The Robotics & Automation Index (ROBO) declined 23% in Q2, leaving best-in-class robotics and automation shares 38% under their all-time excessive in November 2021. The Synthetic Intelligence Index (THNQ) was down 28%, and the Healthcare Expertise & Innovation Index dropped 21%. Valuation multiples have compressed beneath the load of rising inflation, geopolitical dangers, and fast macro shifts. This leaves the valuations of the ROBO World indices properly under long-term historic averages. On this report, we talk about main traits and large movers throughout our innovation portfolios.
