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From high-flying AI stocks to tariff-hit alcohol companies, the midterms shook up Wall Street

From high-flying AI stocks to tariff-hit alcohol companies, the midterms shook up Wall Street

The overwhelming victory by the Democrats in the midterm elections shook up Wall Street this week

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

AI stocks keep falling, as oil prices and bond yields steady following their post-election slides

AI stocks keep falling, as oil prices and bond yields steady following their post-election slides

U.S. stocks are mixed, as AI chip companies fall again while AppLovin and Tapestry rally after reporting stronger profits than analysts expected

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.

Morning Bid: Out of the blue

Morning Bid: Out of the blue

By Anna Szymanski Nov 6 (Reuters) - Markets had long been pricing in a "blue wave" in the United States midterm elections, but what they got was a deluge as Democrats regained control of the House and Senate in decisive fashion.

AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Opposition to artificial intelligence data centers was part of midterm races across the U.S., with campaigns featuring them in hundreds of millions of dollars' worth of TV ads and many winners pledging to clamp down on the energy-hungry behemoths

Democrats' election win spooks AI investors, hammering stocks

Democrats' election win spooks AI investors, hammering stocks

(Corrects story to fix grammar in the headline) By David Lawder, Steve Holland and Noel Randewich WASHINGTON, Nov 5 (Reuters) - Democrats' sweeping midterm election victory unleashed a rout of tech stocks on Thursday, with investors worried the party will use its gains in state capitols and the US

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

Data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Opposition to data centers was part of midterm races across the U.S., with campaigns featuring them in hundreds of millions of dollars' worth of TV ads and many winners pledging to clamp down on the energy-hungry behemoths

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

Latino, Black, Muslim, Native: Voters chose diversity in midterm election

Latino, Black, Muslim, Native: Voters chose diversity in midterm election

Voters reshaped the Senate and House with candidates from a diverse tapestry of racial, ethnic, religious and cultural backgrounds

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