Be in the know. 11 key reads for Tuesday…

  1. Alibaba Reorganizes To Unlock Value (alizila)
  2. Alibaba to Split Into Six Separate Groups in Biggest Shake-Up (wsj)
  3. Alibaba Co-Founder Jack Ma Returns to China After a Year Away (wsj)
  4. One for the Road: Alibaba’s Amap and Starbucks Launch Curbside Service in China (alizila)
  5. Chip Makers Face Choice Between U.S. and China (wsj)
  6. Disney Eliminates Its Metaverse Division as Part of Layoffs Plan (wsj)
  7. Alibaba Splits Into Six, Plans New IPOs in Historic Overhaul (bloomberg)
  8. History Says to Buy the Fed Pause. Should You? (bloomberg)
  9. Six Baby Babas Beats One Big Alibaba (bloomberg)
  10. Warren Buffett shakes off recession fears as he piles another $216 million into Occidental Petroleum stock (businessinsider
  11. Alibaba Shares Soar After Company Unveils Breakup Into Six Companies (zerohedge)

Be in the know. 10 key reads for Monday…

  1. China Central Government Is Borrowing at Fastest Pace on Record (bloomberg)
  2. China Minister Says Nation’s Recovery to Benefit US Firms (bloomberg) Why Chinese Apps Are the Favorites of Young Americans (wsj)
  3. Where Financial Risk Lies, in 12 Charts (wsj)
  4. First Citizens Said to Near Deal for Silicon Valley Bank (bloomberg)
  5. US Bank Deposits Decline by Most in Nearly a Year (bloomberg)
  6. Bond Traders Go All-In on US Recession Bets That Defy Fed View (bloomberg)
  7. Fed’s Kashkari Says Bank Strains Bring Risk of Recession Closer (bloomberg)
  8. Money market funds swell by over $286bn as investors pull deposits from banks (ft)
  9. Powell and Yellen struggle to calm nerves in banking crisis (ft)
  10.  Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program (foxbusiness)