Be in the know. 37 key reads for Tuesday…

  1. ‘Big Short’ Michael Burry is long on China’s Alibaba and JD.com — these stocks are now a fifth of his portfolio (businessinsider)
  2. Community Banks Are the Backbone of the Economy. The Little Guys Are Under Pressure. (barrons)
  3. Baidu Stock Rises After Solid Earnings. It Wasn’t AI That Drove the Beat. (barrons)
  4. North American Freight Markets Show Signs of Picking Up in Second Half (bloomberg)
  5. Shoppers Boosted Retail Sales in April (wsj)
  6. McCarthy Says Debt Ceiling Talks ‘Not In A Good Place’ As Yellen Warns ‘Time Is Running Out’ (zerohedge)
  7. PBOC Extends Cash Support in May After Credit Growth Slumped (bloomberg)
  8. Taobao Tmall Commerce Set to Invest In Winning Users (alizila)
  9. Debt-Ceiling Talks Set to Resume Tuesday. (barrons)
  10. China’s Demand for Oil Hits Record (wsj)
  11. Berkshire Hathaway Sold U.S. Bancorp, Bank of New York Stock. Here’s What It Bought. (barrons)
  12. Home Depot’s Earnings Beat Estimates. Why the Stock Is Falling and Hitting the Dow. (barrons)
  13. Opinion: Retail sector insiders are betting on no recession: 4 undervalued stocks they like now (marketwatch)
  14. Futures Drop After China Dismal Data Dump, Debt Ceiling Debate Enter Crunchtime (zerohedge)
  15. Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker (wsj)
  16. Fed Officials See Rates Remaining High This Year (barrons)
  17. Here’s the big thing holding up the stock market, says Bank of America (marketwatch)
  18. Expedia Has ‘Overlooked Tailwinds’ for Growth. The Stock Gets an Upgrade. (barrons)
  19. Memorial Day Air Travel Expected to Be Busiest Since 2005 (barrons)
  20. Teaching Kids About Money: An Age-Based Guide for Advisors (barrons)
  21. The Disappearing White-Collar Job (wsj)
  22. AI Spending Will Cloud Chip Slowdown (wsj)
  23. Golf Drives Scotland’s Most International Housing Market: St. Andrews (mansionglobal)
  24. Rise in Distressed Sales Signals New Chapter for Beleaguered Office Market (wsj)
  25. The Data That Explains LIV Golf vs. the PGA Tour (wsj)
  26. Gene-Therapy Investors Have a Powerful Ally: Patients (wsj)
  27. Rusty Old Oil Tankers Fetch Big Bucks (wsj)
  28. Indian Tech’s Promise of Rivaling China Is Falling Apart (wsj)
  29. Yellen Warns ‘Time Is Running Out’ Ahead of Biden-McCarthy Meet (bloomberg)
  30. Investors Most Pessimistic So Far This Year, BofA Survey Shows (bloomberg)
  31. Baidu’s Revenue Beats After China Recovery Fuels Advertising (bloomberg)
  32. The Key Points That Could Complicate a Debt-Limit Deal (bloomberg)
  33. David Einhorn’s Greenlight Capital snapped up 2 regional banking stocks during last quarter’s turmoil (businessinsider)
  34. China’s Tencent Music revenue beats estimates on jump in paying users (reuters)
  35. Capital One shares up after billionaire investor Buffett’s near $1 bln bet on bank (reuters)
  36. ‘Big Short’ investor Michael Burry is betting big on China tech as other hedge funds have cooled on Beijing (fortune)
  37. Baidu, Alibaba, & Tencent Earnings This Week, SOE ETFs Prepare To Launch In China (chinalastnight)