Be in the know. 20 key reads for Friday…

  1. Why Alibaba Is the ‘Cheapest Company in the World’ Outside Russia (barrons)
  2. Howard Marks Calls China Market a ‘Buy’ in Oaktree WeChat Debut (bloomberg)
  3. Hiring Took Off in February. The Jobless Rate Dropped to 3.8%. (barrons)
  4. Ark Invest CEO Cathie Wood on everything from deflation to Elon Musk (ft)
  5. Expect a Post-Omicron Boom as Americans Binge on Services. Workers Are the Wild Card. (barrons)
  6. Major Banks Doubt Chinese Potential GDP Goal Is Reachable (zerohedge)
  7. Metaverse Fever Is High in China. Regulators Are Watching. (barrons)
  8. Splunk Stock Edges Higher as Hellman & Friedman Takes 7.5% Stake (barrons)
  9. Foot Locker Stock Has Gotten Hit Hard. Why It’s a Buy. (barrons)
  10. China Declared Its Russia Friendship Had ‘No Limits.’ It’s Having Second Thoughts. (wsj)
  11. Putin Thought Ukraine Would Fall Quickly. An Airport Battle Proved Him Wrong. (wsj)
  12. Invest in these 15 newly-cheap growth stocks that have become undervalued after Russia’s invasion of Ukraine led to a surge in stock market volatility, according to Morningstar (businessinsider)
  13. Ukraine Leans on Armed Turkish Drones, Western Missiles to Thwart Russian Invasion (wsj)
  14. Biden Called to Unleash Shale to Counter Deepening Energy Crisis (yahoo)
  15. JPMorgan Warns Russia Faces 1998-Like Collapse in Economy (yahoo)
  16. China investors drive frenzy for ‘Sino-Russian trade’ stocks (ft)
  17. In China, Fewer Are Willing to Splurge as Economic Worries Mount (wsj)
  18. Putin’s Financial Isolation Is a Cautionary Tale for China’s Xi (bloomberg)
  19. World Powers, Iran Near Deal on Staggered Return to Nuclear Pact (bloomberg)
  20. Alibaba-backed electric car cruises into market crowded by Tesla, NIO (scmp)