Be in the know. 22 key reads for Thursday…

  1. Trump and Xi, Hoping to Ease Trade War, Agree to 1-Year Truce (nytimes)
  2. Trump Hails “Amazing” Xi Meeting – Trade Concessions, U.S. Soybean Farmers Win, China Eases Rare-Earth Controls (zerohedge)
  3. Trump Says China to Purchase More US Energy, Touts Alaska Deal (bloomberg)
  4. Chinese e-commerce giants now dominate Southeast Asia’s online shopping scene (cnbc)
  5. Jack Ma-Backed Ant Makes Fresh LatAm Bet With Fintech Investment (bloomberg)
  6. Estee Lauder beats quarterly estimates on robust growth in fragrances (reuters)
  7. Advance Auto Parts Races Past Earnings Estimates. The Stock Jumps 21%. (barrons)
  8. Jerry Jones Says He Has Unlocked a $100 Billion Gas Bounty in This Drilling Inferno (wsj)
  9. Boeing Plots Taking 787 Dreamliner Production Beyond Pre-Covid Record Rates (bloomberg)
  10. Boeing CEO: We have $600B of backlog (youtube)
  11. Carmakers’ answer to US EV lull: hybrids, cheaper models (reuters)
  12. 2026 Toyota RAV4 debuts with standard hybrid power and smarter tech (usatoday)
  13. Fed cuts rates for second time this year, tees up end of QT (streetinsider)
  14. Bank of America Sees US Bill Supply Boost Curbing 10-Year Yield (bloomberg)
  15. US Pending Home Sales Rise Most In Almost A Year As Mortgage Rates Slide (zerohedge)
  16. 10 Cheap Dividend Stocks With Fortress-Like Businesses (barrons)
  17. It’s Time to Go on the Defensive in This Market (barrons)
  18. Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation (reuters)
  19. Meta Raises Its Spending Forecast on A.I. to Above $70 Billion (nytimes)
  20. Meta, Microsoft Test Investors With 89% AI-Fueled Spending Surge (bloomberg)
  21. Microsoft to Double Data Center Footprint in Two Years (wsj)
  22. Eurozone’s Economy Picks Up Speed as Hopes for Revival Gather Pace (wsj)