Plan sponsors that focus on health and wealth are often more likely to implement other benefits that they would not have been considered before, including life insurance, supplemental health benefits, and executive and retiree medical and retirement benefits, Caldwell added.
A new study from Cerulli Associates and Invesco finds that North American institutional asset owners have nearly doubled their exchange-traded fund holdings over the past five years — a transformation that is no longer about experimentation and is increasingly about building the core of a portfolio.
What the market latched onto was the combination of margin expansion that defied expectations, a free cash flow figure that turned what analysts thought would be a deficit into a surplus, and a series of operational milestones like the robotaxi expansion that reinforced the narrative of a company executing on its autonomous and AI ambitions.