Defense, healthcare, crypto and AI: How the midterm election could affect stocks

Lockheed Martin gets about 70% of its sales from the U.S. government. Medicaid accounts for three-quarters of Molina Healthcare's premium revenue . Coinbase is waiting on Congress to finish writing the rules for cryptocurrency . For some of the biggest U.S. companies, Washington is part of the business model. Now, the midterm election could change who holds the leverage. A Democratic victory in either or both chambers of Congress would grant the party new leverage to investigate companies , challenge federal spending and demand legislative concessions. But their reach would have limits: President Donald Trump would retain his veto and broad authority over tariffs, immigration and federal regulation.