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On November 17, Qualcomm CEO Cristiano Amon stated on the company's 2021 Investor Day that Meta has sold 10 million Oculus Quest 2 VR helmets.
Amon said: "Our technology is the ticket to the meta-universe." He emphasized that Qualcomm is working hard to build itself as a key participant in the VR and AR platform, especially in the entire technology industry to bet on the meta-universe. The concept of the case.
Qualcomm is a close partner of Meta and has produced the Snapdragon XR2 chipset that drives Quest 2, and the Snapdragon 835 in the original Oculus Quest, which may make it the only company with such data besides Meta.
At the same time, for Meta, this milestone is of great significance. As early as the 2018 Meta company's annual XR developer conference, CEO Mark Zuckerberg once said that he hoped that the number of users could exceed 10 million. He said that 10 million users is the key threshold before the "ecosystem will explode," and the company will create a sustainable ecosystem for VR developers.
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Reasons to consider ESG factors when investing
1.Mitigate risks: ESG issues can affect a company's value and financial performance, as well as influence share prices11 view footnote
2.Enhance potential returns: Companies with strong ESG metrics are more likely to outperform others22 view footnote
3.Provide greater opportunities: Companies that are robust at adapting to changing consumer needs and regulatory requirements are more likely to benefit from competitive advantages in the longer term33 view footnote
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$NIO Inc (NIO.US)$ This year is the year to verify the market's expectations at the end of last year, and at the same time, three measures to depress stock prices have been implemented: one is the transformation of production lines, the other is ATM, and massive investment in infrastructure. ATM completed more than 1.2 billion at the end of September, with a balance of less than 800 million in one month, which should be completed by October till now. So far all factors have been released. There is more than a month left in the year, enough to validate the 85,000 annual sales forecast for the company at the end of last year. Next year, three new platforms and new products will be delivered, and the company will enter a new growth cycle.

$Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Netflix (NFLX.US)$ Get ready for some early action this morning as the consumer price index for October is published at 8:30 a.m. ET. The figure is expected to come in flaming once again, rising 5.8% Y/Y, though some economists even see a 5.9% advance or above, which would be the biggest Y/Y increase since December 1990. While the Fed has maintained that the pickup in inflation will be transitory (how long is that?), the stance has recently shifted with the central now seeing prices staying elevated into next year. Inflation at the wholesale level rose 8.6% Y/Y in October.
Analyst commentary: "There's a risk it could be even higher," Grant Thornton chief economist Diane Swonk declared. "We've got some unusual distortions with used car prices, airfares going up and hotel room rates rising. You could get some surge prices in services, at the same time you had a snapback in used car prices and new car prices also went up because demand went up with the flooding from summer hurricanes."
Economists expect core CPI, which excludes food and energy and is the Fed's preferred gauge of inflation, to have risen 4.3% Y/Y. That would be the fifth consecutive month above the 4% level, and if things were to continue heating up, it could prompt the central bank to speed up tapering or raise interest rates sooner than expected. Yesterday, Treasury Secretary and ex-Fed Chair Janet Yellen said policymakers would not allow a repeat of 1970s-level inflation, and the recent price pressures were a result of supply bottlenecks, labor shortages and heavy consumer spending. Amid a big bull market, U.S. contends with a soaring Misery Index.
How is the CPI calculated? The measure uses a "basket of goods" approach that aims to compare costs of various consumer goods and services. These can include transportation, food, rent, haircuts and medical care (80,000 items are included in the report). Each month, data collectors from the Bureau of Labor Statistics call, visit, or check the websites of thousands of retail stores, professional offices and other establishments to assess nationwide price information. Specialists then examine the data for accuracy and make statistical adjustments based on any given item's value. Fed's Daly looking to summer 2022 for clarity on inflation.

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