Be in the know. 35 key reads for Wednesday…

  1. How Has the Fed’s Outlook Changed? Here’s What to Watch Today (wsj)
  2. PDD Stock Soars as Temu Parent Posts Huge Earnings Beat. What It Means for Alibaba. (barrons)
  3. Intel Gets Up to $8.5 Billion in Chips Act Funding from Biden Administration (barrons)
  4. Is a June rate cut still possible? Fed’s Powell will look to keep options open this week. (marketwatch)
  5. The Bank of Japan Just Handicapped a Winning Strategy. What to Know About the Yen Carry Trade. (barrons)
  6. Energy Suppliers Are Racing to Keep Up with the Data-Driven Energy Surge (barrons)
  7. The big tech rally is living on borrowed time, says UBS (marketwatch)
  8. ‘Mr. Yen’ says authorities may soon intervene as Japanese currency eyes multi-decade lows (marketwatch)
  9. Apple CEO Tim Cook Is in China After iPhone Sales Weaken. (barrons)
  10. The Latest Options Craze Resembles Past Manias. That’s Not a Good Thing. (barrons)
  11. Fed is ‘so far from equilibrium’ as markets await rate guidance, BlackRock’s Rick Rieder says (marketwatch)
  12. Boeing CFO Talks Cash, Spirit, And How to Fix Quality. (barrons)
  13. Apple Looks to External Partners to Boost AI Efforts (wsj)
  14. Why the Fed’s ‘Dot Plot’ Is the Center of Attention (wsj)
  15. The Era of No-Brainer 5% Returns on Cash Is Ending (wsj)
  16. Shares of Gucci Owner Tumble After Sales Warning (wsj)
  17. Understanding the Boeing Mess (wsj)
  18. NYC landlords luring workers back to offices with pickleball, golf simulators, arcade games and gourmet food (nypost)
  19. Here’s everything to expect from the Federal Reserve’s policy meeting (cnbc)
  20. Hong Kong’s national security law has analysts divided on its social and economic ramifications (cnbc)
  21. A Lady Gaga Google Search shows how AI is upending the world’s most profitable online business. ‘Site owners are terrified.’ (businessinsider)
  22. Once Again, Baltimore Hopes to Fight Blight With $1 Homes (governing)
  23. 4 signals that suggest the stock market’s bull rally could soon reverse (businessinsider)
  24. China’s Central Bank Names Two Scholars as New Policy Advisers (bloomberg)
  25. China to Use Public Auctions for Sale of Special Ultra-Long Debt (bloomberg)
  26. Intel prepares for $100 billion spending spree across four US states (reuters)
  27. West is ‘too optimistic’ on nuclear projects, warns engineering chief (ft)
  28. Alibaba-backed Moonshot AI expands Chinese-character prompt for Kimi chatbot (scmp)
  29. Tencent doubles share buy-backs while earnings miss estimates (scmp)
  30. Wouldn’t be surprised if more FOMC members predicted less than two rate cuts in 2024: Jeremy Siegel (cnbc)
  31. Rumors over ‘next James Bond’ left shaken and stirred by Aaron Taylor-Johnson speculation (wral)
  32. How the BOJ’s plan for a smooth exit from negative rates unraveled (reuters)
  33. BOJ Needs to Do More to Change Direction of Yen: Major (bloomberg)
  34. Goldman’s Hatzius Says US on Track for 2.4% Core PCE (bloomberg)
  35. Alibaba Raises $317 Million From Sale of Stake in EV Maker XPeng (bloomberg)