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Business • 2026-11-04, 04:04 ET • ~1 min read

AI stocks slide after Texas governor result raises data centre risks

AI stocks slide after Texas governor result raises data centre risks

AI stocks slide after Texas governor result raises data centre risks

AI stocks slide after Texas governor result raises data centre risks

Key points

اہم نکات

मुख्य बातें

  • Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race.
  • Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo.
  • Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.
  • Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race.
  • Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo.
  • Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.
  • Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race.
  • Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo.
  • Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.

Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race. Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo. Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.

Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race. Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo. Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.

Shares of AI infrastructure companies fell in overnight trading after Democrat Gina Hinojosa defeated Republican Greg Abbott in the Texas governor race. Hinojosa has backed a moratorium on new AI data centres, and investors worry about tighter permitting and other limits in a state that holds about 27 percent of planned US data centre capacity, according to Wells Fargo. Nasdaq-100 futures fell about 2 percent, CoreWeave fell 7 percent, Oracle fell 4 percent, and SpaceX fell 6 percent in tokenised trading on Robinhood.

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