Categories: Tech & Auto

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

Share
Published by
Indianews Syndication

Recent Posts

UPDATE 6-South African police probe mining feud, business rivalry after shootings kill 27

(Adds quotes from president in paragraphs 2, 4 and 7) * Seventeen killed in one…

5 minutes ago

Free-falling Phillies keep playoff berth in sight in finale vs. Rays

Once a virtual lock to make the playoffs, the Philadelphia Phillies will enter the final…

11 minutes ago

WTA 125K Series, Eupago Porto Open Women's Singles Results

Sep 27 (OPTA) - Results from the WTA 125K Series, Eupago Porto Open Women's Singles…

16 minutes ago

Barrick mining reaches deal with Mali gold unions, Bloomberg News reports

Sept 27 (Reuters) - Canada's Barrick Mining has reached an agreement with unions representing workers…

22 minutes ago

UPDATE 2-Swiss voters set to reject tighter neutrality rules that would curb NATO cooperation

* Swiss neutrality internationally recognised since 1815 * Right-wing SVP says that position eroded by…

27 minutes ago

UPDATE 1-US consulate builder in Milan to pay $35 million over labour probe

* US firm had been probed over alleged labour exploitation * Company to pay nearly…

33 minutes ago