Webpack fails with babel has been moved to babel-core
<p>I've followed the solutions on stackoverflow posts posted by different developers. However, none of them helped fix the issue I'm encountering. Few of the things I did are</p>

<ol>
<li>uninstall babel</li>
<li>install babel-core, babel-cli</li>
<li>upgraded to node v6.2.2</li>
<li>reinstall webpack</li>
<li>blew up node_modules and ran npm install again</li>
</ol>

<p>All of the above never fixed this error</p>

<pre><code>ERROR in The node API for `babel` has been moved to `babel-core`.
 @ (webpack)-dev-server/client?http://localhost:3333 1:10-24

ERROR in The node API for `babel` has been moved to `babel-core`.
 @ (webpack)-dev-server/client?http://localhost:3333 3:16-37

ERROR in The node API for `babel` has been moved to `babel-core`.
 @ (webpack)-dev-server/client?http://localhost:3333 2:13-37

ERROR in (webpack)/~/process/browser.js
Module build failed: Error: Couldn't find preset "react" relative to directory "/Users/admin/.nvm/versions/node/v6.0.0/lib/node_modules/webpack/node_modules/process"
    at /Users/admin/repos/ReactJSApps/react-es6-setup/node_modules/babel-core/lib/transformation/file/options/option-manager.js:395:17
    at Array.map (native)
.
.
.
webpack: bundle is now VALID.
</code></pre>

<p>Here is my package.json</p>

<pre><code>{
  "name": "react-es6-setup",
  "version": "1.0.0",
  "description": "",
  "main": "index.js",
  "scripts": {
    "start": "webpack-dev-server"
  },
  "author": "",
  "license": "ISC",
  "dependencies": {
    "react": "^15.2.0",
    "react-dom": "^15.2.0"
  },
  "devDependencies": {
    "babel-core": "^6.10.4",
    "babel-loader": "^6.2.4",
    "babel-preset-es2015": "^6.9.0",
    "babel-preset-react": "^6.11.1"
  }
}
</code></pre>

<p>And webpack.config.js</p>

<pre><code>module.exports = {
  entry: './main.js',
  output: {
    path: './',
    filename: 'index.js'
  },
  devServer: {
    inline: true,
    port: 3333
  },
  module: {
    loaders: [
        {
          test: /\.js$/,
          exclude: 'node_modules',
          loader: 'babel',
          query: {
            presets: [ 'es2015', 'react' ]
          }
        }
    ]
  }
}
</code></pre>

<p>and the dir listing of the node_modules</p>

<pre><code>$ ls -l node_modules/ |grep react
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-helper-builder-react-jsx/
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-plugin-transform-react-display-name/
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-plugin-transform-react-jsx/
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-plugin-transform-react-jsx-self/
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-plugin-transform-react-jsx-source/
drwxr-xr-x    6 admim  207825898    204 Jul  6 02:02 babel-preset-react/
drwxr-xr-x    9 admim  207825898    306 Jul  6 02:03 react/
drwxr-xr-x    9 admim  207825898    306 Jul  6 02:03 react-dom/
</code></pre>