Tesla rebounds as Musk dismisses political risk; 370 stays key
Tesla rose 4.23% as Elon Musk downplayed political retaliation risk, but shares near 358 remain below broken channel support at 367-370 and two key EMAs.
Topic
US Midterms
Topic
US Midterms
Nasdaq Sell-Off Puts AI Boom on Notice After Democrat Sweep
Democrat control of Congress after the midterms triggered a Nasdaq-led tech sell-off, with investors weighing AI regulation again…
SpaceX Shares Plunge 7% as Midterm Sweep Hits Tech and AI Stocks
SpaceX fell over 7% and Tesla over 9% after Democrat wins threatened data centre scrutiny, with Micron down 20% and the Nasdaq sl…
Democrats Flip Congress, and Silicon Valley's Trump Bets Sour
Democrats took Congress and key governors' mansions, and now Nvidia, Amazon, Musk's xAI and hyperscale datacenters are all in the…
Musk's $446m Midterm Spending Fails to Flip Texas Senate Seat
Elon Musk spent an estimated $446m backing Republicans, including $47m for Ken Paxton. Democrat James Talarico still won Texas's…
Democrats Take Both Chambers, Markets Rally and AI Debt Hits $623 Billion
Democrats took Congress 54-44 in the Senate and 228-129 in the House, markets rallied on gridlock, and AI-linked tech debt hit a…
Dollar Slides, Gold Rallies as Markets Digest Democratic Midterm Win
The dollar fell while gold, silver and Treasuries rallied after Democrats captured Congress, with investors bracing for tougher A…
Democratic Congress Could Restrain Iran War, Not Tariffs, Osius Says
A Democratic Congress would likely curb war spending but struggle to unwind Trump's tariffs, former ambassador Ted Osius told For…
Elon Musk's $446m Midterms Spending Sets US Donor Record
FEC data shows Elon Musk has donated $445.77m to Republican-aligned groups this cycle, the largest single-cycle political donatio…
White House Rolls Back Some 50% Canada Tariffs Days Before Midterms
Starting 30 October, the US removes plywood, paper and machinery from its 50% Canada tariff list — four days before midterms. New…
Gasoline at $4.29: Why Trump's Fuel Moves Won't Cut Prices by November 3
Gasoline is up more than $1.25 a gallon versus 2025, and analysts say Trump's $8bn diesel subsidy and Russia import deal will do…