AI data center stocks and Musk's companies take hits as Democrats take control

What happened: Democrats won control of both chambers of Congress, with projections of 55 Senate seats and around 255 House seats, and the segment discussed possible negative effects on AI data center stocks and Elon Musk's companies. Key numbers: Projections of 55 Senate seats and around 255 House seats. Dow futures up close to 1000 points. Why it matters: The hosts said investors may be trepidatious about AI data center names, pointing to moves in some neo cloud stocks and Tesla, while Congress controlling the purse strings could mean more hearings and pressure on those companies. Market: -5.4% today ($487.65), +118.2% YTD, 1.5x vol — as of 17:33 UTC Verified: Q3_2026 (Nov 3) EPS $2.09 vs $1.94 est, +7.5% beat; next print ~Feb 2 Coverage: 6 outlets in 24h

Democrats won control of both chambers of Congress, with projections of 55 Senate seats and around 255 House seats, and the segment discussed possible negative effects on AI data center stocks and Elon Musk's companies.

The hosts said investors may be trepidatious about AI data center names, pointing to moves in some neo cloud stocks and Tesla, while Congress controlling the purse strings could mean more hearings and pressure on those companies. Market: -5.4% today ($487.65), +118.2% YTD, 1.5x vol — as of 17:33 UTC Verified: Q3_2026 (Nov 3) EPS $2.09 vs $1.94 est, +7.5% beat; next print ~Feb 2