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Top story Dow surges 1,500 points, biggest post-midterm rally in 44 years, as Democrats sweep Congress

Equities rallied on bets that a divided Washington will curb policy swings, with cheaper oil adding to the risk-on mood.

full coverage →marketselectionsequities
ReutersWall Street ends higher after Democrats win Congress; data center stocks tumbleFxempireNASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Rallies Despite AI Regulation WorriesThe Wall Street JournalStock Market Today: Dow Jumps 1,500 Points On Democratic Sweep of Congress - Live UpdatesCnbctv18Dow Jones rallies 1,500 points after Democrat sweep - Here are factors that contributed to the rallyEconomictimesUS Stock Market today: S&P 500, Nasdaq, Dow Jones jump after midterm elections results, Wall Street investInvestorsDow Soars, Leads Postelection Rally; These Three Giants Are BuysCNBCWhat was really behind Wednesday's monster rally? Trump quickly making peaceFoolStock Market Today, Nov. 4: Dow Surges 3% in Biggest Post-Midterm Rally in 44 YearsThe New York TimesStocks Rise as Democrats Flip Control of CongressForbesDow Gains 1,500 Points After Election Despite Musk, AI-Linked Stocks Finishing DownAolNelsonCorp: Dow Jones up, some stocks down after midtermsInvestingUnited States shares higher at close of trade; Dow Jones Industrial Average up 3.22% By Investing.comTipranksStock Market Wrap: S&P, Nasdaq 100 Jumped After Midterm Elections as Oil Plummeted Below $100KiplingerDow Rallies 1,590 Points on Midterm Relief: Stock Market Today
Oil plunges below $90 as midterm results raise hopes for an end to the Iran war

Crude slumped after Vice President JD Vance blamed Republican losses on the Iran conflict, feeding expectations of easing geopolitical risk.

full coverage →oilenergyelections
Data center and power stocks tumble as voters rebuff buildout in midterm ballot measures

Democratic wins in Texas and other states raised long-term questions about the AI infrastructure boom, hitting chip, utility and industrial names.

full coverage →datacentersaielections
CVS to split off drugstore business in major breakup; shares fall 10%

The move would unwind CVS's $78 billion Aetna acquisition and dismantle the vertically integrated healthcare conglomerate built since 2018.

full coverage →healthcaremergersretail
Democrats flip dozens of GOP seats in historic 2026 midterm rout

Democrats won seven Senate seats, roughly 30 House districts and five governorships, and are preparing an affordability agenda.

full coverage →politicselections
Qualcomm falls about 7% on weak outlook as memory costs weigh on smartphone demand

The company beat expectations but guided lower, citing rising component costs and the loss of Apple's modem business.

full coverage →semiconductorsearningssmartphones
SpaceX signs multiyear deal with Qualcomm to build Starlink Mobile 5G base stations

The agreement pairs SpaceX's satellite network with Qualcomm network technology for a US mobile service.

full coverage →telecomsatellitepartnerships
Trump Media shares hit a record low after Democrats' midterm sweep

The DJT decline cut into President Trump's net worth and weighed on allied tech billionaires' fortunes.

full coverage →marketselectionsmedia
3M strikes $7 billion settlement over 'forever chemical' firefighting foam claims

The deal resolves personal injury litigation tied to PFAS contamination from its foam products.

full coverage →legalchemicals
HP names former GSK chief Emma Walmsley CEO; shares jump over 6%

Walmsley, a restructuring veteran, takes over as the hardware maker pivots toward AI hardware.

full coverage →leadershiphardwareai
AMD data center revenue nearly doubles in Q3, but stock ends flat

The chipmaker beat estimates on AI demand, though valuation concerns capped the share reaction.

full coverage →semiconductorsearningsai
ADP says private sector added 86,000 jobs in October, above expectations

The payrolls report showed slower but still solid hiring heading into the midterms.

full coverage →economyjobsmacro
Goldman and Apollo in talks to sell SpaceX's $40 billion AI chip financing deal

The banks are seeking buyers for a large AI chip financing package tied to SpaceX, according to Bloomberg.

full coverage →financingaispace
Datadog beats but shares plunge on weak sales outlook and slower AI customer usage

Lower usage from a major AI customer weighed on growth guidance, sending the software stock sharply lower.

full coverage →earningssoftwareai
Novo Nordisk shares jump 6% after raising 2026 outlook on Wegovy pill demand

The drugmaker reported pill sales that exceeded expectations and issued an improved full-year forecast.

full coverage →pharmaearningsobesity
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