Be in the know. 17 key reads for Thursday…

  1. PayPal’s stock packs nearly 50% upside, a renewed bull says. Here’s why. (marketwatch)
  2. ‘Father of emerging markets’ Mark Mobius turns bullish on China stock as property measures restore confidence (scmp)
  3. Container throughput at China’s ports up 9 pct in January-April (cn)
  4. IMF ups China’s 2024 GDP growth forecast to 5 pct (cn)
  5. The Rise in Consumers’ Late Debt Payments Is Slowing Down (wsj)
  6. This Record Stock Market Is Riding on Questionable AI Assumptions (wsj)
  7. You Can Thank Private Equity for That Enormous Doctor’s Bill (wsj)
  8. Money Supply Rose for the First Time in More Than a Year. What That Signals for the Economy. (barrons)
  9. Warren Buffett Is a Big Fan of Shareholder Equity. 10 Companies With the Most. (barrons)
  10. The S&P 500 may be overbought, but most of its stocks are not (marketwatch)
  11. Blackstone executive says commercial real estate is bottoming (marketwatch)
  12. The South Park jinx could be coming for high-flying weight-loss stocks (businessinsider)
  13. US Pending Home Sales Plunged To Record Lows In April As Rates Rose (zerohedge)
  14. Richard Li States Strong Confidence in HK Economy (aastocks)
  15. High Interest Rates Are Working, Fed’s Williams Says (bloomberg)
  16. Fed’s Williams expects inflation to cool in the second half of the year (marketwatch)
  17. Alibaba expands AI portfolio with US$27 million start-up investment (scmp)

Be in the know. 13 key reads for Wednesday…

  1. Why This Legendary Value Manager Likes Alphabet and Citigroup Stock (barrons)
  2. Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase. (barrons)
  3. Cruise Stocks Are Steaming Ahead. It Isn’t Too Late to Jump Aboard. (barrons)
  4. Chewy Stock Gains After Earnings. Autoship Sales Are Strong. (barrons)
  5. Hedge funds sell out of U.S. cyclical stocks at fastest rate this year (marketwatch)
  6. Activist Investor Irenic Builds Stake in Forward Air (wsj)
  7. Consumer confidence rebounds for first time in 3 months (finance.yahoo)
  8. Yen May Ironically Get Help From The Fed Of All Places (zerohedge)
  9. A ‘robust’ earnings outlook is driving further optimism for stocks in 2024 (finance.yahoo)
  10. IMF raises China growth forecast but warns on industrial policy (ft)
  11. In China’s Tech Sphere, Everything Eventually Descends Into a Price War (bloomberg)
  12. ECB member says rates to ease ‘gradually,’ as market awaits June cut (cnbc)
  13. How China Pulled So Far Ahead on Industrial Policy (nytimes)