Oncast Money · Closing Bell

DSA wins record six House seats

· Fact-checked before it aired. Unconfirmed claims from this segment are not shown.

In the 2026 midterms, Democrats won control of both the House and Senate. A record six DSA-endorsed candidates won House seats: Darializa Avila Chevalier, Claire Valdez, Melat Kiros, Angela Gonzales-Torres, Donavan McKinney, and Chris Rabb. [npr.org](https://www.npr.org/2026/11/03/g-s1-150034/2026-midterm-election-dsa-candidates)

DSA candidates ran on economic populism (universal healthcare, childcare), opposition to the Gaza war, and rejection of corporate and pro-Israel lobby donations. They tapped voter frustration with the political system. [aljazeera.com](https://www.aljazeera.com/news/2026/11/4/democratic-socialists-of-america-see-record-wins-in-us-midterm-elections)

NPR reports six DSA-endorsed candidates won House seats, not eight.

Fact-check

VERIFIED FALSE

NPR reports six DSA-endorsed candidates won House seats, not eight.

JUST IN: 8 DSA-endorsed candidates win seats in Congress following historic midterm elections.

Original post · @Polymarket

NPR NAMES: DSA = Democratic Socialists of America.

Sources

What the hosts said

ASix Democratic Socialists of America candidates just won House seats. That's a record.
BAnd Polymarket says eight. They're off by two.
ANPR has the actual count: six. Darializa Avila Chevalier, Claire Valdez, Melat Kiros, Angela Gonzales-Torres, Donavan McKinney, Chris Rabb.
BSix is still a record. And it's not a fluke—these candidates ran on universal healthcare, childcare, and rejecting corporate money.
ARight. And they won in a midterm where Democrats took both chambers. The question is what six socialists do to a thin majority.
BThey become the margin. Every vote counts, and now the DSA bloc can demand things.
ADemand what, exactly? A $20 minimum wage? Medicare for All? That's not passing a divided Congress.
BThey don't need to pass it. They need to force the conversation. That's how the Squad worked.
AThe Squad got headlines. They didn't get laws.
BThey got the Overton window to move! Now mainstream Democrats are talking about childcare and anti-monopoly. That's the win.
AI'll give you this: prediction markets called the Democratic wins before polls closed. CNBC reported that. The markets are getting good at this.
BPolymarket had the DSA count wrong, though. So maybe not that good.
AFair. But the direction was right. That's what traders care about.
BSpeaking of traders—there's a post from a former Bitcoin sportsbook employee wondering how many people lost money betting on the midterms.
AOn Bluesky, Ash wrote: 'I used to work for a Bitcoin based sports book that would let you bet on anything and I wonder how many assholes lost piles of fuckin money tonight.'
BThe phrasing is crude, but the point stands. Political betting is a blood sport.
AAnd the Bitcoin angle matters. Crypto bettors were all over these markets. Some won, some got wiped.
BTom Hearden on Bluesky put it well: 'Not sure I buy the Bitcoin bounce. The bros spent all their coins on the losing side.'
AThat's a real dynamic. When a big political bet goes wrong, people sell crypto to cover losses.
BBut Bitcoin is up, according to another post. So maybe the losers already sold, and now it's recovering.
AOr the bounce is short-covering. Hard to say without volume data.
BDowntown Josh Brown just posted 'There goes Bitcoin...' with no context. That's the kind of cryptic thing that moves markets.
AHe's a well-known commentator. When he posts that, people pay attention.
BBut it's just an observation. No claim, no analysis. Just vibes.
AAnd vibes move crypto more than fundamentals. That's the whole game.
BDifferent world entirely: China's AI stocks crashed, and now Goldman Sachs is reportedly saying buy the dip.
AZerohedge posted that, but I couldn't confirm the 55% crash or the Goldman call. Treat it as a rumor.
BThe 'Plunge Protection Team' reference is telling. That's the informal term for state-backed market support.
AIf Beijing is stepping in, that's a different kind of market. Not one I'd want to trade against.
BBut here's the thing: when a stock crashes 55%, a bounce is normal. Dead cat or not, someone's buying.
AThe question is whether Goldman is actually saying that. Zerohedge has a history of... creative headlines.
BCreative is one word for it.
AMeanwhile, there's a claim about a global diesel crunch lasting into 2027. Also from Zerohedge, also unconfirmed.
BIf true, that's a supply chain story with real teeth. Diesel moves everything.
ABut I can't verify the forecast. So it's a claim, not a fact.
BFair. Let's talk about something we can verify: AI usage is exploding.
ASensorTower data, again unconfirmed, says Claude's monthly active users jumped sharply year over year.
BThat's a massive number. Even if it's half right, Anthropic is having a moment.
AAccording to the same unconfirmed data, Meta AI and Gemini also grew, but Perplexity fell. The AI race is not evenly distributed.
BChatGPT reportedly still grew, which is impressive for a product that's been out for years.
AThe story here is that the AI market is not winner-take-all. Multiple players are scaling.
BAnd that's good for consumers. Competition keeps prices down and innovation up.
ABut it's bad for investors who bet on a single winner. The AI trade is getting crowded.
BCrowded trades unwind violently. We saw that with the Nasdaq selloff.
AOne more thing: a UK woman reportedly broke the Guinness record for loudest female shout. With a cold.
BThat's louder than a jackhammer. And she had a cold?
AI couldn't confirm the record, but if true, that's impressive. Most people lose their voice with a cold.
BMaybe the congestion helped. Like a built-in amplifier.
AI don't think that's how acoustics work.
BIt's how I'm choosing to believe it works.

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