Jefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, crowded positioning and upcoming mega IPOs. While AI spending remains strong, concerns over valuations, liquidity shifts and uncertain returns suggest increased volatility in global technology stocks.

Software is sliding, China is selling off and Apollo and KKR are flashing warnings. AI bubble fears are spreading just as SpaceX preps a record IPO.

Explore potential market corrections from the AI boom and discover an investment strategy to find safety amidst uncertainty. Read more at straitstimes.com. Read more at…