Be in the know. 25 key reads for Thursday…

  1. Hong Kong Stocks March Into Bull Market as Global Money Returns (bloomberg)
  2. New stimulus is coming as Politburo pledges to cut housing inventory: analysts (scmp)
  3. MGM Stock Rises as Wall Street Praises Earnings. There’s ‘Momentum in Macau.’ (barrons)
  4. Third Point made ‘substantial investment’ in Alphabet as shares fell on Google’s Gemini fiasco (marketwatch)
  5. Fed Chair Projects Optimism Despite Stubborn Inflation (wsj)
  6. BorgWarner raises full-year 2024 adjusted profit outlook (reuters)
  7. Intel Bets $28 Billion Comeback on High-Tech US Chip Designs (bloomberg)
  8. Unforgiving Investors Want Bumper Earnings After Record Rally (bloomberg)
  9. Japan Likely Spent About $23 Billion in Latest Yen Intervention (bloomberg)
  10. Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain (bloomberg)
  11. Odd Lots: Duolingo CEO on the Power of AI Learning (bloomberg)
  12. Apple’s Earnings Come With a Low Bar and Big Buyback Hopes (bloomberg)
  13. Number of Chinese Tourists Traveling Overseas Jumps (bloomberg)
  14. Hybrid Cars Are Surging in Popularity Over EVs. Here’s the Real Reason They’re So Popular. (barrons)
  15. The Reign of Portland, Maine, as the Top U.S. Luxury Hot Spot Continues for Third-Straight Quarter (barrons)
  16. Opinion: Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks (marketwatch)
  17. The Fed Will Be Stuck On Hold Until Something Gives (barrons)
  18. Albemarle Beats Earnings Estimates. Investors Hope for a Commodity Trough. (barrons)
  19. Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart (marketwatch)
  20. Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance (wsj)
  21. Amazon Gets More Fuel for AI Race (wsj)
  22. Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then (cnbc)
  23. Goldman Sachs still sees two rate cuts this year after Powell speech (streetinsider)
  24. Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings (ft)
  25. There are ‘very favorable signs’ inflation will come down, says Wharton’s Jeremy Siegel (cnbc)