AI crush is powering one stock to sky-high valuations
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The 2026 midterm elections have profoundly altered the national regulatory environment, most notably with Democrats securing control of both chambers of the U.S. Congress and notching big victories in traditionally business-friendly states like Texas and South Carolina.
Over the past two decades, Southern states like Florida and Texas have attracted massive corporate migration from blue states. With less regulation and lower taxes. Those same benefits also attracted many people seeking lower taxes, lower housing costs, and better economic opportunities. With this political shift, relocated companies may now face a landscape increasingly focused on energy and building constraints, and tighter legislative oversight.
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