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Why pollsters underestimated the size of the Democrats’ US midterm ‘blue wave’
Unpredictable electorates can lead to overcorrecting after presidential elections
GLOBAL NEWS WIRE
134 articles · newest reporting from independent and international publishers
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Los Angeles elects democratic socialist Nithya Raman as mayor
Win follows Zohran Mamdani’s rise in New York and resounding victories by other progressives in Washington and Providence
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Wall Street sheds $3.2tn as Democratic midterm sweep triggers brutal AI rout
Tech-heavy Nasdaq 100 tumbles 6.4% in day of chaotic trading
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Will Democrats stall the AI boom?
Newly elected officials have pledged to curb data centre construction, rattling the trade that has powered US stock markets
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Wall Street mega-donors clobbered by Democratic sweep
Top hedge fund managers and private equity executives spent more than $300mn on Republican campaigns to little or no effect
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Tech leaders need an urgent rethink of their political strategy
America’s data centre backlash is emblematic of AI anxiety and a scepticism of the industry’s power and wealth
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So, about that Anthropic IPO . . .
A dispatch from the trenches of daily market commentary
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AI backlash threatens trillion-dollar data centre boom, say tech leaders
Executives at FT’s Future of AI summit admit tech industry has fuelled hostility towards its own expansion
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Markets live: US tech stocks slide in wake of Democrats’ midterm win
AI trade remains in the spotlight as investors weigh possible impact of ‘blue wave’ on sectors favoured by Trump administration
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European stocks approach all-time high on Democratic sweep
Investors bet scale of Republican defeat in US midterms will restrain White House policymaking that has weighed on markets
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Wall Street bets Democratic sweep will empower moderates in Washington
Investors expect midterm election to restrain sway of extremes in American politics
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Democrats look to reshape America after historic midterm victories
Party promises dramatic change in the wake of its ‘blue wave’
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A&O Shearman invests $1.1bn in AI
The ‘magic circle’ firm has told lawyers each practice area must commit at least 3% of billable time to creating AI tools
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Microsoft rejects multibillion-dollar AI deal with UK’s Nscale
Fresh blow ahead of start-up’s IPO as tech giant turns down option to more than double Texas data centre contract
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UBS slashes spending on consultants as Credit Suisse project winds down
Swiss bank cuts external advisers’ bill by more than $800mn and axes 5,500 jobs as integration nears completion
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Russia deepened Iran support with missile launcher deal
Moscow increased military aid for Tehran despite strains from Ukraine war
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Morning in America, twilight in the markets
Astonishing midterm election results will not repeal the turn of business and financial cycles
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Republicans paid the price for Trump’s failed policies
The president promised — but did not deliver — more manufacturing jobs and higher employment rates for native-born Americans
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The next US presidential race has begun
The Republicans and Democrats positioning themselves for a run at the Oval Office in 2028
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Chipmakers lead Asian stocks lower on post-midterm AI fears
Concerns mount that Democratic control of Congress will slow data centre build-out
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US midterm results herald upheaval in Middle East policy
American voters — including vice-president JD Vance — want an end to Trump’s Iran war and Washington’s proximity to Israel
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Democratic wave keeps US wealth taxes on the agenda despite California setback
Proposition 40 billionaire tax set to be defeated in a rare victory for mega-donors in the US midterms
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‘The money didn’t work’: Big Tech’s $600mn midterm campaign falls flat
Elon Musk rebuked as anger at AI and Silicon Valley fuels support for Democrats
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‘Rupert does not want to be with a loser’: Murdoch’s media empire cools on Trump
Fox News hosts question Iran war strategy while New York Post has ‘Blue Tsunami’ on front page after Republicans’ defeat
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