After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.Yesterday’s $2.5 trillion sell-off of major tech stocks has investors on edge about the durability of the artificial intelligence sector.

A Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi, Ian Mount and Peter Eavis

Texas Led the Conservative Overhaul of Education. What Now?

In Texas, teaching on race and gender was restricted, Christianity was encouraged and private school vouchers expanded. It may be hard for Democrats to reverse those policies.Texas last year began one of the largest taxpayer-funded school voucher programs.

V Vimal Patel and Dana Goldstein

These Newly Elected Lawmakers Know Something Trump Doesn’t: Science

Among those elected to Congress on Tuesday are a mathematician, a microbiologist and a chemical engineer. They plan to take on a White House that has threatened funding cuts to research.Daniel K. Biss earned a Ph.D. in mathematics at M.I.T. and taught math at the University of Chicago before moving

A Alexander Nazaryan

Europe Still Sees Trump As Powerful, Especially in Foreign Policy

The commanding victory of the Democrats has brought private relief to some Europeans but no official glee, with Ukraine, Iran and NATO all hanging in the balance.President Trump at the NATO summit in Ankara, Turkey, in July. He has questioned the utility of the trans-Atlantic alliance.

S Steven Erlanger

A Trump-Putin-Xi Summit? That Might Be Awkward for One of Them.

A summit could bolster Xi Jinping’s stature. But talks about Ukraine’s future and limits on nuclear weapons pose uncomfortable choices for China.The Chinese leader Xi Jinping with President Donald Trump at the National Archives Museum in Washington in September.

D David Pierson and Berry Wang

Guarded Optimism, and Some Jokes, in Ukraine Over Trump’s Midterm Wipeout

Victory for Democrats could alter the course of peace negotiations and a war nearing its fifth year.President Volodymyr Zelensky of Ukraine meeting with President Trump at the United Nations in September. Mr. Trump has blown hot and at times very cold on Kyiv.

P Paul Sonne, Andrew E. Kramer and Marc Santora

Pope Leo’s Trip to Latin America: What to Know

Less than a month after lung surgery, Pope Leo XIV is landing in Uruguay on Friday, the first stop of a 12-day voyage across South America.Pope Leo greeting a child in St. Peter’s Square at the Vatican on Wednesday. His trip to Latin America will be a test of his stamina.

M Motoko Rich, Emma Bubola and Julie Turkewitz

Day Drinking With the President

On a visit to Lyndon Johnson’s Texas ranch, a cub reporter learned why it pays to get out of Washington.

R Robert B. Semple Jr.

The Changing Politics of Identity

This is one reason voters are swinging between parties.Clockwise from left: Abdul El-Sayed in Michigan, Keisha Lance Bottoms in Georgia, Chris Pappas in New Hampshire and Byron Donalds in Florida.

Late Night Finds Trump Supporters Jumping Ship

“Wouldn’t it be ironic if the only person who stands by Trump is Melania?” Jimmy Fallon said after Republicans began distancing themselves from the president after the midterms.

T Trish Bendix