News and topics that will shape the week ahead:
As everyone knows, the election to determine control of the United States Congress is tomorrow. While most pundits and pollsters agree the House will fall under Democratic control, the more interesting question is whether the Democrats can retake the Senate.
Perhaps the most watched race tomorrow will be the Senate race in Michigan between Republican Mike Rogers and Democrat Abdul El-Sayed. Besides controversy over a past statement regarding 9/11 and being a radical, El-Sayed is in hot water for suggesting it’s not an issue if male transgender students use the women’s locker room.
Tech behemoth Apple reported mixed earnings after the bell today. Over the past week, Alphabet dropped 12.6%, and Amazon dropped 9%, both in a single session. Some analysts fear the AI bubble may be starting to pop, while others fear a resumption of war with Iran right after the midterms. Either way, the market is on edge.
