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US Futures Slip as Neocloud IPO Elice Flops, SpaceX Results Loom

Bloomberg Markets·October 20, 2026·1 min read

Nasdaq futures slipped Tuesday as AI sentiment turned cautious after South Korean neocloud firm Elice Inc.'s IPO flopped. Investors now await SpaceX results due later this week. The pullback follows a stretch of AI-driven gains, and traders are watching whether the neocloud sector's weak debut signals broader cooling in artificial-intelligence infrastructure demand.

Read at Bloomberg Markets
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