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EssilorLuxottica's AI Smart Glasses Revenue Nearly Doubles On Ray-Ban, Oakley Demand
EssilorLuxottica's AI Smart Glasses Revenue Nearly Doubles On Ray-Ban, Oakley Demand
EssilorLuxottica shares rose as much as 4.5% in Paris before reversing course and falling 2%. The eyewear maker reported better-than-expected first-half profit margins, while revenue from its AI smart glasses nearly doubled in the second quarter, easing investor concerns over rising competition and component costs.
The Ray-Ban owner, which partners with Meta on smart glasses, reported a 13% increase in first-half adjusted profit to 1.9 billion euros, while its operating margin reached 18.6%, above the analyst estimate of 16.3%. Second-quarter...
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May 27, 2026 / Tyler Durden
Stranded
Stranded
By Molly Schwartz, cross-asset macro strategist at Rabobank
Markets laid in wait for war-related headlines yesterday after Trump truthed on Monday night that “negotiations with the Islamic Republic of Iran” were “proceeding nicely.” It’s also possible that “proceeding nicely” meant that the US was once again escalating to de-escalate, as hours later the US military confirmed reports of strikes against Iranian military assets, including speedboats which were laying mines in the Strait. While the news reel was sparsely populated, it did flag that the US Navy was restarting to guide...
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May 10, 2026 / Dave DeCamp
Russia and Ukraine Accuse Each Other of Violating Three-Day Ceasefire
Russia and Ukraine have accused each other of violating a three-day ceasefire that President Trump announced on Friday, following a pattern of most short-term truces that have been attempted in the four-year-old conflict. Trump said in a post on Truth Social that the ceasefire would be observed from May 9 to May 11 to mark […]
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Apr 17, 2026 / Tyler Durden
Unpaid Trash Company Empties Dumpster Rental Load On Customer's Front Lawn
Unpaid Trash Company Empties Dumpster Rental Load On Customer's Front Lawn
A Bay Area dumpster company decided to skip collections and go straight to… lawn delivery.
Express Rental Dumpster said a San Pablo customer rented a bin while moving out, but the payment situation was, generously, fictional. The owner, Martin Perez, said the card kept getting declined while the customer kept promising “later”, according to Fox News.
So instead of eating the cost, the driver showed up and made a statement. Ring camera footage shows him briefly talking to someone off-screen, cracking...
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