Be in the know. 22 key reads for Wednesday…

  1. Senate Passes Stablecoin Bill in Big Win for Crypto Industry (wsj)
  2. Stablecoins gain ground with corporates as US legislation takes shape (reuters)
  3. US Plans to Ease Capital Rule Limiting Banks’ Treasury Trades (bloomberg)
  4. Fed announces meeting to discuss easing bank leverage rules (reuters)
  5. Traders Pile Into Bets That Next Fed Chair Will Slash Rates (bloomberg)
  6. The Problem With Wall Street’s Fixation on the Fed Dot Plot (wsj)
  7. US exceptionalism in markets is diminished — but far from dead (ft)
  8. Global Fund Managers Are Upbeat, but Not on the U.S., BofA Survey Shows (barrons)
  9. It’s The Flows, Stupid! Goldman Outlines FX Landscape For Continued Dollar Depreciation (zerohedge)
  10. AI ‘Factories’ Are Hungry for Power. Expect ‘Gigawatt-Scale’ Growth. (barrons)
  11. Energy Stocks Have Had a Mixed Start to 2025. Natural Gas Is Hot and Oil Is Not. (barrons)
  12. Wolfe Research upgrades Comstock Resources stock on resource expansion (investing)
  13. Beijing’s reform could bring Hong Kong-listed Alibaba, Tencent to Shenzhen: HSBC (scmp)
  14. China to loosen IPO restrictions by reinstating listings of unprofitable start-ups: CSRC (scmp)
  15. Alibaba-Backed ‘AI Dragon’ MiniMax Is Said to Plan Hong Kong IPO (bloomberg)
  16. Alibaba’s AI Closer To Apple iPhone Inclusion (chinalastnight)
  17. The housing market is finally buyer-friendly as more sellers slash prices. Here’s where you can find a deal. (marketwatch)
  18. Boeing Plans No Further Changes to Global Services After Revamp (bloomberg)
  19. PayPal Turns Online Ads Into ‘Buy Now Opportunities’ (pymnts)
  20. Streaming gains will likely accelerate from here: Citizens JMP (investing)
  21. The 10 Best Dividend Stocks (morningstar)
  22. The NHL’s Preeminent Dirtbags Are Now Stanley Cup Champions (wsj)