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Why is Eureka Forbes Limited (543482) falling ✌️【Trading Tools】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The Samsung-built headset will be powered by a new Android operating system, pushing into amarket that has beenlargely dominatedby Meta.

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“They’re doing a direct assault on Apple,” Mortonson said, noting that the partnership leverages Google’s extensive AI capabilities and Samsung’s reliable consumer tech hardware.

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Why is Eureka Forbes Limited (543482) falling ✌️【Trading Tools】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. Scott Kessler, the global sector lead for technology at Third Bridge, told 【 - Free Stock Trading Community 】 that Meta is perceived as a market leader and is in a strong position with its Quest 3 and collaborations with Rayban. Yet, given that headsets are still a relatively niche product, the market allows for experimentation.

Dan Ives, managing director and senior equity analyst at Wedbush Securities, said in an email that Google will try to undercut Meta to focus on the mass consumer market.

“This is a shot across the bow by Google to steal market share from Apple and Meta and signal they are not going to watch this market from the outside,” Ives said.

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Google has also poured enormous amounts of money and time into developing its generative AI capabilities since it acquired Deep Mind, an AI lab, in 2014. Google rolled outGemini, its core AI offering, in 2023. The new Android system will integrate Gemini, bringing features like an AI voice assistant and access to all Android apps to the headset.

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“XR has quickly shifted from a distant promise to a tangible reality,” Choi said in a statement. “We believe it has the potential to unlock new and meaningful ways to interact with the world by truly resonating with your everyday lives, transcending physical boundaries.”

It was expected that Google would eventually challenge Apple and Meta in the wearable tech field, given the potential for growth in AI products, Kessler said.

“We’ve been reminded over the last year that as much as these products in some ways are pretty amazing in terms of their capabilities, there really isn’t anything that stands out, at least at this point, that makes these products required purchases,” he said.

Kessler also pointed to the release of Google Glass in 2013 as a moment when there was considerable excitement over a wearable tech product that eventually tapered out.

Baird’s Mortonson said that the real intrigue is the Android XR operating system and Google’s push into monetizing its AI products — something that will continue to heat up as Big Tech companies compete for market share.

“I think these companies are all trying to position themselves so that they can capitalize on opportunities when they arise,” Kessler added.

Why is Eureka Forbes Limited (543482) falling ✌️【Trading Tools】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Trading Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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