Democrats’ win hits AI stocks hard on Wall Street

Asian and US stock markets fell sharply, with Wall Street experiencing its worst day in 18 months as billions in market value were erased, hitting AI companies particularly hard. The decline is seen as a reaction to the Democratic victory in the midterm elections, with economy editor Jorit Verkerk analyzing whether this signals an end to the rapid growth of artificial intelligence. The news comes from "In Het Nieuws," NRC's midday edition, which provides a 10-minute briefing on the day's top story, available on YouTube and via podcast.