0713 ET - Warby Parker's smartglasses partnership with Google is a "dream scenario," Loop Capital's Anthony Chukumba says in a research note. Google committed up to $75 million towards Warby's product development and commercialization costs, and is also making a $75 million equity investment in the company. "We expect smartglasses growth to be exponential over the next few years, particularly given the product is squarely at the intersection of wearable technology and AI," the analyst says. Warby Parker ticks down 2% in premarket, after jumping nearly 16% Tuesday.(denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
May 21, 2025 07:13 ET (11:13 GMT)
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