Mark Zuckerberg Says, Orion 'Is Probably Going To Be The Next Major Platform After Phones' — Meta's New AR Wearables Real-Life Tony Stark Glasses In The Making?
Portfolio Pulse from Ananya Gairola
Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg discussed the company's new Orion AR Glasses, which are in the prototype stage and aim to be the next major computing platform after phones. Analysts have re-rated Meta positively following the unveiling of these glasses at the Meta Connect 2024 event.
September 30, 2024 | 3:12 am
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Meta Platforms, Inc. has unveiled its Orion AR Glasses, which are expected to be the next major computing platform. Analysts have re-rated Meta positively, indicating increased confidence in its hardware and XR product roadmap.
The unveiling of the Orion AR Glasses positions Meta at the forefront of a new computing platform, potentially increasing its market share and revenue. Analysts' positive re-rating suggests a favorable short-term impact on META's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100