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 correction described as a blowoff top phase, according to Westminster Asset Management's Jonathan Schiessl. While rising global capital costs could pressure data center funding, strong US earnings provide some support to the sector. India remains surprisingly insulated from the AI-led selloff due to its limited direct exposure to the technology.