'Lawyer up': Democrats target Trump, Big Tech after midterm sweep

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• Midterm Takeaways: Tech billionaires suffer horrible night as Democrats drub Republicans

  Democrats took control of Congress on Tuesday night, a sharp rebuke to President Donald Trump and his economic record, as voters voiced frustration over rising prices, government corruption and the AI data center build-out. Democrats won key Texas races, with James Talarico defeating Ken Paxton for a U.S. Senate seat and Gina Hinojosa defeating Gov. Greg Abbott, the first Democratic governor of Texas since Ann Richards left office in 1995. Democrats also won in South Carolina, Ohio, Iowa, North Carolina, Georgia and New Hampshire, while many Trump-endorsed candidates lost. Elon Musk, the cycle's largest individual political donor, spent record sums backing Republicans without success, and his spending may have become a liability as voters raised concerns about billionaire influence. The result is expected to make Congress more adversarial toward tech companies and AI data center projects, and futures for the Dow and S&P 500 slipped as the gains became clear.

  CNBC·04/11, 07:03• TSLAmidterm electionsDemocratic PartyElon Musk
• Trump's 'Mr. Veto' Threat Hangs Over Wall Street: Tech Sell-Off Is 'More Than Just A Correction,' Analyst Says

  The Kobeissi Letter said the tech stock sell-off is "more than just a correction," arguing investors are pricing in two years of political gridlock. Traders on Polymarket give Democrats a 95% chance of controlling the House and 77% for the Senate, while Trump has said he would become "Mr. Veto" if Republicans lost the House but also that he would eventually make deals. Fidelity data shows the S&P 500 has posted gains in the 12 months after midterm elections about 95% of the time since 1938. The S&P 500 is up 9.96% this year, while the Nasdaq has shed nearly $1 trillion in a week and about $2 trillion over the past month.

  Yahoo Finance·03/11, 04:50▼ QQQ▼ SPYmidterm electionsDonald TrumpDemocratic Party
• Will Crypto Rally After the Midterm Elections? If History Is Any Guide, This Happens Next.

  Bitcoin has historically performed strongly in the year after midterm elections, rising 1,579% in 2010-11, 24.1% in 2014-15, 44.9% in 2018-19 and 92.1% in 2022-23. Excluding the 2010-11 cycle, when the market was much smaller, Bitcoin gained an average of 54% in the year after midterms, according to CoinDesk. This cycle could differ: Trump has issued executive orders on a Strategic Bitcoin Reserve, Congress passed the Genius Act for stablecoins, but the Clarity Act has not passed, and Democrats are favored to win control of Congress and may demand more concessions from Trump. Bitcoin has typically surged for 12 to 18 months after its four-yearly halvings before falling into a bear market, so the post-midterm gains may partly reflect that pattern rather than the midterms themselves. Crypto remains extremely volatile, making near-term outcomes difficult to predict.

  Yahoo Finance·04/11, 10:35▲ BTC/USDT▲ ETH/USDTbitcoincryptomidterm elections
• Democrats win US House to secure control of Congress in midterms

  Democrats have won control of both chambers of Congress in the midterms, winning House seats in districts where Trump beat his Democratic opponent by up to 18 percentage points in 2024. They also flipped at least seven Senate seats in Kansas, Iowa, Texas, Ohio, Maine, North Carolina and South Carolina, according to the Associated Press. From January 2027 they will take control of House committees, allowing subpoenas and investigations into the Trump administration and his family's business interests, which could reshape the outlook for crypto legislation and bring greater scrutiny of Trump-linked digital asset businesses. Commentators cited affordability, including high energy costs and renewed rate increases, as the defining issue, while David Gokhshtein blamed Republican candidates for failing to connect with voters. Prediction markets had put the chance of Democrats winning both chambers at roughly 75% before the results were announced.

  Cointelegraph·04/11, 07:50• DXYmidterm electionsDemocratic PartyDonald Trump
• Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence

  Crypto has become a campaign issue in the U.S. midterms, mainly as a target of Democratic attacks rather than a topic in industry-funded ads, which avoid mentioning it. Democrats including Mark Warner and Sherrod Brown link the sector's political spending and its ties to President Donald Trump to corruption concerns. Brown said the crypto and data-center crowd had reached up to $40 million in spending, with much of the opposition ads against him in Ohio funded by the Fairshake super PAC. Fairshake also spent $2 million in a failed bid to defeat Oliver Gilbert in a Florida primary. A Fox News poll found 88% of voters were at least very concerned about government corruption, a top issue that gives these attacks weight.

  CoinDesk·22/10, 13:00cryptomidterm electionsDemocratic Party
• Trump to Pardon Elon Musk Soon? Crypto Punters Bet as Ross Gerber Calls GOP Midterm Loss 'Worst Possible Outcome' for SpaceX CEO

  Cryptocurrency punters are betting that President Donald Trump is the most likely to pardon Elon Musk. Veteran investor Ross Gerber said the Republican defeat in the midterm elections could create problems for the world's richest person.

  Yahoo Finance·05/11, 02:47• TSLAElon MuskDonald TrumpTSLA

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• IonQ vs. SoundHound AI: Which Technology Stock Is a Better Buy for 2027?

  The article compares IonQ (quantum computing) and SoundHound AI (conversational voice technology), two high-growth stocks in early expansion phases. In FY 2025, IonQ's revenue was nearly $130 million, up about 201.9%, but it posted a net loss of about $510.4 million; SoundHound reported revenue of about $168.9 million, up about 99.4%, and a net loss of nearly $14 million. The author sees IonQ as one of the few pure-play quantum options, but notes the quantum market is smaller than AI: $1.3 billion in 2025 per Fortune Business Insights, versus a forecast $1.9 trillion AI market by 2032 per Statista. If only one stock were picked, the author would choose SoundHound for its more mainstream use cases, while seeing both as possible small, speculative portfolio positions.

  Yahoo Finance·05/11, 04:50quantum computingartificial intelligencevaluation
• Gold and silver prices surge on Nov 5: Latest updates at Phú Quý, SJC, Doji, BTMC, BTMH

  On the morning of 5 November 2026, domestic gold and silver prices rose sharply, following international markets. Several firms quoted SJC gold bars at 139–141.5 million VND per tael to buy and about 144.5 million VND per tael to sell; SJC 99.99% gold rings were quoted at 138.30 million VND to buy and 142.30 million VND to sell. Phú Quý 999 silver (1 tael) was listed at 1,617,000 VND to buy and 1,667,000 VND to sell, while the 1 kg silver bar was at 43,119,892 VND to buy and 44,453,222 VND to sell. The article attributes the rally mainly to world gold (XAU/USD) around 4,136.36 USD/ounce, up 76.01 USD (+1.87%) after the U.S. midterm elections, as the dollar weakened and U.S. Treasury yields fell; world silver stood at 53.08 USD/ounce.

  CafeF·05/11, 04:50▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldXAUUSDsilver
• AMD Stock Jumped After Its Report. I'd Wait for a Lower Price to Buy.

  On Nov 3, AMD reported third-quarter revenue up 45% to $13.4 billion and expects 2027 revenue to rise over 80%, lifting shares about 7.5% in after-hours trading to roughly $520. The stock later slipped to around $490, about 25% below the $649.42 record close on Oct 6. Data center revenue rose 97% to a record $8.5 billion, but third-quarter free cash flow fell to $554 million as inventory climbed to $11.5 billion. Analysts expect 2027 adjusted EPS of about $16, putting the stock at roughly 31 times that forecast, and the author says he would not pay much more than around 30 times, or about $480. He is more confident in the 2027 outlook but sees the stock as worth considering for a small position only at or below $480.

  Yahoo Finance·05/11, 04:37AMDearningsvaluation
• Thanh Thanh Cong Investment buys back over VND 138 billion of bonds early

  Thanh Thanh Cong Investment (a member of the TTC Group ecosystem) bought back ahead of maturity the entire TTCCH2327002 bond issue worth VND 90 billion on November 4, 2026, and the remaining outstanding TTCCH2327001 bond issue worth VND 48.3 billion on November 2, according to disclosures to HNX. The actual buyback prices were nearly VND 102 million and over VND 100.06 million per bond, respectively. As of June 30, 2026, owners' equity stood at over VND 7,408 billion, and net profit for the first half of 2026 was nearly VND 594 billion, up VND 71 billion year on year. Total liabilities were nearly VND 22,440 billion, with bank loans rising VND 591 billion to over VND 8,901 billion, while outstanding bond debt stood at VND 1,220 billion.

  CafeF·05/11, 04:30bondsearningscredit
• Asian FX rises as dollar slides on U.S. vote, kiwi leads gains; yuan steadies

  Most Asian currencies strengthened on Thursday as the U.S. dollar retreated after Democrats won majorities in both chambers of Congress, easing political uncertainty. The New Zealand dollar led gains, rising 0.6% to $0.5651, while the yuan stabilised after Beijing intervened to slow its recent appreciation. The dollar index fell 0.3% to 101.26, after rising 0.3% on Tuesday, its biggest one-day gain since October 1. Markets still priced an 81.2% chance of at least a 25-basis-point Fed rate increase in December, up from 77.4%, after October private payrolls rose by 86,000 against a 69,000 forecast.

  Yahoo Finance·05/11, 04:30▼ DXY▲ NZD/USD▲ AUD/USD▼ USD/JPYexchange ratesUS dollarDXY
• Better Nuclear Energy Stock to Buy After the Sell-Off: Oklo vs. BWX Technologies

  Nuclear power stocks have fallen in 2026 even as AI-driven electricity demand keeps growing, with Oklo down 86% from its highs and BWX Technologies down 45%. BWX Technologies builds reactors for the U.S. Navy under long-term contracts, and its third-quarter commercial revenue rose 25% year over year to $314 million, while total revenue grew 10% to $953 million. It is expected to generate about $350 million in free cash flow this year, a price-to-free cash flow ratio of 34x at a $12 billion market cap. Oklo is a start-up with no reactors built and no NRC-approved design, its revenue is essentially zero, and its market cap is $4.3 billion. The article argues BWX Technologies looks more attractive because of its diversified exposure across the nuclear supply chain.

  Yahoo Finance·05/11, 04:20nuclear energyvaluationdefense