# Tech stocks fall as midterm results raise AI spending doubts

> Original title: On theCUBE Pod: Blue wave sends AI stock plunging

- Source: SiliconANGLE · AI
- Published: 2026-11-09T17:13:05.000Z
- Bad Influence: https://badinfluence.news/items/ajlf2dnelvoilpcgsar0w0fdh
- Original: https://siliconangle.com/2026/11/09/midterms-ai-data-centers-thecubepod/

## Summary

Tech stocks lost a collective $2.5 trillion in market value and the Nasdaq fell more than 5.5% after last week's midterms, as successful candidates ran against data centers and calling for greater AI restrictions. Investors anticipate a slowdown in AI spending, according to the TheCUBE Pod discussion between John Furrier and Dave Vellante. Vellante says enterprise AI monetization is still not self-funding, while the hosts say infrastructure beyond GPUs will decide winners.