European Equities Week Ahead: July 13 - July 17

研报英文原文证据摘录

European Equities Week Ahead: July 13 - July 17

Equity Research

10 July 2026 | 9:50AM BST

Differentiated expert calls and webcasts: Sahar Islam

+44(20)7051-4935 |

sahar.islam@gs.com

n China Competition - What does it mean for Europe? Macro to Micro Part 2. A Goldman Sachs International

theme that has underperformed consistently (listen to Part 1 from January here)

which Sharon Bell thinks has more to go (see here). Includes select sector

updates from exposed areas.

n The HALO effect: Heavy Assets, Low Obsolescence including stock ideas Part

2 on Thursday. Another follow up on a popular theme which Guillaume Jaisson

thinks is entering phase 2, where earnings will drive greater dispersion (more

here). Will feature some HALO-relevant stock pitches at the end.

n China AI models: Critical point of intelligence for global proliferation on

Monday. Based on the excellent primer from Ronald Keung which is a must read

as we think about cost competitive models.

n AI Robotics Revolution Deep Dive on Monday. We will outline themes across

the sector and our top picks from China, Korea, and Japan to help you position

ahead of a multi-year capital rotation. Physical AI is a key theme to watch

globally.

n Virtual Group Meeting with 650 Group on Tuesday. Discussion with the market

intelligence firm which focuses on data center and networking equipment

market.

n GCC Capex: Saudi Arabia’s strategic sectors enabled by resilience-led capex

landscape on Thursday. Deep dive on the Capex spend here highlights spend

rotating towards strategic infrastructure (in focus more broadly given recent

Middle East events). See Exhibit 10 for Buy rated names globally exposed to

Saudi capex cycle (includes CL name DSV which has the NEOM logistics JV as well