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6 November 2026

US tech stocks rebound after AI-driven selloff as midterm votes are counted

First reported

The Guardian ran this on , 3 days before the next source picked it up.

  • US tech stocks recovered Tuesday after a brief selloff over doubts about heavy AI spending, with the Nasdaq up 0.83%.
  • Investors expect Democrats to win the House and possibly gain Senate seats, which could bring more AI regulation.
  • Apple fell 1.9% after forecasting weaker margins because memory chips cost more, while Nvidia rose 2.3%.

Reported by Bloomberg, The Guardian