Sun. Nov 8th, 2026

Major tech stocks plunge as US midterms add to fears of AI slowdown

ByAdu-Gyasi Dennis

Nov 5, 2026

The market has been reacting to possible tougher scrutiny of data centre construction and the AI industry following the US midterms

By Adu-Gyasi Dennis

Related Post

What we know so far after Krakow gun attack

Nov 7, 2026 Adu-Gyasi Dennis

Israel’s president tasks opposition leader Eisenkot with forming government

Nov 7, 2026 Adu-Gyasi Dennis

US offers $20m reward for information about Iran’s nuclear programme

Nov 7, 2026 Adu-Gyasi Dennis

Leave a Reply Cancel reply

TOP STORIES

What we know so far after Krakow gun attack
Six people were killed in a random shooting in the city's main square, and three bodies were later found at the home of the attacker.
Israel's president tasks opposition leader Eisenkot with forming government
Neither PM Benjamin Netanyahu's bloc nor that of his rival secured a majority in last week's election.
Paraguay's former president charged after bank collapse
Santiago Peña was ousted due to a banking crisis which left millions of people unable to access their money.
US offers $20m reward for information about Iran's nuclear programme
Donald Trump has repeatedly raised the prospect of renewing strikes against Iran's nuclear facilities.
Gaza wedding festival sees 250 couples married at the same time
A mass wedding for Palestinian brides and grooms has taken place in the rubble-strewn streets of Gaza.
Houthis say at least 25 killed in Saudi air strike
Saudi Arabia, which leads a coalition fighting the Houthis in Yemen, has not commented.
Italian foreign minister says hackers leaked his personal data
Prime Minister Giorgia Meloni has blamed pro-Russian hackers for publishing the details online.
No clear winner after tight New Zealand general election
Weeks of coalition talks could follow after preliminary results pointed to a highly divided national parliament.
UK cannot 'cherry pick' EU single market deal, Barnier tells BBC
The former Brexit negotiator says EU countries would reject any British attempts to follow economic rules "a la carte".
Russian strikes wound nine and damage Ukraine's power network ahead of talks
The attacks come before Ukrainian and Russian delegations are due to take part in trilateral talks in Abu Dhabi next week.
Four things we learned this week about 2028 White House race
The seismic Democratic gains in Congress could shape the presidential election, so who had a good night and who's making moves?
Texas mayor instructs police to limit co-operation with ICE
There has been months of public outcry in Houston after an Immigration and Customs Enforcement (ICE) officer fatally shot a man who was driving to work.
Meghan's father Thomas Markle under house arrest after child sex abuse material charge
The 82-year-old appeared in court in Florida after the FBI searched two Los Angeles-area storage units he rented.
Pope in 'pretty good health' as he starts Latin America tour
Pope Leo travels to Uruguay just three weeks after having surgery for lung cancer.
This man refused life-saving treatment because of his religion - days later the rules changed
Jehovah's Witness leaders relaxed strict rules on blood transfusions, but the change came 23 days too late for Isaac Valdez.

TOP STORIES

Trump pleads not guilty to 34 felony counts
READ: Trump indictment related to hush money payment
Russian authorities detain suspect over St. Petersburg cafe blast
Hundreds of millions at risk from Chinese shopping app malware
The haunting Masters meltdown that changed Rory McIlroy's career
Slumped on his club, head buried in his arm, Rory McIlroy looked on the verge of tears.
Scientists film deepest ever fish on seabed off Japan
Cruising at a depth of 8,336 meters (over 27,000 feet) just above the seabed, a young snailfish has become the deepest fish ever filmed by scientists during a probe into the abyss of the northern Pacific Ocean.
See the world's deepest fish
Scientists captured the unknown snailfish species at a depth of more than 27,000 feet, as part of an expedition in trenches off Japan.
The $500 billion beauty industry's 'green' ambitions are a patchwork at best. And they're falling short
The escalating climate crisis is shifting many people's purchasing patterns and this extends to the $500 billion dollar global beauty industry which is grappling with a range of sustainability challenges across product manufacturing, packaging and disposal.
What to know about the Trump indictment on the eve of his court appearance
Haberman reveals why Trump attacked judge and his family in speech
CNN political contributor Maggie Haberman explains the reasoning behind Donald Trump's attacks on the judge and his family during a speech at his Mar-a-Lago resort after he was arraigned on felony charges.
Syrian refugee elected mayor of German town, years after fleeing war
A Syrian who arrived in Germany as a refugee in 2015 has won a mayoral election in the southwestern German state of Baden-Württemberg.
Kwame Brathwaite, photographer of 'Black is Beautiful' movement, dies at 85
Kwame Brathwaite, the pioneering activist and photographer whose work helped define the aesthetics of the "Black is Beautiful" movement of the 1960s and beyond, died on April 1, aged 85.
Britain's pound is beating every other major currency this year
The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it's enjoying a comeback.
The four astronauts NASA picked for the first crewed moon mission in 50 years
Astronauts who will helm the first crewed moon mission in five decades were revealed on Monday, queuing up the quartet to begin training for the historic Artemis II lunar flyby that is set to take off in November 2024.
These are the animals people most want to see photographed
Originally a term used by trophy hunters in Africa, the "Big Five" described the animals most challenging to shoot and kill: the lion, elephant, leopard, rhino, and buffalo. Nowadays, it is more loosely used to refer to some of Africa's largest and most iconic animals.

TOP STORIES

After the midterms, things are looking rocky for Elon Musk and data centers
On Equity, we unpacked what the midterms mean for the tech industry.
Megaspeed exec was recruited to spy on Nvidia CEO, according to US intelligence memo
A memo circulated earlier this year reportedly claimed that China’s Ministry of State Security recruited a female technology executive to spy on Nvidia's CEO.
Parents want safer phones for kids. These companies are answering the call.
As parents look for alternatives to unrestricted smartphones, a growing number of companies are building phones designed specifically for kids, from feature-limited mobile devices to minimalist home phones.
Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack
The announcement comes barely more than a week after hackers stole $6.3 billion worth of cryptocurrency from Binance users.
Amazon’s new basic Kindle proves you don’t need all the bells and whistles
Amazon's redesigned basic Kindle costs more than before, but its lighter build and improved display make a compelling case for skipping the pricier models.
Sequoia shutting down its Scouts program marks the end of an era
Sequoia pioneered the scouts model and many VC firms followed suit, but a consensus now seems to be forming that the model has reached limits in its current form.
From the front row to the hot seat — what the midterms mean for Big Tech
After spending two years getting cozy with the White House, Big Tech is suddenly trying to make friends with Democrats, and the open question is whether that image makeover can hold up against what states, local communities, and the markets are about to do.
Crusoe sells troubled Wyoming data center project to Google
The deal highlights the challenges of developing massive AI data centers.
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.
The Duo apps are coming, says Apple
There are now 100,000 Duo-optimized apps, says Apple, and thousands more arrive daily.
Hundreds of Artex AI hacking tools found publicly exposed to the web
Security researchers found hundreds of servers hosting the penetration testing tool Artex exposed to the internet, allowing anyone access to the hacking tool.
Meta introduces Spaces, a new way to collaborate with your Muse agent
Meta's Muse agents continue to get new features and integrations. Spaces promises to be a new way to interact with the AI helpers.
After the midterms, is the AI industry in for a rough two years?
Democrats’ historic victories in this week’s U.S. midterm elections could also transform the tech industry. The public voted on 41 data center-related ballot measures on Tuesday — in all but one, the majority voted to impose more restrictions on data center development. And even when data centers weren’t on the ballot directly, they were a […]
Pentagon offers battery startup 6K $250M loan to build US factory
The Pentagon has conditionally approved a $250 million loan to help 6K scale up its microwave-plasma battery material manufacturing process.
Fox completes its $22B acquisition of Roku
A few months after DOJ investigators were probing the deal, Fox just completed its $22B acquisition of the streaming giant Roku.

You missed

What we know so far after Krakow gun attack

November 7, 2026 Adu-Gyasi Dennis

Israel’s president tasks opposition leader Eisenkot with forming government

November 7, 2026 Adu-Gyasi Dennis

US offers $20m reward for information about Iran’s nuclear programme

November 7, 2026 Adu-Gyasi Dennis

Houthis say at least 25 killed in Saudi air strike

November 7, 2026 Adu-Gyasi Dennis