Steve Weiss Says the Midterms Just Put a Lid on AI Spending. Here's Who Could Get Hurt
A 24/7 Wall St. article reports that Democrats' midterm wins, including Gina Hinojosa's defeat of Texas Governor Greg Abbott after her promised data center moratorium, sent AI infrastructure stocks sliding on November 4, 2026, with Vistra down 13.83% and Vertiv down 12.89%. Steve Weiss said on CNBC that the market sees the victory as forced control on capex, while the article argues power and cooling names have more to lose than chipmakers and tells retirement investors to watch permits, Georgia's promised executive pause, and hyperscaler capex guidance.
