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Smart glasses industry nears breakthrough as Xreal plans commercial launch and aims to break even in 2024

Market News
24 May 2026
TechCrunch
View Source
Bullish
Smart glasses industry nears breakthrough as Xreal plans commercial launch and aims to break even in 2024

The smart glasses industry, long struggling with bulky designs and poor software, is showing signs of progress. Xreal, a partner of Google, is preparing to launch its latest model, Aura, which features OLED displays and immersive apps like VR YouTube and Google Maps. Despite the device being tethered to a mini-computer, it offers versatile uses from entertainment to professional work. Xreal aims to break even next year and plans an IPO before 2026, signaling growing confidence in the smart glasses market.

More News (GOOGL)

Alphabet stock jumps 79% since July 2025 on Wiz acquisition and AI-driven cloud growth

Alphabet stock jumps 79% since July 2025 on Wiz acquisition and AI-driven cloud growth

Alphabet Inc.'s stock has surged 79% since July 2025, fueled by its acquisition of Wiz and a strategic shift to multi-cloud security. The company's Google Cloud Platform (GCP) growth is driven by AI-powered security features, adoption of the Gemini A...

Market News
Bullish
15 hours ago
Broadcom's unique AI chip strategy drives strong growth with 18% stock upside forecasted.

Broadcom's unique AI chip strategy drives strong growth with 18% stock upside forecasted.

Broadcom is building its AI business by co-designing custom chips and networking solutions for major hyperscalers under long-term contracts, unlike Nvidia which sells GPUs broadly. This approach has secured multi-year deals with companies like Google...

Analyst Insights
Bullish
19 hours ago
Google launches Fitbit Edge, a $179 wearable with OLED display and advanced health tracking features.

Google launches Fitbit Edge, a $179 wearable with OLED display and advanced health tracking features.

Google introduced the Fitbit Edge, a new wearable priced at $179.99, positioned between the Fitbit Air and Pixel Watch. It features a slim band with an OLED display for maps, notifications, weather, and music controls. The device supports Google Heal...

Others
Bullish
22 hours ago
Fidelity Blue Chip Growth ETF upgraded to BUY on AI momentum and strong earnings outlook.

Fidelity Blue Chip Growth ETF upgraded to BUY on AI momentum and strong earnings outlook.

The Fidelity Blue Chip Growth ETF (FBCG) has been upgraded to a BUY rating due to renewed momentum in AI-related blue chip stocks and attractive valuations compared to the Russell 1000 Growth index. The ETF's portfolio is heavily concentrated, with 5...

Analyst Insights
Bullish
1 day ago
Ray Dalio warns stocks face tight margin for error amid rising bond yields and costly AI investments.

Ray Dalio warns stocks face tight margin for error amid rising bond yields and costly AI investments.

Ray Dalio cautions that stocks have limited room for error as rising bond yields narrow the advantage of equities over bonds. He highlights that AI companies are burning cash rapidly, creating liquidity challenges despite strong earnings, with some f...

Market News
Bearish
1 day ago
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