FirstLook

Research evidence excerpt

FirstLook

Healthcare Technology & Distribution GlobalFoundries Inc (GFS)

March Strata Data Shows Slowdown of Inpatient and Step GFS Investor Day: GM Expansion Story Page 21

Up in Outpatient Utilization Trends Page 15 Mark Lipacis Outperform

Elizabeth Anderson

Estimate Changes

Electrical Equipment & Multi-Industry

Wendy's Company (WEN)Torque-in' Multi-Industrials Page 15

Reasons to believe and worry; In Line Page 21

Alexander Virgo

David Palmer In Line

Single-Family Rental

Post Holdings (POST)1Q26 SFR Flipbook Page 16

Superior FCF per share growth; Outperform Page 22

Steve Sakwa

David Palmer Outperform

Residential

Flowco Holdings Inc. (FLOC)Asking Rent Trends - An Update On Spring Leasing Trends

Page 16 Rental Engine Compounds Page 22

Steve Sakwa Stephen Richardson Outperform

REITs Global Energy

Going Out With A Bang On Q1 Earnings Page 17 Something Has to Give Page 23

Steve Sakwa Stephen Richardson

Semiconductors and Semiconductor Equipment Granite Ridge Res. (GRNT)

Semis-on-Fire 8-May-2026: CPU Renaissance Thesis Full Plate Page 23

Update: ARM, INTC, AMD Page 17 Chris Baker In Line

Mark Lipacis

Macro Research

IT Hardware & Networking

China ResearchSLIDES - Daryanani's Data Download - Wknd Edition.

Page 18 China ‘Sat Nite’ – Housing, Xi-Trump, Iran not on the Menu

Amit Daryanani Page 24

Neo Wang

Airlines

Eco Data OutlookPfirst Class Travel Tracker Page 18

Between the Numbers Page 25Duane Pfennigwerth

Stan Shipley

Company Updates

Weekly Economic Report

Align Technology, Inc (ALGN)

Labor Stabilizing, But Unit Labor Costs Cooling Page 25

April Web Traffic Trends Point to Above-Consensus 2Q

Krishna GuhaCase Volumes Page 19

Elizabeth Anderson Outperform

Equity Strategy

CDW Corporation (CDW) Prince and the Revolution: The Take From “The Best 30