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Midterm Elections
Tesla shares fell 4.3 percent to a two-week low, while SpaceX declined 4.6 percent to a level not seen in over two months following a Democratic sweep in the US midterms.
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HotMidterm Elections
The Dow Jones Industrial Average opened up 997.76 points, or 1.93 percent, on November 4, 2026. Markets rallied after the president acknowledged the midterm election outcomes, reducing fears of political instability.
Markets
Dow futures reversed higher following Democratic election victories, while AI stocks like AMD and Arista rallied. Tesla and SpaceX shares declined.
Markets
Shares of SpaceX and Tesla declined about 4 percent in premarket trading following a significant victory for Democrats. AI data center stocks also experienced a slide during the session.
HotElection Night
AI-related equities reduced their declines on election night. Arista Networks and AMD posted gains following earnings, while CoreWeave, SpaceX, and Tesla rebounded from earlier lows.
HotElection
Dow futures declined while technology shares dropped following the election, with CoreWeave, SpaceX, and Tesla among the affected names. AI stocks generally slid despite gains for Arista Networks and AMD.
Midterm Elections
The U.S. dollar fell to a one-month low and Asian tech stocks dropped after early results showed Democratic wins in Georgia and North Carolina. Investors worry the shift may slow AI spending and complicate crypto policy.
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