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Markets brace for AI crackdown after Democrats sweep US midterms

Markets brace for AI crackdown after Democrats sweep US midterms
Image: City A.M.

Global technology stocks wobbled after the US Democratic party swept the midterm elections, setting the AI trade up for greater regulatory scrutiny. Democrats flipped control of both the House of Representatives and Senate, handing the party greater domestic control over US policy and introducing a major blocker to President Donald Trump’s agenda. In the US, [...]

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