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Market strategist warns US stocks may drop 70% from current historic highs, citing bubble risks.

Market News
26 Jun 2026
24/7 Wall Street
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Bearish
pluang ai news

Jeremy Grantham of GMO Asset Management warns that the US stock market is at its most expensive in history, with valuations significantly above long-term averages due to cheap money and investor optimism. He predicts a potential market decline closer to 70%, worse than typical corrections, though timing is uncertain and could range from weeks to years. Grantham compares the current market to the 2000 tech bubble, noting similar overinvestment driven by excitement around transformative technologies like AI. Investors should consider this a cautionary perspective rather than an immediate forecast, as markets can remain overvalued for extended periods before correcting.

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Kyivstar and Ukraine's Ministry sign MOU to build sovereign AI data center boosting digital economy.

Kyivstar and Ukraine's Ministry sign MOU to build sovereign AI data center boosting digital economy.

Kyivstar, part of VEON Group, signed a Memorandum of Understanding with Ukraine's Ministry of Economy to develop a sovereign AI-ready data center. This initiative aims to enhance Ukraine's digital infrastructure, secure sensitive data within the coun...

Market News
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36 minutes ago
Peec AI forms expert team to decode how AI tools like ChatGPT recommend brands and boost visibility.

Peec AI forms expert team to decode how AI tools like ChatGPT recommend brands and boost visibility.

Peec AI has assembled a team of SEO experts and AI researchers to understand how AI platforms like ChatGPT, Perplexity, and Google's AI Mode select and recommend brands. This team uses reverse-engineering and experimental analysis to decode the opaqu...

Others
Neutral
2 hours ago
Global LIMS market to reach $5.19B by 2030, driven by automation, cloud adoption, and AI integration.

Global LIMS market to reach $5.19B by 2030, driven by automation, cloud adoption, and AI integration.

The global Laboratory Information Management Systems (LIMS) market is projected to grow from $2.88 billion in 2025 to $5.19 billion by 2030, at a CAGR of 12.5%. Growth is fueled by rising demand for laboratory automation, regulatory compliance, and d...

Market News
Bullish
2 hours ago
Global protein ingredients market to hit $121.53B by 2031, driven by demand for functional and high-protein foods.

Global protein ingredients market to hit $121.53B by 2031, driven by demand for functional and high-protein foods.

The global protein ingredients market is projected to grow from $83.14 billion in 2026 to $121.53 billion by 2031, at a CAGR of 7.9%. Growth is fueled by rising consumer demand for functional and high-protein foods, increased awareness of protein's h...

Market News
Bullish
3 hours ago
Cate & Chloe offers 18k gold-plated crystal earrings at $16.99 in Walmart's Summer Deals Event.

Cate & Chloe offers 18k gold-plated crystal earrings at $16.99 in Walmart's Summer Deals Event.

Cate & Chloe is participating in Walmart's Summer Deals Event from June 22 to June 28, offering its Eden 18k White Gold Plated Crystal Stud Earrings at a discounted price of $16.99, down from $77. This sale highlights the brand's focus on affordable ...

Market News
Bullish
3 hours ago
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