TLDR

MARKET RECAP → Stocks gave back some of their gains on Tuesday, ending a winning streak as investors paused on the recent recovery rally.

STARBUCKS CEO TAKES LONG COMMUTE → ✈️ Starbucks' new CEO, Brian Niccol, opted to supercommute from SoCal to Seattle instead of moving, showing that even top execs are redefining “working from home” in the post-pandemic era

TRUMP TAPS MUSK FOR EV STRATEGY →⚡ Trump hinted at adding Elon Musk to his cabinet if re-elected, aiming to leverage Musk's expertise in reshaping EV tax credits and boosting American manufacturing.

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Notable Earnings This Week

TODAY’S TOP NEWS

Starbucks CEO Takes Long Commute

✈️ Starbucks' new CEO, Brian Niccol, chose to "supercommute" from Southern California to Seattle instead of relocating, raising eyebrows about work-life balance in top leadership roles.

💼 Niccol's decision reflected his commitment to Starbucks while maintaining ties to his previous role at Chipotle, signaling a modern approach to executive work flexibility.

🌍 This move underscored the evolving nature of corporate leadership in a post-pandemic world, where physical presence in the office isn't always a priority for top executives.

TODAY’S TOP NEWS

Trump Taps Musk for EV Strategy

⚡ Donald Trump floated the idea of bringing Elon Musk into his cabinet, should he win re-election, to spearhead electric vehicle (EV) initiatives, signaling a potential blend of business acumen and politics.

🏛️ The focus was on leveraging Musk’s expertise to shape the future of EV tax credits, aiming to balance environmental goals with economic interests, particularly in boosting American manufacturing.

🤝 This move was seen as a strategic alliance that could reshape the EV landscape, merging Trump’s policy ambitions with Musk’s innovative drive, though not without raising eyebrows.

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