Orion Office REIT is experiencing a rough start. The stock price often levels out and turns upward to climb a "wall of worry" at some point in the business cycle. Selling now is not advisable as the stock price is too low and a cyclical turnaround could offer better selling opportunities.
Orion Office REIT's occupancy has dropped from 92% in 2021 to around 80% in Q2-2024. The company's Funds From Operations (FFO) continues to decline. Orion's debt levels are concerning, with net debt to adjusted EBITDA expected to reach 8.0X by the end of 2025.
A new five-year deal enhances OESX's revenue with a major retail partner.
CNBC's senior media and tech correspondent Julia Boorstin tested Meta's Orion AR glasses prototype and was impressed by its lightweight design. Watch the video to hear her full thoughts.
Meta supremo Mark Zuckerberg unveiled Orion smart glasses, a new augmented reality (AR) prototype, at the annual Meta Connect developer conference. Ten years in the making, and still not expected on high streets until 2027, these will be a new way to meld the real and digital worlds.
Meta unveiled its Orion smart glasses at its Connect 24 conference. The Orion prototype is a true augmented reality device that actually looks like regular glasses.
For years, Silicon Valley and Wall Street have questioned Mark Zuckerberg's decision to invest tens of billions of dollars into Reality Labs. This week, Meta's wearables division unveiled a prototype of its Orion smart glasses, a form factor the company believes one day could replace the iPhone.
CNBC senior media and tech correspondent Julia Boorstin was able to experience Meta's Orion AR glasses prototype, and she was impressed by how lightweight they were. Meta CEO Mark Zuckerberg revealed the Orion glasses on Wednesday and pitched them as "a glimpse of a future that I think is going to be pretty exciting.
Meta debuted its first pair of augmented reality glasses, devices that show a combined view of the digital and physical worlds, a key step in CEO Mark Zuckerberg's goal of one day offering a hands-free alternative to the smartphone. Ayako Yoshioka, Wealth Enhancement Group senior portfolio consultant, joins Ed Ludlow on "Bloomberg Technology.
Meta Platforms' Orion augmented-reality smart glasses are far from an "Apple Vision Pro killer," one analyst said.
Meta Platform (META) saw success in its Meta Connect event, where it showcased its A.I. outlook. The "wow" factor for the company appeared to come from its Orion AR Glasses.
Bloomberg's Ed Ludlow tries on Meta's new Orion augmented reality glasses.