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J.P. Morgan: Palantir growth accelerates and margins expand as JPMorgan bets on enterprise AI moving from experimentation to returns

Palantir’s second-quarter revenue rose 93% year over year, with growth accelerating in both its commercial and government businesses. JPMorgan initiated coverage with an Overweight rating, saying the platform’s integration into customers’ operations could support growth and cash flow, though cloud hosting costs, customer lock-in concerns and competition from model providers will also influence its growth trajectory.

Citi: Sandisk quarterly results beat expectations: AI customers lock in supply as price increases coexist with capacity constraints

Revenue and earnings per share for the quarter ended in September exceeded both company guidance and market expectations. Management said long-term agreements cover about half of the bits to be shipped in fiscal 2027, but weak PC and low-end smartphone demand, DRAM costs and industry price competition remain constraints.

Morgan Stanley: MediaTek lands second AI chip customer: Can TPU growth offset weakness in traditional businesses?

Morgan Stanley expects TPU v8 to contribute 2.5 billion US dollars in revenue in the fourth quarter of 2026, while a second customer opens up new room for growth in 2028; excluding AI chips, however, traditional businesses are expected to decline quarter on quarter.

J.P. Morgan: The economy is still growing, but oil demand keeps falling: How JPMorgan sees the prospects for a rebound

Oil consumption weakened broadly across major economies in 2026, even as economic activity did not contract in tandem. JPMorgan is inclined to expect demand to rebound as the energy shock fades, while cautioning that changes in the composition of growth and energy use could lower the long-term demand trajectory.

Morgan Stanley: AI chip demand drives up wafer and packaging use, while supply expansion also brings cost pressure

Morgan Stanley expects the AI chip market to reach 809 billion US dollars in 2027, with demand for CoWoS packaging nearly doubling; however, slower growth in cloud capital expenditure, rising chip costs and supply bottlenecks will affect the realization of that growth.

J.P. Morgan: Cloud giants plan to nearly double fourth-quarter capital spending as AI infrastructure investment extends into 2027

Based on guidance from Alphabet, Microsoft and Meta, JPMorgan estimates that the three companies’ combined capital spending in the fourth quarter of 2026 will be approximately 174 billion dollars, up approximately 87 billion dollars year over year. Delays in third-party capacity delivery have affected Microsoft’s spending in the quarter, but all three companies have signaled continued investment.

J.P. Morgan: Yingliu’s third-quarter revenue growth accelerates and profit hits a record, while capacity expansion continues to weigh on gross margin

A ramp-up in the gas turbine business drove Yingliu’s third-quarter revenue up 51% year over year, but gross margin fell during capacity expansion and operating cash flow was also weaker than a year earlier. JPMorgan believes tight industry supply and demand and supplier diversification will support future growth.

J.P. Morgan: GE Vernova orders surge and high-voltage transmission push supports JPMorgan’s positive view on Asian power equipment

Gas power equipment drove third-quarter orders and profit above expectations, and transmission equipment margins rose, but quarterly electrification orders declined against a high comparison base. JPMorgan believes the Trench acquisition also points to long-term support for high-voltage grid demand.

J.P. Morgan: Weichai Power’s third-quarter recurring profit rises 14% as data-center engine shipments accelerate

As heavy-duty truck and LNG truck sales weakened, Weichai Power’s high-margin power and energy businesses lifted its gross margin, and recurring profit exceeded JPMorgan’s expectations; foreign exchange losses and advance payments to suppliers weighed on net profit and operating cash flow.

J.P. Morgan: China Vanke’s third-quarter loss narrows slightly, but cash flow and short-term debt coverage weaken again

In the third quarter of 2026, China Vanke’s core net loss narrowed by 800 million yuan from the previous quarter, but operating and free cash flow turned negative again, and its cash-to-short-term-debt coverage ratio fell further. JPMorgan considers a comprehensive debt restructuring the more likely next step.

J.P. Morgan: Sanhua Intelligent Controls: Liquid cooling and overseas operations support refrigeration growth, while automotive margins remain under pressure

Management expects data-center cooling revenue to grow approximately 50% year over year in 2026; refrigeration margins have improved, but the automotive business continues to face pricing, currency and new-factory ramp-up pressures.

J.P. Morgan: Japanese stocks rebound as fresh buying is awaited: CTAs stop selling and watch, while AI earnings have yet to lift the whole sector

JPMorgan believes the Nikkei’s rebound is being driven for now by the cash market; macro hedge funds are buying dips, while CTAs remain on the sidelines. Further gains in the index require a broad expansion in AI semiconductor valuations or renewed risk-taking by top-down investors.

J.P. Morgan: JPMorgan surveys China’s banking sector: Developers turn more to banks for financing as margins and retail demand remain under pressure

A survey of Shenzhen’s financial and property sectors suggests that the new 828 rules could increase the share of bank loans in developer financing and improve long-term risk management. Weak mortgage demand and diminishing benefits from deposit repricing, however, continue to constrain bank growth and margins.

J.P. Morgan: Chinese automakers’ share in Europe rises to 25% as export profits face two policy hurdles in 2027

Europe’s accelerating electrification is driving a continued rise in Chinese brands’ share of the new-energy vehicle market; JPMorgan also expects lower export tax rebates and European import restrictions to weigh on automakers’ profits and sales in 2027.

J.P. Morgan: Chalco’s third-quarter profit rises year on year, while weaker aluminium prices compress profit quarter on quarter

JPMorgan believes Chalco’s third-quarter results were slightly ahead of expectations: aluminium sales volumes and cash flow remained resilient, but lower aluminium prices reduced gross margin and core profit quarter on quarter.

J.P. Morgan: Shenzhen existing-home price declines narrow: Reduced new-home supply supports stabilization, but inventory pressure remains

An expert interviewed expects Shenzhen existing-home prices to reach an approximate bottom by the end of 2026, but new-home transactions are expected to continue falling, and the time needed to sell new-home inventory exceeds 20 months when completed homes are included.

J.P. Morgan: Huafa liquidity troubles shake confidence in state-owned developers: How does JPMorgan distinguish the risks?

Of the 45 state-owned developers screened by JPMorgan, 22 breached two or three financing red lines. The bank expects the government to strive to prevent defaults on publicly offered bonds issued by state-owned developers, but some local state-owned enterprises may still face extensions of loans or non-standard debt.

J.P. Morgan: Unitree Robotics’ third-quarter revenue rises seventy percent, while expansion and R&D spending weigh on profit

Higher shipments of bipedal and quadrupedal robots drove revenue growth, but rising costs, price competition and R&D expansion reduced quarterly profit. JPMorgan values the data and ecosystem advantages generated by real-world deployment.

Morgan Stanley: Mindray’s third-quarter revenue growth slows: Overseas growth and new businesses offset domestic equipment weakness

Third-quarter revenue rose 2.9% year over year and net profit fell 4.6%, both in line with Morgan Stanley’s expectations. Overseas operations and new businesses continued to grow, but domestic equipment weakness and declines in the two major equipment businesses remained constraints on growth.

Morgan Stanley: Haier Smart Home’s third-quarter revenue falls ten percent: lower expense ratio supports operating profit, while fourth-quarter cost pressure persists

Morgan Stanley says Haier Smart Home’s third-quarter revenue missed its expectations, while net profit attributable to shareholders was broadly in line; weak domestic air-conditioner demand, higher raw material prices and a one-off overseas tax refund all affected profit performance.