Democrats Sweep 2026 Midterms, Winning Congress and Texas Governor's Race
The Democratic sweep reshapes the US political balance of power and sets up new constraints on the Trump administration heading into 2027.
Bloomberg.com · +14 outlets
Wall Street Warns Democrats' Midterm Wins Pose Risks to the AI Data Center Boom
Investors fear slower data center construction and tighter financing after candidates opposed to rapid buildouts won key races, hitting CoreWeave bonds.
Bloomberg · +14 outlets
Oil Prices Sink as Midterm Results Raise Hopes for Middle East Resolution
Traders are repricing crude on expectations the new Congress could shift US policy toward Iran and the wider region.
WSJ · +13 outlets
CVS Health to Spin Off $117 Billion Retail Pharmacy Business by 2028
The breakup separates the drugstore chain from Aetna insurance and Caremark pharmacy benefits, a major restructuring of a healthcare conglomerate.
Bloomberg · +8 outlets
Meta Raises €9 Billion in Debut Euro Bond Sale With Record €53 Billion of Orders
The record oversubscribed deal shows strong demand for AI-related corporate debt even among cautious European investors.
Bloomberg · +14 outlets
Qualcomm to Supply Equipment for SpaceX's Planned US Mobile Network
The deal signals SpaceX's intent to challenge incumbent US wireless carriers with a nationwide terrestrial network.
Bloomberg · +12 outlets
Texas Blue Wave Creates New Risks for SpaceX and Elon Musk's Business Empire
Democratic gains in Texas threaten the political and regulatory footing Musk's companies had built in the state.
Bloomberg · +13 outlets
CoreWeave Bonds Hit New Lows as Texas Data Centers Come Under Scrutiny
The AI cloud provider's debt sold off after data-center-skeptical candidates won several governorships, including Texas.
Bloomberg · +13 outlets
HP Names Former GSK Chief Emma Walmsley as CEO
The appointment ends a monthlong search after Enrique Lores departed the PC and printing giant earlier this year.
Bloomberg · +11 outlets
AI Inference Startup Fal Raises at $16 Billion Valuation, Doubling Its Value
Bessemer led a $1.3 billion round for the startup that hosts image, video and audio models for creators and developers.
Bloomberg · +8 outlets
Sequoia Capital to Close London Office and Cut Some Staff
The pullback marks a retreat from European on-the-ground investing by one of Silicon Valley's most prominent venture firms.
Business Insider · +9 outlets
Europe Pushes Sovereignty Drive After Trump's Electoral Setback
European tech and state leaders are recalibrating their approach to Washington as US political power shifts.
Bloomberg.com · +3 outlets
Rheinmetall Slashes Guidance Again as Orders Face Delays
Germany's largest arms maker cut its outlook for a second time, a setback for Europe's defense-industrial expansion.
WSJ · +2 outlets
Africa-Focused Payments Firm OPay Halts $300 Million US IPO After China Inquiry
The Nigeria-focused fintech pulled its listing hours after pricing, following inquiries from a Chinese regulator.
Bloomberg · +10 outlets
Crypto Giants Scrap Crime-Fighting Alliance as Hackers Circle
An industry initiative to curb illicit activity has quietly dissolved while digital-asset crime continues to rise.
Bloomberg · +3 outlets
Waymo Co-CEO Says Ending Uber App Deal Followed Rider Feedback
The robotaxi firm is moving away from its exclusive Uber partnership as it scales its own service.
Bloomberg · +6 outlets
Freeport-McMoRan to Invest $4.5 Billion in Arizona Copper and Molybdenum Mine
The expansion bet targets rising demand for copper tied to electrification and data center buildouts.
WSJ
Apple Services Revenue Hits Record $31.6 Billion but Growth Slows
The September quarter was the first earnings report under new CEO John Ternus, with services offsetting iPhone strength.
Variety · +1 outlets