Democrats win Congress, AI stocks slide as clean energy rallies

hindustantimes.com —

Democrats seized control of Congress, causing AI data center stocks to fall and clean-energy shares to rally as investors reposition for tougher scrutiny of the AI boom and policy shifts. Data center operators like Core Scientific and Iren dropped over 3%, while solar firms First Solar and Sunrun surged 7% and 6.1%, respectively. Analysts expect more congressional hearings on AI spending, though legislation is unlikely to halt construction. Defense contractors fell over 2% on potential budget cuts, while hospital operators gained on universal healthcare prospects. Prison operators dropped over 5%, and Elon Musk-linked stocks like Tesla declined nearly 5% amid political uncertainty.


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