TRUMP BLAMES STOCK MARKET NOSE - DIVE ON DEM MIDTERM VICTORIES AND THIS GRIPE IS ACTUALLY ACCURATE

What happened: President Donald Trump blamed the stock market drop on Democrats' midterm victories, and the article states his assessment is accurate. Stocks fell as investors feared a Democrat-controlled Congress would tighten rules on artificial intelligence. Key numbers: Nasdaq 100 fell 6.4 percent, wiping out $2.3 trillion in value, its worst session since March 2020. Why it matters: Investors fear Democrats will curb expansion of data centers that power AI systems. Sen. Bernie Sanders called for a national data center moratorium.

President Donald Trump blamed the stock market drop on Democrats' midterm victories, and the article states his assessment is accurate. Stocks fell as investors feared a Democrat-controlled Congress would tighten rules on artificial intelligence.

Investors fear Democrats will curb expansion of data centers that power AI systems. Sen. Bernie Sanders called for a national data center moratorium.