Project Financially Free

Personal Finance & Investment Blog. Not professional investment advice.

[dfin (AI Equity Analyst) @dfin_pro]

$CRM Salesforce's AI strategy appears to be playing out in real-time: enterprises tried building their own AI solutions for 2 years. Now they're hitting a wall, as per management. The result?

Agentforce momentum is accelerating. Production customers up 70% QoQ. Token usage hit 540B in October alone (+25% MoM). And 362 customers are already back for consumption credit "refills" after seeing initial value.

Q3 showed cRPO growth of 11%, non-GAAP operating margin expansion of 240bps to 35.5%, and raised FY26 guidance. They're also scaling sales capacity by 23% YTD to capture what they see as "exponential" demand.

[dfin (AI Equity Analyst) @dfin_pro]

Just had a discussion with someone about Visa & Mastercard and whether other services use their networks or not.

A quick discussion with dbot confirmed (with direct links to SEC filings only) that AXP is fully independent of the V/MA infrastructure. References are filings and transcripts only - no links to other sites or blogs.

This is just a small demonstration of dbot's abilities. You can dig way deeper and broader.

[dfin (AI Equity Analyst) @dfin_pro]

What are some of your biggest pain points when doing research? How can we make your life easier? Do let us know!

[dfin (AI Equity Analyst) @dfin_pro]

Do you know what stablecoins are?

No?

Neither do I.

Well, let's use dbot to understand what the passing of the GENIUS act could mean mean for the likes of Mastercard, Visa, Paypal, and more in part 1 of this video.

[dfin (AI Equity Analyst) @dfin_pro]

Jabil shares ($JBL) recently hit all-time highs. Let's take a dive in to Jabil with dbot and understand what the company does, who it competes with, and why the margins in the sector are so low. This analysis would otherwise take hours to do, but with dbot, you can do it in just a few minutes. No subscription needed!

[dfin (AI Equity Analyst) @dfin_pro]

Researching new companies? Check out how easy it is to research Coreweave and compare it with the other players with dbot - our intelligent equity research assistant.

Intelligent insights - all without the hassle of a subscription.

[dfin (AI Equity Analyst) @dfin_pro]

Oracle stock has hit all-time highs recently. Let's dig further in to what's driving the growth of the business.

Dbot provides the relevant details with a full set of relevant references.

Worried about whether the model is hallucinating? Easily verify with 1-click of a button.

[dfin (AI Equity Analyst) @dfin_pro]

I'm happy to announce a beta launch of dbot - our AI agent for deep dives in to company financials, filings, and transcripts. Currently supporting S&P 500 companies and increasing daily.

If you are interested in test driving it, do sign up on the site and ping me and I'll get you set up with free credits.

After manually analyzing filings for years as an equity analyst and running money as a long-only portfolio manager, I built an AI RAG system that I believe will be useful for people like me - those that love to do deep fundamental research in to companies.

I believe the depth of the responses provided by the system in many cases is on par with what I've seen in responses and calls with sell-side analysts.

Of course AI can't substitute experience and opinion, but it can help easily clear up many fundamental questions. It also isn't foolproof, but I do believe that it does make an analyst significantly more productive!

Key differences to some of the offerings out there currently:
* Pay-as-you-go model: No expensive subscription needed. Use as much or as little as you like and only pay for what you use.
* 1-click verify: AI models struggle with hallucinations, and we've put verification at the core of the system. With one click, get a secondary verification to catch hallucinations and errors in the responses.
* Multi-model system: We use 10+ models in the system. Users can pick what intelligence level (and cost) they want based on their needs. New models will be included if they improve results and optimize cost efficiency.
*Web research: Easily incorporate web research into your chat as well with a simple '/web' command. Helps to pull in data that is not in company filings.

The system is currently designed for a Q&A format, so it will respond to questions like:
1. "Why does Deere's balance sheet seem so bloated? Why do they have so much debt?"
2. "Has Synchrony's credit portfolio deteriorated over the last year?"
3. "For Block, can you give the GPV growth (YOY) of their Square product over the last 4 quarters?...."Now for Fiserv, can you give me the GPV growth of their Clover product over the last 4 quarters?

We currently do not support 1-shot report creation (e.g. Give me a report on Microsoft based and tell me whether it is a good stock to invest or not.). This will come in the future though!

If you have any questions or comments, please do drop them here! Or you can DM me or email at [email protected]. Thanks very much!

Please see attached screenshots.

[dfin (AI Equity Analyst) @dfin_pro]

Meanwhile, another way to slice for opportunities is looking for stocks making lows. These charts show stocks within 5% of 2-year lows. Natural to see

[dfin (AI Equity Analyst) @dfin_pro]

If you're looking for opportunities to buy for the long term, a good place to start naturally is stocks that have fallen the most. The charts below show stocks in the S&P500 and Nasdaq that have fallen the most in the last 1 year...

[dfin (AI Equity Analyst) @dfin_pro]

More market gyrations. The S&P 500 is -2.6% and Nasdaq 100 is -3.8%. Unlike the German market last week, we're in the left tail of the daily returns distribution today. For Nasdaq, we're in the bottom ~3% of the sample today! Not as bad for S&P500 though, but not great either.

[dfin (AI Equity Analyst) @dfin_pro]

Addendum: Just to underscore the points above, the MDAX (Midcap DAX Index) had its biggest day EVER in the last 15 years. The iShares ETF tracking the MDAX (EXS3 on the XETRA) was up 6.04% today. Textbook definition of a "Right-Tailed Event"!

[dfin (AI Equity Analyst) @dfin_pro]

A huge day overall for the European & German markets overall, and one for the history books. Looking for ETFs that track these indices? Get that data and more on https://t.co/AM6mvg1IYX.

STOXX: https://t.co/cdQE90DXE8

DAX: https://t.co/SSmslEHKj8

[dfin (AI Equity Analyst) @dfin_pro]

The broader STOXX index closed at +1%, but was up nearly 1.7% at the session highs. This too is well in to the right-hand side of the curve. On a stock basis, there's no shortage of stocks that were up in the 10+% range today.

[dfin (AI Equity Analyst) @dfin_pro]

A huge day in German and European markets today. With the incoming German parties/govt urging a relaxation in fiscal debt brake, the market surge is one for the history books. The DAX is +3.55%, which puts it in the ~95th percentile of daily moves over last 10y. With FX moves...

[dfin (AI Equity Analyst) @dfin_pro]

Looking for an easy way to find the world's largest companies, ranked by market capitalization? Check it out on dfin! https://t.co/ruwPDpLgne

[dfin (AI Equity Analyst) @dfin_pro]

We've got a comprehensive ETF comparison tool to make analysis quick, convenient, and easy.

[dfin (AI Equity Analyst) @dfin_pro]

Comparing $KWEB with $FXI it's clear that the last 12m have been great - a huge bounce from the bottom. And despite that the 10y numbers are abysmal. Buying cheap stocks/markets/etfs can pay off handsomely - if done correctly.

[dfin (AI Equity Analyst) @dfin_pro]

Chinese markets catching a much needed respite, after Deep Seek and some favourable motions by Xi. Looking at the holdings of $FXI, it's interesting to see no stocks on the L side of the ledger. As expected, tech and banks(!) posting 52w highs now.

[Project Financially Free @PFFBlog]

The only offsetting factor is whether income tax rates are cut further or not. It'll be interesting to see what happens.

Regardless of the politics of it all, this would be great for the US economy in the long run. The short run could be ugly though!

[Project Financially Free @PFFBlog]

It's interesting to see the 10y rates starting to decline. People were worried that Trump govt would be inflationary; but seeing the speed with which DOGE and deportations are happening, I think market is missing that there may be a negative shock to the US economy.

[Project Financially Free @PFFBlog]

QT at the Fed is also moving along nicely. Total balance sheet assets are now down ~$2.1T from the peak. When you combine all these factors, doesn't it seem fair to think that inflation could actually fall dramatically? And along with that the whole yield curve?