Be in the know. 16 key reads for Friday…

  1. Market Rotation Puts Shine on S&P 500 Losers as Winners Trail (bloomberg)
  2. ‘It’s Not Political’: Fed’s Waller Doubles Down on July Rate Cut (barrons)
  3. Fed’s Daly Sees Two Cuts in 2025, Says Tariffs’ Price Hit May Be Muted (bloomberg)
  4. Trump Tax Law Is Surprise Boon for Affordable Housing Creation (bloomberg)
  5. Trump’s Unsung Economic Booster: Deregulation (wsj)
  6. Clients Are Betting on Stock Rally Into Summer Before Pullback, BofA Says (bloomberg)
  7. Intel spins out AI robotics company RealSense with $50 million raise (cnbc)
  8. The Stock Market Has Bounced Back to New Highs. 55 Picks From Our Roundtable Pros. (barrons)
  9. Travel Industry Trends 2025: Insights on Demand and Shifting Preferences (morningstar)
  10. Rubio Says Xi-Trump Summit Likely After Meeting China Envoy (bloomberg)
  11. Goldman Strategists Raise Asia Stock Targets, Upgrade Hong Kong (bloomberg)
  12. OpenAI Challenger Zhipu Said to Weigh Shifting IPO to Hong Kong (bloomberg)
  13. China’s ‘instant commerce’ price war sees $0.30 drinks and billions in subsidies doled out (cnbc)
  14. China Property Stocks Erupt On Rumors Beijing May Revive 2015 Stimulus Playbook (zerohedge)
  15. China’s cloud services spending hits US$11.6 billion in first quarter on AI-related demand (scmp)
  16. Hightower’s Stephanie Link talks investing opportunities outside of Big Tech (youtube)