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    MIDTERM ELECTIONS ANALYSIS

    Explained: Why copper prices could fall further after four-month low amid US election outcome

    Copper prices fell to a four-month low following the US midterm election outcome, which raised doubts over AI data centre demand and import tariffs. Despite a minor Monday bounce and tight supply constraints, analysts at TD Securities warn of potential further downside in the near term.

    Trump says "a lot of people" objected to Vance's remarks blaming midterm defeat on Iran war

    US President Donald Trump commented on Vice President JD Vance's remarks regarding the midterm elections and the Iran conflict. While many criticized Vance's analysis, Trump expressed his agreement, emphasizing their alliance remains strong. The President stated that military action against Iran is unlikely as negotiations continue, but did not rule it out completely.

    Trump cries foul as Democrats' midterm sweep deepens, Republicans face 'extinction-level event'

    US President Donald Trump questioned election results in Alaska even as Democrats extended their historic midterm gains, with Mississippi emerging as another potential Senate breakthrough. Republican losses across traditional strongholds have reshaped Congress, while Florida Governor Ron DeSantis described the party's electoral setback as an "extinction-level event".

    Elon Musk's business empire braces for Democratic wave as Texas flips blue

    Elon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' governorship. The results could expose his businesses, including SpaceX and Tesla, to greater congressional scrutiny, tighter data-centre regulations and potential hurdles for expansion plans under incoming Texas Governor Gina Hinojosa.

    US midterm elections 2026: Trump is ducking blame for Republican losses. It's a familiar pattern for him

    Republicans suffered significant losses in the midterm elections, resulting in Democrats gaining control of Congress. Donald Trump downplayed his responsibility for these defeats, stating he was not on the ballot. While voters expressed dissatisfaction with Republican candidates, Trump insisted his presence would have led to a victory. The former president has a history of avoiding accountability for various outcomes during his political career.

    Tesla stocks tumble after Democrats win Congress; Musk's $500 million Republican backing leads to new stress test for Elon’s empire

    Elon Musk's substantial political contributions to Republican candidates now face challenges after Democrats gained control of Congress. His significant investments in Texas could complicate relationships due to the recent political shift. Both Tesla and SpaceX might experience increased scrutiny regarding their government contracts and regulatory approvals. Investors are concerned about the potential implications for Musk's businesses amidst changing political dynamics.

    The Economic Times
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