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EconomyBig Tech shares surge as traders bet Democrats will curb AI spending

US technology giants led the market higher on Wednesday. Investors wagered that a Congress controlled by Democrats would slow the massive AI spending that is consuming free cash flow.

US stockstechnology sharesAI spending

BBloomberg News★★☆☆☆2026-11-04 23:45Original

Big Tech shares surge as traders bet Democrats will curb AI spending
Big Tech shares surge as traders bet Democrats will curb AI spendingEconomy