Be in the know. 25 key reads for Monday…

  1. Augmented Reality Startup Nreal Raises $60 Mln From Investors Led By Alibaba (alizila)
  2. Xi Jinping’s ‘Common Prosperity’ Was Everywhere, but China Backed Off (wsj)
  3. S&P, Nasdaq edge higher at open as Twitter, China ADRs surge (reuters)
  4. Musk takes 9% stake in Twitter to become top shareholder (reuters)
  5. S.-listed Chinese Firms Get a New Lease on Life (wsj)
  6. This Small-Cap Is Taking On the Telecom Giants. (barrons)
  7. CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention. (marketwatch)
  8. Hong Kong Leader Carrie Lam Won’t Seek a Second Term (wsj)
  9. Tony Hawk on the Oscars, Fatherhood and Taking Risks (wsj)
  10. Economists Seek Recession Clues in the Yield Curve (wsj)
  11. Grammys 2022: Big Wins for Jon Batiste, Silk Sonic and Olivia Rodrigo at Feel-Good Show (wsj)
  12. “The big pharma companies all have big holes in their pipelines and are looking to fill them” with acquisitions, said Mr. Gal. “When pharma begins to pull the trigger, you should see the biotechs begin to turn” upward again. (wsj)
  13. How Bill Gross Built a Bond Empire (bloomberg)
  14. Nordstrom leadership reclaims oversight of struggling Rack business (cnbc)
  15. Dimon says inflation and Ukraine war may dramatically increase risks for U.S. (cnbc)
  16. The US decision to release 180 million barrels of oil will help offset the loss of Russian supply and keep prices steady, JPMorgan says (businessinsider)
  17. S. factory orders drop for the first time in 10 months (marketwatch)
  18. About That “Truck Driver Shortage” (zerohedge)
  19. Do Stock Splits Create Value? (zerohedge)
  20. US-Listed Chinese Shares Surge as Authorities Move to Remove Audit Restrictions; Alibaba (BABA) Stock Gains 5% (streetinsider)
  21. Ray Dalio: ‘We’re going to have a period of stagflation’ (yahoo)
  22. S&P 500 Is Defying Skeptics on Run Toward Record, Charts Show (yahoo)
  23. Comcast: This Steady Growth Company Looks Undervalued (gurufocus)
  24. Differentiating Private and State-Owned Companies May Be the HFCAA Solution (chinalastnight)
  25. The Big Read. Shanghai lockdown tests the limits of Xi Jinping’s zero-Covid policy (ft)