US Research Published: Week ending on June 19, 2026

Research evidence excerpt

US Research Published: Week ending on June 19, 2026

Exhibit 2: US Research Published

Week ending on June 19, 2026

Currency Strategy

Macro Risk Digest: Halftime adjustments Shin, John

Cyber Security

SailPoint: Identity Platform Expansion and AI Opportunity Liani, Tal

Defense Electronics

Defense Update: Update on the FY27 Defense Budget Process Epstein, Ronald J.

Leidos Holdings: Don’t bite off more than you can chew - Downgrade to Neutral, cut PO to

$125 Perez Mora, Mariana

Economics

Canada Viewpoint: BoC watching 101: Economics & Rates Capistran, Carlos

US Viewpoint: Fed watching 101: Economics and Rates Juneau, Stephen

Electric Utilities

Avista: AVA: Data center pause clouds upside, not our base case Fowler, Ross

Electronics Manufacturing Services

Jabil Inc.: Multiple AI related opportunities drive revenue growth; PO to $470 Bhattacharya, Ruplu

Emerging Markets Debt Strategy

What’s priced in: BCB likely to cut this week, BCCH on hold Diaz, Pedro

Emerging Markets Economics

Chile Watch: BCCh moving to neutral stance. Policy report. Rondeau, Sebastian

Entertainment

Fox Corporation: Where the stream flows; Fox announces acquisition of Roku Reif Ehrlich, Jessica

Walt Disney Co.: A Knick of improvement in F3Q attendance Reif Ehrlich, Jessica

Financial Services-Consumer/Commercial

American Express Company: AXP to acquire TheFork for $700M Bhatia, Mihir

American Express Company: Loan growth accelerating y/y in May Bhatia, Mihir

Capital One Financial: Despite macro noise, COF growth/credit trends are stable Bhatia, Mihir

Consumer Finance: Consumer Finance Tidbits: Issue 26-15 Bhatia, Mihir

Runway Growth: Downgrade to Underperform; credit & concentration risk weigh on

valuation Hewett, Derek

Food

Food and Beverages: May 2026 Commodity Inflation Trendspotter Galbo, Peter