Democrats are riding a wave of momentum after the midterms, with a possible Senate flip in Mississippi and a stock selloff hitting AI companies hard — bad news for Trump's agenda and the AI data center boom, good news for Democrats and voters who oppose new data centers in their backyards.

• The Mississippi Senate race is still too close to call, with Democrat Scott Colom narrowly ahead of Republican incumbent Cindy Hyde-Smith; a win would be a rare blue breakthrough in a deep-red state.
• Voters in 44 of 45 local ballot measures this week voted to restrict data center construction, spooking investors who fear new regulation will slow the AI boom — global stocks fell on the news.
• Trump is pushing back hard on the anti-data-center mood, warning that "only foolish leadership" would turn away AI investment, even as his own officials keep resigning (DOJ staff, a SpaceX board member) and Tesla has halted Cybertruck production.
• Elon Musk had a rough week, having spent over $400 million backing candidates who lost, on top of the Cybertruck being discontinued.
• Separately, Paraguay's president was removed from office and arrested after a corruption scandal, and incoming Democratic senators are signaling they don't want Chuck Schumer to stay on as party leader.

Outlook: Expect a contested, lawyer-heavy final count in Mississippi and continued market jitters over AI stocks as the political fight over data centers and regulation heats up.