Be in the know. 25 key reads for Tuesday…

  1. Amazon in talks to buy MGM for $9bn (Financial Times)
  2. Burry of ‘The Big Short’ has bet against Tesla: report (Fox Business)
  3. Investors bet on commercial real estate, undeterred by empty offices and hotel rooms (Fox Business)
  4. Brent crude hits $70 as traders bet on sustained revival in oil demand (Financial Times)
  5. Rolls-Royce courts investors for mini nuclear plants (Financial Times)
  6. Earnings up, multiples down: Morning Brief (Yahoo! Finance)
  7. Frank Sinatra’s historic homes: From NYC to Palm Desert (New York Post)
  8. ‘Succession’ Meets ‘90 Day Fiancé’ in WarnerMedia-Discovery Deal (New York Times)
  9. Foreign investors tiptoe into frontier markets in search of returns (Financial Times)
  10. Service sector activity surged at record pace in May, NY Fed survey finds (Reuters)
  11. U.S. housing starts drop sharply; building permits rise modestly (Reuters)
  12. Biggest Shorting Of Tech Stocks By Hedge Funds In 5 Years: Goldman Prime (ZeroHedge)
  13. Baidu (BIDU) Tops Q1 EPS by 23c, Revenues Beat; Offers 2Q Revenues Outlook (Street Insider)
  14. Fisker (FSR) Won’t Accept or Invest in Bitcoin (BTC) as It Is ‘Not Environmental-Friendly’ (Street Insider)
  15. Elliott Wants Duke Energy (DUK) to Split Into Three Regionally-Focused Utilities (StreetInsider)
  16. Walmart Raises Full-Year Guidance as Earnings Beat Expectations (Barron’s)
  17. SolarEdge Stock Is Beaten Down. Why It’s Not Out. (Barron’s)
  18. Home Depot’s Earnings Smash Forecasts (Barron’s)
  19. Glaxo Has Good News on Another Vaccine. It’s a Tougher Market Now. (Barron’s)
  20. Fund managers position for ‘boom expectations’ with tech demand at three-year lows, Bank of America survey finds (MarketWatch)
  21. Clarida says economy hasn’t made the progress needed for Fed to scale back asset purchases (MarketWatch)
  22. Fund Managers Say ‘Long Bitcoin’ Is the Most Crowded Trade in the World (Bloomberg)
  23. The Businessweek How-To Issue: 50+ Lessons From Really Smart People (Bloomberg)
  24. EU Suspends Plans to Raise Tariffs on U.S. Whiskey, Other Goods (Wall Street Journal)
  25. Energy and Materials Shares Lead the Way in a Turbulent Stretch for Stocks (Wall Street Journal)