META’s Smart Glasses To Launch At Connect Conference? 😎
86% gain from taking META call and sell covered calls over 5 trades on Monday. ⚠️ Trading tips: Looking for pullback near 300 to take calls since FOMC announcement falls on Wednesday afternoon. Employing dip buying strategy as another choppy day with flat price action expected on Tuesday 🥱
Ray not banned in the USA
A new pair of smart glasses jointly developed by Meta Platforms Inc. (NASDAQ:META) and Ray-Ban‘s parent company Luxottica Group appears to have received clearance from the Federal Communications Commission, or FCC, hinting at a possible imminent release.
The FCC database now lists a Luxottica-branded smart glasses product, reported The Verge. Given that previous reports have suggested a second-generation Ray-Ban Stories smart glasses are in the works, this FCC listing is believed to be for the new device.
The original Ray-Ban Stories smart glasses included features such as photo and video capture, along with microphones and speakers for audio capture and playback. However, they didn’t see much user adoption, with less than 10% of buyers using them regularly each month.
Safer to dip buy than FOMO chase
Despite this, Meta seems undeterred and is pushing ahead with the second generation. Enhancements to the new smart glasses are said to include improved battery life, better cameras, and the ability to live-stream to Facebook and Instagram. An interesting addition is the ability to hear comments from viewers during live streams via the built-in headphones.
Meta is yet to comment on these developments. The company’s upcoming Connect conference on Sep 27-28 might provide further information on the new smart glasses.
Buy call
Buy call
Sell covered call
Sell covered call
Buy call
@CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @koolgal @Andreana @KylerLee @Aqa
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
I am very comfortable with my large META position as I am pretty certain this will be a multi trillion dollar company in 5-10 years
Meta is worth even more as it will achieve and surpass what apparently so few companies can.
Meta is undervalued and will be printing cash in the basement in the future IMHO.
Good stocks move up 90% of the time. Just stay invested. Set aside your fears.
This is a growth stock priced at absurdly low level IMO.