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The trailing 12-month P/E ratio for $SPX of 25.7 is above the 5-year average (24.4) and above the 10-year average (23.6). #earnings, #earningsinsight, bit.ly/4skOAZB

The forward 12-month P/E ratio for $SPX is 18.7, which is below the 5-year average (19.8) and below the 10-year average (19.1). #earnings, #earningsinsight, bit.ly/4skOAZB

All 11 $SPX sectors are reporting Y/Y revenue growth for Q3, led by the Information Technology sector at 41%. #earnings, #earningsinsight, bit.ly/4skOAZB

As mandates become richer, interactions among objectives, constraints, risk measures, costs, and implementation rules become more important. The role of the optimizer is to turn the increasingly rich investment intent into a mathematically consistent portfolio. Read more: bit.ly/48fgixn

10 of 11 $SPX sectors are reporting Y/Y earnings growth for Q3, led by the Energy sector at 136%. #earnings, #earningsinsight, bit.ly/4skOAZB

#StreetAccount Weekly Market Recap - Friday, 23-Oct bit.ly/369hi69

Your fixed income attribution model should reflect how your team actually invests. Now it can. Two new capabilities in @FactSet Portfolio Analytics give performance analysts more control over what they present to stakeholders: • Return reallocations correct misattributed returns directly in the platform. No manual spreadsheet fixes after the fact. • Hybrid attribution lets you configure the model to fit your investment process before the first calculation runs. Both come with audit trails, template reuse, and native integration into portfolio analysis. Build it once, apply it everywhere. Read the full blog to see how these updates close the gap between your attribution output and your investment story: bit.ly/3VXGBpe

66% of $SPX companies have beaten revenue estimates to date for Q3, which is below the 5-year average of 70% and below the 10-year average of 68%. #earnings, #earningsinsight, bit.ly/4skOAZB

83% of $SPX companies have beaten EPS estimates to date for Q3, which is above the 5-year average of 78% and above the 10-year average of 77%. #earnings, #earningsinsight, bit.ly/4skOAZB

StreetAccount’s Bull/Bear Talking Points for Week-ended 23-Oct: 🐻 Bearish talking points • Big AI trade selloff on Thursday as Meta's capital-raise signals added to already elevated AI funding scrutiny, while peak capex growth and open-weight inference efficiency dynamics were also blamed. Meta a key driver of the funding concerns despite upbeat AI takeaways as filing for new non-voting shares noted potential capital needs in the "hundreds of billions." CoreWeave failed to stabilize despite sell-side defending (including an upgrade). Expected kinetic escalation in the Middle East helped drive oil higher, with WTI crude back above $100 a barrel. Input cost pressure flagged by companies across a range of industries in this week's earnings releases. Soft housing market data with builder confidence lowest since 2012 and pending home sales at a record low. French fiscal/political/social pressures continued to spill over to the credit market, driving 10-year OAT yield through 5% for first time since 2002 and OAT-Bund spread to levels not seen since Eurozone debt crisis. 🐂 Bullish talking points • Rotation > broad risk off (R2K and equal-weight S&P up over 1%) with AI trade weakness accompanied by better breadth. AI trade did not completely ignore positive fundamentals with Wednesday rally chalked up to favorable takeaways from SpaceX and Super Micro. Meta AI takeaways largely upbeat despite post-earnings selloff on capex/funding scrutiny with focus on advertising/engagement tailwind and Muse metrics. Positive fundamental AI takeaways from a number of other reporters this week (Lam Research, Western Digital, Bloom Energy), despite the largely underwhelming response. Upbeat thematic takeaways from earnings, including pricing power, industrial recovery and consumer resilience. Positioning highlighted as a potential bounce (squeeze) facilitator following recent selling pressure in Global Info Tech. Near-term catalyst path with focus on hyperscaler earnings, midterm elections and buyback resumptions. $META $CRWV $SMCI $LRCX $WDC $BE #BullBEar #MarketWrapUp #WeeklyRecap #Earnings #Tech #AI #MiddleEast #HousingMarket #Inflation #France #OAT #EuroZone #OAT #FinTwit #Hyperscalers #Russell2000 Gain immediate access to unparalleled insights with #StreetAccount: bit.ly/3xqrpo7

The S&P 500 is reporting earnings growth of 29.5% for Q3, which is slightly above the estimate of 29.2% on September 30. Read the full earnings article by John Butters here: bit.ly/4dVwkjq

#StreetAccount Financial Market Preview - Friday 23-Oct bit.ly/369hi69

#StreetAccount Evening Market Recap - Thursday, 22-Oct bit.ly/369hi69

S&P 500 earnings. ETFs. AI. Private markets. Portfolio scenario analysis. Fresh analysis from @FactSet experts 📊 Check out the latest articles on bit.ly/4i6LkfD

A paradox of conversational portfolio construction: The easier it becomes to ask for a sophisticated portfolio, the more important to have a rigorous engine to solve for it. Georgi Mitov discusses the ideal system: ease of use & a transparent, auditable, changeable. Read his full analysis: bit.ly/4z68BFO

"The way research is being done on Wall Street is changing." As AI becomes increasingly embedded in day-to-day workflows, firms are looking for new ways to connect trusted data, insights, and research tools. In the latest article from Nyela Graham, Alexander Nacht, @FactSet's Global Head of AI Partnerships and Strategy, shares his perspective on how AI is expanding access to financial intelligence and helping professionals integrate trusted data into the tools and workflows they use every day. For more insights from Alexander, read the full piece here: bit.ly/4hZa8aD

Margins are near record highs. So what happens if inflation doesn’t cool off? Dan Nathan, @GuyAdami and @LizThomasStrat break down the latest Earnings Insight on @mrktcall WATCH: youtube.com/live/HDE8UmkE4…

An activist discloses a stake in a company you cover. What happens next decides who shapes the client conversation. @FactSet AI for Banking, a premium add-on to the FactSet Workstation, monitors your coverage universe, assembles a sourced first draft, and builds branded pitch materials in the tools your team already uses. Human review comes before anything reaches a client. 📊 Read what it does at each step: bit.ly/4yAkYJ5

New AI model to bring in? Another data source to add? One more tool your teams want to use? Now multiply that across an enterprise. When each new addition requires its own custom integration, the infrastructure can quickly become as much of a challenge as the technology itself. That’s the bigger idea behind Model Context Protocol (MCP): not another connector, but a common standard for how AI communicates with the systems around it. Models, data, and tools can work through the same protocol instead of requiring a different integration for every combination. See what a common standard could change for capital markets: bit.ly/4rTx1iV

📱 $META Street Takeaways - Meta Platforms Q3 Earnings ($680.20 -$17.32) Overview: • Shares (2.5%). Revenue +26.1% y/y beat by 2.0%. EPS ex-items also ahead by 13.1%/$0.86. OM ex-legal charge 340bps above consensus. CapEx $33.94B vs SA $40.95B. Free cash flow $2.12B vs SA ($9.22B). • Daily active people +3% y/y missed by (0.3%). ARPP 2.3% above. • Q4 revenue guided above at the mid. FY CapEx range narrowed toward high end of prior range. • Intends to file a restated certificate of incorporation in Delaware to establish Class C common stock, effective date of 19-Jan-27. • Analysts were positive on the results and outlook. While compute remains something of a limiting factor in Muse development, solid trends for the product were highlighted as >10M have deployed in the US and Canada with retention materially better than that seen in Threads rollout. Furthermore, shopping the primary use case viewed as positive indicator of future capacity for monetization. Significant runway seen remaining in core ads with FOA revenue +26% y/y in Q3 on 10% growth in impressions and 14% in average price per ad. Record engagement for Facebook and Instagram pointed to while MAUs for other apps are also solid. New class of shares seen enabling capital raises without diluting Mr. Zuckergberg. $META #META #Earnings #METAPlatforms #Tech #Facebook #instagram #Muse #Threads #Ai #SocialMedia #EPS #Zuckerberg #FinTwit #CapEx Gain immediate access to earnings insights with #StreetAccount: bit.ly/3xqrpo7