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via finance.yahoo.comMarkets

Texas Election Rattles AI Data Centers as Nasdaq Futures Drop 2%

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — The open plains of Texas currently host roughly a third of all U.S. data center capacity under construction. Democrat Gina Hinojosa's victory in the Texas…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe Texas election outcome, with pledges to restrict data center power, hits the AI cloud sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gina Hinojosa's victory in the Texas governor race sent Nasdaq futures down 2% overnight.
  2. 02CoreWeave dropped 7% and Nebius Group slid 4%.
  3. 03Oracle shed roughly 4% in the downdraft.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
CoreWeave, Inc. Class A Common StockCRWVStock48.42 USDMarket closedtoday -9.90%Negative Nebius Group N.V.NBISStock141.52 USDMarket closedtoday -6.67%Negative Oracle CorporationORCLStock123.77 USDMarket closedtoday -1.92%Negative NASDAQ CompositeINDEX:IXICIndex25,736.51Market closedtoday +1.44%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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