Broker Research: Sector, Macro and Strategy Notes

Citi·2026-11-02Thematic

AMZN GOOGL META MSFT

Goldman Sachs·2026-11-02Thematic

Global live data center capacity: raised2030US data center capacity: raised2030

Bernstein·2026-11-01Thematic

EQIX ETN HUBB PWRSU.PAVRT

J.P. Morgan·2026-10-30Thematic

7203.TBMW.DEMBG.DESHA0.DETSLA

Citi·2026-10-30Thematic

GOOGL MU NVDA ORCL TER

J.P. Morgan·2026-10-30Thematic

SMid-cap AI·Overweight

Goldman Sachs·2026-10-29Thematic

China robotics supply chain·Overweight

Nomura·2026-10-29Thematic

GOOGL

Nomura·2026-10-29Thematic

002463.SZ300308.SZ600183.SHMSFTZhongji Innolight·Top pickShengyi Technology·Top pickWUS Printed Circuit·Top pickMicrosoft capex: ~USD170bnCY2026

Citi·2026-10-29Thematic

2269.HK3696.HKWuXi Biologics·Top pickInsilico Medicine·Top pick

Nomura·2026-10-28Thematic

J.P. Morgan·2026-10-28Thematic

688836.SH·Top pick108490.KQ·Top pickhumanoid robots·Neutral

Citi·2026-10-28Thematic

KUAISHOU

Bernstein·2026-10-27Thematic

CART.USDASH UBER

Bernstein·2026-10-27Thematic

SKHYNIX SMSN KIOXIA MU SNDK STX WDC

Nomura·2026-10-27Thematic

300308.SZ688498.SH

Morgan Stanley·2026-10-27Thematic

MC.PARACE.MIEuropean luxury goods·Neutral

Morgan Stanley·2026-10-26Thematic

US data-centre net power shortfall: 38GW2026-2028US data-centre power demand: 116GW2026-2028

Morgan Stanley·2026-10-26Thematic

CRM CRWD MSFT NOW SNOWsoftware with workflow moats·Overweight

Morgan Stanley·2026-10-26Thematic

EDP.LS·OverweightRWE.DE·OverweightBE.US·Overweight015760.KS·UnderweightENG.MC·UnderweightSRG.MI·Underweight

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

Artificial Intelligence ROI on AI: Rev Growth Accelerates as Returns & Backlog Growth Moderate

Global Technology_ Global Data Center Capacity update_ Increasing capacity estimates

U.S. Electrical Equipment: AI Data Centers: Valuing the Vote-Your Playbook For Navigating the 2026 Midterms

Global Humanoid : Physical AI update on the automotive sector

Artificial Intelligence: Citi’s Inference Ahead -Google Raises the Intelligence Ceiling

161 AI plays you haven’t heard about!: The

CHINA AI ROBOTICS: Expert call on Frontier Foundation Models in Physical AI & Embodied Robotics

Global AI Trend Tracker: Alphabet’s 3Q26 results read-through

Global AI Trend Tracker: Microsoft’s September quarter results read-through

China Healthcare AIDD’s Ongoing & Next-Wet-labs, CXOs, AI drug developers

China Internet & New Media: Takeaways from Together AI expert call

Asia Humanoid & Physical AI: Group meeting takeaways: Humanoid sector progress and watchpoints in China and Korea

China AI Video Model: Read-through From Genie 4 on Future Development of China AI Video Model

US Emerging Internet: DoorDash and Instacart,Could a deal face antitrust scrutiny? Four ways to define a market..

U.S. IT Hardware Global Memory & Storage: HBF Deep Dive - Could HBF be the solution to the Memory bottleneck?

Global AI Trend Tracker: Optical communication chip market trend

Luxury Goods: Losing Share of the Luxury Wallet?

Global Thematics & US Semiconductors Hot Summer, Short Fall Increased Power Shortfall, Increased BTM Clarity, and Addressing Rubin Rack kW Misconceptions

Software Token Thoughts – How Will Rising Open-Weight Model Adoption Impact Software

Powering AI: Agents, Aircons, Allshoring: All Not Priced In