Unity Software Jumps 20%, Propelled by Apple Vision Pro Partnership

Jun 06, 2022

Unity Software Jumps 20%, Propelled by Apple Vision Pro Partnership

Shares of Unity, a software development company, jumped dramatically on Monday, ending the day up almost 20%, following a mention by Apple at its annual Worldwide Developers Conference.

Apple revealed on Monday that its upcoming mixed reality headset, the Apple Vision Pro, will be powered by Unity’s gaming software.

At the WWDC presentation, Apple’s vice president of worldwide developer relations announced that the corporation has been collaborating with Unity to bring 3D apps developed by a passionate community of developers to Vision Pro. He revealed that popular Unity-based games and apps would have full access to vision OS features such as pass-through, high-resolution renderings, and native gestures.

After the news, Unity stock experienced a significant increase in trading volume, surpassing three times its 20-day moving average, at the same time hitting its best intraday performance since November 10th.

Unity Software Jumps 20%, Propelled by Apple Vision Pro Partnership

Unity is a company that offers a cross-platform game engine. Apple first mentioned the engine in 2005 in regard to the Mac. Three years ago, the company became public, with its stock price rising to almost $200 per share during a surge in tech stocks in 2021.

Mike Rockwell, Vice President of the Technology Development Group, revealed at Apple’s Monday presentation that their collaboration with Unity to develop tools for their Vision Pro platform has been in the works for years.

“Our work together with Unity to deeply support their tools combined with the World-class rendering of vision OS and powerful displays makes Apple Vision Pro an incredible platform for game developers,” Rockwell said. 

Unity Software Inc. reported better-than-expected revenues in its first quarter earnings on May 10th but posted a larger-than-anticipated loss per share. Revenue totaled $500.36 million, surpassing analysts’ estimates of $477.67 million, according to Bloomberg data. Unity also reported an adjusted EPS loss of $0.09, greater than the $0.01 loss anticipated by Wall Street.

Unity, similar to other companies in the gaming industry, highlighted its success in the field of artificial intelligence during its earnings call.

According to Unity CEO John S. Riccitiello, AI promises to have a seismic effect on the industry. During the company’s earnings call, he stated that AI would open up new possibilities for the development of games and bring down expenses in high-end production. This could be a boon for the gaming industry as well as Unity, as the company “drives some of these changes through the industry.”

Subscribe Our Newsletter

What Are the Top Luxury Activities to Indulge in Bali

Esme Wang

What Are the Top Luxury Activities to Indulge in Bali?

Bali, the “Island of the Gods,” is famed for its breathtaking landscapes, vibrant culture, and an array of luxury experiences that cater to discerning travelers. Whether visiting for a special occasion or simply wanting to elevate your holiday, Bali offers plenty of indulgent activities that promise unforgettable memories. To make the most of your time […]

Technology
Dogecoin price surges

Oto

Dogecoin Prediction: What’s Next for the DOGE Price After Recent Surge?

Dogecoin's recent surge shows strong momentum driven by whale accumulation and market recovery. Experts predict potential growth.

Crypto
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Konstantin

Moonpay Review — Is It Legit?
Find out what the Moonpay trading platform is, what advantages and disadvantages it has, and whether it is legal for use in trading practices.

discover
How Many Days a Year the Stock Market Is Up?

Alexander

How Many Days a Year the Stock Market Is Up? – An Investor’s Guide to Long-Term Success

Amidst recent market fluctuations, it is natural for investors to feel uncertain about the future. While it may be tempting to react to short-term swings,  it is essential to remember that the stock market is a long-term game that requires patience and discipline.

Investing
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.