ADVFN US – Market Content Editor
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Gold Mining Shares Rally as Democratic Midterm Victory Weakens US Dollar and Lifts Bullion Prices
US-listed gold mining stocks advanced sharply in premarket trading on Wednesday as gold prices climbed following the Democratic Party’s victory in both chambers of Congress during the US midterm elections. Spot gold rose 3.02% to $4,446.90 per ounce, supported by a weaker US dollar, which fell to its lowest level in a month after the…
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Space Exploration Technologies Shares Fall 4.5% as Democratic Election Victory Raises Regulatory and Investment Concerns
Space Exploration Technologies Corp. (NASDAQ:SPCX) shares declined 4.5% in premarket trading following the 2026 US midterm elections, as a Democratic victory in both chambers of Congress raised concerns about increased regulatory scrutiny of Elon Musk’s businesses, government contracts and the company’s expansion into satellite communications and artificial intelligence infrastructure. The decline reflected investor uncertainty surrounding…
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Tesla Shares Fall 4.5% as Democratic Midterm Victory Raises Regulatory and Merger Concerns
Tesla (NASDAQ:TSLA) shares declined 4.5% to $380.55 in premarket trading on Wednesday after early results from the 2026 US midterm elections pointed to a Democratic victory in both chambers of Congress, raising investor concerns about potential regulatory scrutiny of Elon Musk’s businesses. The political developments added to existing uncertainty surrounding Tesla’s autonomous driving operations, speculation…
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Can transforming leadership usher in a new phase of growth?
For early-stage energy companies, success is often determined by more than the quality of their projects. The ability to finance, develop, permit, construct, and ultimately monetize those projects depends heavily on the leadership team guiding the business. This article is disseminated in partnership with NUE Power Corp. It is intended to inform investors and should…
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Trump Media Shares Fall 7.4% as US Midterm Election Results Trigger Political Sell-Off
Trump Media & Technology Group Corp. (NASDAQ:DJT) shares declined 7.4% to $5.51 in premarket trading on Wednesday as early results from the US midterm elections pointed towards a Democratic victory in both chambers of Congress, prompting investors to reverse positions established ahead of the vote. The decline followed a gain of approximately 6% in the…
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CoreWeave Shares Fall 3.1% as Democratic Election Victory Adds to AI Infrastructure Concerns
CoreWeave (NASDAQ:CRWV) shares declined 3.1% in premarket trading on Wednesday after Democrats secured control of both chambers of the US Congress in the midterm elections, raising concerns about tighter regulation of artificial intelligence infrastructure and potential restrictions on data centre development. The decline reflected growing uncertainty surrounding the regulatory outlook for specialised cloud computing providers,…
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AI Data Centre Stocks Fall as Democratic Midterm Victory Raises Regulatory Concerns
Shares of artificial intelligence infrastructure companies declined in premarket trading on Wednesday after the Democratic Party secured control of both chambers of the US Congress in the midterm elections, prompting concerns about tighter regulation, changes to technology tax incentives and increased scrutiny of data centre development. The political shift added to existing pressure on AI-related…
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Oracle Cancels $7 Billion Tencent AI Chip Leasing Agreement Amid US Regulatory Pressure
Oracle (NYSE:ORCL) has cancelled a $7 billion agreement to lease advanced artificial intelligence chips to Chinese technology group Tencent (HKEX:0700), following concerns raised by US officials over China’s access to American semiconductor technology, according to a Financial Times report published on Wednesday. The five-year contract would have provided Tencent with access to as many as…
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Super Micro Computer Shares Jump Over 7% as Q1 Earnings Beat Estimates and AI Server Demand Drives Growth
Super Micro Computer (NASDAQ:SMCI) shares climbed more than 7% in premarket trading on Wednesday after the server manufacturer reported fiscal first-quarter earnings and revenue significantly above Wall Street expectations and issued stronger-than-anticipated guidance, supported by continued demand for artificial intelligence infrastructure. The company, commonly known as Supermicro, reported adjusted earnings of $1.81 per share for…
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AMD Shares Surge Nearly 8% as Q3 Earnings Beat Forecasts and Revenue Outlook Exceeds Expectations
Advanced Micro Devices (NASDAQ:AMD) shares climbed nearly 8% in premarket trading on Wednesday after the semiconductor company reported third-quarter earnings and revenue above Wall Street estimates and issued stronger-than-expected guidance for the final quarter of 2026. The California-based chipmaker reported adjusted earnings of $2.09 per share on revenue of $13.38 billion for the third quarter,…