Research notes · October 26, 2026

Quant Data Daily Research Notes: 8 pieces from 5 publishers analyze Meta's massive equity plans, SPCX's GPU leasing, and historical market top indicators

On October 26, 2026, the five paid research publishers tracked by Quant Data released eight research pieces. These publications span a wide range of market analysis, including macro liquidity assessments, corporate earnings previews, detailed podcast summaries, and personal trading recaps. Featured topics today include Meta's massive equity financing plans, SPCX's multi-billion dollar GPU leasing agreements, and historical market top comparisons. Every statement, forecast, and financial figure presented in this digest is strictly attributed to its original publisher. Quant Data does not verify any of these claims, holds no independent editorial views, and takes no position on the accuracy or validity of the underlying data.

Coverage: this issue uses saved articles only. Upstream completeness and freshness were not checked.

What was published

"Points extracted" counts the discrete claims (numbers, theses, risks, catalysts, falsification points) pulled from each piece during ingestion. It measures how much a piece asserts, not how good it is.

What each piece said

Directional statements on the record

Each row is a dated fact: a named source expressed a direction on a named ticker. Where a publisher was relaying a broker's rating change, the originating voice is in the "via" column. None of this is a recommendation from Quant Data.

Numbers the publishers put on the record

• Capital Wars: Each five percentage-point rise in the share of bills in total Federal debt outstanding delivers the equivalent of a US$3 trillion monetary injection.
• Cassandra Unchained: On October 6, 2026, 23% of S&P 500 stocks were busted, down a median of 55% below their highs.
• FundaAI · META: Meta's 3Q26 revenue reached $64.6 billion, up 26% year-over-year, with 2026 capex rising to $250 billion.
• FundaAI · SPCX: SPCX reported 26Q3 revenue of $14.58 billion and adjusted EBITDA of $8.81 billion, guiding 27Q1 revenue to $33-37 billion.
• FundaAI · BE: Bloom Energy reported 26Q3 revenue of $1.236 billion and adjusted EBITDA of $299.5 million, with negative $181 million free cash flow.
• James Bulltard · META: Sold 150 META December $545 puts for $7.13, a setup with a 95% historical success rate.
• TMT Breakout · META: Meta launched the first $35 billion of a proposed $95 billion equity plan, including $22.5 billion of Class A forward sales.
• TMT Breakout · SPCX: SPCX secured a $40 billion GPU lease deal led by Apollo, with Customer B generating approximately $1.68 billion per month.
• TMT Breakout: Dylan Patel notes that next year approximately 50 gigawatts of data centers are being built globally, with 35 GW in the US.
• TMT Breakout: George Noble estimates that if hyperscalers hold $2.5 trillion of AI assets, yearly depreciation will pass $500 billion by 2030.

Reproduced as stated by each publisher. Not verified by Quant Data.

What would prove them wrong

Several publishers name the observation that would falsify their own view. Those are the most useful sentences in any research note, so they are collected here.

• TMT Breakout: If AI has had no impact on unemployment by mid-to-late 2027, Citrini says he will accept that his software-disruption thesis was wrong.

Where Quant Data's own data touches the same tickers

For tickers named above that have a stock page on this site, the settled options positioning from the same period. These are Quant Data's computations from end-of-day open interest, dated to the settlement shown, and are unrelated to what any publisher said.

Common questions

Sources: publicly available Substack newsletters that Quant Data accesses through paid subscriptions. Statements and figures are attributed to their publishers and reproduced as stated; Quant Data has not verified them and expresses no view on them. Educational only: not investment advice, not a recommendation, not a forecast.