Categories: Business

Shares of Ray-Ban maker EssilorLuxottica soar after Meta AI glasses drive revenue beat

(Reuters) -Shares of Ray-Ban maker EssilorLuxottica surged more than 9% in early trading on Friday after the Franco-Italian group reported better than expected quarterly revenue a day earlier, helped by strong demand for its Meta AI glasses. The eyewear giant's stock exceeded 300 euros per share in early Paris trading, its highest price ever. (Reporting by Gianluca Lo Nostro; Editing by Milla Nissi-Prussak)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Cubarsi champions defenders' cause but keeps his feet on the ground at home

VIDEO SHOWS: INTERVIEW WITH SPAIN'S CENTRE-BACK PAU CUBARSI / ARCHIVE OF CUBARSI TRAINING WITH SPAIN…

9 seconds ago

Analysis-David Ellison's appointment of Kreiz brings cost-cutter to Paramount-Warner Bros Discovery

By Deborah Mary Sophia and Neil J Kanatt Oct 1 (Reuters) - David Ellison's choice…

3 minutes ago

Japan government bond yields fall as global markets steady

By Rocky Swift TOKYO, Oct 2 (Reuters) - Japanese government bond (JGB) yields fell on…

10 minutes ago

Moderna to replace Warner Bros Discovery  on Nasdaq 100

Oct 1 (Reuters) - Nasdaq said on Thursday that vaccine maker Moderna will replace Warner…

14 minutes ago

Rested Stars begin bounce-back bid against revamped Blues

The Dallas Stars open the season against the visiting St. Louis Blues on Friday night…

16 minutes ago

Roughriders, Stampeders enter crucial clash in West playoff race

The Saskatchewan Roughriders are playing themselves into a dangerous situation. Their 31-24 loss last week…

21 minutes ago