President Trump and Japan's Prime Minister Shinzo Abe. Photo: Eugene Hoshiko/AFP/Getty Images

President Trump told a Tokyo news conference Monday he supports Japanese Prime Minister Shinzo Abe's efforts to potentially open a dialogue between the U.S. and Iran.

"I know that the prime minister and Japan have a very good relationship with Iran so we’ll see what happens. The prime minister’s already spoken to me about that and I do believe that Iran would like to talk — and if they’d like to talk, we’d like to talk also. We’ll see what happens ... nobody wants to see terrible things happen, especially me."

Why it matters: Both U.S. and Iranian officials have said they don't want war. U.S. officials have made repeated but unspecific claims of possible impending Iranian attacks. Trump's latest remarks strike a more conciliatory tone compared to when he tweeted last week, "If Iran wants to fight, that will be the official end of Iran."

Go deeper: Why war with Iran is suddenly on the table

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Uber to buy Postmates in $2.65 billion deal

Illustration: Sarah Grillo/Axios

Uber has agreed to acquire food delivery company Postmates for $2.65 billion in an all-stock deal, the companies announced Monday.

Why it matters: This is the latest merger for the food delivery space as the sector undergoes an ongoing market consolidation.

Analysts expect soaring stock market despite slashed earnings forecasts

Data: FactSet; Chart: Axios Visuals

Despite cutting expectations for companies' earnings by the most in history and revenue by the most since 2009, Wall Street analysts are getting increasingly bullish on the overall direction of the U.S. stock market.

What's happening: Equity analysts are expecting earnings in the second quarter to fall by 43.8% — the most since 2008's fourth quarter 69.1% decline.

Case growth outpacing testing in coronavirus hotspots

Data: The COVID Tracking Project. Note: Vermont and Hawaii were not included because they have fewer than 20 cases per day. Chart: Andrew Witherspoon/Axios

The United States' alarming rise in coronavirus cases isn't due to increased testing — particularly not where cases have grown fastest over the last month.

Why it matters: The U.S. doesn't yet know what it looks like when a pandemic rages on relatively unchecked after the health system has become overwhelmed. It may be about to find out.