Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning and afternoon.

Good morning and welcome back from a long weekend holiday in the US.

I'm Rina Sherbal filling in today for Julie Morgan,

who's off this week on vacation.

Our top stories today, Jam-Packed earnings week, Musk demands

voting control in Tesla and US futures slide as yields rise. Stock index futures pointed to a lower opening Tuesday as global rates moved higher.

SMP, NASDAQ, and Dow futures were all lower.

Deutsche Banks Jim Reed said on Monday, a lighter session for markets given the US holiday

but it was fairly negative where trading did take place since European equities

and bonds struggled after several ECB officials pushed back on the possibility of rate cuts.

There are more warnings that the world is entering a new era of collective defense and

2024 may mark that inflection point.

One of the world's most important trade arteries in the Red Sea is becoming too risky to navigate,

with fresh attacks hitting American-owned ships despite retaliatory airstrikes by U.S. and UK military forces.

Overnight Iran's revolutionary guards launched ballistic missiles and armed drones

at an airport in northern Iraq where U.S. and other international forces are stationed.

The call for increases in defense spending comes at a time when many Western economies are

being pressured by giant debt loads and higher interest rates.

Over the past few decades, European countries have cut back even further due to budget deficit

rules and a reliance on the US security umbrella and

re-channeling funds away from areas like health, education,

and infrastructure or implementing higher taxes and spending cuts

...