What midterm election blue wave rebuke of Trump means for renewable energy
The conservative war on renewable energy suffered a big loss in the rout of President Trump and the GOP in midterm elections. Investors should pay attention.
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The conservative war on renewable energy suffered a big loss in the rout of President Trump and the GOP in midterm elections. Investors should pay attention.
Anthropic could list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street.
Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.
Trillions of dollars have been wiped off the stock value of major tech firms in the US, Europe and Asia. Investors appear worried about the possibility of an AI slowdown and tougher regulation as Democrats won the midterms in the US. Some of the Democratic candidates had expressed their opposition to the data centres that are needed to power AI technology.
Oil prices fell Friday as investors weighed the risk of renewed Iran war escalation after the midterms, alongside prospects for a diplomatic breakthrough.
Cramer warned that Wall Street may be getting ahead of itself following the midterm elections.
Investors shunned AI stocks and turned to government bonds on Wednesday in the wake of the Democratic Party's takeover of Congress in the US midterm elections. Oil prices meanwhile ticked slightly higher, as uncertainty remains over the direction of US President Donald Trump's war against Iran. Also in this edition, we focus on the central issue of this midterm campaign: the rise in the cost of living.
Treasury yields were last little changed Wednesday as investors weighed big wins from Democrats in the U.S. midterm elections.