Donations of billionaires were wasted

Elon Musk, the richest person in the world, is seen as the largest individual donor with support of approximately $446 million. Most of this money was used through America PAC, founded by Musk in 2024, and the pro-Republican Party Senate Leadership Fund. The Texas Senate race was particularly prominent in spending. However, in Texas, Democrat James Talarico won the race. While Musk, who was constantly online on social media after the Texas defeat, did not tweet anything for 8 hours, Tesla and SpaceX shares fell by up to 5 percent in post-session transactions.

Among the names supporting the Democrats, former New York Mayor and businessman Michael Bloomberg stood out with a donation of over $60 million. Geosor Corp, founded by billionaire financier George Soros, and the Fund for Policy Reform transferred a total of $102 million to liberal groups.

How did the markets react?

After the Democrats took control of both houses of Congress in the US midterm elections, the first reaction in the markets was an exit from the dollar and oil. The initial sharp sales in American stock markets have partially subsided; S&P 500 futures are up 0.2 percent and Dow futures are up 0.4 percent, but the possibility of tighter regulation, especially for artificial intelligence companies, continues to pose risks to technology stocks.

While the expectation of a political deadlock put pressure on the dollar, safe haven demand increased as Brent oil fell to $94. While the ounce price of gold increased by 2.63 percent to $ 4,033, silver increased by more than 4 percent and was traded at $ 52. With the victory of the Democrats, there was also an increase in value in Bitcoin and Ethereum.

European stock markets reversed their initial losses with the results of the midterm elections. While the Nikkei index in Japan decreased by 1.4 percent, the Hong Kong Hang Seng increased by 1.1 percent and the Chinese Shanghai Composite Index increased by 2.2 percent. Borsa Istanbul also started the day with a remarkable rise. BIST 100 index opened at 11,157.96 points with an increase of 1.22 percent.

THE PEOPLE SENT A MESSAGE

According to the unofficial results of the midterm elections held in the USA, statements came from important figures in politics after the balance in Congress changed against the Republicans.

■ Former Democratic president Barack Obama: He sent a clear message that the American people want politics that brings people together rather than dividing them, and leaders who offer concrete solutions to the challenges they face.

■ US independent Senator Bernie Sanders: Democrats will now control the House of Representatives and the Senate, and Trump will be held accountable for his actions.

■ Elon Musk: My space lasers interfering with the elections did not work this time.

■ Spanish Prime Minister Pedro Sanchez: American society voted only against impoverishing policies, against hatred, against sexism, against climate change denial, and against the privilege of elites.

■ Kremlin Spokesperson Dmitry Peskov: Asked whether the US Congress could block Trump's peace efforts, he replied, "This is an internal matter of the USA."

■ Chinese Foreign Ministry Spokesperson Mao Ning: Midterm elections are internal affairs of the USA.

'This is an opportunity'

■ British Prime Minister Andy Burnham: President Trump has accepted the results and the world now has an opportunity to unite around an issue that affects us all: the cost of living.

■ Mustafa al-Bergusi, Secretary General of the Palestinian National Initiative Movement: The Palestine issue played a strong role in the election results.