Election Day could have major implications for Wall Street, with billions of dollars in business investments potentially affected by which party controls Congress, and investors closely watching industries including artificial intelligence, banking, defense, health care and clean energy. A Democratic takeover of Congress could lead to increased scrutiny of AI companies, data centers and financial institutions, while continued Republican control could mean fewer regulatory obstacles for technology companies and defense contractors. Meanwhile, Apple has agreed to a $250 million settlement over allegations involving how the company marketed its Apple Intelligence features, and eligible customers who purchased certain iPhone 15 and iPhone 16 models could receive up to $95, with the deadline to submit a claim on December 21. In banking news, Goldman Sachs is restricting most employees from using advanced artificial intelligence coding tools, including Anthropic’s Claude, following concerns about security and productivity, according to Bloomberg. Cybersecurity experts are also warning consumers about allowing AI tools to access sensitive financial information, with former Meta security chief Alex Stamos calling giving AI systems passwords to bank accounts, credit cards and retirement savings “totally insane.”