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المشهد العربي
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المشهد العربي

2026-11-04T23:56:50.000Z

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Election hits tech wealth

Election hits tech wealth

The results of the U.S. midterm elections dealt political setbacks to tech giants and business leaders who spent hundreds of millions of dollars supporting Republican candidates, as voters voiced anger over the high cost of living, the influence of billionaires, and the expansion of AI data centers. A CNBC analysis found that tech companies’ political spending had lost influence, that their clashes with Congress could intensify, and that Republicans’ efforts to redraw electoral districts had failed.

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