Be in the know. 17 key reads for Wednesday…

  1. Xi-Trump meeting could lift Chinese stocks 12%: Morgan Stanley (scmp)
  2. What Trump and Xi Want to Achieve at Their High-Stakes Summit (wsj)
  3. Alibaba AI revenue logs triple-digit growth for 11th quarter amid strategic reshuffle (scmp)
  4. Alibaba’s cloud revenue jumps 40% on AI demand (techinasia)
  5. Alibaba’s Quarterly Profitability Still Under Pressure (wsj)
  6. Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny (bloomberg)
  7. China AI Stocks Surge as Huang’s Visit Boosts Nvidia Supply Bets (bloomberg)
  8. China’s Profit Outlook to Improve Further, Morgan Stanley Says (bloomberg)
  9. Boeing could finally reignite its China business. Will that breathe new life into its stock? (marketwatch)
  10. Boeing’s new order bookings surge in April (reuters)
  11. The summer box office is off to a hot start as weekend ticket sales top $160 million (cnbc)
  12. The TV Ad Market Is Being Taken Over by Streaming Platforms (wsj)
  13. 10 Big Roofing Takeaways From Brad Jacobs’ QXO Investor Q&A (roofingcontractor)
  14. Senate confirms Kevin Warsh to Fed board as he clears another hurdle to becoming chairman (nypost)
  15. Tariff Refunds of $35.5 Billion Cleared for Importers So Far (bloomberg)
  16. Morgan Stanley boosts S&P 500 target. Why Mike Wilson says the market has already priced in the biggest risks. (marketwatch)
  17. Global EV demand rises for second month, data shows (reuters)