Gina Hinojosa defeated incumbent Greg Abbott to become the first Democratic Governor of Texas in over three decades, running on a data center moratorium platform.

Big Tech supported pro-AI Republican candidates ahead of the US midterm elections. This electoral investment backfired.

US money market funds received a net $117.97 billion inflow in the week ending November 4. This marked the largest weekly inflow since May 6.

Investor demand for safe haven assets over the period was driven by caution ahead of the elections and concerns over AI spending cash burn at major technology hyperscalers.

No connection has been established between the reported money market inflows and the separate safe haven demand trend.