FinanceQuartzabout 1 hour ago
Big Tech Stocks Soar After Democrats Win
2 min read
Big tech stocks soared as investors bet Democrats could bring AI spending back to reality. Microsoft stock gained 7%, Alphabet rose 5.9%, and Meta advanced 3.6%. The group climbed 3.6% on Wednesday, putting it on track for its strongest session since Sept. 21. Democrats claimed majorities in the House and Senate, curbing AI development plans.
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