Pressure in Silicon Valley
In recent months, the news from the technology hub has been rather grim; reduced annual profits, increasing pressure from regulators and rising costs in value chains. Stock prices came under pressure, with the technology-heavy Nasdaq® (-33%) ending the last year 14% worse off than the broader S&P 500® (-19%). The big tech companies are reacting with cost-cutting measures, news of layoffs is doing the rounds.
Return Potential
Improving cost efficiency could boost their stocks again. Slowing inflation, normalization of supply chains, and the economic potential of various AI technologies also seem to have encouraged investors - since early 2023, the biggest tech stocks have been moving in an upward channel again.
Yield enhancement products allow interested investors to generate attractive coupons while benefiting from the risk mitigating features of these products.
Type | Valor | Underlyings | Coupon p.a. | Barrier | Duration (m) | Currency | Subsciption until |
BRC | 125288487 | Tesla, Meta Platforms Inc, NVIDIA Corp | 20.00% | 49% | 12 | USD | 09.03.2023 |
BRC | 125288488 | Tesla, Meta Platforms Inc, NVIDIA Corp | 16.50% | 49% | 12 | CHF | 09.03.2023 |
BRC | 125288490 | Microsoft, Alphabet, Amazon | 12.00% | 59% | 12 | USD | 13.03.2023 |
Disclaimer
This communication is for marketing purposes. It is neither an offer nor an invitation to submit an offer, to purchase or to subscribe to securities and does not constitute investment advice. You should consult your advisors before making an investment decision.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, development or performance of the issuer to be materially different from any future results, financial condition, development or performance expressed or implied by such statements.
The present document has not been drawn up by the research department as defined in the rules of the “Directives on the Independence of Financial Research” published by the Swiss Bankers Association, hence these rules do not apply to this document.
If securities are mentioned in the communication, the base prospectus, the final terms and any key information document may be obtained free of charge from Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, VRIS, and from www.zkb.ch/finanzinformationen.