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[FactSet @FactSet]

📱 $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: https://t.co/KIIwsaTKEb

[FactSet @FactSet]

#StreetAccount Financial Market Preview - Thursday 22-Oct https://t.co/qBfwfaDxtz

[FactSet @FactSet]

#StreetAccount Evening Market Recap - Wednesday, 21-Oct https://t.co/qBfwfaDxtz

[FactSet @FactSet]

What does "governed data" actually look like in practice?

Here's @FactSet's MCP server connected inside @Databricks Playground: 13 tools exposed to the model, covering fundamentals, estimates, ownership, supply chain, M&A, RBICS, calendar events, and more, plus a parallel multi-tool wrapper for running several lookups in one pass.

The model doesn't have to guess which dataset holds an answer or scrape a page and hope the numbers are current. It calls a defined tool, gets a structured, point-in-time response, and that response is traceable back to its source.

This is the layer that sits between "agent framework" and "trustworthy output": a governed set of callable tools, not a general-purpose crawler.

Curious how this fits into the rest of the stack? Our latest blog breaks it down: https://t.co/HgLsfP60Sr

[FactSet @FactSet]

🏢 Office REITs Q3 Preview: Focus on interest rate headwinds, leasing CapEx, debt maturities and paydown

‣ Office REITs kicking off Q3 results, with SL Green (SLG) and Brandywine (BDN) AMC today, with Kilroy Realty (KRC) AMC tomorrow.

• Sentiment slightly more bullish versus the sector, with buy-rated consensus 58% (RE Sector 54%), as commentary highlights strengthening fundamentals, flagging Q3 national and metro statistics including occupancy, rent growth, leasing volume, and absorption.

• Interest rate headwinds the big area of focus, with recent backup in yields leading to some downgrades, broad target cuts, across the group. Commentary on refinancings, deleveraging, as well as development/construction debt facilities, and impacts to disposition plans, yields.

• Leasing CapEx, concessions, also flagged as attention turns to FFO growth versus SSNOI, with tenant incentives having hindered inflections, accelerations, in the bottom-line metric.
AI jobs impact also highlighted in terms of additional color around tenant commentary, demand/sizing of space.

• Bullish also flagging valuation relative to current (improved) demand backdrop; B/S in better shape, with capital access, terms, more favorable, both in terms of potential equity partners, JV stakes, as well as debt funding.

• Bearish seeing rate backup as adding to NT headwinds, pressuring sentiment, and pushing out a sustained recovery in positively trending earnings growth seen as needed in order for a real step-up in market sentiment and pivot towards more constructive views.

$SLG $BDN $KRC

#OfficeReits #REITS #CommercialRealEstaste #Earnings #CapEx #FFO #SSNOI #AI #Leasing #FinTwit #REITInvesting #RealEstate

Gain immediate access to earnings insights with #StreetAccount: https://t.co/KIIwsaTKEb

[FactSet @FactSet]

🚀 $SPCX Street Takeaways - SpaceX Q3 Earnings ($158.22 +$10.43)

Overview:

• Shares +7.1%. Revenue +161% y/y beat by 13.3%. All three segments ahead on the top line and adj. EBITDA. Adj. EBITDA EPS also ahead by $0.22/169%. GM 520bps above consensus. Adj. EBITDA margin 890bps above. CapEx +185% y/y to $19.59B vs SA $18.06B.

• Q4 CapEx guided $35-40B vs FactSet $19.76B. Q1 2027 revenue guided $33-37B vs FactSet $22.23B.

• On the call Elon Musk says Tesla and SpaceX have formed special committees to explore potential merger at the request of shareholders.

• Analysts notably positive on the results and outlook. While all segments were ahead of expectations the primary focus was on AI, or the newly renamed segment Superintelligence SI. Increasing GPU spot rates highlighted with new deals at >$50/watt indicate a payback period below one year as management thinks below six months is plausible by next year. Total compute 2026 target lifted to 2.5GW from 2.0GW at year end with an incremental 10GW in 2027 and an internal goal of 20GW. Capacity adds in 2027 likely skew toward H2 on timing of Vera Rubin deliveries.

$SPXC $TSLA

#SpaceX #Earnings #Tech #TechStocks #AIEarnings #AI #SpaceTech #ElonMusk #Tesla #Capex #DataCenter #SuperIntelligence #GPU

Gain immediate access to earnings insights with #StreetAccount: https://t.co/KIIwsaTKEb

[FactSet @FactSet]

Heading out? Listen to our quantitative analysis of Q3 EPS at the aggregate & sector levels along with revenues & analysts’ expectations for CY 2026 earnings growth. Written by Vice President and Senior Earnings Analyst John Butters at @FactSet and narrated by AI.

Spotify: https://t.co/TqizMyhjTC
Apple Podcasts: https://t.co/7xt5Ed9vZr

[FactSet @FactSet]

#StreetAccount Financial Market Preview - Wednesday 21-Oct https://t.co/qBfwfaDxtz

[FactSet @FactSet]

Here are the 10 largest U.S. M&A deals for CY 2026 (through September 30). #mergersandacquisitions #markets #MnA, https://t.co/YoAfXxLQjR

[FactSet @FactSet]

Can AI make portfolio optimization accessible to non-quants? We gave FPE Intelligence, @FactSet’s coding agent, one sentence: “Replicate the S&P 500 with fewer than 50 securities, sector exposures within 1% of benchmark.” Read our full article for the results: https://t.co/94RnkoBMLO

[FactSet @FactSet]

13 out of 21 sectors witnessed a year-over-year decrease in U.S. M&A deals on a trailing 3-month basis (Jul 26 - Sep 26 vs. Jul 25 - Sep 25). #mergersandacquisitions #markets #MnA, https://t.co/YoAfXxLQjR

[FactSet @FactSet]

The number of U.S. M&A deals decreased by 2% from August to September, while total spending on U.S. M&A deals decreased by 28% during this time. #mergersandacquisitions #markets #MnA, https://t.co/YoAfXxLQjR

[FactSet @FactSet]

#StreetAccount Evening Market Recap - Tuesday, 20-Oct https://t.co/qBfwfaDxtz

[FactSet @FactSet]

More autonomy changes what firms need to govern.

When an AI agent can retrieve information, use tools, apply logic, and move through multiple steps of a financial workflow, governance cannot stop at the final output.

For higher-risk work, firms may also need visibility into the sources accessed, tools called, results or actions generated, and human reviews completed along the way.

That starts earlier than the audit trail. It means defining the agent’s role, setting appropriate permissions and triggering conditions, and deciding where professional judgment belongs.

@FactSet MCP provides one concrete example of how a boundary can work in practice: it is provisioned at the user level and is entitlement-aware, helping ensure AI requests draw only on authorized tools and content.

Our latest blog explores how financial institutions can translate these considerations into controlled agentic workflows: https://t.co/MpooqIV2p4

[FactSet @FactSet]

Your commute briefing on Q3 earnings season EPS at the aggregate & sector levels along with revenues & analysts’ expectations for CY 2026 earnings growth. From John Butters, Vice President and Senior Earnings Analyst. AI-voiced.

Spotify: https://t.co/TqizMyhjTC
Apple Podcasts: https://t.co/7xt5Ed9vZr

[FactSet @FactSet]

#StreetAccount Financial Market Preview - Tuesday 20-Oct https://t.co/qBfwfaDxtz

[FactSet @FactSet]

The "Magnificent 7" companies are expected to report lower earnings growth than the other 493 $SPX companies for Q4 2026. #earnings, #earningsinsight, https://t.co/2awU1E2sJi

[FactSet @FactSet]

Excluding $MU and $NVDA, the Q3 earnings growth rate for $SPX falls to 20.0% from 29.0%. #earnings, #earningsinsight, https://t.co/2awU1E2sJi

[FactSet @FactSet]

The "Magnificent 7" companies excluding $NVDA and $META are expected to report lower earnings growth than the other 493 $SPX companies for Q3 2026. #earnings, #earningsinsight, https://t.co/2awU1E2sJi

[FactSet @FactSet]

Heading out? Listen our to our deep dive for financial firms that want to use AI at scale. Written by Patrick Starling at @FactSet and narrated by AI.

Spotify: https://t.co/zCNoccSwqH
Apple Podcasts: https://t.co/Uw3wg9L9ta