Be in the know. 25 key reads for Thursday…

  1. Hong Kong Stocks March Into Bull Market as Global Money Returns (bloomberg)
  2. New stimulus is coming as Politburo pledges to cut housing inventory: analysts (scmp)
  3. MGM Stock Rises as Wall Street Praises Earnings. There’s ‘Momentum in Macau.’ (barrons)
  4. Third Point made ‘substantial investment’ in Alphabet as shares fell on Google’s Gemini fiasco (marketwatch)
  5. Fed Chair Projects Optimism Despite Stubborn Inflation (wsj)
  6. BorgWarner raises full-year 2024 adjusted profit outlook (reuters)
  7. Intel Bets $28 Billion Comeback on High-Tech US Chip Designs (bloomberg)
  8. Unforgiving Investors Want Bumper Earnings After Record Rally (bloomberg)
  9. Japan Likely Spent About $23 Billion in Latest Yen Intervention (bloomberg)
  10. Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain (bloomberg)
  11. Odd Lots: Duolingo CEO on the Power of AI Learning (bloomberg)
  12. Apple’s Earnings Come With a Low Bar and Big Buyback Hopes (bloomberg)
  13. Number of Chinese Tourists Traveling Overseas Jumps (bloomberg)
  14. Hybrid Cars Are Surging in Popularity Over EVs. Here’s the Real Reason They’re So Popular. (barrons)
  15. The Reign of Portland, Maine, as the Top U.S. Luxury Hot Spot Continues for Third-Straight Quarter (barrons)
  16. Opinion: Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks (marketwatch)
  17. The Fed Will Be Stuck On Hold Until Something Gives (barrons)
  18. Albemarle Beats Earnings Estimates. Investors Hope for a Commodity Trough. (barrons)
  19. Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart (marketwatch)
  20. Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance (wsj)
  21. Amazon Gets More Fuel for AI Race (wsj)
  22. Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then (cnbc)
  23. Goldman Sachs still sees two rate cuts this year after Powell speech (streetinsider)
  24. Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings (ft)
  25. There are ‘very favorable signs’ inflation will come down, says Wharton’s Jeremy Siegel (cnbc)

Be in the know. 10 key reads for Wednesday…

  1. Chinese Stocks See Longest Foreign-Buying Streak in a Year (bloomberg)
  2. Fed to Signal Delay of Interest-Rate Cuts (bloomberg)
  3. NYCB’s Results Are Better Than Worst Fears After Rocky Quarter (bloomberg)
  4. Intel’s Gelsinger Fights Ghosts of History as Well as Rivals Nvidia, AMD (bloomberg)
  5. Beijing ends curbs on home ownership in outer districts to stimulate buying (scmp)
  6. Amazon’s Twitch launches TikTok rival amid push to ban the Chinese app (scmp)
  7. Berkshire after Buffett: can any stockpicker follow the Oracle? (ft)
  8. Amazon Q1 results top estimates as cloud demand rides AI wave higher (streetinsider)
  9. The Fed Certainly Won’t Cut Rates. Here’s What to Focus on Instead. (barrons)
  10. Generac Holdings Inc. (GNRC) Q1 2024 Earnings: Surpasses Revenue Estimates and Demonstrates … (yahoo)

Be in the know. 27 key reads for Tuesday…

  1. PayPal lifts 2024 profit forecast as spending stays resilient, margins improve (reuters)
  2. PayPal’s stock climbs as company boosts its earnings forecast (marketwatch)
  3. PayPal Earnings Pop 27% Under New Reporting Method. PayPal Stock Is Set To Break Out. (investors)
  4. PayPal’s Payment Volume Rises in Beginning of ‘Transition Year’ (bloomberg)
  5. China Factory Activity Holds Up, Signaling Recovery Has Legs (bloomberg)
  6. 3M ‘Reset’ Its Dividend. Why Its Stock Is Soaring. (barrons)
  7. BofA on China’s Recovery as Factory Activity Holds Up (bloomberg)
  8. Beijing Further Loosens Home Buying Curbs in Non-Core Areas (bloomberg)
  9. Goldman Says Funds Likely Selling Japan Stocks to Buy Hong Kong (bloomberg)
  10. China Stock Rebound Driven by Earnings Growth: JPMorgan (bloomberg)
  11. 3M’s stock surges toward a 14-month high after profit, sales beat expectations (marketwatch)
  12. China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy (bloomberg)
  13. Amazon Earnings Day Is Here. Focus On AWS, AI, and Advertising. (barrons)
  14. Amazon Can Afford a Dividend. Its Earnings Will Underscore That. (barrons)
  15. Fed to Signal It Has Stomach to Keep Rates High for Longer (WSJ)
  16. Office-Loan Defaults Near Historic Levels With Billions on the Line (wsj)
  17. The Yen’s Plunge and Dollar Devaluation (wsj)
  18. China Hints at Rate Cuts, Property-Market Support (wsj)
  19. China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy (bloomberg)
  20. McDonald’s Supersizes China Bet as Corporate America Pulls Back (wsj)
  21. Buyers Are Back in Control as Luxury Home Sellers Slash Prices (wsj)
  22. Bruins, Hurricanes, Avalanche, Canucks can clinch tonight: How to watch (usatoday)
  23. China to Hold Delayed Party Conclave On Reform in July (bloomberg)
  24. Molson Coors beats Q1 estimates on higher prices, strong demand (reuters)
  25. China’s problem is excess savings, not too much capacity (ft)
  26. Outlook ‘significantly brighter’ as Hong Kong attracts investors from US, Japan shares (scmp)
  27. Hong Kong stocks round out biggest monthly gain since January 2023 (scmp)