This was the week the AI trade cracked. So what's next?
Big losses by AI shares in stock markets after Democrats won the midterm elections have left investors shaken and wondering comes next.
Business
Elon Musk appears to signal the end of the road for Cybertruck
Musk said it was to make room for production of its Cybercabs - autonomous taxis without a driver.
Stocks rebound after tech selloff that pushed Nasdaq into correction
The S&P 500 and Nasdaq edged up in early trading after a Thursday rout driven by concerns about a potential slowdown in data center construction.
Data centers are unpopular — and a key motor of economic growth
The political backlash against data centers is intensifying, threatening to choke off a critical source of U.S. investment, according to economists.
Exit polls show data centers weren't winners in 2026 elections
Big majorities of 2026 election voters opposed the building of data centers in their community.
Why the US midterms sparked an AI stock selloff
Fears of more AI regulation appear to have sparked fear among investors, but concerns about the industry have been growing for some time.
Data center backlash fuels votes for change, stock market swing
Concern over AI and misgivings about data center construction helped drive votes for change in the midterms — and fueled volatility on the stock market that experts say is likely to continue.
Why smoky bacon crisps threaten to reignite rows over EU rules
A post-Brexit deal on food standards has raised questions over the future naming of the classic British snack.
Hoax bomb threats affect at least 20 European flights within hours
At least 20 flights in Europe deal with bomb threats, adding to what one expert calls an unusual level of hoaxes in a short time period, suggesting "a very deliberate act."
Could the AI bubble burst after Democrats' midterms sweep? - The Latest
Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesla and Nvidia shed about $1tn in a single trading session.
PM tells firms to publish salaries in job adverts ahead of new law
The government argues the change will help jobseekers and could help to prevent pay discrimination.
Workers' rights 'second place' to economic growth
Jersey's Economic Development Minister has told the BBC that workers' rights may have to take 'second place' to economic growth.
Employers added 165,000 jobs in October, soaring past expectations
Hiring across the U.S. surged last month and unemployment dipped, a sign the job market is picking up speed.
Hiring jumps: The economy added 165,000 jobs last month
The U.S. job market improved last month, according to a report from the Labor Department Friday.
US job growth exceeds expectations in October despite economic uncertainty
‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December The US added 165,000 jobs to the economy in October, a sign of resilience in the labor market amid ongoing war in the Middle East and inflation, according to…
Case pitting "ER" against "The Pitt" can proceed, appeals court says
A California appeals court has found that "ER" and "The Pitt" have enough similarity that a lawsuit brought by the widow and estate of "ER" creator Michael Crichton alleging "The Pitt" is an unauthorized reboot can move forward.
Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI
Decision made in order for factory in Texas to be used for Cybercab, the carmaker’s self-driving taxi Elon Musk has announced that Tesla will wind down production of its Cybertruck, marking the end of a failed effort to take a chunk of the lucrative market for pickups in the US.
Dream ticket? Super-rich can sleep pretty with Singapore Airlines ‘largest double bed in the sky’
Cabin upgrade comes as airlines compete for wealthy customers in race to the top of luxury travel Singapore Airlines has said it will offer the “largest double bed in the sky” as part of a S$2bn (£1.2bn) cabin upgrade as super-rich passengers demand ever greater levels of luxury…
Why gold prices are surprisingly low
Gold tends to go up when there's uncertainty in the economy. For a while, the price reflected that.
3 charged with using AI to steal some $129 million from companies
Three people accused of using artificial intelligence to impersonate corporate executives and attorneys to steal about $129 million have been indicted, prosecutors say.
Stocks crater as midterms spur investor exodus from tech and AI
The tech-heavy Nasdaq is now in a "correction" as Wall Street weighs the impact of the Democrats' wins on the critical AI sector.
U.S. gas prices on track to fall below $4 a gallon, experts say
Fuel prices have dropped in recent weeks amid hopes that the midterm elections would increase pressure on the U.S. and Iran to reach a peace deal.
How does it affect me if share prices fall?
Changes in the FTSE 100 and other indexes are not just for financial experts, they can affect our lives.
Wendy's rejects $1.4 billion hostile takeover bid
Wendy's rebuffs unsolicited offer from Trian Partners, led by activist investor Nelson Peltz, and another group of investment firms.
Why markets experienced massive tech sell-off
A day after investors gave U.S. stocks a big post-election boost, the markets saw a massive sell-off over concerns about the future of artificial intelligence.
Fears of an AI crackdown after midterms spark $2 trillion rout in tech stocks
Shares sank, with the tech-heavy Nasdaq dropping over 5%, as investors reacted with fear that a Democratic Congress — and states across the country -— would crack down on AI and data centers.
The engine parts that 'fight the laws of the universe'
Investment has surged into the making of jet turbine blades - an extremely difficult component to make.
'I was asked if I was a crier': Your worst job interviews revealed
Bad job interviews can be horrible to experience in the moment, but there is a lot they can teach us about the world of work
Pasture mealybugs have killed off huge swaths of grasses in the Southeast
An invasive insect that's tough to detect and eliminate poses a multi-billion dollar threat to the agricultural economy — adding another stressor to farmers already stretched by high costs.
LIV Golf shutting down after debtors bail and players head for exits
Bankrupt LIV Golf, which sought to disrupt professional golf, will wind down its operations after failing to secure funding.