Be in the know. 20 key reads for Tuesday…

  1. Alibaba (BABA) stock is a new Top Pick at Goldman Sachs and Morgan Stanley (streetinsider)
  2. Xi Jinping’s plan to reset China’s economy and win back friends (ft)
  3. The Fed will start cutting rates this summer as core PCE inflation will drop to 2.1%, says UBS’ global chief economist (businessinsider)
  4. Chinese stocks have been on a tear. Morgan Stanley says it’s turning even more bullish on China. (marketwatch)
  5. Ant Group Won’t Be Squashed After All (wsj)
  6. US Online Prices Drop a Fourth Month on Steep Holiday Discounts (bloomberg)
  7. The Chatbots Are Coming for Google (bloomberg)
  8. ChatGPT Is No Magic Bullet for Microsoft’s Bing (bloomberg)
  9. 5 Beaten-Down Stocks That Can Outperform This Year (barrons)
  10. Meta, Alphabet, and Uber Are Top Tech Stock Picks for 2023, Says Analyst (barrons)
  11. Beijing Signals Two-Year Internet Crackdown May Be Coming to an End (wsj)
  12. Pfizer gears up to make Covid drug Paxlovid in China (ft)
  13. Emerging market stocks jump 20% from October low (ft)
  14. Experts Spent Years ‘Angst-ing’ Over Value. In the End, the Answer Was in the Textbook. (institutionalinvestor)
  15. Jamie Dimon sounds alarm on rising US debt having ‘potentially disastrous outcomes’ (foxbusiness)
  16. Mary Daly Says Slower Rate Raises Could Help Fed Account for Monetary Policy Lags (wsj)
  17. Meta Named Favorite Internet Stock for 2023 in JPMorgan Survey (bloomberg)
  18. Amazon expands its service that adds Prime badge to other sites (cnbc)
  19. A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says (businessinsider)
  20. ‘Stocks look downright cheap’: These are the top 33 bargain stocks to buy heading into 2023, according to Morningstar (businessinsider)