The main driver at the moment is inflation and interest rates. Money is getting expensive and rather than betting on tech the returns of keeping funds on the bank are increasing. Thus these companies need to start earning money as the money taps are being switched off.
The main driver at the moment is inflation and interest rates. Money is getting expensive and rather than betting on tech the returns of keeping funds on the bank are increasing. Thus these companies need to start earning money as the money taps are being switched off.