Be in the know. 20 key reads for Wednesday…

  1. Alibaba, JD.com, and Other Chinese Tech Stocks Are Soaring. Here’s Why—and Who to Thank. (barrons)
  2. Hang Seng hits six-week high as Alibaba drives best tech gain in 3 months (scmp)
  3. For Chinese Tech Stocks, No News Is Good News (wsj)
  4. Warren Buffett’s champion stock picker is dead at 85. The billionaire ranked Louis Simpson among the best investors ever. (businessinsider)
  5. Facebook Antitrust Suit Can Move Forward, Judge Rules (barrons)
  6. Walgreens Begins Strategic Review of Boots Business (barrons)
  7. Gene-Editing Start-Ups Are Being Courted. Big Pharma Senses a Buying Opportunity. (barrons)
  8. Nordstrom Stock Is Cheap Compared to Other Retailers (barrons)
  9. Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus (wsj)
  10. Boeing wins annual jet order race on adjusted basis (reuters)
  11. Goldman Sachs Clients Favor European Stocks as U.S. Risks Grow (bloomberg)
  12. Jerome Powell Pitches Benevolent Interest-Rate Hikes Again (bloomberg)
  13. Fear of even higher mortgage rates may be heating up winter homebuying (cnbc)
  14. Tech stocks rally; China’s December inflation slows (cnbc)
  15. Billionaire trader Paul Tudor Jones rings the bubble alarm, warns the Fed could tank the economy, and predicts pandemic winners will struggle (businessinsider)
  16. Interest rate hikes by the Fed won’t end the bull market in stocks — but a 10% sell-off is likely, Fundstrat says (businessinsider)
  17. ‘This is a brilliant move’: Bank of America and Wells Fargo make big changes to overdraft fees — experts explain why (marketwatch)
  18. Amazon (AMZN) Price Target Raised at Morgan Stanley, Analyst Sees 30% Upside (streetinsider)
  19. US companies tipped for strong earnings season despite growing threats (ft)
  20. AT&T Soon Will Catch Up to Rival Verizon. The Stock Is a Buy. (finance.yahoo)