AI Bubble Loses Its Tethers as US Midterms Send Tech Titans to the Ground
When the Democrats swept the midterms, tech stocks plunged, with Apple, Tesla and Nvidia shedding a combined $1 trillion in a single trading session, sparking fears that the AI boom may be deflated.
The moment the election‑night fireworks faded, the market’s fireworks exploded in a different way.
Global tech shares tumbled after the Democrats’ victory, with investors fearing that the AI engine might stall.
Analysts whisper that the AI bubble may have been inflated on a political roller‑coaster, and now the track has slipped.
Meanwhile, investors clutch their laptops like lifelines, hoping the next quarterly earnings report will rescue the bubble.
Some say the market’s reaction is a reminder that politics and tech are now inseparable, like a pair of mismatched socks.
If the AI slowdown materialises, the only thing that might stay afloat is the rumor that the next big breakthrough will come from a coffee shop in Silicon Valley.
Musk Trims the Road: Cybertruck to Make Way for Driverless Cabs
Elon Musk hinted that the Cybertruck will be phased out to free up production for a new line of autonomous taxis, the Cybercabs, which will…