Broker Research: Sector, Macro and Strategy Notes

Bernstein·2026-09-15Sector

ADVANTEST TOKYOELASML.AS

Bernstein·2026-09-15Sector

STO.AXWDS.AXINPEX.TJKM LNG price: Bernstein forecast2026JKM LNG price: Bernstein forecast2027

Bernstein·2026-09-15Sector

6501.T6503.T7011.T6701.T6752.T6981.T7012.THitachi·Top pickJapan IT Hardware & Electronics·Overweight

Bernstein·2026-09-15Thematic

Bernstein·2026-09-14Sector

SPCXCHTR.USCMCSA TMUS T VZ

Bernstein·2026-09-14Sector

COIN CRCL BLSH FIGR HOOD MSTR SBET

Bernstein·2026-09-14Sector

NSC.USUNPDAL.USFDX.USODFL.US

Bernstein·2026-09-14Sector

NOW ADBEHUBS.USSAP.DETWLO

Bernstein·2026-09-14Sector

FCXAAL.LANTO.LBHP.AXBOL.STB.USGLEN.LNEM

Bernstein·2026-09-14Sector

DLR.USEQIX CRWVCSQR.US

Bernstein·2026-09-14Thematic

ETNSU.PAVRTABBN.SWBE GEV HUBBLR.PANVTSIE.DESchneider Electric·OverweightVertiv·OverweightEaton·Overweight

Bernstein·2026-09-14Sector

0857.HK0883.HKSTO.AX0386.HK1605.TPTTEP.BKWDS.AXBrent crude: Bernstein assumption2026Brent crude: Bernstein assumption2027

Bernstein·2026-09-14Sector

RCL.USVIK.USCCLNCLH.US

Bernstein·2026-09-14Sector

0168.HK0291.HK1876.HK600132.SH

Bernstein·2026-09-14Sector

CCJBN.US

Bernstein·2026-09-14Sector

AVGO NVDA ADI AMAT AMD KLAC LRCXNVIDIA·OverweightBroadcom·OverweightSemiconductor Capital Equipment·Overweight

Bernstein·2026-09-14Sector

EDP.LSIBE.MCELE.MCELI.BRENEL.MISSE.LTRN.MIVER.VIVIE.PA

Bernstein·2026-09-14Sector

MBG.DEVOW3.DEVOLV-B.ST

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

Global Semiconductors: Global Semi: South Korea Equipment Import Tracker (Aug 26): Import +87% YoY

Americas Energy & Transition: Global LNG: Winter gas super-spike should only end with the conflict

Japan IT Hardware & Electronics: Japan's Physical AI Comeback-Initiating with a positive view

Asia Quantitative Strategy: Gen AI in Asset Management: Chat with Perplexity - Key Takeaways & Replay

Aerospace & Defence, US Telecom & Communications Infrastructure SpaceX: Potential for MVNO D2D growth? Continuing our assessment of SpaceX Connectivity business and telco impact

Global Digital Assets Crypto markets: Are we getting CLARITY?

Global Energy Storage

Bernstein's Transport & Airline Hot Shots: Crude through $100; Diesel above $6; UP-NS conditions compete, with timing still the risk

U.S. SMID-Cap and Global Software Software: AI Agents need Line of Business software? How competitive moats evolve in an AI-world

Global Metals & Mining: Copper inventories and the final chapter of tariff risk?

US Communications Infrastructure Quick Take: Data centers and neoclouds-winners and losers if frontier models do slow development

Global Capital Goods Powering AI: The modular advantage-how value shifts and who captures it

Asia-Pacific Oil & Gas: Bernstein APAC Oil: Oil price outlook and upside from here

Global Hotels & Leisure Cruise: EU Ocean & River softness (September price tracker)

APAC Food & Beverages: China Beer August update: Further industry slowdown-CRBeer remains above water while Bud deteriorates further

Global Software Quick Take: The impact of slowing frontier model innovation is not about spending; it's about safety

Americas Uranium & Nuclear: Twenty questions or so we'd like to ask Westinghouse

U.S. Semiconductors and Semicap Equipment-Can you put the AI genie back in the bottle?

European Utilities & Clean Energy European Utilities: Key takeaways from Bernstein SDC 2026

European Automobiles & Components EU Autos, Tyres & Trucks: Key Takeaways from the SDC