Keybanc: Supply chain partners indicate that Nvidia is sampling a Rubin Ultra GPU with 384GB of HBM4E based on 8x12H. This would represent a 33% increase in memory density over Rubin, which has 288GB of HBM4 memory. However, most memory suppliers expect that Rubin Ultra will despec to 256GB of HBM4E based on 8x8H, which would represent a decline of 11%. $NVDA $MU $DRAM $EWY

Keira Knightley says she won’t return to Pirates of the Caribbean because the franchise destroyed her reputation. “I was seen as shit because of them, and yet because they did so well I was given the opportunity to do the films that I ended up getting Oscar nominations for.” “It’s a funny thing when you have something that was making and breaking you at the same time.” “They were the most successful films I’ll ever be a part of, and they were the reason that I was taken down publicly. So they’re a very confused place in my head.” Knightley also says the productions consumed years of her life. “The hours are insane. It’s years of your life, you have no control over where you’re filming, how long you’re filming, what you’re filming.”

$AAPL - KEYBANC WARNS APPLE'S IPHONE 18 MOMENTUM MAY FADE KeyBanc reiterated its Underweight rating and $250 price target on Apple following a survey of 2,046 iPhone users. The firm warns that higher prices, fewer carrier promotions and longer upgrade cycles could weaken iPhone sales and services growth. Apple trades at approximately 40x projected 2027 earnings, versus its three-year average of 27x.

$AAPL - KEYBANC REITERATES SELL-BIASED RATING ON APPLE DESPITE STRONG IPHONE 18 DEMAND KeyBanc maintains its Underweight rating on Apple with a $250 price target. September hardware spending surged 44% month-over-month, far above the three-year average of 15%, suggesting strong initial iPhone 18 demand. However, KeyBanc expects demand to fade as weaker carrier promotions and lower upgrade rates weigh on sales, potentially leading to iPhone production cuts. The bank's 2027 iPhone and Mac shipment forecasts remain well below Wall Street expectations.

$META | KeyBanc 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗢𝘃𝗲𝗿𝘄𝗲𝗶𝗴𝗵𝘁 on 𝗠𝗲𝘁𝗮 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀, raises PT to $𝟵𝟬𝟬 from $𝟳𝟴𝟬 Analyst sees Meta’s product innovation driving faster medium-term revenue and EPS growth while supporting multiple expansion.