Be in the know. 20 key reads for Thursday…

  1. Baidu’s $1bn bond draws strong demand despite China tech crackdown (Financial Times)
  2. Tencent Earnings Good Enough to Forget Regulatory Woes for One Day (Barron’s)
  3. Dogecoin Alone Accounted For 62% Of Crypto Revenue For Robinhood In Q2 (Benzinga)
  4. Fed would make ‘very serious mistake’ tapering this year, analyst says (Fox Business)
  5. Most Fed officials believe stimulus could start winding down this year (Financial Times)
  6. 5 Raymond James Analyst Favorite Stocks Look Safe and Pay Big, Dependable Dividends (24/7 Wall Street)
  7. US consumers flock to the shops despite spread of Delta variant (Financial Times)
  8. Why Jim Cramer Is Bullish On Disney At Current Levels: ‘The Greatest Story Ever Told’ (Benzinga)
  9. Philly Fed factory index falls in July to lowest since December (Reuters)
  10. Ray Dalio, Al Gore, and 8 other Alibaba investors may have seen $1.4 billion wiped off their stakes this quarter. Ken Fisher, Jeremy Grantham, Bill Miller, and Steve Cohen were also shareholders as of June 30. (Business Insider)
  11. Soaring demand for the world’s least-liked commodity sees coal prices jump 106% this year (CNBC)
  12. Anxiety Ripples Through Markets Worried About China and Covid (Bloomberg)
  13. Contrarian Investors Should Love Emerging Markets (Bloomberg)
  14. China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives (Bloomberg)
  15. Bilibili Beats Views, But Long Stock Slide Continues (Investor’s Business Daily)
  16. Rowe Price CEO Leads With His Top 10 List (Investor’s Business Daily)
  17. XPeng Is Quadrupling Capacity. It Expects to Sell More Electric Vehicles. (Barron’s)
  18. Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time (Wall Street Journal)
  19. Officials debated timing, mechanics of plans to reduce $120 billion in monthly bond purchases at July meeting, minutes show (Wall Street Journal)
  20. Amazon Plans to Open Large Retail Locations Akin to Department Stores (Wall Street Journal)