Investors are grappling with a fresh crash in AI stocks. The selloff has come as a surprise, as many were expecting markets to continue rising following the Democrats’ victory in the midterm elections. Instead, some of the biggest technology and AI stocks are falling sharply, raising fresh concerns that the AI bubble may finally be bursting.
What History Says
Stocks have been higher one year after every midterm vote since 1946, including all four times both chambers flipped to the party...