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Wall Street appears to have found a silver lining following the Democrats’ sweeping victories in the 2026 midterm elections. With Democrats gaining control of both chambers of Congress, investors are considering whether more regulation could slow the construction of artificial intelligence (AI) data centers across the United States.
NEW YORK (AP) — A sell-off for tech stocks got even worse Friday on worries that Wall Street’s frenzy around artificial-intelligence technology sent prices too high.
The S&P 500 fell 1.2 per cent for its worst day since July, while the Nasdaq composite tumbled 2.6 per cent. The weakness for tech stocks was so overwhelming that it masked strength for the rest of the US market, where the majority of stocks actually rose. The Dow Jones Industrial Average added 11 points,…
For an industry that we’re told is central to our collective future, the artificial intelligence (AI) industry increasingly seems to be built on a combination of artificially inflated hopes and bad accounting.
Software stocks plummeted earlier this year amid concern that artificial intelligence (AI) would disrupt their business model.
Morgan Stanley expects Akamai’s revenue growth to reach about 16%, up from 5% in 2025.
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