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Gina Hinojosa ended a 31-year Republican hold on the Texas governorship. Deb Haaland, Keisha Lance Bottoms and Xavier Becerra made history in their states, while Chris Pappas and Abdul El-Sayed broke new ground in the Senate.
Democrats will hold at least 250 House seats and at least 54 Senate seats, according to CNBC, flipping seven Senate seats and winning even in districts Republicans had redrawn in their favor.
President Trump said Defense Secretary Pete Hegseth will stay in his post after the midterms, even as the incoming Democratic majority prepares new oversight of the Pentagon.
The AP Voter Poll of about 100,000 midterm voters found roughly two-thirds blame the president's policies for inflation. Consumer prices rose 3.7 percent over the past year, up from 3 percent when Trump began his second term.
The Dow Jones Industrial Average gained more than 1,570 points — about 3 percent, its best day since April 2025 — as falling oil prices lifted stocks. The S&P 500 rose 1.6 percent.
Oracle canceled a five-year, $7 billion agreement to lease up to 100,000 advanced AI chips to Tencent. Analysts warn Democratic control of Congress could restrict data center development and threaten the roughly $900 billion AI capital spending cycle.
Nvidia is reportedly considering guaranteeing construction debt for Nscale's planned West Virginia AI data center serving Anthropic, TechCrunch reported. Separately, a federal court denied xAI's motion to dismiss an NAACP Clean Air Act lawsuit over gas turbines in Mississippi.
Iran's Revolutionary Guard reported two tankers and a tugboat caught fire in the Strait of Hormuz, in reports not independently confirmed. The U.S. carried out limited strikes on Qeshm Island, while Qatar stepped up mediation and oil prices kept falling on hopes of a deal.
Democrats will hold at least 250 House seats and at least 54 Senate seats, according to CNBC, flipping seven Senate seats and winning even in districts Republicans had redrawn in their favor.
The Dow Jones Industrial Average gained more than 1,570 points — about 3 percent, its best day since April 2025 — as falling oil prices lifted stocks. The S&P 500 rose 1.6 percent.
Nvidia is reportedly considering guaranteeing construction debt for Nscale's planned West Virginia AI data center serving Anthropic, TechCrunch reported. Separately, a federal court denied xAI's motion to dismiss an NAACP Clean Air Act lawsuit over gas turbines in Mississippi.
Iran's Revolutionary Guard reported two tankers and a tugboat caught fire in the Strait of Hormuz, in reports not independently confirmed. The U.S. carried out limited strikes on Qeshm Island, while Qatar stepped up mediation and oil prices kept falling on hopes of a deal.
The FAA has ordered sealant checks on 60 U.S. Boeing 787 aircraft over lightning risk. Separately, the NTSB said part of the tail came off before impact in a Florida jet crash.
Sony Pictures reported a 527% jump in quarterly profit, powered by the record-breaking box office run of 'Spider-Man: Brand New Day,' now the studio's highest-grossing film ever.
Democrats swept both chambers on November 3, but a midterm wave is a very different animal from a presidential election — and both parties would be foolish to read Tuesday as a coronation.
