoPro are up nearly 5% in pre-market trading.
Broadcom. Shares of the chipmaker slipped 1% after confirming it will be acquired by rival company Avago. The cash and stock deal is worth $37 billion. Shares of Avago are up nearly 4%.
Google. The tech giant kicks off its I/O developers conference Thursday with a keynote at 12:30 p.m. ET. According to The New York Times, Google is expected to reveal a revamped version of its mobile payments platform Android Pay.
Apple. Is the iPhone maker trying to take on Google Now? According to 9to5Mac, the service is called Proactive, and will offer iOS device users information based on their habits and data.
Facebook. Save up your money if you plan to commit to the Oculus Rift virtual reality headset. CEO Brendan Iribe told attendees of the Code Conference a package including the Rift headset and computer used to run it will cost around $1,500. The headset is expected to launch early next year.
Follow Brett Molina on Twitter: @brettmolina23.