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return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days ago

Stock futures fall as Democrats win big in midterms with traders betting they slow data center buildout

www.cnbc.com

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Stock futures fall as Democrats win big in midterms with traders betting they slow data center buildout

www.cnbc.com

return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days ago
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Dow soars 1,500 points for best day since April 2025 on clear-cut Democratic win, falling oil: Live updates
www.cnbc.com
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Stocks ripped higher on Wednesday after a decisive victory by Democrats in the U.S. midterm elections removed political risk that was hanging over Wall Street.
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  • moodoovoodoo@lemmy.world
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    2 days ago

    Uh?

    • chilicheeselies@lemmy.world
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      1 day ago

      If you own chip stocks, they all sank. If you own “boring” companies, they all had gains. It’s just realignment. Also people like me who were holding cash because shit was too wild

    • 🇸‌🇵‌🇪‌🇨‌🇺‌🇱‌🇦‌🇹‌🇪‌🇷‌@lemmy.world
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      2 days ago

      Lmao, I was going to say. The market is big up this morning.

      • themachinestops@lemmy.dbzer0.com
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        2 days ago

        It fell then went backup again, probably algorithms reaction to the news.

      • nullspace@lemmy.world
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        2 days ago

        “Things are good, but our owners demand we frame the Democrats negatively in the headline”

  • _stranger_@lemmy.world
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    2 days ago

    Let me fix that headline “Idiots mad that adults came home”

  • betanumerus@lemmy.ca
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    2 days ago

    Also: “Dow rallies 1,300 points as political risk eases after resounding Democratic victory in U.S. midterms: Live updates”

    https://www.cnbc.com/2026/11/03/stock-market-today-live-updates.html

    🤣

  • Jaysyn@lemmy.world
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    2 days ago

    The Dems don’t have to slow anything down, shitty AI economics are already doing that.

    They won’t be getting that bailout they were hoping for though.

  • mHtt@lemmy.ca
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    2 days ago

    wheres my free 5090?

    • ExcessShiv@lemmy.dbzer0.com
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      2 days ago

      At the end of the rainbow, along with your free/tax paid healthcare and education.

    • jumping redditor [they/them]@sh.itjust.works
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      2 days ago

      at the end of the investment-bow

  • adarza@lemmy.ca
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    2 days ago

    for state or local restrictions, they’ll just build elsewhere. as far as nationwide–very unlikely that anything happens. controlling congress don’t mean jack unless you also have the white house, or it’s a super majority that can tell an ‘uncooperative’ president ‘fuck you, we’re overriding your vetoes’.

    • roofuskit@lemmy.world
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      2 days ago

      At this point they don’t need to peel too many Republicans off to get 2/3rds. The big problem is any win they secure Trump will take credit for.

      I would not be surprised if some Republicans in congress suddenly decide they don’t want to go off the cliff with Trump and stop doing everything he says.

      • shalafi@lemmy.world
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        2 days ago

        Made much the same comment earlier about impeachment. None of these people are stupid. They know damned well Trump’s dying of dementia and can’t be on camera too much longer. They also know that the death of the cult leader ends MAGA. I’m expecting defections here and there.

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