Despite Tech Stocks Rally, VC Investors Aren't Sure Markets Are Stable
Global VC spending in the second quarter sank 49% annually, as macroeconomic trends and an inactive IPO market kept investors away.
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Global VC spending in the second quarter sank 49% annually, as macroeconomic trends and an inactive IPO market kept investors away.
While Apple's stock returned 45% year-to-date, cruise line operator Royal Caribbean strongly outperformed the tech giant, offering returns of 109%.
Stocks have more downside on the way, as the economy has yet to tip into recession or see any interest rate cuts from the Fed, Wells Fargo said.
Grantham originally estimated an 85% chance the market was in another bubble on the verge of bursting.
Investors are looking for the next "juicy" trade in the AI-led tech rally, according to Vanda Research.