
From high-flying AI stocks to tariff-hit alcohol companies, the midterms shook up Wall Street
NEW YORK (AP) — The overwhelming victory by the Democrats in the midterm elections shook up Wall Street this week. The biggest tremors were felt in shares of companies tied to the boom in artificial intelligence on concerns that a Democratic Congress will put the brakes on further development of data centers. Defense and oil companies fell on expectations Democrats would push for an end to the U. S. -Iran war, which would likely lower energy prices. Meanwhile, hospital shares rose on the for...
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- Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined
- From high-flying AI stocks to tariff-hit alcohol companies, the midterms shook up Wall Street
- House Democrats will start their majority focused on boosting healthcare and ending the Iran war
- Teslas Cybertruck heads for an exit after years of hype and division
- Carney welcomes Democrats push to end Trumps tariffs on Canada after midterm victory
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