Be in the know. 15 key reads for Wednesday…

  1. Diageo to Sell Kenyan Drinks Stakes to Japan’s Asahi for $2.3 Billion (wsj)
  2. UBS Upgrades Luxury To “Overweight” For First Time In Three Years (zerohedge)
  3. Estee Lauder stock named BofA’s top beauty pick for 2026 (streetinsider)
  4. Chinese Stocks Stage Sudden Rally as Tech Enthusiasm Roars Back (bloomberg)
  5. US Investors Set To Double Down On Chinese Tech Push (zerohedge)
  6. Alibaba launches AI models for video with likeness, voice (techinasia)
  7. Pfizer CEO Defends Vaccines, Promises Growth by End of Decade (barrons)
  8. Biotech Share Sales in US Deliver Biggest Quarter Since 2021 (bloomberg)
  9. The US Housing Market Will Get a Bit More Affordable in 2026 (bloomberg)
  10. US unemployment rate hits four-year high of 4.6% (ft)
  11. Williams says Fed policy in good position, sees inflation moderation in 2026 (reuters)
  12. Boeing awarded $930 million contract for F/A-18 Super Hornet upgrades (investing)
  13. Ford’s $19.5 billion pivot brings hybrids back, keeps F-150 Lightning alive (usatoday)
  14. Europe May Roll Back Combustion Engine Ban (nytimes)
  15. The Squishy Number Behind the Rise and Fall of Oracle’s Stock (wsj)