Be in the know. 25 key reads for Friday…

  1. Alibaba is ramping up in Europe, and is already ahead of Amazon in one region (CNBC)
  2. After Alibaba’s $400 Billion Stock Selloff, Investors Hope the Worst Is Over (Wall Street Journal)
  3. A Post-Erdogan Era Could Be Lucrative for Turkey’s Markets. How to Play It. (Barron’s)
  4. Bad bets trigger waves of tumult in short-term bond markets (Financial Times)
  5. Goldman Sees Cash-Flush S&P 500 Firms Boosting Buybacks (Bloomberg)
  6. What the Metaverse Is, Who’s in It and Why It Matters (Bloomberg)
  7. Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion (CNBC)
  8. Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance (CNBC)
  9. Climate Change Became the Largest Part of Biden Spending Bill (New York Post)
  10. China Hurries to Burn More Coal, Putting Climate Goals at Risk (New York Times)
  11. Why China Is the World’s Last ‘Zero Covid’ Holdout (New York Times)
  12. Chile Unemployment Falls for Sixth Month as Economy Recovers (Bloomberg)
  13. Earnings results so far show companies are effectively navigating supply issues and rising costs (CNBC)
  14. Exxon Surprises With $10 Billion Stock Buyback Announcement As Cash Flow Soars (ZeroHedge)
  15. Demand For LNG Is Only Going To Rise (ZeroHedge)
  16. UPDATE 1-Yellen expects inflationary pressures to ease by second half of 2022 (Reuters)
  17. Lagarde pushes back on eurozone rate rise bets (Financial Times)
  18. Fed Leadership Uncertainty Muddies Rate-Policy Outlook (Wall Street Journal)
  19. Activision Blizzard Chief Reduces Pay, Pledges Changes Amid Probes Into Company Culture (Wall Street Journal)
  20. How Ryan Reynolds Built a Business Empire (Wall Street Journal)
  21. Biden Spending Bill: What’s Left Out of the Latest Version. (Barron’s)
  22. Millennials Will Drive Home Prices Up for Years to Come (Barron’s)
  23. Don’t Fret Over Higher Interest Rates. Dividend Stocks Can Still Do Fine. (Barron’s)
  24. Evergrande Pays Another Bond on Time, Avoids Default for Now (Barron’s)
  25. Apollo Wants to Be a Bit Like Buffett, But It’s Complicated (Bloomberg)