Be in the know. 18 key reads for Wednesday…

  1. Alphabet first quarter earnings top estimates, announces $70B stock buyback (yahoo)
  2. Billionaire investor Stanley Druckenmiller shorts the dollar after ‘biggest miss of my career’ on Fed rate view and weaponized currency fears (businessinsider)
  3. The Roots of the Options Trading Revolution (barrons)
  4. Brazil inflation hits 30-month low as govt calls for rate cuts (reuters)
  5. Bullish signals are flashing that suggest the stock market is headed for a ‘summer rip’, Bank of America says (businessinsider)
  6. Alibaba Cuts Cloud Prices to Spur Growth Before Possible IPO (bloomberg)
  7. Overseas News & US Dollar Strength Outweigh China’s GDP Recovery (chinalastnight)
  8. Black-Scholes at 50: how a pricing model for options changed finance (ft)
  9. The Party for Consumer Staples Stocks Might Be Ending. Here’s Why. (barrons)
  10. Microsoft Profit, Sales Top Estimates on Strong Cloud Demand (bloomberg)
  11. J&J’s $40 Billion Spinoff Has One Rival. Who Will Rule Consumer Health. (barrons)
  12. Office occupancy climbs to nearly 50% in renewed push for return-to-office initiatives (yahoo)
  13. Boston Properties (BXP) Beats Q1 FFO and Revenue Estimates (yahoo)
  14. Legendary investor Peter Lynch shares the 2 things investors should look for when picking stocks – and one big pitfall to avoid (businessinsider)
  15. China’s Xi Makes First Call to Ukraine’s Zelensky Since Russian Invasion (wsj)
  16. 3M (MMM) Beats on Q1 Earnings, Announces Restructuring Plans (yahoo)
  17. D.A. Approves Drug for Rare Form of A.L.S. (nytimes)
  18. Mortgage demand rebounds, even as interest rates hit the highest level in over a month (CNBC)