Be in the know. 30 key reads for Thursday…

  1. China’s powerful internet regulator flexes muscles with Didi probe: “China’s policy remains unchanged. We continue to open up and support the development of internet platforms and we will continue to encourage Chinese companies to engage in international exchanges and cooperation,” foreign ministry spokesman Wang Wenbin said. (Reuters)
  2. Tampa Bay Lightning close out Montreal Canadiens in Game 5 to win second straight Stanley Cup (ESPN)
  3. Growth worries, Chinese tech rout set to drag Wall St lower (Reuters)
  4. China signals easier monetary policy, reviving worries about weaker growth (CNBC)
  5. How Laura Alber Varnished Williams-Sonoma With Success (IBD)
  6. Beijing’s Regulatory Plans Could Hurt U.S.-Listed Chinese Companies. The Pitfalls Investors Need to Know. (Barron’s)
  7. China and the U.S. Share a Long History—Sometimes as Friends (Barron’s)
  8. Why the Manager of an Eclectic $17B Value Fund Thinks Facebook and Citi Stock Are Deals (Barron’s)
  9. FDA Narrows Its Label on Biogen’s Alzheimer’s Drug a Month After Approving It (Barron’s)
  10. Mortgage Applications Are Stuck at May 2020 Levels. Here’s Why. (Barron’s)
  11. S. Treasury Yields Extend Steep Decline (Wall Street Journal)
  12. Delta Covid-19 Variant Is Dominant U.S. Strain, CDC Data Show (Wall Street Journal)
  13. Americans Can Travel to Europe Again. Here’s How to Get Around. (Wall Street Journal)
  14. 3M workers remain on jobless benefits as weekly claims tick up to 373K (New York Post)
  15. Jeffrey Katzenberg has ‘work’ to do in Sun Valley as power players mingle (New York Post)
  16. Dozens of states sue Google alleging antitrust violations (New York Post)
  17. COVID-19 pandemic destroyed 22M jobs and many aren’t coming back: OECD (New York Post)
  18. Fed officials were divided over inflation risks and bond-buying when they met in June. (New York Times)
  19. Tokyo organizers say Olympics to be held without fans due to COVID-19 (USA Today)
  20. Bonds Lead Rethink on Reflation as Central Banks Signal Support (Bloomberg)
  21. Manhattan’s Apartment Glut Eases as Renters Race to Sign Leases (Bloomberg)
  22. The New Ducati Monster May Look Different, But It’s Better Than Ever (Bloomberg)
  23. S. Mortgage Rates Slide to Lowest Since February at 2.9% (Bloomberg)
  24. OPEC+ spat is likely to be resolved ‘sooner rather than later’: Energy analyst (CNBC)
  25. Now May Be a Good Time to Buy Mortgage Stocks (Wall Street Journal)
  26. Walgreens expands same-day prescription delivery service to nearly all U.S. locations (MarketWatch)
  27. Wheels Up wants to be ‘Uber of the sky,’ CEO says (Fox Business)
  28. Spending Rotated From Goods to Services in June, Travel Spending Improving in Early July – BofA (Street Insider)
  29. 5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge (24/7 Wall Street)
  30. Beijing asked Didi to change mapping function over security fears (Financial Times)