Geopolitics Alpha

AI data-center stocks slide, renewables rally after Democratic US midterm sweep

Published . Updated .

Covered by 2 outlets: Central Oregon Daily, Reuters.

Who covered it: Center 1 · Not rated 1. How we rate outlets

Key takeaways

  • By Purvi Agarwal and Johann M Cherian Nov 4 (Reuters) - Data-center stocks slid on Wednesday, while clean-energy shares rallied after Democrats seized control of Congress, prompting investors to
  • Exposed: TAN, ICLN, QQQ, FSLR, NEE
  • Market reaction: TAN +7.3% on the day (still updating); ICLN +3.9% on the day (still updating); ENPH +9.7% on the day (still updating)

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

AI data-center stocks slide, renewables rally after Democratic US midterm sweep

By Purvi Agarwal and Johann M Cherian Nov 4 (Reuters) - Data-center stocks slid on Wednesday, while clean-energy shares rallied after Democrats seized control of Congress, prompting investors to

Directly affected

  • No company is named in this report.

Indirectly affected

  • TAN Invesco Solar ETF-6.4% 30d

    Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story.

  • ICLN iShares Global Clean Energy ETF-4.1% 18d

    iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • FSLR First Solar-3.1% 30d

    First Solar (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story.

  • NEE NextEra Energy+10.5% 30d

    NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story.

  • ENPH Enphase Energy-14.5% 30d

    Enphase Energy (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story.

  • MNTK Montauk Renewables

    Montauk Renewables (gas and other services combined): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story.

  • MSFT Microsoft+4.0% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TAN-5.42%-7.24%base+7.34%after closeafter closeafter close
ICLN-2.23%-5.03%base+3.85%after closeafter closeafter close
QQQ+5.88%+0.76%base+1.20%after closeafter closeafter close
FSLR-5.09%-6.15%base+9.47%after closeafter closeafter close
NEE-3.87%-0.66%base+3.82%after closeafter closeafter close
ENPH-17.88%-15.68%base+9.66%after closeafter closeafter close
MNTK-10.02%-11.42%base+5.61%after closeafter closeafter close
MSFT+2.19%+0.22%base+6.13%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

AI data-center stocks slide, renewables rally after Democratic US midterm sweep Central Oregon Daily

Source: Central Oregon Daily

The price since 4 Nov 2026: Invesco Solar Etf (TAN) versus the S&P 500

CompanyWhenMoveStatus
Enphase Energy (ENPH)that day+9.66%still updating
Enphase Energy (ENPH)three days earlier-15.68%final price
Enphase Energy (ENPH)five days earlier-17.88%final price
First Solar (FSLR)that day+9.47%still updating
First Solar (FSLR)three days earlier-6.15%final price
First Solar (FSLR)five days earlier-5.09%final price
Ishares Tr (ICLN)that day+3.85%still updating
Ishares Tr (ICLN)three days earlier-5.03%final price
Ishares Tr (ICLN)five days earlier-2.23%final price
Montauk Renewables (MNTK)that day+5.61%still updating
Montauk Renewables (MNTK)three days earlier-11.42%final price
Montauk Renewables (MNTK)five days earlier-10.02%final price
Microsoft (MSFT)that day+6.13%still updating
Microsoft (MSFT)three days earlier+0.22%final price
Microsoft (MSFT)five days earlier+2.19%final price
Nextera Energy (NEE)that day+3.82%still updating
Nextera Energy (NEE)three days earlier-0.66%final price
Nextera Energy (NEE)five days earlier-3.87%final price
Invesco Qqq Trust, Series 1 (QQQ)that day+1.20%still updating
Invesco Qqq Trust, Series 1 (QQQ)three days earlier+0.76%final price
Invesco Qqq Trust, Series 1 (QQQ)five days earlier+5.88%final price
Invesco Solar Etf (TAN)that day+7.34%still updating
Invesco Solar Etf (TAN)three days earlier-7.24%final price
Invesco Solar Etf (TAN)five days earlier-5.42%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Invesco Solar Etf (TAN)

Companies mentioned with this story

  • TAN Invesco Solar Etf

    In “AI data-center stocks slide, renewables rally after Democratic US midterm sweep,” Invesco Solar Etf (TAN) is linked, with no stored direction, medium confidence. Reason on file: Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story

  • ICLN Ishares Tr

    Ishares Tr (ICLN) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “AI data-center stocks slide, renewables rally after Democratic US midterm sweep.” Reason on file: iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story

  • QQQ Invesco Qqq Trust, Series 1

    For “AI data-center stocks slide, renewables rally after Democratic US midterm sweep,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

  • FSLR First Solar

    In “AI data-center stocks slide, renewables rally after Democratic US midterm sweep,” First Solar (FSLR) is linked, with no stored direction, medium confidence. Reason on file: First Solar (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story

  • NEE Nextera Energy

    Nextera Energy (NEE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “AI data-center stocks slide, renewables rally after Democratic US midterm sweep.” Reason on file: NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story

  • ENPH Enphase Energy

    For “AI data-center stocks slide, renewables rally after Democratic US midterm sweep,” Enphase Energy (ENPH) is linked, with no stored direction, medium confidence. Reason on file: Enphase Energy (semiconductors and related devices): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story

  • MNTK Montauk Renewables

    Montauk Renewables (MNTK) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “AI data-center stocks slide, renewables rally after Democratic US midterm sweep.” Reason on file: Montauk Renewables (gas and other services combined): clean-energy firms move with renewables policy and demand. Linked by “renewable” (clean energy) in this story

  • MSFT Microsoft

    For “AI data-center stocks slide, renewables rally after Democratic US midterm sweep,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

Invesco Solar Etf (TAN)

On 4 Nov 2026, “AI data-center stocks slide, renewables rally after Democratic US midterm sweep” is the story that connects Invesco Solar Etf (TAN) to this story.

The link for Invesco Solar Etf (TAN) is this: Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story

Also listed, Ishares Tr (ICLN): iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story

Dates and price levels for Invesco Solar Etf (TAN)

ICLN traded between 16.21 and 17.62 across 18 sessions. The latest close on file is 16.27. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. TAN traded between 40.77 and 46.34 across 20 sessions. The latest close on file is 41.77.

What the saved facts support for Invesco Solar Etf (TAN)

54 out of 100Price not final

“AI data-center stocks slide, renewables rally after Democratic US midterm sweep” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.