Defense stocks slide on fear Democrats will curb spending. One analyst say it’s a buying opportunity

Look beyond the defense stock slip after a Democratic midterm sweep, Wolfe Research says

This year’s worst-performing S&P 500 stock is finally seeing some major relief November 4, 2026
AppLovin’s stock is popping after “clearly positive” earnings results.
William Gavin
‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing Roth conversions? November 4, 2026
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.”
Quentin Fottrell
How do Americans feel about the midterm results? It depends on how much money they make. November 4, 2026
Most Americans are “thrilled” or “happy” about the results of this year’s election. Some are especially so.
Venessa Wong
Qualcomm’s stock falls as twin forces pressure sales November 4, 2026
Qualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.
Britney Nguyen
These stocks soared the most today after the Democrats trounced Trump November 4, 2026
Chemical company Mosaic’s stock is the strongest performer among the S&P 500, while several tech players and associated power providers show sharp declines
Philip van Doorn
Micron and other chip stocks slip as election results strike at the core of data-center optimism November 4, 2026
Democratic victories in Texas and other states raise long-term questions about the AI buildout, though they do not “unwind projects already funded.”
Hannah Pedone
Figma’s stock falls as investors worry that AI momentum is coming at a high price November 4, 2026
Figma’s investments in AI models and agents are driving usage, but the cost of delivering these features is proving to be expensive
Christine Ji
Big Tech is driving a historic divide in the S&P 500. Why investors need to take notice. November 4, 2026
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
Christine Idzelis
Microsoft and Amazon combined to see a $424 billion market-cap boost — and these factors show why November 4, 2026
Microsoft and Amazon shares rose sharply on Wednesday, with one portfolio manager noting that a cloud-supply crunch could help the companies raise prices.
Hannah Pedone
‘It’s good to be old’: I’ve been invited to a dozen free meals that turn into annuity sales pitches. Should I stop going? November 4, 2026
“Salespeople typically push annuities, Medicare plans and estate-planning services.”
Quentin Fottrell