Macro Finance
AI Fears Roar Back, Tech Earnings on Deck
Bloomberg Markets·October 20, 2026·1 min read
A rebound in the AI trade sputtered after the dismal debut of South Korean data center firm Elice Inc., reviving concerns about the technology's spending boom. Seoul's Kospi Index fell 3.8% on weakness in Samsung Electronics and SK Hynix. Elice suffered the worst opening day for a sizable company despite an IPO 400 times subscribed.
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