Stocks plunge over AI restriction fears as Democrats win control of Congress
The stock market sank Thursday after a post-midterm rally amid fears of new AI restrictions under Democrats. CBS News' Brooke DiPalma and Natalia Brand break it down.
EL PASO, Texas (KTSM) — Stocks plummeted Thursday, Nov. 5, following the historic Democratic sweep in the midterm elections, which has added to already growing fears over a potential slowdown in Artificial Intelligence (AI) infrastructure build-out. The Nasdaq, which is full of AI-related and other tech stocks, sank 11.9% below its all-time high set last [...]
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