FirstLook

Research evidence excerpt

FirstLook

June 08, 2026

First Look

Oracle Corporation (ORCL) Evercore ISI Focus

Steady NT Execution; Conservative on FY27/FY28 Pending

Walmart, Inc (WMT) Ramp & CapEx to Fund New Construction in Focus Page 9

“Lasso”ing the Momentum Page 3 Kirk Materne Outperform

Greg Melich Outperform

Industry Updates

Retail Broadlines & Hardlines Global Beverages

Primer: Summer & Conference Prep Pack Page 3 Analysis of c-store trends yields mixed results; Three factors

Greg Melich that could explain recent trends Page 9

Robert Ottenstein

REITs

NAREIT Takeaways; Upgrading KRC To Outperform Page 4 Global Retailing, Softlines & Luxury Brands

Steve Sakwa The Rundown: Evercore Softlines Weekly Recap Page 10

Michael Binetti

Regional Banks

Every Rose Has Its Thorn ...A Look at NII Guides & Deposit Beverages, Household & Personal Care

Risks Page 4 Week in Review: SUJA initiation; BF results; Beer and

John Pancari industry conference takeaways; HPC 2Q reads; EL U.S.

makeup turning Page 10

Economics Robert Ottenstein

THREE INFLATION WAVES – AND WHY THE THIRD

WAVE FROM AI COSTS IS A REAL PROBLEM Page 5 Global Energy

Krishna Guha Marking Time Before the Next Turn Page 11

Stephen Richardson

Weekly Economic Report

Stronger Labor Demand, Pushing Rates Higher Page 6 Business Services

Krishna Guha Rating the AI Build-Out: The Datacenter Debt Tailwind for

SPGI & MCO Page 11

Equity Strategy David Motemaden

When Companies Sell High, Investors Should Buy Low: Top

Brokers, Banks & Asset Managersof the Market's Mind Page 6

Julian Emanuel The Double "E" – Evercore's Evergreen Tracker Page 12

Glenn Schorr

Weekly Survey Charts

Weekly Company Survey Charts Page 7 Healthcare Technology & Distribution

Oscar Sloterbeck HNGE/OMDA May Usage Data Points to M-HSD Upside to

2Q Numbers Page 12