The Effect of Silicon Valley Bank's Collapse
Silicon Valley Bank's collapse will have widespread impact throughout the global economy. But, SVB's collapse will have the greatest impact on tech stocks who held a lot of cash with the bank. For example Silicon Valley Bank's failure due to bank runs will impact Rocket Lab (RKLB stock), Roku (ROKU stock), Circle, Roblox (RBLX stock) and many others.
So what are some of the potential outcomes of this event and how much will be lost for those with deposits at Silicon Valley Bank (SVB) - that is what I will discuss in today's video with some emphasis on Rocket Lab (RKLB), Roku and Roblox stocks.
Disclaimer:
I am not a financial advisor, please do your own research before making any investment decisions, these are at your own risk.
Sources:
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https://wolfstreet.com/2023/03/11/svb...
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https://www.reuters.com/world/uk/mood...
https://www.ft.com/content/6943e05b-6...
https://www.standard.co.uk/business/w...
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