Topic
Research and forecasts—price targets, macro calls, ratings—produced by investment banks and brokerages for clients and investors.
Bernstein has raised its ten-year prediction-market forecast tenfold, to $10 trillion of annual volume by 2035. Nearly half of that total comes from assuming the contracts capture 0.5% of a $900 trillion financial-asset pool.
Reality
Mark Cabana's team has clients short SOFR and Fed Funds futures on a view that the federal funds target climbs toward 5.5%. Current swap pricing stops 75 basis points short of that.
Reality
Hugel will recognise US end-customer prices from the second half of 2027, according to DB Securities. Getting there costs an inventory buyback this quarter and an intangible asset to amortise after that.
Reality
Shinhan Securities now expects Mirae Asset Securities to earn 16.1 billion won in the third quarter against a 181.5 billion won consensus, and it has taken the stock's price target down 26%, to 37,000 won.
Reality
A Nasdaq buyer of SK hynix paid an implied 2,558,200 won for a share Seoul priced at 1,697,000. Of that position, 861,200 won, a third of the money, depends on the gap staying open.
Reality
Koichi Sugisaki's team wants clients long dollar-yen from about 154 toward 163 with a stop at 150. That pays 2.25 for every 1 risked on a view that the yen's rally was mechanical positioning that has now flushed out.
Reality
Apple unveils the foldable iPhone on Wednesday under a US$570 billion summer rally and a chief executive who started on Sept. 1. Morgan Stanley's own numbers leave most of the quarter's iPhone revenue with the ordinary models.
Reality
KeyBanc's optical thesis for Marvell and Marvell's own revenue guidance both land near $30 billion, four years apart and measuring different things. The purchase price for the technology is already committed.
Reality
Intel closed at $104.47, roughly 92 times the $1.14 it is expected to earn this year. Of the three legs holding that price up, only the data centre line is already in the accounts. October's CPU increase is still a supply chain report.
Reality
The bank's own estimate is 25%. The more useful detail is that the market's hike probability travelled from 12% to 45% on oil headlines, not on inflation prints.
Reality