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Tech shares rise as Democrats' midterm sweep fuels bets AI capex will slow

Shares of US tech giants jumped after Democrats' midterm sweep, as investors bet a Democrat-controlled Congress will slow AI capital spending that has been draining cash flow.

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  1. 2026-11-04 18:02 · Techmeme
    Shares of US tech giants jump after Democrats' midterm sweep as investors bet that a Democrat-controlled Congress will slow AI capex that's draining cash flow (Bloomberg)

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