Korean retail investors heavily oversubscribed the Kosdaq IPO of AI infrastructure firm Elice by over 400 times, showing massive demand. However, the stock fell 32% on its first trading day, dropping from its IPO price of 90,500 won to an intraday low of 61,400 won. This decline reflects broader market skepticism about AI infrastructure stocks amid rising borrowing costs and volatile sentiment, despite Elice's strong revenue growth and profitability. The IPO raised $151 million to fund expansion, but investors remain cautious, impacting related GPU cloud companies like CoreWeave and Nebius. Future performance will depend on how these companies manage financing costs and market sentiment.
The AI infrastructure sector shows mixed signals on Pluang, with CoreWeave up 2.83% at USD 62.85 and Nebius Group nearly flat at USD 170.29. Investor interest leans positive, as seen in a 66% buy activity for CoreWeave and 84% for Nebius. These figures are current as of Oct 20, 2026 23:31 WIB.
CoreWeave, a company building AI infrastructure with heavy borrowing, faces rising interest expenses amid climbing rates. Despite strong revenue growth and a $104 billion backlog, its interest costs already exceed operating profits, with debt reachin...
CoreWeave's stock dropped to its lowest in 2026 due to rising debt costs and interest rate fears, falling 23.85% in a week and down 55.34% over the past year. Despite this, analysts remain bullish, with an average price target of $140.58, implying a ...
CoreWeave's stock fell 4% following HSBC's reiteration of a bearish rating due to concerns over the company's heavy reliance on debt financing and rising borrowing costs. Rival Nebius also dropped 5%, reflecting broader pressure on debt-funded AI clo...
Tech stocks, including CoreWeave, SpaceX, Netflix, IREN, and AMD, declined due to renewed worries about artificial intelligence spending. This drop comes just before Netflix is set to release its fiscal third-quarter earnings, with shares already dow...
Nebius (NBIS) is recommended as a 'Strong Buy' due to its cautious capital spending and stable growth, especially compared to CoreWeave's debt challenges. NBIS's capital expenditure plan is significantly smaller, supporting a healthier balance sheet ...
