# AI stocks plunge after midterms as Canada makes major data-centre bet

https://mins.news/en/video/133359

- Global News, 2026-11-06 23:15 UTC
- Economy
- Original: https://www.youtube.com/watch?v=_c4gx8SSHt0

> Thursday was the U.S. stock market’s worst trading day in nearly two years, with tech and AI shares leading a sell-off that wiped out trillions of dollars. The decline followed Democratic victories in the House and Senate; many winning candidates had campaigned against data-centre expansion. Canada unveiled a budget the same day promoting capacity-building for the global AI economy and support for major investments.

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