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2026-11-05 10:56:26
[Post-Midterm Elections: Billionaire Political Crackdown and Wall Street Rally, AI Data Center Prospects Become Focus] (1) Following the Democratic Party's landslide victory in the midterm elections, some of America's wealthiest donors attacked each other over record election spending, while others warned that the results could threaten the AI boom; Wall Street welcomed the political deadlock and reduced uncertainty, with the Dow Jones Industrial Average rising 3%, the S&P 500 rising 1.6%, and the Nasdaq rising 1.4%. (2) Branson criticized tech entrepreneurs and hedge fund managers for spending billions of dollars to influence elections and called for campaign finance reform; the Republican senator and gubernatorial candidate in Texas supported by Musk lost, despite his $224 million investment in the state, nearly half of his $474 million national political donations. (3) Hoffman called for money to stay away from politics, accusing Musk of spending huge sums to keep "authoritarian clowns" in power; Alex Soros celebrated the Democratic victory, saying "the world changed yesterday." (4) Billionaire investors are concerned about the impact of the Democratic Party's landslide victory on the AI boom: Ackman warned against slowing down AI development; Palihapitia said "the only way to destroy the AI boom is to destroy data centers." (5) Texas Governor-elect Inojosa had proposed halting new data center construction; Gerstner warned that at least 10 to 15 gigawatts of expected AI data center capacity may not be available by 2027, and Ives estimated that 10% of planned US data centers would not proceed; Lisa Su acknowledged increasing headwinds to AI expansion and urged tech companies to demonstrate the benefits of data centers to the community. (6) Wall Street may also find opportunities in the slowdown: new data centers reduce or increase the value of existing facilities and ease the spending burden on tech giants; large tech stocks surged on Wednesday, adding more than $750 billion to their market capitalization at one point, while small data center operators reliant on debt plummeted.
