Be in the know. 18 key reads for Monday (CORRECTED)…

  1. Biden Says US-China Relations Set to Improve ‘Very Shortly’ (bloomberg)
  2. Ford Stock Rises After It Backs Earnings Guidance. The Investor Meeting Is Today. (barrons)
  3. Auto Dealers Finally Have Cars to Sell Again (wsj)
  4. Ironwood Pharmaceuticals to Buy VectivBio in $1 Billion Deal. The Sector Is Hot for M&A. (barrons)
  5. The Public Golf Course Pro Who Shocked the PGA Championship (wsj)
  6. Michael Block commercial: Watch PGA Championship star’s hilarious, heartwarming ad for Arroyo Trabuco Golf Club (sportingnews)
  7. Michael Block sinks hole-in-one as dream PGA Championship continues (foxnews)
  8. Biden, McCarthy to meet in person Monday after ‘productive’ debt-ceiling talk (marketwatch)
  9. Fed’s Kashkari says he’s open to a pause in rate hikes in June (marketwatch)
  10. Biden Sees Potential Thaw With China After Tough G-7 Statement (wsj)
  11. Alibaba Cloud Unveils Incentives, Rebates to Support 12,000-Strong Partner Network (alizila)
  12. LIV Golf’s Brooks Koepka Wins the PGA Championship (wsj)
  13. Latest ‘Fast & Furious’ Movie Speeds to Top of Weekend Box Office (wsj)
  14. Brooks Koepka has odd exchange with PGA CEO Seth Waugh after winning PGA Championship (nypost)
  15. Why fears of a banking crisis were overblown — bad regulation is the real problem (nypost)
  16. Why Is Inflation So Stubborn? Cars Are Part of the Answer. (nytimes)
  17. China Blasts US ‘Sincerity’ as Biden Calls for More Talks (bloomberg)
  18. Venmo Welcomes Teens as Young as 13, With Parent’s Help (bloomberg)

Be in the know. 15 key reads for Sunday…

  1. US-China Relations Set to Improve ‘Very Shortly,’ Biden Says (bloomberg)
  2. (Here come the dealer incentives!) Auto Dealers Finally Have Cars to Sell Again (wsj)
  3. Investment Advice From The Vietnam Veteran Who Turned A 2-Bedroom House Into A $4.7 Billion Fortune (forbes)
  4. Brooks Koepka Surges to the Lead at P.G.A. Championship (nytimes)
  5. This 5-Star Coastal Resort Outside Los Angeles is a Golfer’s Paradise (maxim)
  6. Lamborghini Unveils Most Elite Urus SUV Yet (maxim)
  7. Aston Martin’s DBX 707 AMR23 Edition Is A Luxury SUV For F1 Superfans (maxim)
  8. Tom Cruise Rides Off A Cliff In New Trailer For ‘Mission: Impossible – Dead Reckoning Part One’ (maxim)
  9. How Wall Street Legend James Simons Built His $28 Billion Fortune (maxim)
  10. Check Into This Historic Luxury Hotel From ‘Midnight in Paris’ (maxim)
  11. Atlanta GDP Now (atlanta fed)
  12. How Much Aid Has the U.S. Sent Ukraine? Here Are Six Charts. (cfr)
  13. Can YOU solve the debt crisis? (npr)
  14. How AI could help rebuild the middle class (npr)
  15. The developers who see dollar signs in abandoned downtowns (thehustle)
  16. Leonardo DiCaprio, Martin Scorsese’s ‘Killers of the Flower Moon’ Gets 9-Minute Standing Ovation at Cannes (people)
  17. President to Speak With McCarthy on Stalled Debt-Limit Talks (bloomberg)

Be in the know. 12 key reads for Saturday…

  1. China’s Tech Giants Signal the First Steps in a Bumpy Recovery (nytimes)
  2. Powell Comments Lower Expectations of Rate Hike (barrons)
  3. Western Alliance Stock Is Positioned to Outperform Peers (barrons)
  4. Stock Market Shrugs Off Doomsday Scenarios. It Might Be Right. (barrons)
  5. Fed’s Powell warns of slow slog to bring inflation down to 2% (marketwatch)
  6. What is the G-7? Which countries are in it? Here’s what you should know about this year’s summit. (marketwatch)
  7. Brazil’s Market Likes Its New President. 6 Stocks to Play. (barrons)
  8. Powell Says Bank Stress Could Influence Rate Path (wsj)
  9. Debt-Limit Talks Resume After Optimism Curbed by GOP Walk-Out (bloomberg)
  10. Nobel economist Paul Krugman says he’s worried the Fed’s war on inflation may trigger future shocks, including more banking chaos (businessinsider)
  11. Alibaba Options Traders Bet On Stock Surging This Much By September Expiration (benzinga)
  12. Mario Gabelli and John Rogers talk Value Investing (Gabelli)

Be in the know. 18 key reads for Friday…

  1. The stock market has flipped from ‘sell the rip’ to ‘buy the dip,’ and that should help push the S&P 500 above a key resistance level (businessinsider)
  2. Markets Aren’t Buying What the Fed Is Selling. There’s a Good Reason Why. (barrons)
  3. Stocks are rallying, but investors say they’re miserable. That’s a good thing. (marketwatch)
  4. Disney Scraps Plan for $900 Million Florida Campus, Closes ‘Star Wars’ Adventure Hotel (wsj)
  5. Home Prices Posted Largest Annual Drop in More Than 11 Years in April (wsj)
  6. Chinese Dissidents’ New Weapon Against Beijing: Sell-Out New York Comedy Shows (wsj)
  7. S., Taiwan Reach Trade Deal as Tensions With China Simmer (wsj)
  8. Bargain Hunters Turn to Walmart, Boosting Sales (wsj)
  9. The NHL’s Palm Tree Playoffs (wsj)
  10. In Battle Over A.I., Meta Decides to Give Away Its Crown Jewels (nytimes)
  11. China Tech Megacaps in a Funk Despite Upbeat Sales: Tech Watch (bloomberg)
  12. This Week in China: Nothing Is Good Enough for Impatient Market (bloomberg)
  13. Carl Icahn lost $9 billion on an ill-timed short trade. Here’s what he says are 3 big lessons from the soured bet. (businessinsider)
  14. Fed’s Williams says there is no evidence the era of very low ‘natural’ rates of interest has ended (marketwatch)
  15. Small-caps are on track for yet another dismal year, but there are some solid reasons why they might be a good investment—especially now (marketwatch)
  16. Las Vegas Sands & Wynn Resorts price target raised at UBS on Macau recovery (streetinsider)
  17. Ron DeSantis Slammed By Miami Mayor for ‘Personal Vendetta’ On Disney: 2,000 Jobs Gone, $1B Fallout (benzinga)
  18. China’s Big Tech bosses take different business approaches towards generative AI like ChatGPT (scmp)