{
  "retrievedOn": "17 October 2026",
  "basis": "Prices remain dated vendor observations from 16 October 2026, possibly extended hours. Ten additional market caps were withheld after denominator checks. Microsoft, Amazon and S&P Global use separately labelled estimates based on June closing shares; QSR uses its sourced economic-share calculation. Unsupported cap-based ratios are unavailable. Raw vendor caps remain in unverifiedMarketCap.",
  "quotes": {
    "MSFT": {
      "price": 529.05,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:59:46Z",
      "unverifiedMarketCap": 3938777.25,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies7,445m shares; latest30June closing shares are7,427m, Q4 diluted7,443m and FY2026 diluted7,453m. Vendor denominator is not established. Do not assert an exact Q4 match for Microsoft. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.microsoft.com/en-us/investor/earnings/fy-2026-q4/press-release-webcast",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      },
      "commonEquityValueProxy": 3929254.3499999996,
      "capitalisationShares": {
        "company": "MSFT",
        "date": "2026-06-30",
        "millionShares": 7427,
        "source": "https://www.microsoft.com/en-us/investor/earnings/fy-2026-q4/press-release-webcast"
      },
      "capitalisationBasis": "16 Oct 2026 quote \u00d7 actual outstanding common shares at 2026-06-30; calculated, not a same-date observed market cap."
    },
    "AMZN": {
      "price": 250,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:57:07Z",
      "unverifiedMarketCap": 2725750,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies10903m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://ir.aboutamazon.com/news-release/news-release-details/2026/Amazon-com-Announces-Second-Quarter-Results/default.aspx",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      },
      "commonEquityValueProxy": 2695750,
      "capitalisationShares": {
        "company": "AMZN",
        "date": "2026-06-30",
        "millionShares": 10783,
        "source": "https://ir.aboutamazon.com/news-release/news-release-details/2026/Amazon-com-Announces-Second-Quarter-Results/default.aspx"
      },
      "capitalisationBasis": "16 Oct 2026 quote \u00d7 actual outstanding common shares at 2026-06-30; calculated, not a same-date observed market cap."
    },
    "META": {
      "price": 709.325,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:57:47Z",
      "unverifiedMarketCap": 1820127.95,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies2566m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Second-Quarter-2026-Results/",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "UBER": {
      "price": 70.35,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:50:48Z",
      "unverifiedMarketCap": 144233.32875,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies2050.22m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://investor.uber.com/news-events/news/press-release-details/2026/Uber-Announces-Results-for-Second-Quarter-2026/default.aspx",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "NFLX": {
      "price": 70.53,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:59:13Z",
      "unverifiedMarketCap": 300549.489,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies4261.3m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.sec.gov/Archives/edgar/data/1065280/000106528026000212/nflx-20260630.htm",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "V": {
      "price": 402.61,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:57:06Z",
      "unverifiedMarketCap": 764153.78,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies1898m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.sec.gov/Archives/edgar/data/1403161/000140316126000103/q32026earningsrelease.htm",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "MA": {
      "price": 617.42,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:16:23Z",
      "unverifiedMarketCap": 545181.86,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies883m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.sec.gov/Archives/edgar/data/1141391/000114139126000083/ma-20260630.htm",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "SPGI": {
      "price": 429.64,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:33:42Z",
      "unverifiedMarketCap": 126958.62,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies295.5m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.sec.gov/Archives/edgar/data/64040/000006404026000040/spgi2q2026-earningsrelease.htm",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      },
      "commonEquityValueProxy": 126657.872,
      "capitalisationShares": {
        "company": "SPGI",
        "date": "2026-06-30",
        "millionShares": 294.8,
        "source": "https://www.sec.gov/Archives/edgar/data/64040/000006404026000040/spgi2q2026-earningsrelease.htm"
      },
      "capitalisationBasis": "16 Oct 2026 quote \u00d7 actual outstanding common shares at 2026-06-30; calculated, not a same-date observed market cap."
    },
    "ICE": {
      "price": 161.56,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:58:43Z",
      "unverifiedMarketCap": 91442.96,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies566m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://ir.theice.com/press/news-details/2026/Intercontinental-Exchange-Reports-Second-Quarter-2026/default.aspx",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "ALC": {
      "price": 66.18,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:15:00Z"
    },
    "BN": {
      "price": 36.62,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:15:00Z",
      "unverifiedMarketCap": 60193.642898,
      "auditNote": "Vendor market cap withheld: implied shares disagree materially with the share-count scale in the issuer\u2019s split-adjusted reporting. Do not derive an October cap from rounded diluted averages."
    },
    "QSR": {
      "price": 74.81,
      "marketCap": null,
      "tradeTime": "2026-10-16T23:15:00Z",
      "unverifiedMarketCap": 34412.6,
      "auditNote": "Vendor market cap withheld. Vendor market cap divided by price implies460m shares, exactly the June2026 quarter diluted weighted-average EPS denominator. That is a period-average earnings denominator, not a verified16October common share count. Cap-derived ratios are unavailable unless an explicitly dated share-count proxy is separately shown.",
      "capAuditSource": {
        "url": "https://www.sec.gov/Archives/edgar/data/1618756/000161875626000041/qsr_2026630xpressrelease.htm",
        "location": "Quarterly income statement EPS share denominator; balance sheet where available"
      }
    },
    "HHH": {
      "price": 68.69,
      "marketCap": 4102.237963,
      "tradeTime": "2026-10-16T23:15:00Z"
    }
  },
  "audit": {
    "date": "2026-10-19",
    "status": "Nine additional caps exactly use diluted weighted-average quarterly EPS shares; Microsoft denominator not established. Ten raw caps withheld from calculations; dated actual-share estimates supplied only where supported. BN remains withheld; HHH remains a qualified vendor estimate.",
    "evidence": "site-data-audit.json"
  }
}