Humpday Headlines: Stocks Rally After Midterm Rout By Dems

The US stock market was rallying Wednesday morning in reaction to Tuesday's midterm blowout by Democrats, though investors see risks ahead for the AI industry and companies owned by Elon Musk. [Associated Press]
President Trump, in his first public remarks since Tuesday night, said he was "a little bit surprised" by the election results, mentioning his "tremendous rallies" and saying he might try to work with Democrats, though he also keeps emphasizing his veto power. [ABC News]
Elon Musk lit at least $474 million on fire trying to back Republicans, and his bets backfired — especially in Texas, where he's relocated his companies, and where the new Democratic governor and senator might create obstacles. [CNBC]
Many are calling this the "end of the Trump Era," but it's probably just the beginning of the end. [New York Times]
Barbara Lee handily won her election for a full four-year term as mayor of Oakland. [Chronicle]
Nithya Raman has a razor-thin lead over Karen Bass in the LA mayor's race, but votes are still being counted. [LA Times]
Elizabeth Holmes's partner Billy Evans decided to host his own AMA (ask me anything) on Xitter, and he answered some questions about the film You Can See Everything, including saying that it's laughable that he should be thought of as controlling Liz, because she's "fiercely independent." [Today]

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