NASDAQ up 3% yesterday down 5% right now. The line is they are afraid Dems will regulate Ai because that's what people voted for and if they slow buildout of Ai it will hurt the economy.
It's already slow that's why the markets have been sideways for months now everyone figured out Ai is a bubble. That's why as discussed the Ai CEO's asked for regulation, they want to be able to blame someone else when it doesn't create a golden age of abundance.
Feel bad for a friend of mine she can't sell her company stock until the 10th, it was at 40 like 2 days ago and she was getting all excited and it's at 27 right now. Anybody connected to Ai or chips is getting absolutely hammered