-
Oct 10, 2024 | 
insight.factset.com | Colin Devereaux |FactSet Insight |Edward McCormick |Hiroki Miyahara
Last month, the Federal Reserve announced its first cut to interest rates in over four years. This is expected to be followed by more cuts into early next year, reversing the trend of increasing rates throughout the 2020s. With this in mind, we analyzed the returns of credit investments in our dataset and noted how it tracks through different policy adjustments and environments.
-
Sep 19, 2024 | 
insight.factset.com | FactSet Insight |Edward McCormick |Hiroki Miyahara |Sean Ryan
U.S. M&A deal activity decreased in August, going down 22% with 891 announcements compared to 1,142 in July. Aggregate M&A spending decreased as well. In August, 4% less was spent on deals compared to July. In terms of M&A deal activity, 5 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago: Technology Services (681 vs. 664), Process Industries (81 vs. 76), Miscellaneous (11 vs.
-
Sep 12, 2024 | 
insight.factset.com | Edward McCormick |Hiroki Miyahara |Sean Ryan
Investors often look at the future economic policies of presidential candidates to forecast public versus private market elevation. Latin America has had many recent presidential elections that give us a quality sample size to analyze if a connection exists. The charts below represent a portfolio of Latin America fund performance.
-
Sep 11, 2024 | 
insight.factset.com | Hiroki Miyahara |Sean Ryan |FactSet Insight
During the initial generative AI boom, we presented a new methodology to derive AI companies from supply-chain relationship keywords and analyze their performance rise. The goal was to identify and evaluate potential winners and losers from an investment perspective. Now just over one year later, we are revisiting our same data-driven methodology to analyze the changes.
-
Nov 29, 2023 | 
insight.factset.com | FactSet Insight |Yuri Malitsky |Hiroki Miyahara
ChatGPT has become more powerful throughout its first year of iterations. It responds better to most prompts (questions and directions), and new capabilities help reduce hallucinations. Reflecting on the progress since the popular LLM was released to the public Nov. 30, 2022, we chatted with FactSet’s Lucy Tancredi, Head of Strategic Technology Initiatives, and Ruggero Scorcioni, Director of Machine Learning.
-
Aug 22, 2023 | 
insight.factset.com | FactSet Insight |Sean Ryan |Christine Short |Hiroki Miyahara
We examined the most popular search terms in the FactSet Document Search application, which enables users to carry out AI-powered searches across a wide range of news sources and financial documents. Searches focus both on suggested/related terms and provide the most relevant results for the topic in focus. Here are the top terms of Q2 2023.
-
Aug 21, 2023 | 
insight.factset.com | Sean Ryan |Christine Short |Hiroki Miyahara |FactSet Insight
What We’re WatchingSometime this week or next: the FDIC 2Q23 Quarterly Banking Profile, containing useful industry aggregate data and commentary. Wednesday, August 23: NVIDIA (NVDA) releases earnings after the market close and hosts a call at 5pm. While not a financial, investors in every sector should be watching this. NVIDIA is among the best lenses on how the rise of AI is translating into increased (as well as reallocated) corporate tech spend, very much including in the financial sector.
-
Aug 18, 2023 | 
insight.factset.com | Christine Short |Hiroki Miyahara |FactSet Insight |Sean Ryan
Sharpen your pencils as back-to-school season is already upon us. Investors know that just as kids across the country return to the classroom, volatility can often kick up in the stock market. We’ve already seen a bout or two of it in the last couple of weeks. Is there more to come? Maybe not if economic data and corporate earnings keep showing goldilocks trends. Online spending strong, credit card execs generally upbeatThere was good news on the consumer front earlier this month.
-
Aug 16, 2023 | 
insight.factset.com | Hiroki Miyahara |FactSet Insight |Sean Ryan |Edward McCormick
Investors watching the popularity and potential of AI take off across more businesses are asking key portfolio questions:Which sector participants are poised to capitalize on AI and its related technologies such as generative AI, Large Language Models, and Machine Learning? Is the potential for higher revenues and business transformation limited to companies directly involved in AI? Could supply-chain relationships indicate companies that might benefit from the AI tsunami?
-
Feb 28, 2023 | 
insight.factset.com | Hiroki Miyahara |FactSet Insight
As interest in environmental, social, and governance (ESG) investment grows, ESG factors have become increasingly relevant to risk and quant investment workflows. There is an argument, for example, that ESG factors have predictive power for stock performance, as discussed in this recent FactSet Insight. In today’s article, we examine the effect of suppliers’ ESG sentiment signals on their customers’ stock performance and evaluate the return predictability as a quantitative factor.
