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Tech and AI stocks plunge as Nasdaq loses $2.5tn after election-driven regulatory fears Tech and AI stocks plunge as Nasdaq loses $2.5tn after election-driven regulatory fears

Tech and AI stocks plunge as Nasdaq loses $2.5tn after election-driven regulatory fears

Shares in major technology and artificial intelligence companies fell sharply on Thursday, deepening a market rout that wiped an estimated $2.5tn from the Nasdaq Composite. The selloff came as investors reacted to Democratic wins in key data-centre states and the prospect of tougher regulation on data centres and AI infrastructure. The losses also dragged down other major US indexes, with the S&P 500 and Dow Jones Industrial Average both closing lower.Nvidia fell more than 9%, while AMD and Micron each dropped by more than 17%. Intel was down 10.3%, and SanDisk plunged by more than 22%, underscoring how heavily exposed... [Continue Reading]

360LiveNews 360LiveNews | 05 Nov 2026 22:04 LONDON

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Oil falls below $100 as markets bet on possible Iran war de-escalation after U.S. midterm shift Oil falls below $100 as markets bet on possible Iran war de-escalation after U.S. midterm shift

Oil falls below $100 as markets bet on possible Iran war de-escalation after U.S. midterm shift

Oil prices fell below $100 a barrel after Brent and West Texas Intermediate both dropped more than 8% in the previous session, as traders reacted to the Republican Party losing control of Congress in the U.S. midterm elections. The move reflected a growing market view that the political shift in Washington could increase the chances of a negotiated end to the war involving the United States, Israel and Iran. Brent closed at $94.62 a barrel and WTI at $88.12, both their lowest levels since 31 August.The decline came after the Republican defeat, which left President Donald Trump facing a Congress... [Continue Reading]

360LiveNews 360LiveNews | 05 Nov 2026 12:29 LONDON
US midterm election results deliver major setback to Trump and Republicans US midterm election results deliver major setback to Trump and Republicans

US midterm election results deliver major setback to Trump and Republicans

Democrats have won majorities in both chambers of the US Congress after a midterm election that delivered a sharp setback to President Donald Trump and his Republican Party. The results mean Republicans will lose control of Congress, according to the supplied reporting, marking a major shift in the balance of power in Washington. The outcome was described as a broad rebuke to Trump, with Democrats making gains in several states.The confirmed results cited so far show Democrats taking control of the Senate and the House of Representatives. The reporting also says the Republican defeat was heavy, with Vice President JD... [Continue Reading]

360LiveNews 360LiveNews | 05 Nov 2026 01:29 LONDON
Democrats win control of both chambers in US midterms after key Republican seat flips Democrats win control of both chambers in US midterms after key Republican seat flips

Democrats win control of both chambers in US midterms after key Republican seat flips

Democrats have won control of both the House of Representatives and the Senate in the US midterm elections, according to results reported on Wednesday. The party secured a series of gains in Republican-held seats across Texas, South Carolina, Iowa, Michigan and Kansas, marking a significant setback for President Donald Trump and his party. Counting was still continuing in some races, but the outcome has already shifted control of Congress.The reported results show Democrats winning 228 seats in the House so far, with leads in 34 more races, according to the tally cited in the supplied material. In the Senate, Democrats... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 11:00 LONDON

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Democrats gain ground in U.S. midterms as Texas Senate race is projected Democrats gain ground in U.S. midterms as Texas Senate race is projected

Democrats gain ground in U.S. midterms as Texas Senate race is projected

James Talarico's victory in the Texas Senate race has been projected, adding to a broader Democratic showing in the U.S. midterm elections. Supporters reacted with cheers as the result was announced at an election-night gathering, where the mood was described as jubilant. If confirmed, it would make Talarico the first Democrat elected to the US Senate from Texas since 1988.The projection comes as Democrats are reported to have taken control of both chambers of Congress, marking a significant shift in Washington. In the Texas contest, supporters celebrated what they saw as a historic breakthrough in a state long dominated by... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 10:01 LONDON
Democrats sweep US midterm elections as gains widen in Congress Democrats sweep US midterm elections as gains widen in Congress

Democrats sweep US midterm elections as gains widen in Congress

The Democratic Party has widened its midterm election gains in the United States, with new reporting indicating it is on course to control both chambers of Congress. An election expert said the party could secure the largest House majority in nearly two decades, adding that the Senate tally may reach 55 or 56 seats. The result marks a major shift in Washington and follows a night of unexpectedly strong Democratic performance across the country.The latest reporting highlights historic breakthroughs in states long considered difficult for Democrats, including Texas and Kansas, where the party won its first Senate victories in decades.... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 09:29 LONDON
Democrats score historic statewide upset in Texas as Talarico and Hinojosa win Democrats score historic statewide upset in Texas as Talarico and Hinojosa win

Democrats score historic statewide upset in Texas as Talarico and Hinojosa win

Democrat James Talarico has won a US Senate seat in Texas, defeating state attorney general Ken Paxton in a result described as a historic blow to Republicans. In a separate statewide contest, Democrat Gina Hinojosa unseated incumbent Governor Greg Abbott, according to the supplied report. The twin victories mark a major political shift in a state long regarded as a Republican stronghold.Talarico, a former schoolteacher, told supporters at a victory rally in Austin that his campaign had "defeated Goliath". He said the race had pitted his side against "the richest man in the world, the most powerful man in the... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 07:02 LONDON
Democrats regain control of the US Senate as Texas delivers major upset Democrats regain control of the US Senate as Texas delivers major upset

Democrats regain control of the US Senate as Texas delivers major upset

Democrats have regained control of the US Senate after projected wins in a series of closely fought midterm races across several states. The latest and most striking result came in Texas, where James Talarico defeated Republican Ken Paxton in what was described as a major upset. The outcome adds to a broader Democratic sweep that has shifted control of Congress.Talarico's victory is the first time a Democrat has won a US Senate seat in Texas since 1988. He campaigned on the rising cost of living and emerged from relative obscurity to become a central figure in the race. The contest... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 05:59 LONDON
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Democrats win surprise Senate pickups in North and South Carolina Democrats win surprise Senate pickups in North and South Carolina

Democrats win surprise Senate pickups in North and South Carolina

Democrats have won surprise Senate races in North Carolina and South Carolina, according to projections from multiple outlets, in a result that strengthens their path to control of the chamber in the US midterm elections. The two victories came as Republicans went into Tuesday holding a 53-47 majority and needing to defend several seats across the country. The results were described as a setback for President Donald Trump and his party in a contest that remains close overall.In North Carolina, Democrat Roy Cooper was projected to defeat Trump-backed Republican Michael Whatley, giving Democrats a crucial pickup in a state that... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 03:59 LONDON
US midterm elections enter key vote-count phase as polls close in six states US midterm elections enter key vote-count phase as polls close in six states

US midterm elections enter key vote-count phase as polls close in six states

Another round of polls closed at 7pm ET in six states, including Florida, Georgia, New Hampshire, South Carolina, Vermont and Virginia, as the US midterm elections moved deeper into the vote-count phase. Voters are deciding the balance of power in Congress for President Donald Trump's final two years in office. The results will determine which party controls the House of Representatives and the Senate.The latest round of closures adds to a contest in which 35 Senate seats and all 435 House seats are on the ballot. Republicans currently hold 53 Senate seats to the Democrats' 45, with two independents, while... [Continue Reading]

360LiveNews 360LiveNews | 04 Nov 2026 00:29 LONDON
First polls close in US midterm elections as results begin to come in First polls close in US midterm elections as results begin to come in

First polls close in US midterm elections as results begin to come in

The first polls have now closed in the 2026 US midterm elections, marking the start of the count in a contest that will decide control of Congress. Results are beginning to come in from Kentucky, including the state's 6th congressional district, one of the first closely watched races to report. The vote is being followed closely because all 435 House seats and 35 Senate seats are on the ballot.In Kentucky's 6th district, polls closed at 6pm local time, or 23:00 GMT, after a day of voting across the country. The district includes Lexington, the state's second-largest city, and is being... [Continue Reading]

360LiveNews 360LiveNews | 03 Nov 2026 23:29 LONDON
US House midterm races tighten as Democrats target narrow Republican majority US House midterm races tighten as Democrats target narrow Republican majority

US House midterm races tighten as Democrats target narrow Republican majority

Republicans are defending a narrow majority in the US House of Representatives as the midterm election contest tightens in several closely watched districts. Democrats need to net four seats to take control of the chamber, and the balance of power is being shaped by a series of toss-up races. The contest is also being influenced by a broader redistricting fight that has altered the map in several states.One of the most vulnerable Republican-held seats is in New York, where Representative Mike Lawler is running in a district won by Kamala Harris in 2024. His Democratic challenger, Cait Conley, is a... [Continue Reading]

360LiveNews 360LiveNews | 03 Nov 2026 21:30 LONDON

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Florida Learjet crash as investigators say jet may have broken apart before impact Florida Learjet crash as investigators say jet may have broken apart before impact

Florida Learjet crash as investigators say jet may have broken apart before impact

Investigators in Florida say parts of a private jet may have broken off before it crashed and killed all nine people on board. The Learjet 60 came down on Military Trail in Palm Beach, a six-lane road lined with businesses and restaurants, after departing Austin, Texas and heading for the Bahamas. The aircraft nosedived into the roadway and exploded on impact, leaving a large crater and scattering debris across the surrounding area.The National Transportation Safety Board said weather conditions will be a major focus of the inquiry, and officials said severe storms complicated access to the wreckage. Heavy rainfall and... [Continue Reading]

360LiveNews 360LiveNews | 03 Nov 2026 10:33 LONDON
US midterms set to deliver verdict on Trump presidency US midterms set to deliver verdict on Trump presidency

US midterms set to deliver verdict on Trump presidency

Americans are voting in midterm elections that are being framed as a verdict on Donald Trump's second presidency. The contest could reshape control of Washington, with Democrats positioned to gain the House and challenge for the Senate. All 435 House seats and 35 Senate seats are at stake, alongside governorships in 36 states.The immediate political stakes are high because Republicans currently hold a 53-47 Senate majority and control the House. Democrats would need only three House gains to take the chamber, while a net four-seat shift in the Senate would be enough to change control there as well. If Republicans... [Continue Reading]

360LiveNews 360LiveNews | 03 Nov 2026 03:29 LONDON
Trump warns midterms are the most important in his lifetime as Republicans face polling headwinds Trump warns midterms are the most important in his lifetime as Republicans face polling headwinds

Trump warns midterms are the most important in his lifetime as Republicans face polling headwinds

Donald Trump has held his final major campaign event before Tuesday's US midterm elections, casting the vote as decisive for the future of Republican control in Congress. Speaking in Washington, DC on Monday afternoon, he said the contest was "the most important midterm, I believe, in our lifetime". He also urged supporters to keep Congress "strong and free" as polling points to a difficult night for his party.Trump acknowledged that his Republican Party faces an uphill battle, and he pointed to the long-standing pattern of the president's party losing ground in midterm elections. Analysts cited in the reporting say Republicans... [Continue Reading]

360LiveNews 360LiveNews | 02 Nov 2026 22:00 LONDON
Record early voting tops 53.6 million ahead of U.S. midterm elections Record early voting tops 53.6 million ahead of U.S. midterm elections

Record early voting tops 53.6 million ahead of U.S. midterm elections

More than 53.6 million Americans had already voted early ahead of Tuesday's U.S. midterm elections, according to figures released on Sunday by the Election Lab at the University of Florida. The total has already surpassed the roughly 46 million early votes recorded across the full 2022 midterm cycle. The final stretch of early voting ended in some states, including New York, as the country moved into the last days before election day.The data showed that about 29.8 million ballots had been cast in person by midday on Sunday, while 23.9 million had been sent by mail. The figures also suggested... [Continue Reading]

360LiveNews 360LiveNews | 02 Nov 2026 11:32 LONDON

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Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 23 May 2026 08:00 LONDON
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