Dialogue
The characters and dialogue are fictional. As of: 2026.11.06 1. US, month 11, day 5 · Nasdaq Composite −5.5% A sell-off after the blue wave… what comes next? 2. The blue wave means a sweeping Democratic election victory. Why would that shake AI stocks? 3. Reported background to the sell-off Fears grew that data-center construction could be blocked. 4. Construction delays could shake expectations for chip orders and revenue. But fears and enacted rules are different things. 5. Possible future scenarios from here What should we check first? The actual scope of restrictions and permitting decisions. 6. If restrictions are limited and investment continues, fears could ease. What if construction or orders get delayed? Then earnings expectations need another look. 7. AI stocks are not all the same. Existing facilities · New construction A business already generating revenue faces a different impact from one borrowing to build. 8. Hypothetical: What if prices rebound? Would a rebound mean it is over? A price rebound alone does not tell us orders have recovered. 9. Evidence that would change our judgment Permits, investment plans, order cancellations, earnings guidance! Let us see how far the fear has spread into actual business. 10. I was only looking at the lower price. Now I need to look at what changed in the business. Sell-off background: Reuters · 2026.11.05 / Subsequent developments: original scenarios