FinanceReutersabout 2 hours ago
Midterm Sweep Fuels $750 Billion Tech Rally
2 min read
Democrats' midterm election victory sent shares in US tech giants soaring on Wednesday, adding potential value of more than $750 billion. Amazon surged 7.4%, while Apple jumped nearly 7%. Analysts warn that curbs on Texas data-center construction could slow capital expenditure for hyperscalers planning to spend over $740 billion this year.
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