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Economy and business
Elon Musk's historic $474 million investment in the 2026 midterms failed to secure victories for his preferred candidates, triggering a market downturn and sparking a political backlash against billionaire influence and data center expansion.
Markets and investing
Guggenheim lifted its price target on Neurocrine Biosciences from $207 to $224 and maintained a Buy rating after the company reported higher-than-expected revenue and raised its 2026 guidance.
Big Tech and the digital economy
Avalon has moved the Spanish cinema release of “You Can See Everything” forward to December 25, seven weeks earlier than planned. The documentary about the Theranos founder has drawn strong audiences in the United States.
Economy and business
The dollar fell and U.S. Treasury yields declined as stocks recovered across much of Asia and Europe following projections that Democrats had taken control of both chambers of Congress.