Snap Inc Options Spot-On: On September 27th, 80,630 Contracts Were Traded, With 1.27 Million Open Interest
Meta's AI Spend Signals Sustained Revenue Growth: Analyst
President Capital Upgrades Snap to Buy From Neutral, Price Target Is $13
All Eyes Are on Meta's Smart Glasses, but Questions Persist Over Its Secretive AR Project
Meta launches Orion AR glasses, aiming to become a competitor to smart phones.
Meta Platforms Inc. has released its first augmented reality (AR) glasses, which can display a combined view of the digital world and the real world. This device is a key step in CEO Mark Zuckerberg's goal - one day, it will become a hands-free replacement for smart phones. The new glasses, named Orion, released on September 25, look like heavy black-framed reading glasses, but the lenses can display text messages, video calls, and even YouTube videos in front of users. These glasses are prototype products.
Wedbush: The next generation AI products boost the cloud business outlook, maintaining a "outperform large cap" rating for Google (GOOGL.US).
After the event, Wedbush maintains an "outperform" rating on Google, with a 12-month target price of $205.
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