海外研报

Less sizzle, enough AI substance, reiterate Buy

AI delivers, legacy improves, offset by higher cost profileAMD delivered a good quarter with modestly better outlook, addressing recent concerns

The TCMB Kept Its Inflation Projections Unchanged in Its Quarterly Inflation Report

Bottom line: TCMB published its third Inflation Report of the year. The Bank kept itsyear-end inflation projections (which currently are also its interim targets) unchanged

Week 16 August – 23 August

• European summer finished early this year with cross-border issuance already hitting the market. Apart from