EssilorLuxottica

Meta Reality Labs loses $4.62B in Q2

Meta’s Reality Labs unit reported a $4.62 billion operating loss in Q2 2026, with revenue of $431 million, up from $370 million a year earlier. The quarterly loss was narrower than StreetAccount analyst expectations of a $5.07 billion loss on $423.4 million in revenue. Reality Labs, which develops Quest VR headsets and Ray‑Ban Meta glasses, has generated more than $80 billion in cumulative operating losses since late 2020. Meta continues to shift Reality Labs’ focus toward wearable devices like Ray‑Ban Meta glasses developed with eyewear company EssilorLuxottica as consumer VR adoption has lagged behind earlier expectations.

Kalshi: Meta Likely to Highlight Smart Glasses, Cloud on Call

Meta is scheduled to report quarterly earnings on July 28, 2026. Traders on prediction-market platform Kalshi placed high odds that the company will mention its cloud strategy and Ray‑Ban Meta smart glasses during the conference call, while assigning lower odds to mentions of its Hyperion data center, chips, age‑verification policy, or the prediction‑market company Kalshi. Bloomberg and other outlets have reported Meta is developing a cloud infrastructure business; NPR reported Meta had at one point been in talks to acquire Kalshi. CNBC disclosed it has a commercial relationship with Kalshi.

Lorde Calls Meta AI Glasses 'Not Sexy'

At Madrid’s Mad Cool Festival, pop star Lorde publicly criticized AI-equipped smart glasses, telling the audience “Don’t get the glasses. Not sexy.” The article ties her remarks to broader privacy concerns: Meta’s Ray-Ban collaboration and its smart glasses have prompted investigations and lawsuits alleging privacy violations and misuse of footage, while EssilorLuxottica reported strong sales (over 7 million Meta AI glasses in 2025). Critics note smart glasses have been used in harassment and extortion. The piece highlights the tension between consumer perception, celebrity commentary, legal scrutiny, and robust commercial demand for the devices.