Be in the know. 12 key reads for Sunday…

  1. China’s Consumers Lead Recovery in April (wsj)
  2. Bloomberg Radio host Barry Ritholtz speaks with Benjamin Clymer and Jeffery Fowler of Hodinkee, the preeminent website for enthusiasts of modern and vintage wristwatches. Clymer, who’s been dubbed “The High Priest of Horology,” founded the site in 2008 and is currently executive chairman; Fowler was appointed Hodinkee’s chief executive officer in 2022. (bloomberg)
  3. Ryan Reynolds Bidding Record Price for NHL Team (thestreet)
  4. The Druck hates to lose money (ft)
  5. McLaren Unveils Its Latest Supercar: The 750S (forbes)
  6. Super Active 32-Year-Old Dealmaker Is Japan’s Newest Billionaire (forbes)
  7. Marc Benioff says he can juggle empathy, cost cuts, and layoffs as he doubles down on efficiency at Salesforce (fortune)
  8. Global elite heads to Milken conference in California—aka ‘Davos West’—amid bank failures, broken markets (fortune)
  9. First Drive: We Tackled the Dunes of Dubai in the New Land Rover Defender 130. Here’s What Happened. (robbreport)
  10. Land Rover Gets Dark With Blacked-Out Defender (maxim)
  11. The Original Lamborghini Gallardo Deserves More Credit Than It Gets (roadandtrack)
  12. The economy continues to grow and inflation continues to decline (calafia)

 

Be in the know. 15 key reads for Saturday…

  1. China Celebrates Economic Recovery, Pledges More Help on Jobs (wsj)
  2. Hedge funds lose $18bn betting against tech stock rally (ft)
  3. The Fed Has No Good Options. The Risk of a Misstep Is Growing. (barrons)
  4. Big Tech Stocks Have Surged. Small Ones Haven’t. (barrons)
  5. Fed Blames Itself In Reviewing Silicon Valley Bank’s Collapse (barrons)
  6. How Activist Investors Target Companies in a Choppy Market (barrons)
  7. Why J&J’s Kenvue Spinoff Is Just What the IPO Doctor Ordered (barrons)
  8. JPMorgan, PNC Bidding for First Republic as Part of FDIC Takeover (wsj)
  9. Big Tech Earnings Spark Hope That Worst Is Over (wsj)
  10. Fed Emergency Loans Rise Again Amid Renewed Financial Stress (bloomberg)
  11. Billionaire Steve Cohen Has a Plan to Become the King of Queens (bloomberg)
  12. The MSCI China is trading at about 10.1 times forward earnings — 10% cheaper than averages going back two decades. The multiple is 34% lower versus the MSCI All-Country World index and 45% below the S&P 500’s valuation. (bloomberg)
  13. Elon Musk has called out the Fed more than 20 times for hiking interest rates too much. Here’s a roundup of his attacks on the central bank. (businessinsider)
  14. Intel tops Wall Street estimates, CEO says data-center business is improving (marketwatch)
  15. 2 Undervalued Stocks From the Morningstar Wide Moat Focus Index (morningstar)

Be in the know. 10 key reads for Friday…

  1. Intel Stock Rises After Chip Maker Beats Earnings. CFO Sees ‘Green Shoots’ in China (barrons)
  2. Intel tops Wall Street estimates, CEO says data-center business is improving (marketwatch)
  3. Amazon’s Cloud Outlook Panicked Investors. Don’t Overreact, Analysts Say. (barrons)
  4. Fed’s Favored Inflation Metric Remains Stubbornly High (barrons)
  5. Inflation barely rises, PCE shows, but ‘core’ rate still ‘sticky’ (marketwatch)
  6. First Republic Bank Faces a Critical Weekend. What to Expect. (barrons)
  7. GDP Report Shows Economic Growth Slowed in First Quarter (wsj)
  8. Russian Pranksters Dupe Fed Chair Jerome Powell Into Recorded Call (wsj)
  9. S. officials lead urgent rescue talks for First Republic (reuters)
  10. Big Tech earnings resilient as sector gears up for AI boom (ft)