Nov 05, 2026, 9:29 AM ETState Street SPDR S&P 500 ETF Trust (SPY), DIA, QQQ, IVV, VOO, IWM, SPX, SP500, NDX, DJI, RTYNVDA, AMD, AVGO, SPCX1 CommentJR ResearchInvesting Group LeaderSummaryThe Democratic 'blue tsunami' in Congress and statehouses threatens to slow AI and data center CapEx, with Texas planning an immediate moratorium in 2027.Market volatility could worsen as tech companies and hyperscalers reassess multi-trillion-dollar AI buildout plans amid heightened regulatory uncertainty.A slowdown in AI/data center investment could improve hyperscaler free cash flow margins, offering selective buying opportunities during sector pullbacks.Despite political headwinds, underlying compute demand and AI adoption remain strong; a structural downturn in the AI boom is not yet evident.Looking for a helping hand in the market? Members of Ultimate Growth Investing get exclusive ideas and guidance to navigate any climate.