Nasdaq plunges into correction territory as Dem wins threaten data centers — and AI giants rush to stem fallout
The Nasdaq plunged 5.1% Thursday, entering into correction territory, as investors and industry leaders braced for a data-center reckoning in the wake of Democrats’ midterms sweep – fearful the new Congress will slow the pace of projects and hit revenue at top AI labs.
https://nypost.com/2026/11/05/business/nasdaq-plunges-into-correction-territory-as-dem-wins-threaten-data-centers-ai-giants-rush-to-stem-fallout/