EssilorLuxottica has a fairly defensive business model and big tailwinds. An expected annual return of about 12%, per a quoted total-shareholder-return calculation, is very good for it. x.com 

Meta's strong core growth and low valuation make the reaction to possible Muse dilution look excessive. Revenue grew 26%; North America grew nearly 33% where Muse, Meta One and advanced ads rolled out, a playbook Meta will extend as compute grows. Shares trade at a low-to-mid-teens multiple of ex-Muse/FRL earnings, or ~19x EPS fully capitalizing those investments. A hypothetical $100B raise with zero return might cost 6% of equity value in the most punitive case; Muse's ROI is still a bet. x.com  … Show more

Meta's valuation is compelling again because its operating-cash-flow multiple has fallen while revenue growth accelerated over the past year. It trades at 12x operating cash flow, close to 10x 2027 operating cash flow. Its unique position should make it one of the AI era's biggest winners, with Muse becoming its best asset in the long run. The equity raise's timing was unwelcome, but that is now behind it. x.com 

Muse monetization appears on pace to scale faster than previous product cycles, improving Meta's long-term outlook. Mizuho raised its price target to $950 from $750, while noting shares may struggle to work meaningfully into a potential early-2027 equity raise and face some cost overhang. x.com 

Meta's Muse could bring in more cash flow than any product it has launched before, making shares in the $600s a sweet bet. Muse should create immense margin expansion, synergies, new revenue streams and services. Scaling capex is shrinking net income even as revenue keeps growing. x.com 

Meta is an easy hold to $1,200. It was already cheap and headed toward positive free cash flow in 2028–2029 before Muse, and Muse's traction only raises the ceiling. @HalalTrader warns that short-term fears, such as a rival AI assistant, an equity raise or Muse losing traction, could send it back to the low $700s. x.com  x.com 

Meta is just getting started, with its Muse AI model and VR glasses still in their early days. x.com 

Meta's Muse makes it a stronger business by raising switching costs: an AI agent that knows a user's inbox, calendar and habits is far harder to leave than a feed. Muse, the No. 1 free iPhone app, books, shops and schedules, and Meta can promote it to billions through apps they already use, giving its $130-145B capex a clear consumer purpose. Risks include trust after an $18B settlement, agent running costs and OpenAI; weak engagement or rising cost per user would change the view. x.com  x.com  … Show more

Warby Parker is still a terrible model, since direct-to-consumer brands that move into retail rarely work. The pivot to contacts saved it, and the Google glasses hype is fading. x.com 

Snap has been treated like an ATM by CEO Evan Spiegel, with no operating income a decade after going public. Its Specs glasses are unlikely to sell at meaningful scale for $2,200 each, and Snap badly needs executives capable of saying no to clearly horrible ideas. x.com  x.com  x.com