HeadlineShine

Midterm Takeaways: Tech billionaires suffer horrible night as Democrats drub Republicans

CNBC ·First reported
CNBCMidterm Takeaways: Tech billionaires suffer horrible night as Democrats drub Republicans
Image: CNBC

Elon Musk's spending may have become a liability as voters in exit polls raised concerns about government corruption and the growing influence of billionaires.

Summary from CNBC

Read the full story on CNBC
React

Explained by HeadlineShine

ExplainerYatendra Singh·4 min read

US midterms 2026 explained: what's at stake, the polls and the races to watch

Americans vote on 3 November 2026 for all 435 House seats, 35 Senate seats and 36 governors. Who controls Congress now, what the polls…

More on Republicans

See all →
France 24
5 sources·

US midterms: Democrats gain control of House and Senate from Republicans
France 24
France 24·

Why the Democrats routed the Republicans in the US midterm elections
Al Jazeera
Al Jazeera·

Democrats deliver a historic routing to Republicans in US midterms
France 24
France 24·

Inflation, war and corruption: Will anger at Trump see Republicans punished at midterms?

More business

See all →
BBC
Business2 sources·

Drivers may get compensation offers before car finance saga ends
The Guardian
Business2 sources·

Asda hires ex-Morrisons boss in bid to grow firm
The Guardian
BusinessThe Guardian·

M&S takes more than a year to recover from cyber-attack as profits bounce back to £355m
CNBC
BusinessCNBC·

What Trump losing power over Congress means for Iran, Ukraine and foreign policy
CNBC
BusinessCNBC·

Gold, silver and precious metals prices jump, dollar dips as Democrats take control of Congress
The Guardian
BusinessThe Guardian·

Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live

Top stories in the World

See all →
Sky News
6 sources·

Spanish transport minister resigns after deadly train crash
BBC
Entertainment2 sources·

‘A true icon of the hair industry’: Celebrity hairstylist John Frieda dies aged 75
The Guardian
4 sources·

Democrat Jon Ossoff wins Georgia US Senate race
TechCrunch
Tech5 sources·

Google will let schools disable its AI tools, but not without sacrificing Search
DW
4 sources·

South Africans vote in local elections in test for ANC
BBC
2 sources·

Four oil tankers destroyed in Hormuz after hitting mines, Tehran says