US Daily Brief: Today‘s Research – July 15, 2026

研报英文原文证据摘录

US Daily Brief: Today‘s Research – July 15, 2026

Global Research

15 July 2026ab

US Daily Brief Equities

AmericasToday's Research – July 15, 2026

Joseph Parkhill

Product Manager

Visa Inc (V, Buy, $410) - Sizing the Growth Contribution & Visibility Associated with joseph.parkhill@ubs.com

+1-212-713 3716

Remaining Performance Obligations (RPO); Overview of Mechanics (Timothy Chiodo)

We provide an overview and analysis of Visa's Remaining Performance Obligation (RPO) Peter Lennox-King

disclosure Product Manager

peter.lennox-king@ubs.com

+1-212-713 3215

Block (XYZ, Buy, $92) - Cash App Borrow Primer, Analysis, & Opportunity Overview

Ryan Bell(Timothy Chiodo)

A 50+ page primer on Cash App Borrow alongside an analysis +of potential contribution ryan-b.bell@ubs.com

to EPS +1-212-713 1233

Block (XYZ, Buy, $92) - On the Block #5 recap (Timothy Chiodo)

Willem Avé provides a detailed view of Square’s product strategy and AI roadmap

U.S. Interactive Gaming - Quieter quarter for releases ahead of GTA VI (Christopher

Schoell)

Limited PC/console releases in calendar 2Q and mobile checks mixed; TTWO preferred

name with catalysts approaching

US Building - 2Q26 earnings preview; results likely subdued, but signs of stabilization

emerging (John Lovallo)

2Q results are likely to be subdued & sentiment remains negative. However, signs of

stabilization are emerging, which could create a springboard for the stocks

Aritzia Inc (ATZ, Buy, C$216) - Management Meeting: Strong Retail Execution

Reinforces Conviction on LT Runway; Buy (Jay Sole /Mauricio Serna)

ATZ’s US flagship visit supports our confidence in execution, cleaner inventory, and retail

expansion. We forecast a 26% 5-yr. EPS CAGR and see 47% share price upside

American Eagle Outfitters Inc (AEO, Buy, $31) - Management Meeting: Remain