The shifting political winds surrounding data centers could buffet the entire U.S. economy, reducing investment in artificial intelligence and slowing growth, according to Wall Street analysts. The historic tide of money pouring into AI, from data centers and frontier models to state-of-the-art chips and networking gear, has boosted business investment and financial markets in recent…
Concern over AI and misgivings about data center construction helped drive votes for change in the midterm election — and have fueled stock market volatility that experts say is likely to continue. Investors are worried that the political shift in Congress could slow the buildout of data centers that power AI, potentially throttling one of the economy’s…
Stocks showed signs of life as U.S. financial markets opened on Friday, stabilizing after a steep selloff the previous day driven by concerns over a potential slowdown in data center construction. In early trading, the S&P 500 climbed 72 points, or nearly 1%, erasing losses after it suffered its worst day since April 2025 on Thursday….
The Dow Jones Industrial Average soared nearly 1,600 points, or 3%, on Wednesday, its biggest gain of the year, as investors digested the impact of the Democrats’ sweeping victories in the midterm congressional elections. Other indexes also jumped, with the broader S&P 500 climbing 120 points, or 1.6%, to close at 7,689 and the tech-heavy Nasdaq…
The Democrats’ sweeping victories in the midterm elections on Tuesday could buoy opponents of data centers in some parts of the U.S. and slow the spread of the controversial facilities, according to Wall Street analysts. As of Wednesday afternoon, voters had approved 38 ballot measures restricting data centers in communities across California, Illinois, Maine, Ohio,…
The Democrats’ sweeping victories in the midterm elections on Tuesday could buoy opponents of data centers in some parts of the U.S. and slow the spread of the controversial facilities, according to Wall Street analysts. As of Wednesday afternoon, voters had approved 37 ballot measures restricting data centers and only one allowing them, according to…
Brody Saner, a college student in Kansas says he believes it’s his duty to vote.”If there’s something you’re not happy with, go out and vote. Do your part to change it.” Early voting is underway throughout the country in the 2026 midterm elections and Election Day is Tuesday, Nov. 3. All 435 seats in the…
Stocks slid sharply on Thursday amid mounting concerns over whether massive investments in artificial intelligence will pay off and high oil prices. Shortly before the close of trading, the Nasdaq Composite Index, where many technology companies exposed to AI are listed, tumbled 751 points, or 2.8%, before rebounding slightly to close 694 points lower at…
About one in five Americans say they have had to cut back on groceries to afford their electricity bills, while roughly a quarter of consumers are turning down their heating or air conditioning to uncomfortable levels to lower their energy costs, according to a new survey from Consumer Reports. About 80% of people who have…
Financial markets slumped on Friday as investors bailed on technology stocks amid concerns that companies exposed to artificial intelligence are starting to wobble. The tech-heavy Nasdaq Composite tumbled 573 points, or 2.1%, to end at 26,140, closing out its worst week since June. The broader S&P 500 and blue-chip Dow Industrial Average sank 1.1% and…
