● Nvidia Sinks 7% as Democrats Sweep Congress

Nvidia ($NVDA) posted its steepest one-day drop since April 2025, sliding 7% after Democrats won control of both chambers of Congress in Tuesday's midterms and signaled tougher scrutiny of AI data centers. The S&P 500 fell 3.1%, its worst session since the April 2025 tariff shock, and the Dow Jones dropped more than 1,250 points. The same election outcome investors had been bracing for all year is now being priced as a direct threat to the AI buildout that drove this year's rally.