- US Crude Oil Production Hit Six-Month Low in December, EIA Says (bloomberg)
- Hedge Funds Hike Bullish Oil Bets to 22-Month High on Iran Risks (bloomberg)
- U.S. and Israel Attack Iran. What It Means for Oil Prices. (barrons)
- Buried in Stargate’s Permits: A Generator Engine Almost No One Sells. Except Generac. (hunterbrook)
- Soaring Electricity Demand Meets Gas Turbine Shortage (zerohedge)
- Can New Disney CEO Josh D’Amaro Weather AI, Revitalize ‘Star Wars’ and Marvel and Save the Magic Kingdom? (variety)
- US construction spending increases in line with expectations in December (reuters)
- Trump Tells Buyers Priced Out of Housing: ‘Wait a Little Longer’ (bloomberg)
- Yields Dive Below 4%, Bond Spreads Hit Yearly Highs as Traders Get Spooked (barrons)
- Average IRS tax refund is up 10.2%, based on early filing data (cnbc)
- UBS downgrades U.S. tech to neutral, prefers China and Europe (streetinsider)
- MWC 2026: Alibaba to launch new smart glasses powered by Qwen AI assistant (scmp)
- Tech Has Never Caused a Job Apocalypse. Don’t Bet on It Now. (wsj)
- AI Hurtles Ahead (oaktree)
Where is money flowing today?
Indicator of the Day (video): S&P 1500 New High New Low Percent
Quote of the Day…
Be in the know. 16 key reads for Friday…
- U.S. Mortgage Rates Fall Below 6% for First Time in Years (nytimes)
- Trump’s Push to Make Homes More Affordable Needs the Banks to Play Ball (wsj)
- The AI Trade Is Alive and Living in Industrials, Small-Caps, and Asia (barrons)
- AI and Tech Stocks Are in Trouble. Look to These Other Sectors, Says This Veteran Strategist. (barrons)
- AI Capex Fueling Strongest EM Earnings in Two Decades, MS Says (bloomberg)
- BofA’s Hartnett sees international stocks beating U.S. this decade (investing)
- China Gets a Major Reprieve on Tariffs. Don’t Expect a Reversal. (barrons)
- Yes, consumers in China are consuming again. It’s just not their No. 1 priority these days. (marketwatch)
- Restaurants emerge as bright spot for US job growth as consumers seek treats (reuters)
- Papa John’s International Closing Hundreds of Pizza Shops (wsj)
- Hormel’s Turnaround Gains Traction in Face of Continued Headwinds (wsj)
- Baxter at Citi’s MedTech Day: Strategic Shifts Amidst Challenges (investing)
- Boeing Lifts Africa’s Aircraft Order Outlook on Strong Growth (bloomberg)
- Fed’s Miran Says Four Cuts Are Appropriate This Year (wsj)
- Howard Marks Says Great Investors Are Strong Where AI Is Weakest (bloomberg)
- Block shares soar as much as 24% as company slashes workforce by nearly half (cnbc)
