Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single
Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single trading session. Is this stock market jitters, or a sign the AI bubble might be about to burst?
Lucy Hough speaks to senior economics correspondent Richard Partington
Extract — continue reading at the source.
Similar stories
3 outlets
See how this story developed, hour by hour
Palestinians, Israelis react after Democrats sweep US midterms
aljazeera.com
04.11.2026
‘This is redemption time’: celebrities react to Democrats’ historic midterms sweep
theguardian.com
04.11.2026
Trump casts blame on others after Democrats sweep midterms
npr.org
04.11.2026
Related stories
US believes Nvidia’s Huang had romantic relationship with alleged Chinese spy
'My mortgage is going up £200': How rising interest rates are hitting people's pockets
US stocks stage tepid recovery after $3.2tn rout fuelled by AI fears
Elon Musk opens the door for a big SpaceX acquisition
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
Voters take their pick in New Zealand’s ‘supermarket election’