Nasdaq Hits Record High, Growth Concerns & Inflation Struggles

Market Wrap (FactSet Data & CNBC)

Highest Number Of S&P 500 Companies Citing “AI” On Earnings Calls Over Past 10 Years (FactSet)

Fed’s Bostic Says Policy Is Taking Longer to Slow Growth (Bloomberg); Janet Yellen says many Americans still struggling with inflation (FT); University of Michigan Consumer Sentiment Report (Univerity of Michigan)

Eli Lilly to invest another $5.3 billion in Indiana plant to expand Mounjaro, Zepbound supply (CNBC)

Tesla slashes Model Y production in Shanghai, data shows (Reuters)

SEC approves ether ETFs, signaling change for crypto in the U.S. (Axios)