AI Stocks Hammered by Midterm Shock as Data Center Buildout Becomes a 'War of Attrition'
The sell-off wiped out the S&P 500’s post-election gains as investors worried tighter rules could slow data centre expansion and raise costs.
5 Articles
5 Articles
AI stocks suffer their biggest sell-off in months as data centre backlash reaches Washington
US stocks suffered their sharpest one-day decline in months on Thursday, November 5, as investors pulled back from the chipmakers, cloud providers and power companies that have driven much of this year’s market gains. The S&P 500 fell 4.4% to close at 7,353.73, its biggest single-day drop since the April 2025 “Liberation Day” tariff announcement, […] This story continues at The Next Web
Voters approved restrictions in 44 of the 45 referendums counted The article Wall Street: Data center backlash deflates stocks appeared first on Documento.
Bay Area AI stocks plunge after data center voter backlash in worst trading day since April 2025
Bay Area artificial intelligence companies saw major stock losses Thursday after voters around the country supported restricting and regulating data centers amid massive Democratic victories. Nvidia, the world’s most valuable company, fell over 9% at the end of trading, wiping out roughly $400…
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