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Tech giants rally after Democrats win midterms, easing market uncertainty and boosting hyperscalers.

04 Nov 2026, 21:37 WIB
CNBC
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Bullish
Tech giants rally after Democrats win midterms, easing market uncertainty and boosting hyperscalers.

Following the Democrats' victory in the midterm elections, major technology stocks like Amazon, Google, Microsoft, Meta, and Apple surged significantly. The election results reduced market uncertainty, with experts expecting moderation in growth and inflation, which helped lift stocks. However, local voter opposition to AI data center projects in many states raised concerns about future regulatory hurdles, especially for smaller AI cloud providers. Despite this, well-capitalized hyperscalers are expected to benefit from increased regulation, as they have the resources and experience to navigate these challenges and continue expanding AI infrastructure.

The easing of investor uncertainty after the midterm elections has clearly boosted major tech stocks, as seen in their strong gains on Pluang. Amazon shares jumped 7.10% to USD 268.48, Microsoft rose 6.98% to USD 557.35, and Apple gained 6.26% to USD 352.68 as of Nov 05, 2026 02:51 WIB. Despite some local opposition to AI projects, these hyperscalers continue to attract significant attention from investors on Pluang.

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