Jeff Bezos, founder and CEO of Amazon. Photo: Leonard Ortiz/Digital First Media/Orange County Register via Getty Images

Amazon CEO Jeff Bezos is slated to meet with federal prosecutors in New York as early as next week to discuss his claim that Saudi Arabia was behind an infamous National Enquirer report that included intimate text messages and exposed his extramarital affair, CNN reports Wednesday.

Details: Citing sources familiar with the matter, CNN reported that prosecutors at the Southern District of New York are looking to obtain access to Bezos's electronic devices to examine the allegations made by Bezos's private investigators. His attorneys and investigators have reportedly provided federal authorities with documents and other material relating to the investigation, but not his devices. A spokesman for American Median Inc., the tabloid's parent company, told CNN: "American Media does not have, nor have we ever had, any editorial or financial ties to Saudi Arabia."

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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.

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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.

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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

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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.