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J.P. Morgan

June 5, 2026

Europe First to Market

Daily UpdateEquitiesInformation TechnologyEnergy

J.P. Morgan's daily research note highlights Ferrovial's NTO potential, a preference for SMid tech stocks, and sector-specific updates for reinsurers and building materials.

Key Takeaways

  • 1.Ferrovial's New Terminal One (NTO) at JFK is a significant long-term value driver with pricing power offering inflation protection.
  • 2.Investment strategy remains focused on Small and Mid-cap (SMid) equities versus Large-cap, with a continued preference for tech stocks.
  • 3.Atlantic hurricane season risks for reinsurers are perceived differently in 2026 due to expected lighter intensity and falling prices.

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

Elodie Rall

Securities

FERMUVGn.DEAENA

Themes

Infrastructure InvestmentAtlantic Hurricane Season RisksTech Sector Dominance

Regions

EuropeAsia PacificUnited StatesGermanyUK