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Around this time last year we noted an event cluster was forming around the AI darling, meaning they were participating in nearly every large tech and AI event during the very busy Spring conference season.
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Q1 earnings season winds down with mixed retail results, but promising economic data.
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With the bulk of Q1 earnings reports in the bag, the focus shifts to reading between the lines at corporate conferences.
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The post-peak LERI reading came in at 157, showing US CEO uncertainty remains high.
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As stock splits sour and IPO activity remains light, executives might continue to seek to add value through crafting spin-offs.
Read MoreQ1 earnings continue to come in better-than-expected, pushing the overall S&P 500® EPS growth to 5.0%.
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First-quarter earnings have verified well thus far, but rate-sensitive industries continue to face headwinds.
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Markets finally turned positive late last week due to better-than-expected results from big tech.
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