Democrats' takeover of both chambers of Congress in the midterm elections drew mixed reactions from investors and business leaders Wednesday, with some anticipating greater economic stability and others warning of increased scrutiny of artificial intelligence and data center development.U.S. stock futures initially declined overnight as investors assessed the potential for tighter regulation of AI, cryptocurrency and data centers. Futures later recovered after President Donald Trump said he would accept the election results, according to Reuters."This has helped ease some concerns about prolon...
Business leaders, investors weigh impact of Democrats’ midterm sweep on markets, AI and travel
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Wayne G Fraser
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