Be in the know. 22 key reads for Friday…

  1. Hedge Fund Buyers Return to Hong Kong Stocks, JPMorgan Says (bloomberg)
  2. Is China’s No. 2 Staging a Stealth Covid-Zero Protest? (bloomberg)
  3. The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowing (cnbc)
  4. President Biden Is Rethinking China Tariffs (barrons)
  5. Billionaire investor Bill Miller touts Amazon and bitcoin, warns of a new investing paradigm, and takes aim at Warren Buffett’s crypto critique. Here are Miller’s 10 best quotes from a new interview. (businessinsider)
  6. Amazon (AMZN): Unit Economics Recovery Could Double the Stock in 2024 – Loop Capital (streetinsider)
  7. DiDi Stock Rises on Report Auto Giant May Buy Stake (barrons)
  8. The Stock Market Is Having a Good Week. 10 Reasons the Rally Might Be Real. (barrons)
  9. Gasoline Demand Drops. Prices Could Be Next. (barrons)
  10. Americans Set to Travel This Holiday Despite Higher Prices (barrons)
  11. Web3 Was Supposed to Save the Internet. It Has a Long Way to Go. (barrons)
  12. Biotech Start-Up Finds Overlooked Proteins That Could Cure Diseases (barrons)
  13. Travelers Don’t Care About Covid Anymore (barrons)
  14. Why Citi Says It’s Finally Time to Start Buying Stocks (barrons)
  15. Even this pessimistic Bank of America strategist says the bear-rally bandwagon has room to charge ahead (marketwatch)
  16. Dell’s Earnings Crush Estimates on Strong Enterprise Demand, Stock Jumps (barrons)
  17. ‘Dunked’ and ‘dragged’: Navy cap’t on grueling ‘Top Gun: Maverick’ training (nypost)
  18. Stocks Climb After Report Shows Consumer Strength (bloomberg)
  19. Pinduoduo stock surges after big profit and revenue beats, as gross margin improves sharply (marketwatch)
  20. American Shoppers Boost Retailers With Spending on Work Clothes, Discount Staples (wsj)
  21. Mortgage Rates Drop for Second Week in a Row (wsj)
  22. Davos Elite Can’t Agree About the Economy and Neither Can Markets (wsj)