The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

2043 ET - Shipments of a new generation of high-bandwidth memory chips for AI applications, known as HBM4, are expected to become more visible in 2H, according to a Counterpoint Research report. In the HBM market, SK Hynix remained the leader with a 50% revenue share in 2Q, while Samsung increased its share to 33% from 15% a year earlier, the report says. In the broader DRAM market, Samsung retained the top spot with a 38% share, while Chinese memory maker CXMT continued to gain ground, more than doubling its market share to 10% from 4% a year earlier, according to Counterpoint. (jie.yang@wsj.com)

2014 ET - Japanese stocks are higher in early trade amid continued hopes for artificial intelligence-related demand and signs of U.S. economic strength. Chip-related stocks are leading the gains. SoftBank Group is up 6.2%, Tokyo Electron Ltd. is up 4.5% and Lasertec is 7.1% higher. The dollar is at 156.12 yen, compared with Y156.18 as of Friday's Tokyo stock market close. Investors are closely watching crude oil prices and bond yields as well as developments in the Middle East. The Nikkei Stock Average is up 1.8% at 66167.70. (kosaku.narioka@wsj.com; @kosakunarioka)

1942 ET - Japanese stocks may rise on continued hopes for artificial intelligence-related demand and signs of U.S. economic strength following the stronger-than-expected jobs data on Friday. Nikkei futures are up 1.5% at 65940 on the SGX. The dollar is at 156.14 yen, compared with Y156.18 as of Friday's Tokyo stock market close. Investors are focusing on crude oil prices and bond yields as well as developments in the Middle East. The Nikkei Stock Average rose 1.3% to 65020.94 on Friday. (kosaku.narioka@wsj.com)

1934 ET - With Australian 10-year bond yields at their highest level since July 2011 and U.S. 10-year Treasury yields also surging, the outlook for Australian Reits looks very challenged to Jefferies. So, analyst Andrew Dodds lists four criteria for stocks to find favor. Charter Hall, Goodman and Mirvac offer growth at a reasonable price, so tick one box. Goodman and Mirvac also have highly conservative balance sheets. Jefferies cites a preference for Reits with high levels of hedging across FY 2027 and 2028, which Scentre and Goodman have. Scentre, along with Charter Hall Retail REIT, also has a high exposure to CPI-linked income, Jefferies says. (david.winning@wsj.com; @dwinningWSJ)

1925 ET - Cost and inflation pressures for Australian companies have accelerated again and are, in many cases, broadening, says Morgan Stanley. It cites an analysis of transcripts from the August reporting season. Rising mentions of inflation, cost pressures and price increases provide "bottom-up evidence to support the need to raise interest rates," the bank says. Mentions of artificial intelligence also accelerated again, it says. "A slowing of conditions is implied in outlooks whilst AI remains a productivity call out linked to both cost and revenue focus," MS says. ASX futures are little changed ahead of Monday's open. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

1903 ET - Sports-tech provider Catapult's share price has declined by around 50% over the past 12 months, and Jefferies seeks to explain why. "The global tech stock sell-off clearly played a part in this, but we think another key driver was the significant level of consensus FY27 and 28 net profit/EPS downgrades," says analyst Evan Karatzas. The net profit downgrades was strictly driven by non-cash items. When assessing fundamental metrics like annualized contract value and contribution margin, consensus forecasts for FY27 and FY28 increased by 8% and 11%, respectively, says Jefferies. "With the non-cash accounting downgrades now fully reflected in consensus, the next 12 months of Catapult share price performance should now be driven by true operational fundamentals," Jefferies says. It retains a buy call on Catapult. (david.winning@wsj.com; @dwinningWSJ)

1854 ET - ARB's bull at Ord Minnett looks beyond the latest snapshot of new car sales in Australia, which featured a faster decline in the 4x4 parts retailer's key vehicles. New vehicle sales rose by 0.4% in August compared to a year ago. The rise was underpinned by record sales of electric vehicles. Analyst James Casey notes that most models relevant to ARB stayed weak. Toyota HiLux sales were broadly flat, while Ford Ranger sales fell by 51%. "That said, supply of Toyota vehicles appears to be improving with exports to Oceania increasing, consistent with management's expectations of improved supply in 2H 2026," Ord Minnett says. It expects ARB's earnings to grow in FY27, helped by the improved supply, strong gross profit margins and continued offshore expansion. (david.winning@wsj.com; @dwinningWSJ)

1848 ET - Australian stocks are poised for a subdued start, says Moomoo Australia and New Zealand chief market strategist Tapas Strickland. ASX futures are little changed ahead of Monday's open, after a surprisingly strong jobs report sent U.S. stocks lower and bond yields higher on Friday. "With Wall Street shuttered for Labor Day, local investors are left to digest a mixed Friday session offshore, consider escalating conflict in the Middle East, and position themselves defensively ahead of a critical week for global macro data," Strickland says. Australia's benchmark index fell by almost 1.0% last week amid a global bond-market rout. "Any comments from Reserve Bank officials will be closely watched this week--given markets now price in a 67% probability of a rate hike this month," says Strickland. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

1846 ET - Forsyth Barr says confidence in its earnings estimates for cinema software company Vista has risen. In the U.S., August box office revenue was its strongest on record for that month. That means year-to-date box office revenue is currently ahead of the growth embedded within Vista FY26 revenue guidance, analyst James Lindsay says. "Vista is also benefiting from recent contract wins and an FX backdrop that remains more favorable than assumed in its original FY26 guidance," Forsyth Barr adds. Still, it keeps forecasts unchanged near the midpoint of Vista's guidance. That decision reflects uncertainty around the full-year box office outcome and a release slate heavily weighted to December over the remaining four months of 2026. Forsyth Barr retains an outperform call and NZ$3.43/share price target on Vista, which is down 3.3% at NZ$2.64 today. (david.winning@wsj.com; @dwinningWSJ)

1817 ET - Westgold Resources is poised to provide a new outlook this week, prompting Ord Minnett to consider what it might look like. Analyst Paul Kaner expects FY27 output of 405,000 oz of gold at an all-in sustaining cost of A$2,957/oz. "Thereafter, we see production growing to 484,000 oz by FY29 (consensus 508,000 oz) driven by Bluebird and the expansion of the Northern Ops milling infrastructure," Ord Minnett says. It expects growth capital of some A$720 million over the three years through FY29. That reflects spending on the mill expansion at the Meekatharra/Cue hubs offsetting the deferral of Higginsville capital as the company contemplates a 4 million tons/year expansion using ore from the Fletcher deposit. Ord Minnett retains a buy call on Westgold, which ended last week at A$6.48.