Wall Street reacted unevenly to Democratic gains in Congress: Amazon, Meta, Alphabet, Microsoft and Apple rallied, while several AI-chip, memory and data-centre stocks fell. Investors weighed hopes of moderated spending against the possibility of tighter AI and data-centre oversight.
Wall Street reacted unevenly to Democratic gains in Congress: Amazon, Meta, Alphabet, Microsoft and Apple rallied, while several AI-chip, memory and data-centre stocks fell. Investors weighed hopes of moderated spending against the possibility of tighter AI and data-centre oversight.
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