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Wall St brokerages say AI selloff overdone, downplay Democratic regulation risks

Brokerages said the pullback is unlikely to derail AI spending, while Anthropic’s IPO and Nvidia’s earnings may drive the next move.

(Corrects to "Democratic" from "Democrat" in headline and paragraph 1)Nov 9 : Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democratic-controlled Congress are unlikely

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PressNewsAgency broke the news on Monday, November 9, 2026.
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