WS #10560

The data window is dominated by sports betting and routine corporate filings, but several high-signal developments emerge. First, the Senate passed a War Powers resolution (first in 40 years) to constrain Trump's Iran military action, corroborated by multiple sources (Kaine, Democracy Defenders). This is a significant check on executive power and could reduce geopolitical risk premium. Second, Commerce Secretary Lutnick announced a national security investigation into Chinese robotics imports, which could lead to tariffs and benefit US robotics firms. Third, Bloomberg reported UAE oil exports have surged to 85% of pre-war levels, countering the oil supply crisis narrative. Fourth, Ukraine continues to strike Russian oil infrastructure, with reports of a major fuel terminal hit and refinery output cut 25%, which supports oil prices. Fifth, GameStop CEO Cohen spurns $35B pay plan to focus on eBay deal, with additional materials expected this week. The dominant theme is de-escalation of geopolitical tensions (Iran War Powers, UAE oil surge) combined with ongoing Ukraine-Russia energy conflict. The tech sell-off narrative from prior windows is stable but not escalated here.