J.P. Morgan
May 27, 2026
Europe First to Market
Daily UpdateEquitiesMacro Economic IndicatorsConsumer DiscretionaryIndustrials
J.P. Morgan's daily update highlights strong structural growth in South Korea's luxury market and significant capacity expansion in Prysmian's digital cabling business.
Key Takeaways
- 1.South Korea is emerging as a critical growth driver for luxury goods, fueled by wealth creation from the AI semiconductor boom and recovering tourism flows.
- 2.Prysmian's Digital Solutions segment is poised for significant growth, driven by hyperscaler demand for optical fiber cables, leading to a price target increase to €172.
- 3.InterContinental Hotels Group (IHG) is successfully leveraging its loyalty ecosystem and AI tech stack as major margin-supportive value drivers.
Table of Contents
- Today's Morning Meeting
- Also Published Today
- In Case You Missed It... Trending in the Last Month
- Key Changes
- JPM Events
- Upcoming Earnings
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Authors
Chiara BattistiniAkash GuptaEstelle Weingrod
Securities
PRY IMIHG LNABDN.LEKTAb.STIPN FPNOKIA
Themes
AI Super Cycle Wealth EffectsHyperscale Optical Fiber DemandLoyalty Monetization in Hospitality
Regions
EuropeAsia PacificMiddle EastSouth KoreaUnited StatesUnited Kingdom