Turmoil in the AI Market: Wall Street’s Reaction to US Election Results

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According to Alhurra, financial markets on Wall Street and globally faced concerns regarding Democratic policies toward artificial intelligence following the US midterm elections. On Thursday, Wall Street lost approximately $2.5 trillion in market value, and the Nasdaq index experienced its worst day since April 2025. Donald Trump, in a post on Truth Social, blamed the Democrats for the crash, stating, 'The stock market crashed because the Democrats had big results on Tuesday; don't blame anyone but yourselves!' Conversely, economist Dr. Louis Hobeika views the situation as a 'natural market correction' following excessive investment, arguing that it will benefit the economy in the long run. Meanwhile, Democratic governors in states such as Texas and Ohio have pledged to impose stricter oversight on data centers and energy consumption.