
The Nasdaq records its biggest daily decline since April 2025, with more than $2.5 trillion in market capitalization erased.
AI-generated summary
Two days after the blue wave of the midterms and the large defeat of Donald Trump and the Republicans in many states, the American stock markets fell sharply at the close on Thursday.
Big wave of panic on Wall Street. Two days after the blue wave of the midterms, the American stock markets took a sharp downward trend at the close of the markets this Thursday.
The Nasdaq, with its strong technological coloring, suffered the greatest losses, with a drop of 5.52% and recording a drop in market capitalization of more than 2,500 billion dollars. As a result, it recorded its largest daily drop since April 2025 and Donald Trump's “Liberation Day”. Given the weight of the tech giants in other American indices, the S&P 500 and the Dow Jones also suffered the blow.
It is difficult not to see in this movement the direct impact of the midterm results. With the very large defeat of Donald Trump and the Republicans in many states of the country, many data center projects carried out by companies in the sector - essential for the development of AI - are threatened. According to a count from the Washington Post carried out on Thursday…
AI outlook — possibilities, not facts
Data center projects carried out by companies in the technology sector could be reduced or canceled following the defeat of the Republicans in the midterms.
Possible · Within months

The Tokyo and Seoul stock markets fell on Friday after Wall Street fell, with the Nikkei falling 5.69% and the Kospi 7.92%, triggering an automatic suspension of trading. Investors fear that the Democratic victory in the US midterm elections will slow investment in data centers dedicated to AI, penalizing technology stocks and chipmakers such as Samsung, SK hynix, Tokyo Electron and Kioxia.

Prime Minister Sébastien Lecornu announced on Tuesday, November 3, that the ceiling of the livret A would be raised next February, going from 22,900 euros to a range between 25,000 and 30,000 euros, with consequences for the State and savers.

Georges, 78 years old, pays 195 euros per month for his complementary health insurance, a contribution doubled in ten years. Illegible contracts and broker commissions, which can reach 15 to 20% and represent on average 9% of the contribution, cause prices to soar without being mentioned to policyholders.

Prime Minister Sébastien Lecornu announced on November 3 that the ceiling of the livret A will be raised next February, to a range between 25,000 and 30,000 euros, compared to 22,900 euros currently.

Pierpaolo Piccioli leaves Balenciaga after a little over a year, the third artistic director departure at Kering in a month after Anthony Vaccarello and Sean McGirr. Luca de Meo, who arrived in September 2025, is attempting a “reset” of the group whose shares have fallen following disappointing results, particularly at Gucci.

Societe Generale plans to close 148 sites, including 40 agencies, from the second quarter of 2027, reducing its network from 1,769 to 1,621 points of sale. No layoffs are planned, but 40 agency director positions will be eliminated and 376 employees transferred. The CGT-SG is opposed to this reorganization of the network.