DECRYPT · 2026-11-04 17:06 UTC

Tech, AI Stocks Split After Democratic Sweep: Microsoft Jumps, Tesla and Nvidia Tank

Tech stocks showed mixed results after Democratic midterm sweep, with Microsoft up 6.01% and Alphabet up 4.63%, while Nvidia fell 2.19%, Tesla dropped 3.61%, and Intel lost 5.80%. Investors are concerned about potential AI regulation and scrutiny of data centers under Democratic control, particularly in states like Texas and Georgia. Bitcoin recovered strongly to $80,512 (up 4.12%), and the Nasdaq-100 climbed 1.14% to 28,500 after an initial overnight selloff.

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