Be in the know. 23 key reads for Friday…

  1. U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2% (cnbc)
  2. Is China Reversing Its ‘Uninvestable’ Image? (bloomberg)
  3. Alibaba unveils new open-source AI embedding models, a field it leads globally (scmp)
  4. Regulatory Support For AI & Tech Raises Growth Stocks, Trump & Xi Speak (chinalastnight)
  5. Trump Gets His Call With Xi. The Two Sides Agreed to Keep Talking. (barrons)
  6. Xi’s Message to Trump: Rein in the Hawks Trying to Derail the Truce (nytimes)
  7. US Power Grid “Getting Critically Tight” — Time To Consider Backup Power At Home (zerohedge)
  8. Surging electricity demand is just one reason natural gas looks so appealing to investors this summer and beyond (marketwatch)
  9. Boeing rebuilding trust as airline bosses see improved jet quality (reuters)
  10. Mortgage rates fall for the first time in 5 weeks, opening up a ‘window of opportunity’ for home buyers (marketwatch)
  11. Disney says its theme parks generate $67 billion in annual U.S. economic impact (cnbc)
  12. Wolfe Research initiates QXO stock with outperform rating and $44 target (investing)
  13. ‘Summer Euphoria’ – Goldman Flows Gurus Give “Greenlight” For Equity Bulls (zerohedge)
  14. Stop-In Season: The Real Pain Is Still to the Upside (zerohedge)
  15. US Treasury Calls on BOJ to Hike Rates to Correct Yen Weakness (bloomberg)
  16. BofA stays bearish on the U.S. dollar (streetinsider)
  17. Wall Street Is Too Pessimistic on the Dollar. That Could Be a Problem. (barrons)
  18. Stablecoins may be nasty, but for Americans they’re also cheap (ft)
  19. The case for a Fed rate cut (ft)
  20. Should Investors Bet on Intel’s Turnaround In 2025? (yahoo)
  21. Shop Slow, Spend More: The Retailers Hoping That Customers Linger (wsj)
  22. Norwegian and Other Cruise Stocks Stage a Recovery. Why There’s Smoother Sailing Ahead. (barrons)
  23. The economy is still growing despite the craziness every day: Hightower’s Stephanie Link (youtube)

Be in the know. 20 key reads for Thursday…

  1. More Homes Are for Sale Since Before the Pandemic. What It Means for Buyers and Sellers. (barrons)
  2. Home Remodeling Bond Sales Surge as Americans Avoid Moving (bloomberg)
  3. ‘So Bad It’s Good’: Buying Window Opens for Battered Small Caps (bloomberg)
  4. Bond Yields & Dollar Plunge As ‘Bad’ Data Sparks Surge In Rate-Cut Hopes (zerohedge)
  5. Trump Loves Europe’s Rate Cuts. Why the Fed Should Take Cover. (barrons)
  6. BofA’s Hauner Expects More Emerging-Market Gains as Dollar Drops (bloomberg)
  7. Big investors shift away from US markets (ft)
  8. Confidence Game: Share Buybacks Are Soaring. CEO Optimism Isn’t. (barrons)
  9. As S&P 6,000 Looms, Speculators Are Ramping Up Their Bullish Bets (zerohedge)
  10. Hong Kong stocks rise for third day as China’s services PMI beats expectations (scmp)
  11. Shein and Temu see U.S. demand plunge on ‘de minimis’ trade loophole closure (cnbc)
  12. Apple and Alibaba’s AI rollout in China delayed by Donald Trump’s trade war (ft)
  13. US, Vietnam to hold new round of trade talks by end of next week, Hanoi says (reuters)
  14. Mizuho updates U.S. top picks: Adds CVS Health, PayPal and Oracle (streetinsider)
  15. Mastercard and PayPal collaborate to ease checkout (yahoo)
  16. Venmo Unleashes Next Phase of Commerce with the Venmo Debit Card and Venmo Checkout (yahoo)
  17. Jefferies raises Boeing stock price target to $250 on delivery growth (investing)
  18. Boeing Agrees to Pay $1.1 Billion to Avoid Prosecution for 737 MAX Crashes (wsj)
  19. Cooper Standard Wins 2024 Ford Supplier of the Year Award (yahoo)
  20. Meta Talks to Disney, A24 About Content for New VR Headset (wsj)