Stock market

Stocks plunge amid AI concerns after midterm election

CBS News5 November 2026, 21:46 UTC

The stock market tanked on Thursday over concerns that a shift in control of Congress could slow the construction of data centers that power AI. CBS News' Natalia Brand reports, and Jessica Inskip, director of investor research at Stockbrokers.com, joins CBS News.

Read the full story at CBS News Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More on Stock market

Sarah Bianchi on Market Reaction To Midterm ElectionsBloomberg Politics5 November 2026, 22:57 UTCUnited States of AmericaStock marketAmid a sharp market selloff and a steep drop in semiconductor stocks, Sarah Bianchi discusses concerns that the US midterm election results could lead to tighter constraints on AI infrastructure. S...
Tapestry CEO on Earnings Beat, Consumer OutlookBloomberg Markets5 November 2026, 22:49 UTCPeople's Republic of ChinaStock marketTapestry shares rose about 6% after the company beat earnings expectations and raised its guidance. CEO Joanne Crevoiserat says that strong performance across North America, Asia—with China as an a...
Equity Volatility Jumps Most Since April 2025 Tariff TurmoilBloomberg Markets5 November 2026, 22:45 UTCUnited States of AmericaStock marketThe cost to hedge against the biggest S&P 500 plunge in more than a year soared on Thursday as traders sought cover from further wild swings.
Stocks Dip on Massive Chip SelloffBloomberg Politics5 November 2026, 22:23 UTCUnited States of AmericaStock marketShares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn skeptical on the artificial intelligence trade after the Democrats dominated the midterm elections....
Sangoma Announces First Quarter Fiscal 2027 ResultsBusiness Wire5 November 2026, 22:20 UTCUnited States of AmericaStock marketTORONTO--(BUSINESS WIRE)--Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted industry leader uniquely offering businesses a choice of on-premises, clo...
Asian Stocks Brace for Selloff as AI Rout Deepens: Markets WrapBloomberg Markets5 November 2026, 22:17 UTCUnited States of AmericaStock marketAsian stock futures pointed to steep losses on Friday as a post-election rout in chipmakers deepened on Wall Street on growing concerns that Democrats will seek tighter regulation of the artificial...