Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-09-25Macro

BofA Securities·2026-09-25Strategy

Commodities·OverweightEM assets·Overweight

Bernstein·2026-09-25Sector

CVSHUM.USUNH

Bernstein·2026-09-25Sector

3563.T7453.T7532.T7936.T9983.T

Goldman Sachs·2026-09-24Sector

6752.T2308.TW373220.KS6479.T6762.T6981.TFLEX

Bernstein·2026-09-24Sector

CRWV IREN CIFR CLSK CORZ MARA RIOT WULF

UBS·2026-09-24Sector

2345.TW2360.TW3443.TW3661.TWIC design service·Overweight3481.TW·Avoid

Morgan Stanley·2026-09-24Thematic

AI adopters·OverweightAI enablers (select)·Overweight

Bernstein·2026-09-24Sector

BEDLR.USEQIX ORCL MSFT

UBS·2026-09-24Thematic

CRWD OKTA PLTR MSFT NVDA

Nomura·2026-09-24Macro

Barclays·2026-09-24Sector

COHR CRDO LITE MRVL MTSIU.S. Semiconductors & Semi Cap Equipment·Neutral

Bernstein·2026-09-24Sector

2381.SW2382.SWADNOCDRI.AE

J.P. Morgan·2026-09-24Strategy

Goldman Sachs·2026-09-24Sector

INSM.USJAZZ.USMDGL.USRVMD.USMGTX.USUTHR.US

Goldman Sachs·2026-09-24Thematic

AMZN GOOGL MA META V

Goldman Sachs·2026-09-24Thematic

AMZN GOOGL META MSFT ORCL

UBS·2026-09-24Sector

Barclays·2026-09-24Thematic

Nomura·2026-09-24Macro

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

WEEKLY FUND FLOWS Continued Support for Short Duration

The Flow Show China in a Bull Shop

Weekend Healthcare Pulse: The top six insights from our Healthcare Services Teach-in Webinar Series

Japan Consumer: If the Yen Stops Doing the Heavy Lifting, What Happens to Japan Tax-free consumption?

GLOBAL TECHNOLOGY: HARDWARE Framing the Battery Backup Unit Opportunity: $50bn by 2030 (CAGR +87%); Buy Panasonic HD

Neoclouds A contract sport! CRWV, IREN takeaways from Nscale's S1

APAC Tech: Positioning for the AI and memory upcycle

Mapping AI's Rate of Change From Buildout to Broadening

Global Software, Americas Energy + Transition, US Comms Infra Data Centers: The impact of Oracle's _Force Majeure_ on Oracle, Bloom Energy, and the broader data center industry

AI Research: AI Debates and Emerging Trends

Asia Chart Alert: Market stress stemming from US policy is building again

U.S. Semiconductors & Semiconductor Capital Equipment ECOC Takeaways: Mixed Bag of Technologies as Customer Roadmaps Diverge

MENA Energy MENA Drilling: Can you forget about the headlines? (we can't)

Flows & Liquidity: Rising corporate financing surpluses

AMERICAS HEALTHCARE: Resuming coverage of Biotechnology

AMERICAS TECHNOLOGY: Entering the Agentic AI Era for the Commerce Landscape

Americas Technology: Sizing the AI Economy Needed to Justify ROIC on Hyperscaler AI Capex

Global Gas: Improved pace, still some way to go

Positioning for AI Disruption: The Next Phase of Enterprise Adoption

Asia Chart Alert: Asia’s widening current account divide