Ford workers have reached a new labor deal, which could benefit the struggling auto industry. Despite supply issues and decreased consumer spending, US ad spend in the auto sector is up 15% YoY, with a significant increase of 80% YoY in ads featuring electric vehicles. SPOT's 3Q23 EPS and revenue exceeded expectations, with growing subscribers despite price hikes. ST MAUs moved inline with Spotify reported premium subs and MAUs. Lastly, a new ST product highlights how Spotify can identify and capture users from specific audience cohorts, particularly live event goers.