Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single trading session. Is this stock market jitters, or a sign the AI bubble might be about to burst? Lucy Hough speaks to senior economics correspondent Richard Partington
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The Guardian · US news · Original story
Could the AI bubble burst after Democrats' midterms sweep? - The Latest
Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single trading session. Is this stock market jitters, or a sign the AI bubble might be about to burst? Lucy Hough speaks to senior economics correspondent Richard Partington Continue reading...
Presented by Lucy Hough with Richard Partington ; produced by Angus Neale ; senior producer Leonore Schick ; executive producer Zoe Hitch · Fri, Nov 6, 2026, 9:04 AM
US news | The Guardian
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