Be in the know. 22 key reads for Monday…

  1. Alibaba Cloud Debuts Generative AI Model for Corporate Users (alizila)
  2. China Pumps $25 Billion in Funds to Banks While Keeping Key Rate on Hold (bloomberg)
  3. The Pig Still Hasn’t Fully Exited the Python (bloomberg)
  4. The US dollar’s recent slide is flashing a bullish signal for markets (businessinsider)
  5. Merck to buy Prometheus Biosciences for $10.8 billion (marketwatch)
  6. The U.S. dollar is under fire from rival nations. What happens to markets if the greenback loses its world dominance? (marketwatch)
  7. M&T Bank’s Earnings Defy Turmoil to Top Forecasts. The Stock Is Rising. (barrons)
  8. A Ferrari 275 Originally Owned by the Late Actor Steve McQueen Heads to Auction (barrons)
  9. Why 5% interest rates might not derail the stock market or the U.S. economy (marketwatch)
  10. Walmart borrowing $5 billion in debt highlights a thaw in a crucial area of financial markets (marketwatch)
  11. Banks Are Finally Facing Pressure to Pay Depositors More (wsj)
  12. Drug and Game Makers Lead M&A’s Latest $20 Billion Bounce (bloomberg)
  13. Hedge Funds Go All In on Dollar, First Time in Over a Year (bloomberg)
  14. Moderna and Merck’s combo cancer-vaccine treatment shows ‘significant’ promise (marketwatch)
  15. Moderna is developing a vaccine against the tick-borne Lyme disease, in a first for the company (marketwatch)
  16. The U.S. dollar is under fire from rival nations. (marketwatch)
  17. BlackRock’s Larry Fink says there’s no big recession headed for the US economy, but inflation will be ‘stickier for longer’ (businessinsider)
  18. Howard Marks says rock-bottom rates are history, bitcoin has its uses, and AI won’t replace the best investors. Here are his 8 best quotes from a new interview. (businessinsider)
  19. New York Factory Activity Expands for First Time in Five Months (bloomberg)
  20. Goldman Sachs sees ‘relative outperformance’ for V.F. Corp. (VFC), double upgrades to Buy, raises target (streetinsider)
  21. Coach CEO latest luxury brand chief to visit ‘growth engine’ China post-Covid (scmp)
  22. Foreign brands flock to China’s Hawaii as consumption rebounds (scmp)