•Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi, Polymarket, and PredictIt.
•New rules ban contracts tied to sports, politics, and entertainment, allowing only those linked to economic indicators like inflation and interest rates.
•The Brazilian Ministry of Finance justified the ban as a measure to reduce household debt and protect users from gambling-like activities.
•Analysts anticipate Brown & Brown to report EPS of $1.36 and revenue of $1.89 billion for the first quarter.
•Investors are monitoring stabilization in commercial property insurance rate declines and the integration of the Accession Risk Management Group acquisition.
•Solidion Technology plans to file a complaint with the U.S. International Trade Commission (ITC) seeking remedies under Section 337 of the Tariff Act of 1930.
•The company accuses large, well-known foreign entities of repeated use of its foundational battery technology portfolio and cutting-edge materials.
