AI STOCKS HAVE SLID IN AFTERMATH OF THE MIDTERMS . WHAT DOES IT MEAN FOR YOUR 401 ( K )?

What happened: AI stocks fell sharply after Democrats regained control of Congress in the midterms, with Nvidia down 8 percent, AMD down 16 percent and CoreWeave down 15 percent. Key numbers: Nvidia -8 percent, AMD -16 percent, CoreWeave -15 percent, Nasdaq -5.42 percent, 35 of 41 data-center ballot measures restricted or rejected, 401(k) stock allocation averages 89 percent in the 20s and 57 Why it matters: Investors fear federal oversight could slow data-center construction by up to 30 percent by 2028, and Morningstar's AI index remains up 20.2 percent this year despite the slide. Coverage: 7 outlets in 24h

AI stocks fell sharply after Democrats regained control of Congress in the midterms, with Nvidia down 8 percent, AMD down 16 percent and CoreWeave down 15 percent.

Investors fear federal oversight could slow data-center construction by up to 30 percent by 2028, and Morningstar's AI index remains up 20.2 percent this year despite the slide.