... new trends (cloud, AI), whereas industrial giants are struggling against cyclical demand declines. The consumer segment shows mixed results: mass demand is slightly declining under inflationary pressure, but the premium segment remains strong due to accumulated consumer wealth. Investors are closely analyzing these signals: the resilience of profits among some companies is encouraging, however, the existence of weak links (e.g., chips or automotive) serves as a reminder of risks. As autumn approaches, markets will increasingly ...