Nomura says that wiring harness (WH) content in vehicles experienced a significant increase, from approximately 2.5% previously to about 4.5% at present. This rise has driven an impressive 10% revenue compound annual growth rate (CAGR) over the past decade, despite only a 2% CAGR in OE car sales volume
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest