Global tech stocks wobble over AI regulation fears after midterms | First Thing

What happened: Global tech stocks fell after Democrats' midterm victory raised fears of tighter AI and datacenter rules. A Wall Street sell-off spread to Asian markets and London. Key numbers: Nasdaq fell 5.5% on Thursday, its worst day in 19 months. Why it matters: Susannah Streeter of Wealth Club said the tech sell-off has intensified, with worries that a datacenter build-out slowdown risks the spending spree underpinning the boom as investors grow nervous about returns. Coverage: 8 outlets in 24h

Global tech stocks fell after Democrats' midterm victory raised fears of tighter AI and datacenter rules. A Wall Street sell-off spread to Asian markets and London.

Susannah Streeter of Wealth Club said the tech sell-off has intensified, with worries that a datacenter build-out slowdown risks the spending spree underpinning the boom as investors grow nervous about returns.