The Midterms Have Changed the AI Narrative: S&P Down 4.4%, Nasdaq Down 5.5% | The Weekly Wrap

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On this episode of The Weekly Wrap, Steve Eisman explains how the Democratic sweep of Congress in the midterms has shifted the AI narrative again, triggering a Thursday selloff in which the S&P fell 4.4% and the Nasdaq 5.5%. He also covers a long list of earnings and closes with his list of 20 favorite sci-fi novels.

00:00 - Intro

02:08 - Implications of the Midterms on the AI Narrative and the Economy

07:46 - The Change in the AI Narrative Because of Coreweave

10:15 - Google Search Being Replaced?

11:32- Anthropic Amended Its S-1

16:01 - Earnings Reports

26:54 - My Favorite Sci-Fi Novels

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