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Meta said to update Ray-Ban smart glasses in 2025 with displays

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Top stories today:

  1. Meta said to update Ray-Ban smart glasses in 2025 with displays
  2. U.S. probes legacy Chinese semiconductors, may restrict imports
  3. New-home sales +5.9% to 664K in Nov. after storm-stricken month
  4. TSMC stock hits record high, eyes best year in 25 years on AI
  5. Global PE investors in China fail to find exit deals in 2024
  6. 4 top U.S. banks capture biggest share of banking profits since 2015

0. Data and calendar

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All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of the few hallucinations):

1. Meta said to update Ray-Ban smart glasses in 2025 with displays

  • H2 2025: the updated Ray-Ban Meta glasses are rumored to debut.

  • Notifications and responses from Meta’s AI assistant could appear on the small display.

  • Simple text and images would be shown.

  • Orion AR glasses’ development is also reportedly accelerated following early feedback.

2. U.S. probes legacy Chinese semiconductors, may restrict imports

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4. ​​New-home sales +5.9% to 664K in Nov. after storm-stricken month

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