Nasdaq plunges 5.5% on AI rout after Democratic midterm sweep
Published 2 d ago3 sourcesEvidence: Reported
Democratic midterm victory prompts analysts to warn of regulatory clampdown on AI data centres, potentially stalling up to 30% of planned US facilities. Wall Street cut Big Tech infrastructure spending forecasts, though actual policy changes remain uncertain. This marks a shift in political risk for the AI buildout, previously seen as bipartisan.
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