Jefferies Europe's Chief Economist Mohit Kumar: We don't think yesterday's market was a sign that AI trading was beginning to decline. We acknowledge that the policy uncertainty brought about by the 'blue tide' has raised market concerns about AI investment and the progress of data center construction. But data centers and AI infrastructure can also create jobs, and the Democratic Party doesn't want to see these jobs lost to other states or overseas... We remain unchanged from yesterday's view.”

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