Young voters swung so hard toward Democrats in Tuesday's midterms that it raises new doubts about whether Republicans can build a lasting coalition among Americans under 30. Why it matters: Trump's success with Gen Z voters, especially young men , fueled talk of a generational shift toward Republicans. Tuesday's results tell a different story. By the numbers: An estimated 66% of voters ages 18–29 backed Democratic House candidates Tuesday, compared with 31% for Republicans, according to Tufts University's CIRCLE , which analyzed preliminary data from the NORC Civic Health & Elections Project. That's a 35-point Democratic advantage, compared with 14 points in the 2024 national House exit poll , when young voters favored Democrats 56%–42%. Democratic support among men under 30 rose from 51% in 2024 to 59% in 2026. Among young women, it climbed from 61% to 70%, according to 2024 exit polling by Edison Research and CIRCLE's updated 2026 analysis of NORC data. Young white voters favored Democrats 63%–34% in the SSRS survey, after splitting 50%–48% in 2024. State of play: Polls flashed warning signs for Republicans in the final weeks before Election Day. An October Harvard Youth Poll found voters ages 18–29 who said they would definitely vote favored Democrats 63%–26%. Just 9% of young Americans said the country was headed in the right direction. Zoom in: Democrats drew overwhelming support from young voters in major statewide races, according to preliminary SSRS polling. In Texas, 76% of voters under 30 supported Democratic Senate candidate James Talarico, while 73% backed Democratic gubernatorial candidate Gina Hinojosa, according to CIRCLE's state analysis . In Georgia, 70% backed Democratic gubernatorial candidate Keisha Lance Bottoms. More than 60% favored Democratic candidates for Senate and governor in Ohio. In Iowa, where young voters backed Trump in 2024, Republican Senate candidate Ashley Hinson lost significant ground with the group, according to AP Voter Poll
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Data: Financial Modeling Prep ; Chart: Ben Geman/Axios Oil prices fell sharply Wednesday as traders weigh signs — including a widely circulated post by Vice President JD Vance — that the midterm election will add pressure on the White House to find an offramp from the Iran conflict. Why it matters: Elections have consequences. Wednesday's price drop — around $8 per barrel — deepened after Vance posted on X that "everyone knows" the war is why Republicans got pummeled and "any honest conversation about where we go from here must start there." Sen. Chuck Schumer (D), the likely Senate majority leader in the next Congress, vowed that Democrats will push to end the war. "This crude price drop is entirely about the U.S. election and the belief that Trump will de-escalate rather than escalate on Iran. JD Vance's statement amplified that sentiment," Ben Cahill, a nonresident senior fellow with the Atlantic Council, told Axios via email. What they're saying: Pavel Molchanov, an analyst with Raymond James, said in remarks circulated to reporters that Vance's post was a "key catalyst" for today's oil price plunge. "The market is saying that Congress and members of his own administration are likely to start acting as a constraint on President Trump's war in Iran," Seb Barker, a strategist with the hedge fund, Marshall Wace, tells the Financial Times. Catch up quick: Oil prices were already falling to start the week on signs of new U.S.-Iran diplomacy. What we're watching: "[I]t remains unclear whether Vance's comments signal a more dovish stance toward Iran," Molchanov said. "For oil prices to sustainably move lower, a durable off-ramp is needed," he added.
A midterm campaign marked by high engagement showed no signs of slowing on Election Day, though it was unclear whether either party had an advantage.
The two blue states had appeared competitive, but recent surveys have showed promising signs for Chris Pappas and Peggy Flanagan.
Team say they will not release further information 26-year-old will remain in hospital for time being The Detroit Lions have said the initial signs for Jack Campbell are “positive” after the linebacker was carted off the field and taken to hospital when he suffered a neck injury during Sunday’s win over the Minnesota Vikings. The 26-year-old was treated for nine minutes on the field after making a tackle during Sunday’s game. Players from both teams were visibly distraught as Campbell received medical attention before he was taken for further treatment at a nearby facility. Continue reading...
Pardon the Interruption co-host to take leave of absence Wilbon did not go into detail but cited ‘worrisome signs’ Michael Wilbon, the co-host of ESPN’s popular Pardon the Interruption talkshow alongside good friend Tony Kornheiser announced on Monday he is taking a leave of absence because of what he described as “multiple health issues”. Wilbon, who turns 68 later this month, wrote in a post on X that he is taking a trip to “the injured list” but added he hopes it is “not an extended one”. Continue reading...
Despite the US president’s ratings being at rock bottom, undoing his legacy will be difficult, not least because the Democrats are in disarray The stats and polling all suggest one thing: the Republicans are set for a hammering in the midterms. Donald Trump has the lowest approval rating of any US president going into a midterm election since Harry Truman. And it’s still dropping. The Democrats are projected to win by a margin of 11 percentage points , the largest swing by any party in almost 20 years. It is possible that the Democrats flip the Senate and secure a large majority in Congress. Those majorities would make a material difference, perhaps finally establishing oversight of the policies Trump has brought in during his second term: immigration enforcement, trade disputes, gutting the federal workforce, the Iran war, to say nothing of his own family’s corruption. The tide seems to be turning, and one question is on everyone’s mind: is the Trump era really ending? “Nobody wants to jinx it,” wrote David Wallace-Wells of the New York Times, but: “All the signs we have suggest that, historic or not, these midterms are likely to mark the end of a political era.” What that gives way to is a much more complicated picture in which the US will be delivered from Trump himself, but remains a country riven and undermined by what he has unleashed. By the time he is gone, Trump will have been president for eight years, and a toxic force for more than 12. That is a long time even for a normal politician. Under one who shatters norms and forces himself into the centre of everything, Trump’s effect is as if he were president for decades. Continue reading...
Democrats' main Senate super PAC is privately telling top donors that Texas offers their best shot at flipping a deep-red Senate seat, followed by Ohio, where the race remains close. Senate Majority PAC also sees victories in Iowa and Alaska as within reach, though the outcomes could take longer to become clear. Why it matters: Democrats are increasingly confident about Election Day on Tuesday — and sharing their qualified optimism with their biggest donors. To retake the Senate, Democrats need to win two of those four states — all of which Trump won by double digits in 2024 — flip North Carolina and Maine, and avoid an upset in Michigan. JB Poersch, president of Senate Majority PAC, projected confidence that Democrats will wrest control of the Senate from Republicans during a private donor briefing this week as he walked through the races state by state. He also reminded donors that Kansas, where even Republicans are deeply worried, is a state Trump won by roughly 16 points in 2024. But it's in play . What they're saying: "This matches what we've been saying publicly and privately for weeks. There are signs of optimism in Texas, but it remains a toss-up, as do Iowa, Ohio and Alaska," said Lauren French, a spokesperson for SMP. "There is positive movement for Democrats, but it is critical to remember that every seat on the battleground map voted for Donald Trump by double digits," she said. "These are deep red states and we're focused on bringing them over the finish line so the Senate can work to provide real relief to families who are being crushed by the cost-of-living crisis." The big picture: Texas hasn't elected a Democratic senator since Lloyd Bentsen in 1988. Democrats thought they'd end the drought in 2018 and let themselves fall for then-Rep. Beto O'Rourke, who lost to Sen. Ted Cruz by 2.6 percentage points. Four years later, O'Rourke tried again to prove a Democrat could win statewide in Texas. He lost the governor's race by nearly 11 percentage points. T
There has never been a company like Anthropic . It owes almost $650 billion for computing, generates eye-popping revenue per employee and wants every investor to know that its product poses existential risks to humanity. Why it matters: The future of the AI race, the market and the global economy rests within Anthropic's IPO prospectus, where some of Silicon Valley's most seasoned investors found new reasons to be bullish. They also found warning signs. A wager on Anthropic is a bet not just that AI will deliver on its enormous promise, but that customers will keep spending at a rate that keeps pace with massive computing costs. It's also a bet that Anthropic can continue to deliver models good enough to justify premium prices, even as competition intensifies and cheaper alternatives improve. What they're saying: Reaching a valuation of $2 trillion would require 50% growth, according to Theory Ventures. "What is Anthropic worth?" Theory's Tomasz Tunguz asked rhetorically. "The case for a very large number is simple," he said, noting that the company grew quickly on a high margin and generated an operating profit. "The case against is equally simple," he added, noting its $637 billion of computing commitments, non-cancellable contracts and no guarantee of customer loyalty. Catch up quick: Monday's filing offered the most detailed public look yet at Anthropic's business , finances and risks as it prepares for a potentially record-setting IPO. (See what Claude and OpenAI's ChatGPT say about whether they'd invest). As Tunguz noted, the filing had fodder for a variety of perspectives. The good: Anthropic has nearly 2,000 customers paying it $1 million or more per year, and 250 paying $10 million or more. Half the Fortune 500 pays the company $100,000 a year, and those customers spent less than 0.1% of their total expenses in the third quarter on Anthropic. "We are so early," Ben Bajarin, a longtime tech analyst, said on X. He pointed out that there are 300 million global