🏛️ StreetAccount Update: Democrats retake both chambers of Congress in midterm surge; AI/DC exposed names under pressure: Election returns through Wednesday morning show Democrats expected to retake majorities in both houses of Congress, though several races are close and it may take days to complete the counting. Analysts noted that Democratic victories in key AI states have introduced uncertainty for companies with heavy data center exposure, particularly for select E&Cs, Electricals, and Machinery names. Companies that have benefited from tariffs may also face headwinds, as analysts anticipate Democrats would look to roll back certain trade tariffs. Heavy materials are expected to benefit, given their significant exposure to public funding, with analysts seeing improved odds for increased infrastructure spending and a 2027 highway bill. ‣ Gainers include Housing, Airlines, EVs: • LEN +4% • AAL +5%, • ALGT +5% • RIVN +2% ‣ Decliners include AI/Datacenters, Defense: • FIX (14%), MOD (9%), VRT (7%), PWR (7%), GNRC (3%), CAT (3%) • LMT (4%), NOC (3%) • SPCX (7%), TSLA (5%) $AAL $ALGT $CAT $FIX $GNRC $LEN $LMT $MOD $NOC $PWR $RIVN $SPCX $TSLA $VRT #Midterms# #Elections# #MidtermElections# #Congress# #Democrats# #Politics# #FinTwit# #Markets# #Equities# #AI# #DataCenters# #Tariffs# #HeavyMaterials# #Infrastructure# #EV# #Defense# #Housing# #Airlines# #MarketMovers# #PolicyRisk# Gain immediate access to unparalleled insights with #StreetAccount#: