Wednesday's News Links

[CNBC] Dow ralllies 1,000 points as big midterm wins by Democrats remove political uncertainty risk on Wall Street: Live updates

[Yahoo/Reuters] Gold gains 3% as dollar slides after Democratic midterm gains

[Yahoo/Reuters] Oil falls on Iran war uncertainty, US Democrats' midterm sweep

[CNBC] Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off

[Axios] Everything you need to know about last night in under 1,000 words

[Axios] Voters deliver "AI earthquake," rebuking tech and billionaires

[Axios] GOP Loses Senate in Midterms Debacle

[AP] Takeaways: Voters punish Trump, and the GOP suffers historic losses

[Yahoo/Bloomberg] AI Data Center Boom Is Set for Upheaval After US Election Rout

[Yahoo/Reuters] Democratic sweep adds new twist to markets' Iran, AI, and debt worries

[Yahoo/Reuters] Analysis-Trump's midterm drubbing demonstrates the power of data-centre opponents

[Reuters] From Iran to trade: how the US midterms impact the rest of the world

[Axios] Trump says GOP lost because he wasn't on ballot, is "willing to accept" results

[CNBC] Private companies added 86,000 jobs in October, slightly higher than expected, ADP says

[Yahoo/Reuters] US trade deficit narrows slightly in September; imports race to record high

[CNBC] Mortgage rates drop for the third straight week, but homebuyers are still leaving the market

[Reuters] Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports

[Yahoo Finance] Big Tech has more than $3 trillion in AI commitments that don't show up on its balance sheets

[Yahoo/Bloomberg] Euro-Zone Inflation Accelerates to Double the ECB’s Target

[Yahoo/Reuters] UK services growth hits 8-month high in October, PMI shows

[Yahoo/Reuters] China's services growth slows to three-month low as confidence weakens

[Bloomberg] Fed Wins Protection With Democrats Taking Control of the Senate

[Bloomberg] What the Democrats’ Sweep of Congress Means for Trump

[Bloomberg] US Allies See a Weakened Trump But They’re Wary of the Backlash

[Bloomberg] Hedge Funds Flag Growing Private Credit Risks Amid Rising Rates

[Bloomberg] Cyberattackers Drain Money From French Bank Credit Mutuel Arkea

[NYT] Midterm Elections Live Updates: Democrats Clinch Senate as Voters Deliver Blistering Rebuke to Trump

[WSJ] The Trump Reckoning Arrives

[WSJ] Iran Turns to Guerrilla Tactics in Bid to Reassert Grip on Strait of Hormuz

[FT] Democratic governors elected on promises to stop data centre building

[FT] Trump’s American slapdown for the ages

[FT] AI cyber breach of a bank is a matter of when, not if

[FT] From Ponzi to Fonzi: the $20bn fraud scandal rocking Turkey