Tapestry (TPR) and Capri (CPRI) agreed to close merger talks due to legal uncertainties, which Tapestry investors favored. ASML Holding (ASML) ticked higher with bullish commentary on their outlook through 2030. JD.com (JD) posted an earnings beat but investors aren't rewarding the stock due to macro concerns. Diane King Hall breaks down the morning's biggest headlines.