U.S. Stocks on the Move | Cloud Computing Service Provider Concept Stocks Broadly Decline; IREN Ltd (IREN.US) Falls Nearly 6%

Zhitong Finance APP has learned that on Tuesday, cloud computing service provider concept stocks fell broadly, with IREN Ltd (IREN.US) down nearly 6%, CoreWeave (CRWV.US) down nearly 4%, Nebius (NBIS.US) down more than 2%, and Hut 8 (HUT.US) down more than 1%. On the news front, on October 20, South Korean AI data center company Elice fell more than 30% on its first day of trading, intensifying investors' concerns about AI infrastructure valuations and returns on investment, putting pressure on data center and technology stocks.