American politician and lawyer, Texas Attorney General since 2015
World markets have seen heavy tech losses after US midterms shift political power, signaling a potential AI investment slowdown. Tech giants and chipmakers lead declines while some observers warn of broader economic implications. Investors are watching policy signals and next moves as futures react to the changing landscape.
Developing contests across the U.S. see heavy spending from national committees and super PACs. Texas, North Carolina, Ohio, Iowa, and Kansas are among the states where ads and funding shifts aim to influence close races. The dynamic spending reflects a broader scramble to protect or seize Senate control as Election Day approaches.
The president has traveled to Ohio to bolster Republican candidates ahead of the midterms, highlighting data-center policy and energy costs while facing questions about the economy and Iran-related tensions. The trip underscores concerns about inflation and turnout in key battleground districts.
Elon Musk has given roughly $366m this cycle to Republican groups, including $158m to the Senate Leadership Fund and about $76m to his own America PAC, filings show. Much of the money is financing heavy advertising and turnout operations in Texas and other battlegrounds, reviving vulnerable campaigns and freeing national GOP resources for other contests.
Democrats have surged in unusual Senate and governor races in red states, leveraging outsider candidates to challenge incumbents. Texas, Kansas and South Carolina show tossups in closely watched races, while independents and unconventional figures reshape the field. The broader map hints at a potential expansion of the political playing field, though outcomes remain uncertain.
Democrats have gained ground on voter confidence in elections as concerns about ballot integrity rise among Republicans. AP-NORC data shows Democrats retain higher trust while Republicans grow more confident than four years ago; fear of federal overreach and threats to voting processes shape the landscape ahead of Election Day.
Voters head to the polls as midterm campaigns intensify. Polls show Democrats leading on economy and inflation concerns, while Trump-aligned candidates seek to close gaps. Early voting indicates high turnout in several key states.
The Alaska Senate contest remains tight as Dan Sullivan faces Mary Peltola amid a high-stakes debate and ongoing questions about a LNG pipeline and campaign funding. A second Sullivan with the same name complicates the race in a state using ranked-choice voting, with polls showing Peltola potentially edging the incumbent in recent simulations.
The midterm elections are shaping the final years of Donald Trump’s term. Republicans defend majorities in Congress while Democrats seek gains. Early voting and record spending highlight the intensity of the race as voters head to the polls on November 3.
Georgia remains a central battleground as Trump’s visit heightens attention to the Senate and governor races. Democrats warn of a challenging map, while Republican candidates and allies push to capitalize on President Trump’s momentum. Results and timings remain fluid as campaigns navigate a crowded slate of statewide contests.
Barbara Bush has donated to James Talarico’s Texas Senate campaign while Neil Bush backs his nephew’s opponent, Ken Paxton. The endorsements reflect a rare fissure within a prominent Republican family ahead of the November midterms as polling shows a tight race in a state that hasn’t elected a Democrat to the Senate since 1988.
Elon Musk has pledged to give one SpaceX share to every child in America next year, a move tied to Trump Accounts and Treasury rules. The gift, worth about $10.5-10.7 billion at current prices, would reduce Musk’s SpaceX stake by roughly 1.5% while leaving voting power largely intact due to SpaceX’s dual-share structure. Details on eligibility and execution remain unclear.
The Texas Senate race has intensified as James Talarico accuses Elon Musk of trying to buy influence, citing funding from Musk-linked groups. Musk has donated hundreds of millions to pro-Paxton outfits while Talarico touts grassroots support and a widening fundraising gap ahead of the November vote.
Federal prosecutors have filed a criminal information accusing former FBI director James Comey of transmitting and conspiring to transmit national defence information tied to a October 2016 New York Times story. Comey has denied wrongdoing, his lawyers have moved to dismiss and he has said the action is an abuse of the Department of Justice.
External spending by super PACs has surged in the 2026 cycle, with billionaire donorship – led by Elon Musk – driving heavy bets on key races. Spending is increasingly shifting to streaming and digital ads, complicating disclosure while shaping Senate and House contests ahead of Election Day.
Trump has travelled to Port Arthur and Corpus Christi to campaign for Ken Paxton amid a tight midterm race; Rubio has joined the trip, signaling a blend of governance and campaigning as both officials highlight energy interests and party support.
Trump has highlighted a Venezuela oil shipment at a Texas rally, claiming the United States has gained access to 1 million barrels of oil at zero cost to taxpayers. He frames the move as part of a broader energy dominance strategy while critics question its legality and democratic implications ahead of the midterms.
Federal documents unsealed show the Trump administration has bypassed a grand jury to file a criminal information against James Comey over past leaks, part of a string of politically charged actions ahead of midterm elections. The developments include allegations tied to a 2016 Times story about a foreign-terrorism-related Yahoo data order and a looming judge's review of the information filing.
Democrats have consolidated leads in final polls and forecasters ahead of Tuesday's midterms, making House control likely and giving them a real chance at the Senate. Early network calls on Wednesday have declared Abdul El‑Sayed the winner in Michigan's Senate race, making him the first Muslim elected to the U.S. Senate and a symbolic pickup for Democrats.
Voters are deciding control of Congress in a key midterm cycle. The House and Senate face tight races, with turnout and district maps shaping effects on policy for the next two years.
Democrats have won control of Congress in a wave election while James Talarico has flipped Texas’ Senate seat from Republicans. Elon Musk’s large-scale spending this cycle has not prevented GOP losses, as Paxton and Abbott also lose in Texas. Musk has moved operations to Texas as data-center plans face new scrutiny.