Be in the know. 25 key reads for Thursday…

  1. China says willing to work with U.S. on audit deal (reuters)
  2. SocGen Strategists Say Hedge Funds Are Too Pessimistic on Stocks (bloomberg)
  3. Why the April Inflation Report Reinforces the Fed’s Plans to Pause (wsj)
  4. com Shares Jump on Earnings Beat. (barrons)
  5. 2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says (businessinsider)
  6. SoftBank Says Goodbye to Alibaba, Hello to More AI Investments (wsj)
  7. PPI data for April show 12-month wholesale-level U.S. inflation rate of 2.3% (marketwatch)
  8. Alphabet Strikes Back at Microsoft. How Analysts See the AI Battle Shaping Up. (barrons)
  9. Disney Makes Tough but Necessary Choices on Streaming (wsj)
  10. Can Inflation Fall Fast Enough for the Fed? (wsj)
  11. Bank-Stock Buying Rolls on as Insiders Snap Up Shares (barrons)
  12. What Goldman Sachs says the really rich are doing with their money right now (marketwatch)
  13. Here’s why investors should pay attention to this Warren Buffett move (marketwatch)
  14. Who will win Big Tech’s race for the best AI assistant: Google, Apple, Meta or Amazon? (marketwatch)
  15. IBM rolls into AI arms race with Watsonx (marketwatch)
  16. Google Says Search Enters New Era With Conversational AI Features (wsj)
  17. Too Small to Succeed Is the Problem Facing Regional Banks (bloomberg)
  18. US Jobless Claims Rise to Highest Since October 2021 in Sign Labor Market Is Cooling (bloomberg)
  19. The $105,000 Lotus Emira Looks Like a Supercar—for Half the Price (bloomberg)
  20. Reading the Entrails for a Fed Pause Versus Cuts (bloomberg)
  21. Wharton Professor Jeremy Siegel says stocks could jump 15% this year as long as the Fed cuts rates quickly (businessinsider)
  22. PacWest Shares Crash After Reporting Deposit-Flight Accelerated Last Week (zerohedge)
  23. Disney’s earnings rise on park strength as streaming subs decline (foxbusiness)
  24. China’s asset management sector to double in size to US$40 trillion: McKinsey (scmp)
  25. Big Banks Face Billions in Extra FDIC Fees to Cover SVB Failure (bloomberg)