Midterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

MarketWatch Friday 13 November 2026, 13:43 UTC By Jules Rimmer 1 min read

Key Points

If the AI capex narrative is losing momentum then Jefferies strategist Chris Wood can recommen some sectors , like pharma, and some markets like India, Brazil and China, as ways to play that slowdown.

Jefferies (PERSON) AI (ORG) Chris Wood (PERSON) India (LOCATION) Brazil (LOCATION) China (LOCATION)

Originally published by MarketWatch Read original →

Microsoft's Outlook email service has been disrupted since late Thursday as the tech giant struggles to fix issues with its servers, hitting businesses and government agencies that use the popular work platforms in 74 countries and territories. The company said Friday it was making progress in restoring Outlook services in North America and Europe, with users reporting improvements in mailbox access. Follow our liveblog for the latest updates.

France 24 9m ago

The right to a home: Spain’s cooperative answer to the housing crisis

As Spain faces a deepening housing crisis, a Barcelona-based cooperative offers an alternative to renting and buying. Its non-profit, right-to-use model provides affordable, long-term homes. Could it help tackle Europe's housing crisis?

Euronews 10m ago

Hispanic voters are natural conservatives. Reagan knew. GOP needs to prove it again

President Ronald Reagan famously told Hispanic adviser Lionel Sosa that Latinos were Republicans who "just don’t know it yet." President Donald Trump’s breakthrough in 2024 demonstrated that potential. Hispanic voters registered among the largest shifts toward Republicans — then swung sharply against us in 2026, reversing much of that progress.

Fox News 10m ago

‘Incredibly unusual’ bird migrating from Siberia found in Cumbria – killed by cat

Siberian rubythroat was thousands of miles off course from its route to winter in south or south-east AsiaA bird that flies south from its breeding grounds in Siberia to winter in south and south-east Asia has been found thousands of miles off course in Cumbria. Regrettably, it was found by a cat. Chris Hind, Cumbria’s county recorder for birds, said it was “extraordinary” that a Siberian rubythroat was found on his patch, albeit dead.

The Guardian World 11m ago

Midterm elections provided the hyperscalers with the excuse they needed to cut back on spending, says Jefferies strategist

Related Stories

🔴 Live: Microsoft reports 'improvements' to Outlook services in North America, Europe

The right to a home: Spain’s cooperative answer to the housing crisis

Hispanic voters are natural conservatives. Reagan knew. GOP needs to prove it again

‘Incredibly unusual’ bird migrating from Siberia found in Cumbria – killed by cat