Be in the know. 34 key reads for Wednesday…

  1. Chinese stocks are back in a bull market as investors buy into the nation’s economic rebuild (businessinsider)
  2. 3M (MMM) hikes first-quarter earnings forecast amid healthcare unit spin-off (streetinsider)
  3. ‘It’s just a fantasy’: Citadel CEO Ken Griffin says AI will not replace human fund managers (marketwatch)
  4. China’s Biggest ETF Reaches $28 Billion on National Team Buying (bloomberg)
  5. 3M hires outsider Bill Brown as CEO, shares jump (foxbusiness)
  6. The last mile of inflation hits another big bump in the road (marketwatch)
  7. Illegal immigration is giving Fed more scope to let economy run hot, researchers say. (marketwatch)
  8. The Fed Has a Tricky Data Problem. The Economy Is Sending Lots of Mixed Signals. (barrons)
  9. Auto Insurance Prices Soared Last Month. Why They Finally Might Be Peaking. (barrons)
  10. For Golf Communities, It’s All About the Long Game (barrons)
  11. This New AI Chip Makes Nvidia’s H100 Look Puny in Comparison (barrons)
  12. How Safe Are Boeing Planes? A Look at the Data. (barrons)
  13. Amazon Will Now Deliver Eli Lilly Weight Loss Drug (barrons)
  14. Productivity Is Growing Fast. Don’t Give AI the Credit. (barrons)
  15. Big Stocks Aren’t the Only Play. It’s Time to Look at Smaller Ones. (barrons)
  16. Berkshire Buys More Liberty Sirius XM, Now Holds $2.6 Billion of Tracking Stock (barrons)
  17. ADM Finds ‘Material Weakness’ in Accounting Probe (barrons)
  18. Inflation Picks Up to 3.2%, Slightly Hotter Than Expected (wsj)
  19. 3M Names New CEO Amid PFAS Battles, Health Spinoff (wsj)
  20. Alibaba’s Media Arm to Invest $640 Million in Hong Kong Entertainment (wsj)
  21. Dollar Tree to Close About 1,000 Stores (wsj)
  22. How China Tried to Fix the Stock Market—and Broke the Quants (wsj)
  23. Miami’s Office Market Was Red-Hot. Now Its Tallest Planned Tower Can’t Fill Its Space. (wsj)
  24. Activist Investor Land & Buildings Urges Office Owner to Liquidate (wsj)
  25. Dodge drops the Challenger, flexes new 2024 Charger Daytona EV (usatoday)
  26. China Pledges Central Government Funds For Equipment Upgrades (bloomberg)
  27. The Fed Will Slow QT. What Matters Is Where It Stops (bloomberg)
  28. Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with activist (cnbc)
  29. EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers (cnbc)
  30. Top CFOs are as bullish on the Dow and as dovish on the Fed as they’ve been in a long time: CNBC survey (cnbc)
  31. Forget Nvidia: Billionaire Investors Are Selling It and Buying These 2 Artificial Intelligence (AI) Stocks Instead (yahoo.finance)
  32. AMD Rally Looks More Fragile Than Nvidia’s as Traders Bid Up AI (finance.yahoo)
  33. Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable (fortune)
  34. The Big Read. Shipbuilding: the new battleground in the US-China trade war (ft)