Be in the know. 20 key reads for Friday…

  1. Pfizer says immunity can drop to 83% within four months in people who got its COVID-19 shot, further bolstering the company case for a booster (MarketWatch)
  2. Consumers Transfer Their Spending (Reuters)
  3. 10 Quotes That Show Warren Buffett’s Lighter Side (Benzinga)
  4. Exxon Rides Plastics Boom to Highest Profit in More Than 2 Years (Bloomberg)
  5. Amazon Earnings Show E-Commerce Slowdown (Barron’s)
  6. Amazon Stock Usually Drops After Earnings Beats (Barron’s)
  7. The $1.2 Trillion Infrastructure Bill Could Lift These Stocks (Barron’s)
  8. Planes, Trains, and Automobiles Are Supplying Earnings Season Drama (Barron’s)
  9. Eurozone Economy Rebounds As Restrictions Recede (Barron’s)
  10. Procter & Gamble Faces Cost Headwinds but Posted Strong Results. Its Stock Is Up. (Barron’s)
  11. MGM Stock Has More Potential, Goldman Sachs Says (Barron’s)
  12. China Orders 25 Tech Giants to Fix Raft of Problems (Bloomberg)
  13. Here’s Who Wins and Who Loses From the Surge in Commodity Prices (Bloomberg)
  14. Chevron tops profit estimates, joins share buyback stampede (Fox Business)
  15. China may be cracking down, but investors put $3.6 billion into Chinese stocks last week (CNBC)
  16. Key inflation indicator up 3.5% year over year in June for fastest gain since 1991 (CNBC)
  17. Billionaire investor Howard Marks says no one can know what will happen with inflation — so there’s no need to make big portfolio changes (Business Insider)
  18. Interest rates haven’t been this low in 5,000 years (MarketWatch)
  19. Americans aren’t cutting back on spending — even with rising inflation (MarketWatch)
  20. Boeing (BA) Could Be FCF Positive in 2022 – Morgan Stanley (StreetInsider)