Be in the know. 10 key reads for Friday…

  1. Intel jumps 7% as it returns to profitability after two quarters of losses (cnbc)
  2. China Bulls Look for Redemption as Beijing Shows Policy Resolve (bloomberg)
  3. Biogen agrees to acquire Reata Pharmaceuticals for $7.3 billion in cash (marketwatch)
  4. China’s housing ministry is getting ‘bolder’ about real estate support (cnbc)
  5. The Disney Magic Will Return. It’s Time to Buy the Stock. (barrons)
  6. Drugmakers Want to Crush Medicare’s Pricing Power. They’ll Probably Succeed. (barrons)
  7. Fed Goes From Stocks’ Boogeyman to Markets’ Pal (barrons)
  8. Key US Inflation, Wage Measures Cool in Boost for Soft Landing (bloomberg)
  9. US Consumer Sentiment Rises to Highest Since 2021 as Prices Ease (bloomberg)
  10. Bank of Japan Surprise Foreshadows End to Key Anchor for Global Bond Yields (bloomberg)