Democrats’ midterm win sends shockwaves through Wall Street! Nasdaq crashes 5% as AI stocks tank

US stock markets face a massive selloff as AI and technology stocks plunge, wiping out earlier market gains. The Nasdaq hits its lowest level since April 2025, while fears grow over a possible data center moratorium following the Democrats' election victory. Investors are increasingly concerned that tighter AI regulations and restrictions on data center expansion could slow the AI boom, triggering a sharp decline in major tech stocks and billions in market losses.