Be in the know. 24 key reads for Tuesday…

  1. Intel Scores an Upgrade. Fundamentals May Have Bottomed, Analyst Says. (barrons)
  2. Benchmark bullish on Alibaba (BABA) stock, sees over 80% upside potential (streetinsider)
  3. GM’s first-quarter sales up 18% (marketwatch)
  4. Opinion: ‘The Fed’s problems should worry everyone.’ Powell’s dysfunctional Fed is losing respect at home and abroad. (marketwatch)
  5. Saudi First America Last. The Energy Report 04/04/2023 (Phil Flynn)
  6. Jamie Dimon Says Bank Crisis ‘Is Not Yet Over,’ JPMorgan Plans For The Future (investors)
  7. Bank Deposits Are Holding Steady. 3 Stocks Worth a Look. (barrons)
  8. Bank Borrowing From the Fed Falls Further, Signaling End to Bank Drama (barrons)
  9. Dollar weakness on Fed rate revisions pushes pound back above $1.25, euro near $1.10 (marketwatch)
  10. Milton Friedman’s School Choice Revolution (wsj)
  11. The Masters Is Feeling the Shockwaves of LIV Golf (wsj)
  12. The ‘King Kong’ of Weight-Loss Drugs Is Coming (wsj)
  13. Auto Sales Withstand Higher Interest Rates (nytimes)
  14. Bubba Watson Knows People Are Mad. He Loves LIV Golf Anyway. (nytimes)
  15. Are Offices Truly Worth as Little as REITs Imply? (bloomberg)
  16. The Weak Are Getting Found Out in Banking (bloomberg)
  17. The NYC Landlord Who Says the ‘Golden Age’ of Being a Landlord Is Over (bloomberg)
  18. Ford’s first quarter sales increase 10.1% on improved F-Series truck production (cnbc)
  19. Finland becomes a member of NATO, doubling the military alliance’s border with Russia (cnbc)
  20. China’s homebuyers are starting to come back (cnbc)
  21. Wharton Professor Jeremy Siegel says the surge in oil prices won’t be a big problem for inflation as natural gas keeps plummeting (businessinsider)
  22. Australia Central Bank Joins Canada In Hitting “Pause” On Rate Hikes (zerohedge)
  23. Sterling hits 10-month high as recession fears ease (ft)
  24. Alibaba launches budget shopping channel on Taobao to heat up online price war (scmp)