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META
Benzinga
63 days

Meta Teams Up With Oakley, Prada For Next-Gen AI Smart Glasses

1. Meta and EssilorLuxottica to launch AI smart glasses under Oakley and Prada brands. 2. New Oakley glasses aim at athletes, priced around $360 with improved weather resistance. 3. Meta's ad revenue surged to $41.39 billion, with WhatsApp ads launching soon. 4. Prada partnership signifies Meta's entry into high-end fashion collaborations. 5. Ray-Ban's success supports new product launches in the smart glasses market.

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FAQ

Why Bullish?

The launch of new smart glasses and increased ad revenue can enhance Meta's overall market performance, mirroring the positive impact of past successful product launches.

How important is it?

The strategic partnerships and ad revenue growth signal strong future performance potential for Meta.

Why Short Term?

Immediate revenue effects expected from WhatsApp ads and consumer interest in smart glasses.

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