Goldman Sachs promotes 109 bankers to partner ranks but omits demographic data

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• Bloom Energy’s stock is one of the S&P 500’s biggest losers amid fears of data-center delays

  A sharp retreat across the technology sector on Thursday hit energy infrastructure plays as market sentiment turned risk-averse. Investors are growing increasingly apprehensive that data-center expansion projects could stall following the recent U.S. midterm elections. The resulting pullbacks signal mounting sensitivity surrounding the pace and delivery of key digital buildouts.

  1 min read
• AI stocks plunge after election, driving down US markets

  Democratic midterm election victories sparked widespread investor concern after voters nationwide approved extensive local curbs on technology infrastructure. These ballot initiatives threaten to stall massive future computing capacity, driving steep losses across chipmakers and data infrastructure firms. Consequently, capital fled into traditional safe-haven assets, sending gold to a multi-week peak.

  3 min read
• US stock market crash: Chip stocks extend sell-off, AMD, Arm, Qualcomm and Sandisk plunge up to 17%; Nasdaq down 6%

  Disappointing guidance from prominent tech firms alongside political shifts following Democratic midterm election gains ignited widespread fears across Wall Street. Market participants are growing increasingly skeptical of heavy artificial intelligence infrastructure spending while bracing for potential regulatory scrutiny on data centers. This combination of operational headwinds and policy uncertainty triggered massive losses across major benchmark indexes.

  4 min read