Stock markets celebrate a ‘stunning rebuke’: Trump says he will accept midterm losses—but don’t expect defeat to change him

Good morning. On Fortune’s radar today:

• The midterms: A “stunning rebuke” to Trump.
• Complete midterm election coverage here.
• Photos from the chaos in Paris (and a reality check for the doommongers).
• Markets: The only way is up!
• AI debt hits record high, exceeding dot-com era excess.
• Young people are increasingly unlikely to be in a couple.
• Influencer prank intended to humiliate Red Baron pizza worker backfires in the most satisfying way possible.

This story was originally featured on Fortune.com