**Founders AM: BOA on AI's Rise and EV's Fall

Must read... or at least bookmark and digested in bits!

Housekeeping: Good Morning. Find attached a hefty BOA report, Slide deck, Companies covered, and a 7 minute voice summary to help you decide where to start.

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BOA’s From AI to EVs - 10 Themes for 2024 Fundamentally Speaking

Industries and Companies Covered

1) NO MORE STUFF: Fading pricing power in things

2) M&A: pick-up likely in certain areas

3) FISCAL SPENDING: Certain areas of stimulus appear safe…regardless of the election outcome.

4) AI: a key theme in tech and elsewhere**

5) MIC: Prioritization of spending on defense, national security**

6) EV: penetration estimates fall, potential further downside**

7) CRE: Rate cuts should impact asset flows, real estate

8) GLP-1 penetration to keep expanding

9) CHINA: An increased focus from China on exports

10) GEOPOL: Freight costs no longer falling, Red Sea a factor

Audio Summary:

7 minutes walking through each topic, what their focus is, with insights where appropriate.

Companies Discussed:

Full Report and Slide Deck attached. Enjoy