AI Jitters Return as Elice Flops on Debut; Merz Issues Russia Warning

Bloomberg Daybreak Europe kicked off with a focus on the return of AI jitters after South Korean data center firm Elice flopped on its stock market debut. Shares fell as much as 35% following its IPO, which raised $151 million. The weak performance reignited concerns about the sustainability of the AI investment boom and its impact on global markets. The show also covered German Chancellor Friedrich Merz’s warning about Russia’s destabilizing activities in Europe. Merz cautioned against complacency, stating that President Vladimir Putin aims to undermine democracies across the continent. The warning comes amid ongoing geopolitical tensions and highlights the need for vigilance. Additionally, the program provided overnight market updates from the US and Asia, setting the agenda for European investors. With AI jitters and geopolitical risks in focus, the day ahead promises to be eventful for traders and analysts alike. Bloomberg Daybreak Europe delivers essential insights to help viewers navigate the complexities of the global economy.