Investment
Features
FeesSafety
Academy
More
Pluang+

EssilorLuxottica stays strong despite share drop, with smart glasses and Armani deal boosting growth potential

Market News
30 Sep 2026
Seeking Alpha
View Source
Bullish
EssilorLuxottica stays strong despite share drop, with smart glasses and Armani deal boosting growth potential

EssilorLuxottica's operations remain stable despite internal disputes at Delfin, with full board support for CEO Francesco Milleri. The company is seeing smart glasses emerge as a key growth area, driven by wider distribution, new products, and AI-enhanced lenses. A potential deal with Armani could further strengthen its luxury market presence without needing full ownership. Despite a nearly 50% drop in share price since early 2026, the company’s strong margins, cash flow, and strategic options make it an attractive investment opportunity.

EssilorLuxottica is the subject of this update, with Pluang providing a snapshot of the Consumer Cyclical sector as of Sep 30, 2026 21:31 WIB. Out of 112 priced US stocks in this sector tradable on Pluang, 60 rose and 51 fell today. Notable movers include CarMax, Inc (KMX) at USD 56.62 with a 1-day change of -4.41% and a Pluang order activity split of 60% Sell / 40% Buy, Mattel Inc (MAT) at USD 12.76 down 3.48% but with 100% Buy orders, and Quantumscape Corp (QS) at USD 4.73 up 3.05% with 97% Buy orders. The most notable figure is Mattel's typical hold time on Pluang of 103 days.

More News

Gold ends Q3 with 4% gain despite rising bond yields; cautious optimism for Q4 recovery.

Gold ends Q3 with 4% gain despite rising bond yields; cautious optimism for Q4 recovery.

Gold prices closed the third quarter with a 4% gain, holding above $4,100 despite a sharp rise in 10-year bond yields to a 20-year high of 5.27%. Inflation pressures, falling bond prices, and tighter global monetary policies pressured gold, but stron...

Market News
Bullish
4 hours ago
ChargePoint stock rises 7% on strong Q2 results, outpacing EVgo and Blink Charging in the EV charging sector.

ChargePoint stock rises 7% on strong Q2 results, outpacing EVgo and Blink Charging in the EV charging sector.

ChargePoint's stock jumped 7% following strong Q2 results, including $116 million revenue, improved margins, and reduced losses. This surge contrasts with declines in rivals EVgo and Blink Charging, highlighting ChargePoint's momentum in the EV charg...

Market News
Neutral
4 hours ago
Rising U.S. Treasury yields pressure REITs like Realty Income by increasing borrowing costs and reducing returns.

Rising U.S. Treasury yields pressure REITs like Realty Income by increasing borrowing costs and reducing returns.

Increasing U.S. Treasury yields are directly challenging income investments such as Real Estate Investment Trusts (REITs). Higher yields raise borrowing costs for leveraged investments, which squeezes net returns and threatens the sustainability of d...

Market News
Bearish
4 hours ago
Workday's AI-driven growth stays strong despite 2.5% staff cut and short-term costs.

Workday's AI-driven growth stays strong despite 2.5% staff cut and short-term costs.

Workday remains a strong investment opportunity as its integration of AI boosts growth rather than hinders it. The recent 2.5% reduction in headcount is a strategic move to realign resources, not a sign of declining growth, with ongoing hiring in key...

Market News
Bullish
4 hours ago
Avalanche's Helicon upgrade boosts block verification speed up to 100x and improves staking rules.

Avalanche's Helicon upgrade boosts block verification speed up to 100x and improves staking rules.

Avalanche launched the Helicon upgrade on its mainnet, significantly speeding up block verification by up to 100 times through a new execution model that separates consensus from transaction processing. The upgrade also introduces dynamic gas pricing...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App