Bloomberg News Now Bloomberg News Now

Democrats Win Control of Congress, Stocks Rally, More

Nov 4, 2026 · 7m

Summary

Bloomberg News Now covers the historic "blue wave" in U.S. midterm elections, where Democrats are projected to take control of both the House and Senate, flipping key states like Texas and Michigan. The report details market reactions, including a stock rally and falling bond yields, alongside corporate updates on CBS Health and McDonald's. The episode also briefly touches on SpaceX's recruiting practices, noting that hands-on experience is valued over advanced degrees.

Topics discussed

SpaceX hiring culture and Elon Musk's influence Election night overview: Blue wave hits Congress Senate battlegrounds: Michigan and Texas results Historic wins: First Muslim and Texas Democrat senators Texas race details and ad spending transparency Maine Senate race: Susan Collins concedes Ohio Senate race: Sherrod Brown returns Midwest flips: Kansas and Iowa Senate results Southern Senate races: South Carolina and North Carolina Georgia, Florida, and Mississippi Senate outcomes Alaska Senate race: Close call for Dan Sullivan House majority: Democrats projected to win big Leadership changes and Trump's reaction to losses Ballot measures: Abortion rights and redistricting Market reaction to election results Corporate news: CBS Health and McDonald's earnings Bloomberg Tech Minute: SpaceX hiring practices recap Sponsor segment: Empower Personal Dashboard Promo: Bloomberg Money weekly podcast
Listen ad-free on Castria