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Tech giants lose $1 trillion in one day after Democrats victory in midterms
- Trillions of dollars have been wiped off the stock value of major tech firms in the US, Europe and Asia.
- Investors appear worried about the possibility of an AI slowdown and tougher regulation as Democrats won the midterms in the US.
- Some of the Democratic candidates had expressed their opposition to the data centres that are needed to power AI technology.
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