# Why tech stocks plunged after the US midterms

https://mins.news/en/video/132119

- BBC News, 2026-11-06 09:46 UTC
- Economy
- Original: https://www.youtube.com/watch?v=DHWc0uonVbA

> Trillions of dollars in market value disappeared from major tech firms in the US, Europe and Asia after the midterm results fueled fears that AI development could slow. Tech shares tumbled after Democratic victories; some Democratic candidates had campaigned for slower AI development, while investors also questioned whether enormous spending on the technology would pay off.

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