TRUMP ELECTION REACTION
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.
Russian attacks disrupt power in Kyiv, while the death toll in a stricken village rises to 40
Russian attacks disrupted power and water supplies in Kyiv and surrounding areas, while Ukraine reported a rising death toll from a strike on a village in Zaporizhzhia. President Volodymyr Zelenskyy said 40 people had been killed in Komyshuvakha, with dozens more feared buried under rubble. Meanwhile, diplomatic talks on postwar security and reconstruction were planned in Brussels.
America's political house has changed hands: 5 things that could look very different in Washington after Democrats' midterm victory
The outcome of the 2026 midterm elections grants Democrats control of Congress, posing challenges for Presidential initiatives. Legislative proposals, appointments, and spending measures will now face intense scrutiny and negotiation. Congressional investigations into the Trump administration may increase as part of the new agenda. Republicans will reassess their strategies following losses in traditionally conservative states. The shift to a divided government will shape political dynamics moving forward.
US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb
Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
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Democratic sweep adds new twist to markets' Iran, AI, and debt worries
Investors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the Iran war, continue to elevate oil prices and market risks. Regulatory scrutiny on the rapidly growing AI sector is expected following the election outcomes. Market volatility is anticipated to persist due to fiscal policy debates and increasing debt concerns. The market response so far has shown modest gains despite heightened uncertainties.
Bitcoin price today: BTC USD rebounds to $78,000 after US midterm election sell-off - key levels traders must watch now
Bitcoin price (BTC USD) today after midterm elections: Bitcoin rebounded to around $78,000 after falling below $76,000 as investors assessed the impact of Democrats winning control of Congress. Concerns over crypto regulation, ETF outflows and the Binance hack continue to weigh on sentiment, while analysts are watching $79,000 for signs of a stronger recovery.
Thousands mock Trump's midterm setback at Tehran rally
Thousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and displayed banners denouncing the US and Israel, highlighting ongoing tensions. Iranian officials connected the results of the elections with the rising cost of living and the conflict with Iran. The annual event commemorates the 1979 takeover of the US embassy in Tehran.
US allies see a chastened Trump but they’re wary of the backlash
US election results are viewed as a potential limit on Donald Trump's power regarding foreign policies. Foreign officials remain cautious, predicting that Trump may continue to act unpredictably despite the political changes. The president's approach toward Iran may signal his handling of Congress's constraints on his authority. European leaders express concern over the implications for international relations amid ongoing conflicts.
'America trying to deport Trump': Donald Trump faces Blue storm on social media as Democrats look set to sweep polls. Check hilarious memes
Democrats' strong performance in the US midterm elections has triggered a wave of memes targeting Donald Trump. From jokes about America trying to deport Trump's majority to comparisons with Rahul Gandhi, social media users are turning the Republican setback into political humour.
How are global stock markets reacting to the US midterm election results?
Following the midterm elections where Democrats took control of both Congressional chambers, global stock markets felt the impact. Initial hesitation in European stocks soon gave way to strength, driven by financial sector gains. Precious metals experienced a notable uptick, but defense stocks reeled from concerns over military expenditures. In Asia, markets showed volatility, underscoring investors' adaptative strategies to the altering political scenario.
Trump's loss in US midterms hands Indian gold buyers new setup before Dhanteras
Gold prices surged over 2% on Wednesday, with a weaker US dollar and lower Treasury yields supporting the rally after Democrats made gains in the US midterm elections. In India, 24-karat gold rose 2.26% to ₹14,280 per gram.
Laura Loomer says ‘America is over’ after US midterm elections: Here is what she posted
Believing that the United States is on the brink of collapse due to escalating political disputes, Laura Loomer warned of the dangers of imminent political violence. She urged citizens to stockpile supplies to ensure their survival, asserting a looming 'Islamic communist takeover.'
NY Gov. Kathy Hochul, whom Nicki Minaj called an ‘evil woman’, shuts down supporters booing GOP rival during victory speech: ‘I will always partner with him’
New York Governor Kathy Hochul achieved a decisive victory against Republican contender Bruce Blakeman, earning 60% of the vote share. Following the election, she faced a mixed reception from the crowd but called for unity and cooperation for Nassau County's future. In response to Nicki Minaj's criticisms, Hochul advised the rapper to reconsider her influences, showcasing her focus on fostering collaboration amidst political challenges.
Democrats’ win rattles Trump trades from AI stocks to crypto
The recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are now wary about President Trump’s policies and their implications for AI investments. Conversely, solar stocks saw an uptick, signaling potential changes to clean energy regulations. Additionally, Treasury yields dropped as heightened oversight dampens fiscal stimulus hopes, while cryptocurrencies also fell amid uncertainty surrounding upcoming industry regulations.
‘This administration has another two years in office’: Barack Obama thanks Republican volunteers and outlines Democrats’ roadmap for Trump’s remaining term
Barack Obama urged Democrats to capitalize on the momentum from the midterm elections, calling for collective efforts to drive meaningful change. With Democrats on the cusp of taking control of the House, he stressed the need for unity and innovative solutions. He expressed his appreciation for the election officials and volunteers who ensured a well-managed electoral process.
US midterm elections: Early Democratic wins rattle Wall Street
Early Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final outcome remains uncertain. The emerging results triggered a sharp reaction across financial markets, with US stock futures falling, Treasury yields declining and the dollar weakening as investors assessed the implications of a possible Democratic sweep.
Trump’s first reaction to early Democratic gains: ‘I wasn’t on the Ballot’
Donald Trump commented on the midterm election outcomes, boldly stating his influence would guarantee Republican success. He took aim at Fox News, alleging their reporting skewed towards Democrats and harmed their ratings. As initial results pointed to Democratic advancements, CNN reported shifts in House leadership, signifying Trump's enduring role in party politics even though he wasn’t a candidate.
Trump rages at Fox News as US midterms voting wraps
US President Trump reacted negatively to Fox News during the midterm election results at the White House. He criticized the channel for its ratings decline and claimed they were not loyal to him. Trump made several posts on his Truth Social network, expressing his dissatisfaction with a poll and specific hosts. Despite his efforts, polls indicated Democrats may gain control of Congress due to voter dissatisfaction.
Investors ready for possible shake-up in Congress as US awaits election results
Investors are closely monitoring upcoming midterm elections, as results may influence asset prices significantly. A potential Democratic victory could lead to increased scrutiny on sectors like AI and data centers. Polls indicate a high probability of Democrats taking control of the House and a competitive Senate race. Analysts predict potential volatility in markets following the election results due to heightened investor anxiety.
Why is the US stock market split as Americans vote in the 2026 midterm elections today? Dow falls as S&P 500 and Nasdaq rise; Apple, Nvidia, and AMD in focus - gold and silver dip
US stock market today: US stocks opened mixed on Tuesday as Americans voted in the midterm elections. Investors are also waiting for AMD’s earnings report after the closing bell. By 9:43 a.m. ET, the Nasdaq and S&P 500 were up, and the Dow was down. The Dow Jones Industrial Average fell 338.36 points, or 0.65%, to 51,645.62. The S&P 500 rose 20.31 points, or 0.27%, to 7,561.71. The Nasdaq gained 189.93 points, or 0.75%, to 25,354.30.
Why are 10-year Treasury note, yield on 30-year bond down ahead of November 3 Election Day after hitting highest levels in October? Details here
US Yields on benchmark 10-year notes and 30-year bonds were eyeing their third decline in a row as investors also awaited the November 3 US midterm elections.
Who is Vivek Ramaswamy? Indian-American Republican faces crucial Ohio governor test
Vivek Ramaswamy, an Indian-American Republican, faces a challenging race against Democrat Amy Acton for the Ohio governorship. Recent polls indicate that Acton is leading Ramaswamy by four percentage points just before election day. Ramaswamy's controversial advertisement has attracted criticism from both parties and impacted his campaign strategy. The election is particularly significant for the Republican Party as Ohio has voted consistently for them.
US greatest threat to nuclear non-proliferation regime: Iran blasts Washington over strike threats
Iranian Foreign Ministry spokesperson Esmail Baghaei has condemned the United States as a significant threat to nuclear non-proliferation. He emphasized that international bodies fail to respond adequately to US threats against Iran's nuclear facilities. Baghaei affirmed Iran's commitment to the Nuclear Non-Proliferation Treaty despite external pressures and accusations. The spokesperson rejected calls for immediate inspections of Iranian sites, citing bias from the International Atomic Energy Agency.
Why did Democrat Haley Stevens endorse Republican Mike Rogers in Michigan’s Senate race just days before Election Day?
Haley Stevens has notably backed Republican candidate Mike Rogers right before the Election Day, following a rift with Abdul El-Sayed. After attending a church service alongside Rogers, who has the support of President Donald Trump, Stevens expressed that she felt unwelcome in El-Sayed's campaign. Her endorsement sparked resignations among staff and criticism from Democratic leaders, as this Senate race's outcome may significantly affect party control in the next term.
Google AI avoids answering who won 2020 US presidential election, sparking debate: Here’s what we know
Google AI faced backlash for failing to accurately respond to queries about the 2020 US presidential election results. Users noticed discrepancies between responses for the 2020 and 2016 elections, which sparked concern. Critics suggested the issue implicates political intervention in AI output, while others attributed it to training errors. Google acknowledged the problem and indicated that it is working on solutions for the affected datasets.
Barack Obama’s mic toss goes viral after Detroit rally, fans praise his ‘Impeccable Aura’-here's what the former president said in support of Democratic Senate candidate Abdul El-Sayed
Barack Obama attended a campaign rally in Detroit to support Democratic candidates Abdul El-Sayed and Jocelyn Benson. His mic toss moment captured in slow motion quickly gained millions of views on social media. Obama encouraged voters to seek change while criticizing Donald Trump during his speech. The rally was notable for both political content and the viral moment.
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