ADVFN US – Market Content Editor
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Meta Weighs Major Expansion of Ray-Ban Smart Glasses Output, Bloomberg Reports
Meta (NASDAQ:META) and EssilorLuxottica (EU:EL) are exploring a significant increase in production of their AI-enabled smart glasses, with discussions centered on potentially doubling annual capacity to around 20 million units by the end of this year, according to a Bloomberg News report published Tuesday. The report, citing sources familiar with the talks, said strong demand…
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Cheniere Targets 10 bcf/d LNG Throughput by End-2026
Cheniere Energy (NYSE:LNG) expects to be processing about 10 billion cubic feet per day of natural gas by the close of 2026, chief executive Jack Fusco said Tuesday while speaking at an American Petroleum Institute event in Washington. Fusco said the milestone underscores confidence in the United States’ ability to further strengthen its position as…
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Microsoft Unveils Data Center Plan to Curb Power Costs and Cut Water Use
Microsoft (NASDAQ:MSFT) on Tuesday introduced a new community-oriented initiative aimed at reducing water consumption at its U.S. data centers and ensuring that the company’s expanding facilities do not push up electricity costs for consumers. As part of the plan, Microsoft said it will pay electricity rates that fully reflect the cost of its power usage…
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Visa and Mastercard Shares Slide as Trump Reinforces Push to Curb Card Fees
Shares of Visa (NYSE:V) and Mastercard (NYSE:MA) dropped more than 5% on Tuesday, adding to recent declines after President Donald Trump renewed his focus on the credit card industry. The sell-off accelerated after Trump publicly backed the bipartisan Credit Card Competition Act in a post on his Truth Social platform. “Everyone should support great Republican…
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Boeing Ships 160 Commercial Jets and 37 Defense Units in Q4 2025
Boeing (NYSE:BA) said it handed over 160 commercial airplanes and 37 units across its defense, space and security businesses during the fourth quarter of 2025. Commercial deliveries for the quarter were led by the 737 program, which accounted for 117 aircraft. Boeing also delivered 27 787 Dreamliners, along with 10 767s and 6 777 widebodies.…
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Warby Parker Shares Jump on Signs of Rising Smart Glasses Demand
Shares of Warby Parker (NYSE:WRBY) surged around 10% on Tuesday after a Bloomberg report pointed to rapidly growing demand for AI-enabled smart glasses. The rally followed reports that Meta Platforms (NASDAQ:META) and EssilorLuxottica (EU:EL) are in talks about potentially doubling production capacity for their AI-powered smart glasses by the end of the year, reflecting strong…
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Bank of America Raises Micron Target as Memory Pricing Momentum Builds
Bank of America has lifted its price target on Micron (NASDAQ:MU) to $400 per share from $300, pointing to strengthening DRAM prices and a supportive supply-demand backdrop. Analyst Vivek Arya reiterated a Buy rating, saying the upgrade reflects a “continued increase in DRAM spot price and still disciplined Samsung capex spend in CY26.” The bank…
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New Home Sales Rebound Slightly, Beat Expectations but Fall Short of Prior Month
Fresh data on U.S. new home sales showed a modest pickup in activity, with the annualized pace of new single-family home purchases improving from the previous month but still remaining below earlier levels. Sales were reported at an annual rate of 737,000 units, topping market expectations of 716,000. The stronger-than-forecast outcome points to more resilience…
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Delta Places Order for 30 Boeing 787-10 Jets, Secures Options for 30 More
Delta Air Lines (NYSE:DAL) has placed a firm order for 30 Boeing 787-10 widebody aircraft and secured options to purchase an additional 30 jets. Deliveries of the new aircraft are scheduled to begin in 2031. Alongside the aircraft order, Delta has also signed an agreement with GE Aerospace to provide maintenance and support services for…
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Adobe Shares Ease After Oppenheimer Downgrades Software Giant
Shares of Adobe (NASDAQ:ADBE) slipped slightly in U.S. premarket trading on Tuesday after analysts at Oppenheimer lowered their rating on the creative software group. In a research note, Oppenheimer cut its recommendation on Adobe to “market perform” from “outperform,” arguing that while the stock presents “good medium-term opportunities” at what they see as a relatively…