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Wall St set for higher open as Democrats win Congress; data center stocks slide

Wall St set for higher open as Democrats win Congress; data center stocks slide

By Shashwat Chauhan and Utkarsh Hathi Nov 4 (Reuters) - US stocks were set for a higher open on Wednesday after Democrats secured sweeping victories in the midterm elections, with investors betting a divided Washington could limit the scope for sharp policy shifts.
ReutersReuters
Wall St slumps as sharp tech losses put Nasdaq on course for correction

Wall St slumps as sharp tech losses put Nasdaq on course for correction

By Shashwat Chauhan and Utkarsh Hathi Nov 5 (Reuters) - US stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data center-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based
ReutersReuters
Trump's midterm drubbing demonstrates the power of data center opponents

Trump's midterm drubbing demonstrates the power of data center opponents

(Corrects to remove reference to specific state results in Goldman Sachs' analysis on data centre outlook in paragraph 14) By Jiaxing Li and Selena Li HONG KONG/LONDON, Nov 4 (Reuters) - Data center opponents were among the biggest winners of the Democrats' landslide victories in the US midterm
ReutersReuters
Analysis-Trump's midterm drubbing demonstrates the power of data center opponents

Analysis-Trump's midterm drubbing demonstrates the power of data center opponents

By Jiaxing Li and Selena Li HONG KONG/LONDON, Nov 4 (Reuters) - Data center opponents were among the biggest winners of the Democrats' landslide victories in the US midterm elections, pointing to a shifting public mood on AI and, investors said, a possible slowdown of the boom that has propelled US
ReutersReuters
AI data-center stocks slide, renewables rally after Democratic US midterm sweep

AI data-center stocks slide, renewables rally after Democratic US midterm sweep

By Purvi Agarwal and Johann M Cherian Nov 4 (Reuters) - Data center stocks slid on Wednesday, while clean-energy shares rallied after Democrats seized control of Congress, prompting investors to reposition for tougher scrutiny of the AI boom and a shift in policy priorities.
USA TodayUSA Today
How Democrat wins in Texas could impact Elon Musk, Tesla and SpaceX

How Democrat wins in Texas could impact Elon Musk, Tesla and SpaceX

A blue wave has crashed over Texas resulting in two historic victories. What do the wins mean for Tesla and its CEO Elon Musk?
ReutersReuters
Nasdaq rebounds as chips stocks recover from steep losses

Nasdaq rebounds as chips stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
ReutersReuters
Nasdaq rebounds as chip stocks recover from steep losses

Nasdaq rebounds as chip stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democrats-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike concerns
TrendlineTrendline
Lucid Motors Stock Surges Post-Election Amid Broader EV Market Shifts

Lucid Motors Stock Surges Post-Election Amid Broader EV Market Shifts

Lucid Motors Stock Surges Post-Election Amid Broader EV Market Shifts
ReutersReuters
Wall Street stocks rally after heavy AI-related selloff

Wall Street stocks rally after heavy AI-related selloff

By Chibuike Oguh and Marc Jones NEW YORK/LONDON, Nov 6 (Reuters) - Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value were wiped out over fears that Democratic election victories this week would bring tighter US regulations for the
ReutersReuters
Nasdaq pares losses as chips recover, rate-hike fears linger

Nasdaq pares losses as chips recover, rate-hike fears linger

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
ReutersReuters
Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

By Noel Randewich and Utkarsh Hathi Nov 5 (Reuters) - The Nasdaq Composite ended sharply lower on Thursday, notching its deepest one-day drop in 19 months and confirming it was in a correction, as chipmakers sank on fears of tougher AI regulation after Democrats won control of the US Congress.