Texas news, down to the facts.

Economy & Jobs

Data center election results roil stock market and concern Texas investors

Voters in elections across the U.S. passed measures to restrict data center construction, electing candidates who campaigned on stricter regulation. The results sparked stock market volatility, particularly affecting the Nasdaq, amid investor concerns that new political leadership could slow AI infrastructure development. Texas Gov.-elect Gina Hinojosa has promised to halt new data center construction until safeguards are established.

Where
Statewide
When
Nov. 5, 2026
Sources
Reported by 2 outlets

Taxes and money

None stated in sources.

Does this affect you?

Who's involved

  • Gina HinojosaTexas Gov.-elect
  • Greg AbbottRepublican incumbent Texas governor
  • Keisha Lance BottomsDemocratic Gov.-elect of Georgia
  • Joe MaherMarkets economist with Capital Economics
  • Jorge BarroTexas economist at Texas Real Estate Research Center

The facts

  • Voters passed at least 44 of 47 data center restriction measures nationwide; Texas had no such measure.1
  • Texas accounts for 25 to 30 percent of data center capacity expected online by 2030.1
  • Texas has 169 operational data centers, 118 under construction, and over 500 planned.1
  • Nasdaq fell sharply on election results and investor concerns about data center growth pace.2
  • Tech companies including Meta, Google and Microsoft announced major data center projects in Texas.1

Who said what

These are statements and claims made by the people involved. They are reported, not verified.

  • Gina Hinojosa, Texas Gov.-elect Data centers moved to rural communities with no rules to protect Texas; need to stop construction until protections exist.1
  • Keisha Lance Bottoms, Democratic Gov.-elect of Georgia Will sign executive order to pause new data center construction once in office in January.1
  • Joe Maher, Capital Economics Midterm shock to stock market may derail the AI equity boom; trend strengthens sense boom is in final innings.1
  • Jorge Barro, Texas Real Estate Research Center Growing concern about data centers' noise, utilities, electricity rates, water quality and water rates in communities.2

How they headlined it

The same event, as each outlet put it. Marked words appear in only one outlet's headline.

  • AI data center backlash fuels votes for change and sharp stock market swings

    CBS News

  • Texas economist talks ties between data center development, stock market

    NBC 5 Dallas-Fort Worth

Sources

Outlets: 1 left-leaning, 1 not rated Only left-leaning outlets reported this Who's covering Texas →

These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.

  1. AI data center backlash fuels votes for change and sharp stock market swings CBS News Lean Left, November 6, 2026
  2. Texas economist talks ties between data center development, stock market NBC 5 Dallas-Fort Worth Not rated, November 7, 2026

This sheet was written by AI from the sources above and adds nothing they don't state. Read the originals for full context.

Spot an error on this sheet?

All corrections and updates

Keep reading

IREN's Microsoft data center project falls behind schedule in Childress

IREN's Texas data center project for Microsoft in Childress is running behind schedule. Microsoft requested network changes to support newer AI models, contributing to delays. The project also faced equipment shortages and a generator fire. Microsoft announced a $5 billion reduction in 2026 capital expenditure tied to the delays.

$9.7 billion for cloud services contract value

IREN, data center developer; Microsoft, customer for cloud services; Aterio, analyst firm

Reported by 2 outletsFound via Google News

Tesla to wind down Cybertruck production at Texas plant mid-2027

Tesla CEO Elon Musk announced Friday that the company will phase out Cybertruck production at Gigafactory Texas around mid-2027 to make room for increased Cybercab robotaxi production. Musk did not say whether the Cybertruck would be produced elsewhere or discontinued entirely.

Elon Musk, Tesla CEO; Wes Morrill, Cybertruck lead engineer; Tesla, company

Reported by 18 outletsFound via Google News

Microsoft-requested changes delay IREN data center project in Texas

IREN, a cloud service provider backed by Nvidia, said Microsoft requested changes to networking equipment at a data center project in Childress, Texas, delaying when the company expects to reach $4 billion in annual recurring revenue from year-end to January or February 2027.

$9.7 billion for contract value for data center project

IREN, cloud service provider; project developer; Microsoft, customer; requested equipment changes; Daniel Roberts, IREN co-CEO; spoke on earnings call

Reported by 5 outletsFound via Google News

Microsoft declines option to expand Texas data center deal with Nscale

Microsoft will not exercise an option to more than double its existing agreement with AI cloud provider Nscale for computing power at a Texas data center. The decision was made several months ago, before Nscale's September IPO filing, and does not affect the existing Texas contract.

tens of billions of dollars for potential deal extension value

Microsoft, company declining to expand data center agreement; Nscale, AI cloud provider offering expanded agreement; Gina Hinojosa, governor-elect

Reported by 18 outletsFound via Google News

No. 13 Texas volleyball defeats Missouri 3-0 in SEC match

No. 13 Texas Volleyball defeated Missouri 27-25, 25-13, 25-23 on Friday at the Hearnes Center in Columbia, Missouri. The victory extended Texas' win streak to four consecutive matches and improved the Longhorns to 13-7 overall and 9-3 in SEC play.

Torrey Stafford, Texas outside hitter; Cari Spears, Texas middle blocker; Henley Anderson, Texas middle blocker and 9 more

Reported by 2 outletsFound via Google News

Texas A&M loses to South Carolina 17-9 in SEC football game

Texas A&M lost 17-9 to South Carolina in an SEC football game on Saturday. The Aggies had 457 total yards and a 9-7 lead entering the fourth quarter but failed to capitalize on scoring opportunities, including two false-start penalties near the goal line and a dropped touchdown pass. South Carolina scored 10 unanswered points in the fourth quarter, with quarterback LaNorris Sellers delivering a 41-yard touchdown run. Texas A&M is now 4-5 overall with a guaranteed losing SEC record under head coach Mike Elko.

Texas A&M, football team that lost; South Carolina, football team that won; Mike Elko, Texas A&M head coach and 2 more

Reported by 2 outletsFound via Google News

All of today's news