Photo: Harry How/Getty Images

LOS ANGELES — Kawhi Leonard (30 pts) and the Clippers beat LeBron James (18-9-8) and the Lakers, 112-102, in a star-studded season opener at Staples Center.

Details: All 4 Clippers' bench players scored in double-digits, while Leonard was the only starter with more than 8 points.

  • Lakers: Danny Green scored 28 points, more than any Laker has ever scored in their debut (LeBron scored 26 last year). Anthony Davis added 25 points and 10 boards.
Photo: Steve Russell/Toronto Star/Getty Images

TORONTO — After slipping on shiny new rings and raising a championship banner, Fred VanVleet (career-high 34 points) and Pascal Siakam (34-18-5) led the defending champion Raptors past the Pelicans, 130-122 (OT).

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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.