Legislative Gridlock
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5 Things to Know Before Friday’s Market Open
Market participants are focused on strategic partnerships, corporate plans, and regulatory scrutiny. Key developments include intensifying AI chip competition with Microsoft and Anthropic in talks, Stellantis accelerating EV ambitions with a $70 billion investment plan, legislative gridlock nearing a June 1 deadline over DHS funding, a heated regulatory battle over prediction markets involving the CFTC and state authorities, and Oura, the smart ring maker, filing for a potential IPO.
