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US tech stocks recover after selloff spooks investors over AI spending

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US tech stocks rebounded after AI spending fears triggered a selloff, while anticipated Democratic midterm wins raised concerns about increased AI regulation.

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Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulationUS tech stocks made a recovery Tuesday afternoon after a selloff spooked investors over AI spending.The impact of Tuesday’s midterm elections didn’t appear to have a huge impact on Wall Street, though investors are predicting Democrats get at least a majority in the House and potentially gain seats in the Senate, which could lead to more AI regulation. Continue reading...

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