Meta Platforms (META) Plotting Futuristic Smart Glasses for $800

Meta Platforms, Inc. (NASDAQ:META) is one of the best stocks to buy according to billionaire Ken Fisher. On August 19, it emerged that the social networking giant plans to launch its futuristic smart glasses in September.

Expected to be a game changer in the wearable market, the smart glasses will reportedly provide weather updates and offer real-time translations. They will reportedly feature a small, transparent screen that appears in front of one eye to display essential information in real-time.

Additionally, they will come with an advanced wrist strap that uses electromyography. The technology will enable the smart glasses to read nerve signals from hand muscles and be controlled by finger gestures, eliminating the need for buttons.

Media reports indicate that the glasses dubbed ‘Celeste’ are part of Meta Platform’s Hypernova project. In April, reports suggested that the company plans to sell glasses for $1,000. Latest reports suggest the glasses could cost around $800.

Meta Platforms, Inc. (NASDAQ:META) is a technology company focused on building products and technologies that connect people, build communities, and advance the metaverse. It owns and operates several popular social media and communication platforms like Facebook, Instagram, WhatsApp, and Messenger.

While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Performing Crypto Stocks So Far in 2025 and 10 Best Low-Risk Index Funds to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.