Be in the know. 29 key reads for Thursday…

  1. Alibaba Earnings Take Backseat to Breakup. What It Plans to Spin Off. (barrons)
  2. Alibaba Beats As it Becomes One of the Most Shareholder-Friendly Companies (chinalastnight)
  3. Cloud in China: The outlook for 2025 (mckinsey)
  4. President Xi Pledges to Actively Develop Digital Econ & Modernized Service Industry (aastocks)
  5. Michael Burry of The Big Short fame doubled down on China bets. Here’s what other investors are saying (marketwatch)
  6. Hedge fund billionaire Steve Cohen tells investors to ride the ‘big wave’ of artificial intelligence and stop focusing on recession odds (businessinsider)
  7. How pickleball could help save America’s malls (marketwatch)
  8. Steve Cohen Is ‘Pretty Bullish’ on Markets Thanks to AI (bloomberg)
  9. Alibaba earnings: What to expect from the Chinese e-commerce giant (marketwatch)
  10. Chinese Stock Picks Make Comeback at Sohn HK Hedge Fund Summit (bloomberg)
  11. Biden says he and China’s Xi will meet, ‘whether it’s soon or not’ (reuters)
  12. Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip (bloomberg)
  13. US Jobless Claims Tumbled Last Week After Fraud-Inflated Jump (bloomberg)
  14. The Key Points That Could Complicate a Debt-Limit Deal (bloomberg)
  15. Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm (bloomberg)
  16. Golf’s Thorniest Grudge Match Threatens the Game’s Old Order (bloomberg)
  17. A Fed Pause Could Be an ‘Almost Generational’ Opening for Bond Investors (barrons)
  18. Alibaba Says Cloud To Spin-Off; Freshippo & Cainiao To Pursue IPOs (alizila)
  19. Alibaba Q4 Profits Beat Forecasts As Multiple Businesses Narrow Losses (alizila)
  20. A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors (barrons)
  21. Walmart Earnings Stand Out in a Tough Spring for Retail (barrons)
  22. Teva Pharmaceutical announces new growth strategy built on biosimilars, innovation (marketwatch)
  23. Puerto Rico Aims to Woo Wall Street and Put Bankruptcy in Rearview Mirror (bloomberg)
  24. Factbox: Biden, McCarthy debt ceiling deal – what’s in, what’s out (reuters)
  25. 2023 PGA Championship tee times, pairings: Complete field, schedule, groups for Round 1 on Thursday (cbssports)
  26. Tencent Earnings Show the Company Still Has Game (wsj)
  27. This PGA Championship Concocts an Old-School Test for Modern Golfers (wsj)
  28. Opinion: China has its own reasons to pressure Russia to end its war in Ukraine (marketwatch)
  29. Amazon’s Cloud Business Makes a Big Bet on India. Big Tech Loves the Country. (barrons)