Stock market meltdown over AI fears
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Nov. 5, 2026, 10:32 AM EST / Updated Nov. 5, 2026, 11:19 PM EST
Stocks plummeted Thursday, as a blue wave of victories by anti-AI candidatesfrom Maine to Alaska added to already growing fears about the durability of the more than just data centers have been elected to office, raising the prospect of increased regulation on an industry that is the primary driver of U.S. economic growth.
Trump weighed in Thursday to blame the plummeting of stocks on Democrats.
“The Stock Market suffered one of the Worst Days in History based on the results of the Election. Such a sad thing to watch!” Trump
<p>Dow components Cisco and Caterpillar, which are both major suppliers to AI data centers, also dropped around 6%.</p></div>”>
