Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty. South Korean data centre Elice closed a third below its IPO price despite retail demand exceeding 400 times the allocation, as the KOSPI fell almost 4%. CoreWeave slipped another 3% in pre-market trading. Brent crude topped $111 a barrel amid persistent Middle Eastern concerns. South Korean data centre company Elice’s (0158S0) stock market debut added to nervousness su…
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