CNBC

Trump: ‘I think we’ll have a deal with India’ on tariffs and trade

Trump complained to Bezos before Amazon said it scrapped idea to display tariff cost

• Within hours of the call, Amazon publicly downplayed the scope of its plan — and then announced that it had been scrapped entirely.

Starbucks stock falls as sales disappoint, turnaround pressures earnings

• Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success.
• Some of those tweaks include scaling back plans to automate more coffee-making and investing more in labor, which weighed on earnings during the quarter.
• While Starbucks is spending more on labor, the company is cutting back on how much it is putting into equipment.

UK announces draft rules for crypto industry, touts greater collaboration with U.S.

• Speaking at a fintech event Tuesday, U.K. Finance Minister Rachel Reeves announced plans for a “comprehensive regulatory regime for crypto assets

Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office

• U.S. crude oil
  prices have fallen below $65 per barrel, down more than 20% since Trump’s second term began, making it unprofitable for many companies to boost production, according to a survey by the Federal Reserve Bank of Dallas.

Super Micro shares dive after server maker issues weak preliminary financials

Investing.com

Stock market today: S&P500 ends higher on trade deal hopes; big tech earnings eyed

• The S&P 500 closed sharply higher Tuesday for the sixth-straight day, underpinned by falling Treasury yields and signs of flexibility on tariffs from the White House as well as signs of further trade deals just as the earnings season continues to heat up.