Markets · 1 sources covering this

AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan Schiessl

Global tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schiessl. While a "blowoff top" phase was evident, US earnings remain strong, offering some support. The real concern is rising global capital costs, which could impact data center funding. Notably, India is surprisingly insulated from this selloff due to its limited direct AI exposure.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan Schiessl
Global tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schiessl. While a "blowoff top" phase was evident, US earnings remain strong, offering some support. The real concern is rising global capital costs, which could impact data center funding. Notably, India is surprisingly insulated from this selloff due to its limited direct AI exposure.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/17a8de25cc7134c6efd187a15c59daf4147b5053"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan Schiessl"></iframe>

AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan Schiessl

How 1 sources are covering this