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.
Waymo, the self-driving car company owned by Alphabet, announced it will expand its robotaxi service to four new cities: Denver, San Diego, Las Vegas, and Tampa. Initially, the service will be available only to Alphabet employees before opening to th...
The Invesco AI and Next Gen Software ETF (IGPT) is rated a BUY due to its focus on semiconductor, memory, and infrastructure companies benefiting from AI-related capital spending. Despite its broad name, IGPT mainly invests in AI infrastructure leade...
Jim Cramer expressed concern that the recent surge in stock and bond offerings, including major deals from companies like Alphabet, SpaceX, and Amazon, might overwhelm investor demand and threaten the ongoing bull market. He highlighted discounted of...
President Donald Trump declared the cease-fire between the US and Iran to be over, reigniting fears in the market about tensions in the Hormuz region. This announcement caused investors to rotate out of artificial intelligence (AI) stocks temporarily...
Samsung's earnings report caused a sharp decline in chip stocks, particularly those tied to AI hardware, as investors questioned demand for memory chips. This led to a sell-off in companies like Micron. However, investors rotated their focus back to ...
