Half-year election on the stock market: the dollar weakens, AI stocks fall

The recent midterm elections in the U.S. have led to a decline in the dollar and AI stocks. As Democrats gained control in Congress, the dollar weakened against the euro, with fluctuations noted overnight. The Hungarian forint also appreciated against the dollar. AI companies faced significant losses, with stocks dropping 4-6%, particularly affecting firms like SpaceX and CoreWeave. Investors are fleeing AI stocks due to growing unpopularity of data centers, especially after Democratic campaigns promised moratoriums on their construction. Texas, a key state for tech, saw a Democratic win, further impacting the sector.