The AI bubble has further to run despite the looming crash | Phillip Inman

The AI bubble has further to run despite the looming crash | Phillip Inman

The AI bubble has further to run despite the looming crash | Phillip Inman

https://www.theguardian.com/business/2026/jun/27/ai-bubble-crash-tech-firms-stock-markets

Publish Date: 2026-06-27 11:04:00

Source Domain: www.theguardian.com

  • Many experts warn about an impending market crash as stocks reach historically high levels, despite these warnings often proving inaccurate as markets continue to rise.
  • Concerns focus particularly on the S&P 500 and Nasdaq, driven by tech giants known as the Magnificent Seven: Amazon, Alphabet, Nvidia, Meta, Microsoft, Apple, and Tesla.
  • Investor confidence is increasingly focused on the fear of missing out (FOMO) rather than potential risks, such as increased corporate borrowing and geopolitical tensions.
  • Despite warnings from experts like Ludovic Subran, Jeremy Grantham, and Dhaval Joshi, market indices continue to soar, partly due to global savings seeking investment opportunities.
  • The market’s current state is seen as a potential bubble with high concentration of equity in a few large companies, suggesting a high risk in the future.
  • Although a market crash is expected eventually, no definitive trigger is identifiable, and efforts in financial markets are aimed at prolonging the current boom.