Stat 2.4 – Monthly Data Dive of 10 essential charts shaping the markets

From AI-led spending to shifting market structures and early cyclical signals, here are a few trends that stood out:

• AI platforms are seeing improving retention, with ChatGPT leading at ~75%.
• Technology spending is accelerating sharply, with IT services spend up 33.4% YoY.
• US equity trading volumes have doubled since 2023, driven by retail and algorithmic flows.
• S&P 500 company tenure has fallen to just 15 years, reflecting faster creative destruction.
• Truck rentals are trending upward, signalling improving demand in the CV cycle.
• Government capex is shifting toward defence and state loans, while roads and railways lose share.
• Real estate pre-sales growth has moderated after a high base, indicating a potential slowdown.

Also in the deck:
– US software valuations have slipped below the broader market for the first time since the GFC.
– A growing share of tech budgets is now being allocated to AI.

 

Swipe through the full deck for charts, data, and our sources.
You can also download the PDF file by clicking here