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A Democratic sweep of US Congress pulls down Asian tech stocks, as investors rethink trades built around Trump's policy agenda for AI infrastructure and crypto (Bloomberg)

Techmeme2026-11-04 14:150 views

A Democratic sweep of US Congress pulls down Asian tech stocks, as investors rethink trades built around Trump's policy agenda for AI infrastructure and crypto (Bloomberg)

Bloomberg:
A Democratic sweep of US Congress pulls down Asian tech stocks, as investors rethink trades built around Trump's policy agenda for AI infrastructure and crypto — Global markets pared a selloff sparked by a Democratic sweep of the US Congress, as investors weighed tougher scrutiny …

Source：https://www.techmeme.com/261104/p3#a261104p3

PreviousIndia-based EloElo, whose Story TV microdrama app has 33M+ estimated active users, raised an $80M Series C from Hornbill Capital and NBCU at a $500M valuation (Ivan Mehta/TechCrunch)NextSources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration (Financial Times)

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