FactSet's Bi-Weekly Newsletter

FactSet Introduces AI-Powered Portfolio Commentary

Live from #FACTSETFOCUS, we introduced Portfolio Commentary, a breakthrough GenAI-powered solution that produces detailed and source-linked commentary to empower buy-side and wealth management professionals to understand the key drivers of portfolio performance more holistically.

Powered by large language models (LLMs), Portfolio Commentary significantly reduces the challenging, time-consuming, and nuanced process of writing attribution summaries manually.

Learn more here: https://bit.ly/4aXWfDs

Watch How to Generate a Baseline Portfolio Commentary With AI in 60 Seconds

No more starting from a blank page when you write portfolio attribution summaries! Now that task has just become materially easier and faster through #generativeAI.

By clicking “Generate Commentary” for a report/timeframe you’ve defined within the #PortfolioAnalysis application of the FactSet Workstation, a Large Language Model will generate a baseline #portfoliocommentary in approximately 30-60 seconds. Statements and numbers in the commentary are linked to the source.

You can personalize any of the four sections in the initial draft, check out the article to find out more: https://bit.ly/3JFeuSl

Bank Earnings Review: 1Q24

It’s time for a deep dive into the bank sector as Sean Ryan from FactSet shares his latest analysis!

? Like Timex, banks have taken a licking but keep on ticking

? Early NIM inflection ? Strengthening balance sheets

? Conferences, hearings, and data (Oh my!)

Check it out: https://lnkd.in/gWam_Z_j

Cautious Optimism for Capital Markets Coming Out of 1Q24

Green shoots are emerging in places across the financial landscape. CEO confidence has turned positive, and fixed income and equity underwriting fees are higher YOY. And despite M&A remaining sluggish, advisors continue to report rising levels of interest.

Sean Ryan from FactSet discusses these variables along with the outlook for a potential rate cut later this year and capital markets stock performance and valuations.

Read the article here: https://bit.ly/44CvUJ0

Latest Earnings Insight Article by John Butters

Our #Earnings Insight by John Butters is out!

?? The S&P 500 is reporting year-over-year earnings growth of 5.4% for Q1.?

?? At the company level, Bristol Myers Squibb is the largest detractor to earnings growth for the index for Q1.?

?? Excluding BMY, the S&P 500 would be reporting earnings growth of 8.3% for Q1.

Read it here: https://insight.factset.com/excluding-bristol-myers-squibb-sp-500-would-be-reporting-earnings-growth-above-8-for-q1