Broker Research: Sector, Macro and Strategy Notes

Bernstein·2026-08-10Sector

300124.SZ6273.TSOFTBANKABBN.SWChina factory automation·Overweight

Bernstein·2026-08-10Sector

Cybersecurity·Overweight

Bernstein·2026-08-07Sector

China upstream oil·OverweightChina refining·Underweight

Bernstein·2026-08-07Strategy

Momentum·Neutral

Bernstein·2026-08-07Sector

Memory·Overweight

Bernstein·2026-08-07Sector

HDD and NAND storage·Overweight

Bernstein·2026-08-07Sector

Memory·Overweight

Bernstein·2026-08-07Sector

India power·Overweight

Bernstein·2026-08-07Sector

Refined products·Overweight

Bernstein·2026-08-06Sector

Data centre infrastructure·Overweight

Bernstein·2026-08-06Sector

US solar manufacturing·Overweight

Bernstein·2026-08-06Sector

European retail REITs·Overweight

Bernstein·2026-08-05Sector

SPCX

Bernstein·2026-08-05Sector

China autos·Overweight

Bernstein·2026-08-05Sector

Bernstein·2026-08-04Sector

MINIMAX ZHIPU

Bernstein·2026-08-04Sector

Research: Broker notes on sectors, macro, rates and strategy

Asian Industrial Technology Global Automation: An evolving landscape -FA demand and market share trends in China (1H2026)

U.S. SMID-Cap Software Cybersecurity: Off-cycle readthrough from earnings thus far

Asia-Pacific Oil & Gas: Bernstein APAC Oil: 2Q26 Preview-Diverging performance across China's oil majors

Asia Quant Strategy: The 3rd biggest momentum unwind since 1999-Where from here?

Global Memory MEMORY TRACKER (Jul): -20% QoQ price increase in 3QCY26

U.S. IT Hardware Memory & Storage: What we learned from our NDR with STX Management and recent NAND & HDD earnings

Global Semiconductors and Semiconductor Capital Equipment Global Semis: June 2026 WSTS Tracker - Sales +10.5% MoM, above typical (+6.5% MoM) & 135% YoY on continued memory strength

Bernstein Energy & Power: Powering Data-Centers beyond American shores...

Americas Energy & Transition Americas Oil: The drone attacks on Russian refineries are stunning (says our real-time satellite AI refinery tracker)

US Industrials & Tech: The Data Center Project Pipeline- Capacity, Construction & Cancellations (Jul '26)

Americas Power & Energy Transition: Section 232 Tariffs - win for US Solar, proof will be in the exemptions.

Property Real Estate: Real Estate: The 1H26 Office & Retail Playbook: Retail Still Has the Bag

European Transport Electric Revolution: Resilience. How are automotive supply chains changing?

US Communications Infrastructure: Everybody relax- towers aren't going anywhere, even if Elon gets creative

India Emerging Consumer India Food Delivery: Evolution, Revolution, or Devolution?

Asian Autos Electric Revolution: Resilience - Where China Leads, Where It Still Depends; Mapping China's Supply Chain Self-Sufficiency

Global Software, U.S. SMID-Cap Software: Bernstein Software,How crowded is software as we enter H2'26?

China AI: Intelligence is all you need? Initiating coverage on Z.ai and Minimax

Global Semiconductors & Hardware: China Smartphone Tracker (June): Lower yet still some inventory risk

Asia Emerging Robotics: Electric Revolution: Resilience – A Critical Chokepoint for Humanoid Robots and EVs