Be in the know. 22 key reads for Tuesday…

  1. SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker (wsj)
  2. Bessent: U.S. investment in Intel would be a conversion of grants and possible increase to help Intel stabilize (investing)
  3. Intel’s CEO Draws Support for Revival From SoftBank, Trump (bloomberg)
  4. Bank of America suggests the era of the biggest stocks dominating markets ‘may be done’ (yahoo)
  5. No Investment Strategy Works Forever—Not Even for the Mag 7 (barrons)
  6. Where to Invest Right Now: How to Profit From a Weak US Dollar (bloomberg)
  7. China’s Stock Rally Has the Makings of a Durable Bull Run (bloomberg)
  8. Chinese Stocks Surge To A 10 Year High (zerohedge)
  9. US underestimating China’s AI progress, OpenAI’s Sam Altman says (scmp)
  10. Alibaba, Baidu lead China’s AI cloud boom as market surges 55% to US$2.7 billion (scmp)
  11. Exclusive: Nvidia working on new AI chip for China that outperforms the H20, sources say (reuters)
  12. China EV Sector Invests More Abroad Than at Home for First Time (bloomberg)
  13. U.S. companies delivered the biggest earnings beat since Q1 ’22 (streetinsider)
  14. S&P affirms US ‘AA+’ credit rating, cites tariff revenue (reuters)
  15. Home builders boost sales incentives to 5-year high as they struggle to sell newly built homes (marketwatch)
  16. Home Depot Sees Sales Rise, Shrugging Off Slow Housing Market (wsj)
  17. LNG Demand, Prices to Rise Further This Year, Woodside CEO Says (bloomberg)
  18. How Much Energy Does ChatGPT’s Newest Model Consume? (zerohedge)
  19. How to Invest Like Warren Buffett (morningstar)
  20. Crown Castle stock rating upgraded to Outperform by BMO Capital (investing)
  21. Options Traders Brace for Big Tech Selloff With ‘Disaster’ Puts (bloomberg)
  22. SPACs, Meme Stocks, and Hot IPOs Are Back. Why That’s a Warning for Markets. (barrons)