The Zhitong Finance App learned that on Tuesday, cloud computing service provider concept stocks generally fell. IREN Ltd (IREN.US) fell nearly 6%, CoreWeave (CRWV.US) fell nearly 4%, Nebius (NBIS.US) fell more than 2%, and Hut 8 (HUT.US) fell more than 1%. According to the news, on October 20, the stock price of Korean AI data center company Elice fell more than 30% on the first day of listing, increasing investors' concerns about AI infrastructure valuation and return on investment, putting pressure on data center and technology stocks.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that on Tuesday, cloud computing service provider concept stocks generally fell. IREN Ltd (IREN.US) fell nearly 6%, CoreWeave (CRWV.US) fell nearly 4%, Nebius (NBIS.US) fell more than 2%, and Hut 8 (HUT.US) fell more than 1%. According to the news, on October 20, the stock price of Korean AI data center company Elice fell more than 30% on the first day of listing, increasing investors' concerns about AI infrastructure valuation and return on investment, putting pressure on data center and technology stocks.