1. ASML has returned to growth after revenue declines; 2. Revenue is expected to be flat in 2024 but grow in 2025; 3. ASML's backlog remains strong at €36B, supporting a revised 2025 revenue outlook of €30-35B.

➀ Q3 2024 smartphone shipments saw a 4% year-over-year increase to 316.1 million units; ➁ Apple and Xiaomi lead the market, with Apple experiencing a 3.5% YoY growth driven by demand for older models and the new iPhone 16 lineup; ➂ Samsung's market share decreased by 2.8% YoY.

➀ The SIA reported that August semiconductor revenues reached $53.1 billion, a 20.6% increase year-over-year; ➁ The growth was driven by a 43.9% year-to-year sales increase into the Americas; ➂ Month-to-month sales increased across all regions for the first time since October 2023.

1. I am upgrading Abercrombie & Fitch from sell to hold due to strong growth momentum and potential to beat and raise guidance. 2. Despite a poor consumer spending environment, ANF achieved solid comparable store growth, with Abercrombie at 26% and Hollister at 17%. 3. Management's positive outlook and August sales data suggest ANF will significantly exceed 3Q24 guidance.

➀ Electronics production in developed countries is showing slow growth or decline in 2024; ➁ Taiwan and South Korea have seen strong growth, driven by AI servers and smartphones; ➂ Vietnam and India are experiencing significant production growth, with Vietnam benefiting from Samsung's investment and India from multinational manufacturing; ➃ China remains dominant but growth has slowed as companies shift manufacturing overseas.

1. I reiterate my buy rating for Alibaba due to its bullish momentum and completion of the 3-year regulatory rectification process. 2. Alibaba International Digital Commerce Group is a long-term growth catalyst, leveraging AI and expanding global e-commerce, driving significant revenue growth. 3. Technical analysis confirms a strong bullish trend with price targets around $119, supported by increasing trading volume and MACD indicators.

1. DoorDash announced a new partnership with H Mart, a major US-based Asian supermarket chain; 2. The author maintains a buy recommendation on DoorDash, believing the partnership will drive growth through partnerships and international expansion; 3. The partnership reflects DoorDash's efforts to enter the grocery business, though it faces competition from Uber and Instacart.

➀ Amkor Technology has made significant progress in its operations at its new facility in Bac Ninh, Vietnam; ➁ The company commenced operations in August 2023; ➂ Amkor is experiencing strong growth and contributing to the development of Vietnam's semiconductor industry.

1. Robinhood's recent product launches have significantly boosted stock prices and financial performance. 2. The company is well-positioned for continued growth with a planned futures offering and strong management. 3. Despite a higher stock price, Robinhood remains a compelling investment opportunity with potential for short, medium, and long-term gains.

1. Western Midstream Partners continues to set new volume records in key basins. 2. The completion of new capacity projects and new deals with upstream producers support further growth. 3. Distributions are among the best in the industry, with strong growth potential and the possibility of special distributions each year.

1. AMD's stock has experienced a significant pullback, making it oversold and potentially primed for a positive momentum change. 2. The company's recent earnings beat estimates, with strong revenue growth in data center and client segments. 3. AMD is expected to witness substantial growth ahead, with potential EPS estimates ranging from $10 to $12 by 2026/2027, making it likely an undervalued investment opportunity.

1. United Parcel Service reported disappointing second quarter results with lower revenue and earnings per share. 2. The company offers a high dividend yield of 5%, the highest in its history. 3. Despite recent challenges, UPS is expected to grow steadily in core markets and healthcare logistics, making it a 'Buy' at current levels.

1. NICE Ltd., a leading Call Center as a Service provider, has seen a 40% share price drop due to CEO retirement, but the company is poised for accelerated growth in cloud and AI. 2. The company has a strong market position with a 30% share in the CCaaS space and is well-positioned to benefit from the ongoing cloud transition. 3. NICE's AI product, Enlighten Copilot, has seen significant adoption, positioning the company well against competitors like Amazon and Microsoft.

1. WSTS projects a 16% year-over-year growth in the semiconductor market, reaching $611 billion in 2024. 2. Logic and Memory ICs are expected to drive the growth with double-digit increases. 3. The Americas and Asia Pacific regions are forecasted to see significant growth, while Europe and Japan are expected to show marginal growth and decline respectively.