A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says

Stocks, particularly chip stocks, have declined as investors reassess AI trade positions following a Chinese AI model's release. Fundstrat Global Advisors cofounder Tom Lee predicts a rebound, citing healthy volatility and long-term AI sector potential. South Korea's Kospi index collapsed 27% amid margin calls, impacting global markets.