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By Rodrigo Santos Andrade
A tech-driven market selloff rippled across global markets Friday, sending Asian and European stocks falling amid ongoing worries that a Democrat-controlled Congress could stymie the AI investment boom.
Tech-heavy indexes in Asia were hit particularly hard Friday, following a Wall Street rout that wiped out roughly $2.5 trillion in market value.
CNN’s Matt Egan runs through the numbers and the CNN This Morning "group chat" breaks down the impact of midterm elections on the market.
0:00 Global markets react to $2.5 T sell-off in US markets
4:26 Tech reporter describes "panic" at AI companies after the elections
9:06 Will AI data center growth be delayed or stopped?
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