Stocks plunge over AI restriction fears as Democrats win control of Congress
The stock market sank Thursday after a post-midterm rally amid fears of new AI restrictions under Democrats. CBS News' Brooke DiPalma and Natalia Brand break it down.
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Fox News bests MS NOW, CNN as most-watched cable news network on 2026 midterm election night
Fox News Channel led all cable news networks on midterm election night as Democrats swept both the House and Senate in a historic blue tsunami.
BBC NEWS — TECHNOLOGY TECHNOLOGY
The engine parts that 'fight the laws of the universe'
Investment has surged into the making of jet turbine blades - an extremely difficult component to make.
BLOOMBERG CORPORATE ACCOUNTABILITY
AI Rout Deepens, Rubio Tells NYT He Will Stay, More
Source: Bloomberg, 0:00
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Korean Chip Stocks Sink 10% in Pre-Market as AI Fears Deepen
South Korean chip stocks plummeted in pre-market trading, auguring a painful day for the region as fears deepened over how the Democrat sweep of Congress could slow AI infrastructure expansion.
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Bloomberg Businessweek Daily Podcast: AI Rout Rattles Markets
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that…
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Bloomberg Businessweek Daily: AI Rout Rattles Markets (Podcast)
Source: Bloomberg, 0:00
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Japanese Equities Set to Plunge as AI Selloff Continues
Japanese equity futures are pointing to declines following a tech stock rout in the US as investors exited the sector over concerns about the artificial intelligence trade after a Democratic sweep of both chambers of Congress in the US…
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Allen Says AI Buildout Already Underway Will Continue
Allen Says AI data-center projects already underway are unlikely to be disrupted by growing political scrutiny and will bring tens of gigawatts of new compute capacity online over the next 18 months. Allen says 2027 and 2028 will see…
Jim Cramer says the AI sell-off isn't over, but it isn't another dot-com crash
Cramer warned that the sell-off in AI stocks likely has further to run.
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AI Washout Rattles Equities, NYT: Rubio Plans to Stay, More
Source: Bloomberg, 0:00
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Tiger Global, Whale Rock Battered by AI Fears in Painful October
Tiger Global Management and Whale Rock Capital Management were among stock-picking hedge funds that were pummeled last month as concerns over AI investments roiled markets.
Holiday hiring and AI in focus with October jobs report on deck
A lukewarm job market may have picked up some steam last month, although slowing wage growth and the impact of AI remain big concerns.
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Sarah Bianchi on Market Reaction To Midterm Elections
Amid a sharp market selloff and a steep drop in semiconductor stocks, Sarah Bianchi discusses concerns that the US midterm election results could lead to tighter constraints on AI infrastructure. She expects delays and says some…
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Markets Are Reevaluating AI 'Speed Limit,' Schwab's Sonders Says
Liz Ann Sonders, chief investment strategist at Charles Schwab, says investors are reassessing the financial burden on hyperscalers, including their use of credit and equity financing, and whether returns on investment justify the cost of…
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Bloomberg Businessweek Daily: Propane's AI Power Play (Podcast)
Source: Bloomberg, 0:00
Google, Meta and TikTok sue California over its child safety laws
In separate lawsuits, the firms said the law violates the US Constitution's First Amendment free speech protections
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Blue Owl Sees Gains as Election Results Limit AI Compute Supply
Blue Owl is telling investors that it expects to earn more on its digital infrastructure deals as capital becomes scarcer while warning that a Democratic sweep in the US midterm elections could make it harder to add computing capacity.
Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge
Here are the most breathtaking statistics from the major stock sell-off on Thursday.
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Stocks Dip on Massive Chip Selloff
Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn skeptical on the artificial intelligence trade after the Democrats dominated the midterm elections. A team of Bloomberg experts help break…
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Asian Stocks Brace for Selloff as AI Rout Deepens: Markets Wrap
Asian stock futures pointed to steep losses on Friday as a post-election rout in chipmakers deepened on Wall Street on growing concerns that Democrats will seek tighter regulation of the artificial intelligence industry.
AI stocks have slid in aftermath of the midterms. What does it mean for your 401(k)?
With AI companies now making up half of businesses in the S&P 500, The Independent explores how a rattled stock market could have consequences for Americans’ personal finances