Meta Can't Make Ray-Ban Smart Glasses Fast Enough -- Market Talk

1819 ET - Sales of Meta Platform's Ray-Ban smart glasses, called Ray-Ban Meta, have exceeded expectations. The glasses are "a bigger hit sooner than we expected, thanks in part to AI," CEO Mark Zuckerberg says on a call with analysts. An important piece of the company's hardware strategy, the devices allow users to take photos, talk on the phone and listen to music with the frames of their glasses, among other features. "Demand is still outpacing our ability to build them, but I'm hopeful that we'll be able to meet that demand soon," he says. ([e-mail]; @connorhart22)

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07-31-24 1835ET