In its Q2 2026 investor letter, Prosper Stars & Stripes stated that the ongoing investment boom in AI is crowding out spending in other areas, leading to cost pressures on technology components like DRAM. The fund believes this will result in higher prices for consumer electronics, significantly impacting back-to-school and holiday spending, and expects Logitech's forecasts to be optimistic. The fund also noted that the K-shaped economy continues to squeeze discretionary purchases, making it difficult to stimulate sales with discounts.