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Stock prices for neoclouds fall after Democratic sweep, Bloomberg reports

Developing· 3 independent sources

Published:

Stock exchange
In the photo: Stock exchange. Illustrative photo: TomasEE / Wikimedia Commons, CC BY 3.0

Summary

Stock prices for so-called neoclouds are falling after the Democratic sweep of Congress and a handful of governor races, according to Bloomberg. Investors are reassessing their portfolios in response to the US Midterm elections, eNCA reports. US stock markets are declining after an initial rise on Wednesday, as investors sell off stocks supported by President Trump, eNCA reports. Investors are also moving out of AI-linked stocks such as chip makers and data-center suppliers due to concerns over potential tighter regulations, eNCA reports.

Key facts

Each fact shows how far it is verified and the sources behind it.

According to preliminary information

Developing

Preliminary information; it may change as the story develops.

Sources

Every source of this story with its tier and affiliation. Several reports by one source count as one.

  • Bloomberg

    T4 · unknown origin · affiliation not stated · international

  • dev.by

    T2 · established media · independent · international

  • eNCA

    T2 · established media · company · international

  • CNBC

    T2 · established media · company · international

Versions and corrections

  1. Published: Version 1 · current

Minor edits such as typos create a new version without a notice. All corrections