5 Things to Know Before the Stock Market Opens

Stock futures are lower ahead of the release of a key inflation report, while oil prices rise amid a lack of progress in talks to end the Iran war; the Consumer Price Index for April is expected to show the highest inflation reading in three years as the war has sent gas prices soaring; eBay has rejected the $55.5 billion takeover offer announced by GameStop last week, calling the proposal "neither credible nor attractive;" shares of Hims & Hers Health are sinking after the telehealth firm reported a surprise net loss for the first quarter; and GitLab shares are tumbling after the software development platform announced layoffs to free up capital to invest in AI projects. Here's what you need to know today.