12 June 2023
Monthly Market review – Download Article
A month which began with the collapse of another large bank in the US, First Republic, and dramatic falls in the
share prices of several other regional banks, ended with the euphoria of the rapidly unfolding AI boom reflected
in extraordinary share price gains for the major beneficiaries, most notably Nvidia, whose share price gained
36% in May, taking its return YTD to 160% and a market cap of $1trn
