‘Another dot-com bubble?’ How OpenAI, Anthropic IPOs could pressure stocks in 2027

What happened: Paul Tudor Jones said 2027 could be very difficult for US stocks, citing big technology IPOs including Anthropic and OpenAI, rising equity supply, and fiscal deficits. Key numbers: Jones put odds at 60-40 that markets are moving toward forcing deficit action. He expects oil could rise $20 to $25 after the US midterm elections. Why it matters: He compared the market to 1999 before the dot-com bust and said he will be short the whole year, citing little value and a negative flow picture.

OpenAI and Anthropic IPOs could pressure stocks by 2027, echoing dot-com bubble concerns.

OpenAI and Anthropic IPOs could pressure stocks by 2027, echoing dot-com bubble concerns. — impact context not separately stored; see What changed.