After spending more than $440 million on the midterms, the Tesla CEO will face a very different reception when Democrats control Congress.
Results for “democrats flip”
The stock market surged Wednesday morning after Democrats were projected to take control of Congress after decisive wins in battleground states. Kelly O'Grady breaks it down.
Democrats' midterm victories draw mixed reactions from Wall Street and business executives over AI infrastructure, regulatory risks, market stability and travel.
Plus, newly empowered House Democrats are already preparing to call AI executives to testify under oath.
For nearly two years, Wall Street firms and startups have enjoyed a sweeping deregulatory agenda from President Donald Trump that relaxed post-financial crisis rules and boosted nascent industries.
Investors are already picking the winners and the losers after Democrats glided to a landslide victory in the midterm elections.
Bank stocks led European markets higher as a landslide victory for Democrats in the US midterm elections removed some of the uncertainty that has weighed on stocks in recent weeks, while lower bond yields also provided a boost.
Wall Street finds reasons to cheer the Democrats’ sweep. Plus: Microsoft’s AI-era buyouts and a retiree’s appetite for a “free lunch.”
Ukraine’s dollar bonds jumped on a bet that a landslide victory by Democrats in US midterm elections will improve relations between Kyiv and Washington, helping the war-torn nation’s defense efforts.
Plus, the Democrats’ election blowout; CVS will break off its namesake pharmacies.
A Democratic sweep of Congress rippled across global markets, with stocks fluctuating while the dollar fell and Treasuries gained on bets the outcome will put the brakes on President Donald Trump’s agenda. Futures for the S&P 500 rose 0.2% while those for the Nasdaq 100 gained 0.3%. Both fell earlier before buyers stepped in. The dollar weakened against major peers, while 10-year Treasury yields fell three basis points to 4.93%. Europe’s Stoxx 600 climbed 0.6% and a gauge for Asian equities was little changed. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Emmanuel Cau, Barclays Head of European and APAC Equity Strategy, Negah Angha, King's College London Visiting Fellow; Mike Doustdar, Novo Nordisk CEO; Morris Reid, Actum Partner (Source: Bloomberg)
European defense stocks slid as the Democrats’ landslide midterm-elections win dented expectations of a further ramp-up in US military spending.
Plus, Iran turns to guerrilla tactics to try to stop the flow of oil leaving the Strait of Hormuz, and CVS Health decides to split in two.
Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures turn positive, reversing earlier declines And Chris Turner , global head of markets at ING, says: Investors will be parsing what this all means. For example, Gina Hinojosa won the Texas governor’s race on a ticket of wanting an immediate moratorium on data centre buildouts. Given AI’s role in powering the US economy, speculation over whether a new Democrat Congress would slow AI capital expenditure plans briefly hit markets. The chip exporter-heavy stock markets of Korea and Taiwan were briefly down 3-4% overnight on news of the blue wave, but have since recouped all those losses. For bond investors, the significance of the midterms is ultimately about what they mean for US borrowing. The result makes further significant fiscal expansion harder to deliver through Congress, potentially easing some of the pressure around government borrowing and Treasury issuance. That could be supportive for US Treasuries, but it won’t determine the direction of yields on its own. Growth, inflation and the Federal Reserve remain crucial. If the economy slows and inflation continues to ease, there is a stronger case for Treasury yields to move lower. Bonds are coming out as the clear winner as markets put the AI trade on the chopping block and embrace the higher possibility that further tax cuts are put on ice and government spending slows. Continue reading...
Shares fell sharply premarket after Democratic candidates swept the midterm elections, handing a defeat to Republicans backed by Musk to the tune of hundreds of millions of dollars.
Plus, the pound is rallying against the dollar after Democrats’ midterm sweep
Stock futures slid after Democrats won key Senate races across the country. The size of the blue wave surprised Wall Street, which was expecting a ripple.
European stock index futures fell as Democrats won control of both chambers of Congress in the US midterms, a potential setback for stocks given the prospect of tighter regulatory scrutiny, particularly of technology and artificial intelligence companies.
Democrats flipped at least six Senate seats and won the House, gaining power over Trump’s nominees and investigations but not his veto.
The results from the U.S. midterm elections are getting tabulated and look likely to have effects on Americans’ investments and their wallets.
Democrats flipped governor’s races in Texas and Ohio despite nine-figure spending, and won Iowa’s governorship for the first time since 2006.
As early results from the US midterm elections started to point toward a decisive win by Democrats, shares of prominent Republican-backer Elon Musk’s companies Tesla Inc. and Space Exploration Technologies Corp. dropped in after-hours trading.
Wall Street faces fresh uncertainty over what Democratic control of Congress could mean for taxes, government spending and regulation.
Wall Street faces fresh uncertainty over what Democratic control of Congress could mean for taxes, government spending and regulation.
Asian stocks fell to their lowest in over six months after early victories by the Democrats in the US midterm elections fueled concerns about tighter oversight of the artificial intelligence industry.
Democrats can’t override Trump’s veto, but the incoming Oversight chair promised to probe the family’s crypto deals, and other family businesses.
South Korea’s Kospi Index slid as shares of chipmakers plunged on concern that a strong showing by Democrats in the US midterms would lead to greater scrutiny of the artificial intelligence industry.
Trump put Darline Graham in her late brother’s seat and even rallied for her thrice. She ran about 10 points behind her own party’s candidate for governor.
Global solar stocks rallied as investors priced in growing odds of a Democratic sweep of Congress in the US midterm elections, an outcome seen supporting the renewable energy sector.
The Swiss franc and Japanese yen jumped as early US election results pointed to the Democrats winning both the House and the Senate, sending the dollar to its worst day in a month.
Treasuries rallied ahead of the Treasury’s quarterly issuance plans, with traders reacting to the first vote counts from the midterm elections which favored the Democrats.
If liberals think they can repeal the entitlement reforms passed in the One, Big, Beautiful, Bill last year, they have another thing coming.
Forecasters favor Democrats on Election Day. But response rates have collapsed, and presidential polls have missed toward Democrats three cycles running. (153 characters)
Sarah Chamberlain, president and CEO of Republican Main Street Partnership, said that Democrats will need to win the House by at least a 25 seat majority in order to give Hakeem Jeffries 'wiggle room' to get elected as Speaker and pass legislation. Chamberlain said that the presence of new 'far left' members could mean Jeffries may have to reach across the aisle to get things done. (Source: Bloomberg)
Democrats winning Congress could mean tougher AI oversight and market volatility, while a Republican sweep may ease concerns over tech investigations.
Democrats are favored to take both the House and Senate in Tuesday’s U.S. midterm election, but there is another race to which artificial-intelligence investors should be paying close attention.
Prediction markets may be running the risk of “suggesting too much confidence in a good night for Democrats,” one analyst says.
Laura Belin is an openly liberal journalist in Iowa who has long been shut out by state Republican officials. Now she’s being bypassed by Democrats who favor friendly internet influencers.
Nate Silver tells us he is calling this midterms the “rock and a hard place election” — the background conditions are great for Democrats to win both the House and the Senate, but for that to come to pass, the party has to pull off some things that haven't happened in generations, like winning Texas. To believe that will happen requires a certain leap of faith, which is anathema to pollsters. Still, the polls generally believe Democrats are favored, but many professional pollsters would end up w
In Kansas, Sen. Roger Marshall looked on track for easy re-election just two months ago at around 75%. His number's dipped to 43.9%, and suffered a 7.1% drop just in the past 24 hours.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Derek Halpenny, MUFG Head of Research for Global Markets; Jeff Currie, Real Macro CEO; Tina Fordham, Fordham Global Foresight Founder (Source: Bloomberg)
Former Clinton Labor Secretary Robert Reich called on Democrats to target Elon Musk if they regain control of Congress, while pushing for government ownership of SpaceX and Starlink.
With control of Congress hanging on a number of razor-thin races, both Democrats and Republicans are seizing on voters’ frustrations with rising credit card debt to win over inflation-weary Americans.
At a phone-free Newsreel event in Brooklyn five days before the midterms, the talk kept coming back to who gets rich off AI and its data centers.
Wall Street expects Democrats to win at least one of the houses of Congress in the US midterm elections on Tuesday, setting the stage for a potentially volatile ride in the stock and bond markets with artificial intelligence oversight, defense spending and crypto legislation on the table.
The ex-presidential candidate tells Democrats to prosecute corruption and bring real change for the working class A corporate plutocracy. A broken healthcare system. Massive and widening inequality. Cash-soaked elections. Angry people struggling to pay their bills and disgusted with lawmakers in Washington DC . Nearly everything that pushed famed consumer-rights advocate Ralph Nader to launch the 2000 presidential run that made him a political pariah in Washington is front and center as the US gears up for the 2026 midterm elections. But this time, things are much, much worse. Continue reading...


















