Shares of Ray-Ban maker EssilorLuxottica jump 5% on reported Meta stake in AI push
1. EssilorLuxottica shares rose over 5% due to Meta's minority stake. 2. Meta invested approximately 3 billion euros in EssilorLuxottica, enhancing partnership. 3. Meta aims to expand its tech capabilities with AI-powered wearables. 4. The companies plan more smart glasses under the Oakley and Prada brands. 5. Sales of Meta Ray-Ban glasses reached 2 million since late 2023.