Be in the know. 25 key reads for Tuesday…

  1. Devils blank Rangers in Game 7, advance past rivals (espn)
  2. In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved (nytimes)
  3. Fed expected to raise interest rates again this week — perhaps for the last time this cycle (marketwatch)
  4. China dominates global IPO market as Wall Street fails to rebound (ft)
  5. First Republic Deal Is a Coup for Jamie Dimon and JPMorgan (barrons)
  6. Here are the 6 factors that suggest the stock market bottomed last October and will continue to rally from here (businessinsider)
  7. Beijing likely to ‘keep market support coming’ as China’s home sales tank (scmp)
  8. China Tourists Overwhelm Attractions as Travel Explodes After Covid (bloomberg)
  9. Marriott’s Revenue Jumps 34%. It’s Not Seeing a Slowdown in Travel Demand. (barrons)
  10. Pfizer Stock Jumps After Sales Beat. There’s More Good News From Earnings. (barrons)
  11. Molson Coors adjusted profit jumps 82% (marketwatch)
  12. Yellen Sets June 1 as New Debt Limit Deadline (barrons)
  13. Casinos Are Still a Good Bet, Surging Macau Data Show (barrons)
  14. Tesla Raises EV Prices by $250. Why It’s a Brilliant Move. (barrons)
  15. Ford Earnings Are Coming. What’s Needed to Get the Stock Out of Its Doldrums. (barrons)
  16. FDIC recommends raising deposit insurance limit for business accounts after bankfailures (marketwatch)
  17. “Alibaba now trades at its steepest-ever discount to net asset value, according to Goldman’s estimates.” (bloomberg)
  18. Federal Reserve Meeting: Will ‘Dovish Hike’ Spark S&P 500 Rally? (investors)
  19. Why the human genome could be healthcare’s holy grail (yahoo)
  20. Investors warn of First Republic aftershocks at gloomy Milken gathering (ft)
  21. How Jamie Dimon swooped on the remains of First Republic (ft)
  22. Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath (reuters)
  23. Stocks could soon retest all-time highs as markets react to possible ‘thesis-changing’ final rate hike from the Fed, Fundstrat says (businessinsider)
  24. 3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008 (nytimes)
  25. The Inside Story of Buffett’s Big Japan Bet, Over Glasses of Coke at Four Seasons (bloomberg)