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AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections

AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
Image: The Economic Times (India)

AI data centre stocks declined while renewable energy and healthcare shares rallied after Democrats won control of Congress in the US midterm elections. Investors assessed the possibility of tighter AI oversight and continued clean energy support. Defence contractors and prison operators fell amid concerns over changing government spending and immigration policies.

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