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A Fast Company newsletter commentary argues that tech companies' efforts to appease President Trump are becoming less central to their political strategy. It suggests that navigating a Democratic Party that now holds more power presents a bigger challenge for the industry going forward.
US stock markets saw sharp declines on Thursday, with the Nasdaq hit hardest among indices tracking major tech firms including Alphabet, Nvidia, Meta and Apple. The sell-off followed this week's midterm elections, in which Democrats secured sweeping wins that give the party full control of Congress. Several prominent Democratic candidates had campaigned on curbing the unchecked growth of data centres that support AI development.
A commentary argues that with Democrats poised to gain control of the House and Senate, lawmakers should pursue impeachment proceedings against Robert F. Kennedy Jr. The piece frames this as a priority once Democrats hold majorities in both chambers.
A broad selloff in technology shares erased roughly $2.5 trillion in market capitalization, according to reports. Investors are reacting to expectations that an incoming Democratic-led government could impose stricter oversight on AI and tech firms than the current administration.
Voters head to the polls today, November 3, 2026, in midterm elections that could shift the balance of power in Washington. Forecasts suggest Democrats have a chance to retake both the House and Senate, though final results are not yet known.
Democrats on the Senate Foreign Relations Committee released a report finding that women hold fewer top national security positions under the Trump administration, noting only four women currently serve in Cabinet roles. The report compiles data on senior appointments across national security agencies to highlight the gender makeup of the administration.
Texas Democrat Rep. Greg Casar told Gizmodo that the three most pressing AI-related dangers are mass unemployment, mass surveillance, and mass destruction. His comments come amid broader criticism that Democratic lawmakers have been slow to craft policy responses to public anxiety over artificial intelligence.
Progressive group Swing Left has spent the past year using an AI-based system during door-to-door canvassing, aiming to counter perceptions that Democratic politicians are out-of-touch elites. The effort has included campus outreach, such as canvassing at East Stroudsburg University in Pennsylvania, where organizers engage students directly at their dorms.
With election forecasters shifting more races toward Democrats six weeks before voting, existing Democratic-authored AI bills are being cited as a preview of the party's regulatory priorities if it gains control of Congress. Fast Company's AI Decoded newsletter highlights these bills as indicators of favored approaches to AI oversight, including transparency and safety requirements.
Residents in rural Texas towns like Bells are organizing against proposed AI data center developments, citing concerns over water use, noise, light pollution, rising utility bills and falling property values. The opposition, sparked by incidents like survey markers appearing near homes, has grown into public pushback at local meetings, with some communities moving to block or restrict such projects.
Shopping mall values climbed 13%, outpacing other commercial real estate categories according to recent data. The gain signals renewed investor confidence in retail properties that had struggled during years of e-commerce disruption and pandemic-era vacancies.
With 2026 primaries mostly wrapped up, Democrats are eyeing several paths to retake the Senate majority beyond their original four-state plan targeting Alaska, North Carolina, Ohio and Maine. Strategists point to President Trump's approval rating dropping below 40 percent—and even near 30 percent in one poll—amid an unpopular Iran conflict and rising gas and grocery costs. In Alaska, former Rep. Mary Peltola leads incumbent Sen. Dan S. Sullivan by over 5 points, while a same-named candidate, Dan J. Sullivan, also made the general-election ballot, potentially confusing voters.