Tag: #fallout

Corporate Earnings

Wall Street Reels as Tech Stocks Plunge Amid Midterm Election Fallout, AI Infrastructure Concerns, and Global Memory Shortage

Monday, November 9, 2026 | 00:02

Chipmakers and artificial intelligence infrastructure stocks suffered a brutal sell-off on Thursday, sending the Nasdaq plunging to its worst single-day performance in 19 months. The market rout was triggered by a compounding mix of political shifts resulting from the recent midterm elections, mounting worries over the long-term sustainability of the artificial intelligence capital expenditure buildout, […]