US tech stocks recover after selloff spooks investors over AI spending

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Guardian Business

US tech stocks recover after selloff spooks investors over AI spending

Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulation US tech stocks made a recovery on Tuesday afternoon after a selloff spooked investors over AI spending. Tuesday’s midterm elections didn’t appear to have a huge impact on Wall Street, though investors are predicting Democrats get at least a majority in the House and potentially gain seats in the Senate, which co…