➀ Podcasts, first mentioned in 2004, have gained global popularity due to the rise of digital audio platforms like Spotify or Apple Music.
➁ The consumption of podcasts varies significantly across countries, with Brazil having the highest percentage at 50% of surveyed listeners, followed by Spain and Sweden.
➂ In contrast, countries like South Korea and the U.S. have lower podcast consumption rates.
Recent #Consumer news in the semiconductor industry
➀ According to Eurostat data, 22% of employed people in the EU worked from home in 2023; ➁ The Netherlands had the highest share of people who worked from home at least occasionally in 2023 at 51.9%; ➂ The share of employees working from home has increased by eight percentage points since 2019.
➀ In 2022, 1,552 autonomous vehicles (AVs) driving 5.7 million miles were reported for testing in California, with a collision rate of 96.7 per 1,000 vehicles and 26.3 per million vehicle miles. ➁ Most collisions were minor and often caused by other traffic participants. ➂ The actual collision figures may be higher due to underreporting.
1. Alibaba reported mixed second quarter results with a slight revenue increase but a decline in operating income and diluted earnings per share. 2. The company's e-commerce segment, Taobao and Tmall Group, remains its core business but faces challenges in a struggling Chinese retail market. 3. Alibaba's cloud and international expansion segments show potential for growth, and the stock is considered deeply undervalued.
1. JD.com reported strong Q2 earnings, significantly beating analyst estimates on profitability, leading to a >15% surge in share price. 2. The company repurchased approximately $3.3 billion in shares in H1 2024, representing around 7% of outstanding shares. 3. Management aims for a high-single digit profit margin, potentially generating $10-11 billion in annual net earnings, presenting a deep value opportunity.
1. Home Depot and Lowe's stocks reacted positively after earnings, but Home Depot's warning about a challenging period for home improvement raises concerns. 2. Lowe's has historically lagged behind Home Depot in financial performance and operational strategy, making it potentially more vulnerable in a downturn. 3. Lowe's valuation may not withstand a downward trend, potentially leading to stock price corrections.
1. Tesla's Q2 automotive revenue missed estimates and expects lower vehicle volume growth in FY2024; 2. The company's total revenue exceeded expectations, mainly driven by a 100% YoY growth in energy storage revenue; 3. Despite Elon Musk's optimism on autonomous driving, the stock's high valuation and weak fundamentals suggest a 'strong sell' rating.
1. Tesla reported Q2 earnings with higher-than-expected revenues but a significant drop in profits. 2. Profitability is under pressure, with earnings per share declining from the previous year, leading to a negative market reaction. 3. The absence of disruptions at the Berlin Gigafactory in Q2 partially explains the better revenue performance compared to Q1.
1. Amazon's Q2 2024 earnings are expected to exceed market expectations due to strong Q1 performance and raised EPS estimates. 2. Despite Jeff Bezos' share sales, Amazon's fundamentals remain robust with potential for growth in various sectors. 3. The stock may still be undervalued by ~23.7% based on DCF fair value calculations, prompting a reiteration of the 'Buy' rating.
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