EconomyTech giants lose $1 trillion in a day after Democrats’ midterm victory
Trillions of dollars in stock value have been wiped from major technology firms in the US, Europe and Asia. Investors appear concerned about a possible slowdown in AI and tougher regulation after Democrats won the US midterms; some Democratic candidates had opposed the data centres needed to power AI.
Tech giants lose $1 trillion in a day after Democrats’ midterm victory
Economy