Be in the know. 18 key reads for Wednesday…

  1. Diageo Sells Cricket Team to Blackstone-Backed Consortium for $1.8 Billion (wsj)
  2. Diageo Bought an Indian Cricket Team, Set for $1 Billion Payout (bloomberg)
  3. Alibaba Stock Rises. Why China’s Food Delivery War Could End Soon. (barrons)
  4. Meituan, Alibaba Shares Jump as Beijing Vows to End Price Wars (bloomberg)
  5. China’s AI Stocks Gain as State Media Tout Rising Token Usage (bloomberg)
  6. Venezuelan Opposition Leader Vows to Fully Privatize Oil (barrons)
  7. NOV to double Brazil flexible pipe capacity with $200M investment (investing)
  8. US Forms 15-Point Plan to End Iran War as Trump Pushes Talks (bloomberg)
  9. Morgan Stanley’s Wilson Sees S&P Profit Boom Despite Iran War (bloomberg)
  10. ‘Upside Tail-Risks Are Underpriced’: Citadel Securities Chief Strategist Offers April’s ‘Capitulation Checklist’ (zerohedge)
  11. Retail Traders Are Selling Stocks for First Time Since 2023 (bloomberg)
  12. Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise (cnbc)
  13. OpenAI to end Disney deal and Sora video app (ft)
  14. US Easter spending to touch a record $24.9 billion in 2026, NRF forecasts (reuters)
  15. IRS Data Show Average Tax Refund Up Over 10% This Year (zerohedge)
  16. Big Returns From AI Investments Are Here, CFOs Say (wsj)
  17. United to Add Over 250 Planes in Next Two Years as Part of Premium Push (wsj)
  18. BofA reiterates Buy on Estee Lauder stock, keeps $130 target (investing)

Be in the know. 19 key reads for Tuesday…

  1. Estée Lauder in Talks to Acquire Spain’s Puig to Create Global Beauty Giant (wsj)
  2. Comstock Resources, Inc. announces selection of Western Haynesville site to host power generation hub (comstock)
  3. 200 Million More Friends on Venmo — Send Money to PayPal Users Around the World (paypal)
  4. Alibaba Unveils New Chip Design to Meet Surging Demand for AI (bloomberg)
  5. From infrastructure to AI: how Alibaba Cloud powers the global ambitions of Chinese companies (scmp)
  6. Alibaba unveils AI agent platform to automate global e-commerce for small businesses (scmp)
  7. China’s open-source dominance threatens US AI lead, US advisory body warns (reuters)
  8. China’s AliExpress tells EU lawmakers it is working to comply with law (reuters)
  9. European Car Sales Rise as EV Demand Gains Momentum (bloomberg)
  10. Toyota to Invest Further $1 Billion to Boost Output at US Plants (bloomberg)
  11. Citadel Securities’ Rubner Sees Short Squeeze Fueling US Stocks Rally (bloomberg)
  12. ‘Peak Pessimism’ Toward Consumer Stocks Flashes a Buy Signal (bloomberg)
  13. Financials have the biggest underweight across sectors (zerohedge)
  14. U.S. Energy Secretary Wright Says Oil Price Rise Hasn’t Destroyed Demand (wsj)
  15. Fed’s Miran Still Backs Rate Cuts Despite Surging Oil Prices (wsj)
  16. Guggenheim raises Pfizer stock price target on drug trial outlook (investing)
  17. BofA reiterates Buy on Disney stock, cites experiences growth (investing)
  18. Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies (nytimes)
  19. Apollo caps investor withdrawals from flagship private credit fund (ft)