Equity Monday: Market pessimism, new iPhones, and IPOs
Sep 13, 2021
Investors are showing signs of pessimism, anticipating a potential stock market correction between 5% and 10%. China is ramping up its regulatory efforts, possibly breaking up Ant and questioning the number of EV companies. The Apple v. Epic legal battle continues to spark discussions. Exciting news includes upcoming IPOs from Forge and recent fundraising by Babyscripts. Plus, there’s an intriguing look at investment trends across Southeast Asia and the ongoing effects of the pandemic on book sales.
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insights INSIGHT
Market Pessimism on the Rise
Market pessimism is rising, with many expecting a stock market correction.
This pessimism impacts company valuations globally.
insights INSIGHT
China's Regulatory Actions
China's regulatory actions continue, potentially forcing Ant Group into further restructuring.
The government also anticipates consolidation in the country's electric vehicle market.
insights INSIGHT
Apple v. Epic Games Ruling
The Apple v. Epic Games ruling has significant implications beyond the immediate legal outcome.
MG Siegler suggests this decision will accelerate reforms within the App Store ecosystem.
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This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here. I also tweet.
Vacation was good, and a big thanks to Mary Ann and Natasha -- not to mention Grace and Chris! -- for keeping things flowing while I mostly sat around reading books and playing video games. But enough being maudlin! To the news!
Investors are kinda thinking that the run-up in stocks needs to take a breather. And that the reset could land between 5% and 10%, with another 10% of respondents expecting a correction of more than 10%. Yowza.
China may break up Ant, keeping the pace of its regulatory deluge going as this week starts. And the Chinese government thinks that its country has too many EV companies. If the market or central planning will wind up taking point on solving the "problem" is not clear.
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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