Decision Desk HQ Calls Talarico Winner in Historic Texas Senate Race

Decision Desk HQ called Democrat James Talarico the winner of Texas' U.S. Senate race Tuesday, a call that would mark the first Democratic win for the seat since 1988, while Nasdaq 100 futures fell 2.18%. Talarico led Republican Ken Paxton by 11 percentage points, but vote counting was incomplete when the race was called. Dow futures fell 1.24%. The futures declines coincided with the election news; the figures do not establish that the Senate race caused the market move. Prediction markets priced Talarico's chance of winning at 100% across major platforms. Texas' large AI infrastructure footprint adds a technology-sector dimension to the election. An estimated 27% of U.S. AI data center capacity, measured in gigawatts, is concentrated in Texas.

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