Be in the know. 25 key reads for Thursday…

  1. Alibaba, JD.com Stocks Gain. China Is Backing Tech as Economy Splutters. (barrons)
  2. Traders flock back to China tech stocks after premier acknowledges economic role (scmp)
  3. Fund Titans Are Betting on Everything Gaining Against the Dollar (bloomberg)
  4. PPI shows lowest U.S. annual wholesale inflation rate — 0.1% — since September 2020 (marketwatch)
  5. Alibaba, Tencent and Meituan praised by Beijing for helping China’s tech progress in new sign of attitude change (scmp)
  6. Premier Li Puts Final Nail In Coffin For Internet Regulation, Praises Platform Economy (chinalastnight)
  7. Xi Gets Serious About Boosting Private Sector as Economy Slumps (bloomberg)
  8. China’s state planner praises Tencent, Alibaba as attitude towards tech shifts (yahoo)
  9. China’s tech giants off leash after years-long crackdown, as Beijing primes them to be the economic engine they once were (scmp)
  10. Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy (reuters)
  11. Bill Dudley Says CPI Could Make July Last Fed Rate Hike (bloomberg)
  12. Delta’s Record Revenue (barrons)
  13. Pepsi Raises Guidance (barrons)
  14. It’s a Stockpicker’s Market. What That Means and What to Buy. (barrons)
  15. Boeing and 17 Other Money-Losing Companies That Are About to Turn a Profit (barrons)
  16. Disney Stock Climbs After Bob Iger Extends Stay as CEO. (barrons)
  17. Citigroup Posts Earnings Friday. Here’s What Wall Street Expects. (barrons)
  18. Inflation Eased to 3% in June, Slowest Pace in More Than Two Years (wsj)
  19. Inflation Cools Sharply in June, Good News for Consumers and the Fed (nytimes)
  20. Dollar Falls to Its Lowest Level Since April 2022 (bloomberg)
  21. Biggest US Banks Are Bracing for Cost Pressures, Rate Struggle (bloomberg)
  22. China Takes Friendlier Approach to AI in Finalized Guidelines (bloomberg)
  23. Chinese Tech Stocks Advance as Signs of Official Support Grow (bloomberg)
  24. China Premier Meets Major Tech Companies, Vows More Support (bloomberg)
  25. ‘Disinflation Is Here,’ Says Ed Yardeni (bloomberg)