Be in the know. 15 key reads for Friday…

  1. Musk Sees Inflation Easing, Citing Tesla’s Costs Coming Down (bloomberg)
  2. The Bull Market in Biotech (barrons)
  3. Kyrsten Sinema Wins Tax Changes to Democrats’ Climate Bill (wsj)
  4. GE’s Looming Breakup Means It’s Time to Buy the Stock (barrons)
  5. Meta’s first-ever corporate bond deal sees $30 billion in demand despite Zuckerberg’s gloomy warning (marketwatch)
  6. Expedia Stock Jumps on Solid Earnings. People Are Traveling. (barrons)
  7. New Buyback Tax Will Force Companies to Think Twice on How to Use Cash (barrons)
  8. Almost Half of Mortgaged Homes in US Now Considered Equity-Rich (bloomberg)
  9. Million-Dollar Ferraris, Lambos to Defy Bear Market at Pebble Beach (bloomberg)
  10. New Weight-Loss Drugs Can Fatten Drugmakers’ Profits (wsj)
  11. Alibaba-backed AI Speech moves forward with Star Market listing plan, aiming to raise US$1.5 billion in Shanghai IPO (scmp)
  12. Alibaba-backed AI Speech moves forward with Star Market listing plan, aiming to raise US$1.5 billion in Shanghai IPO (scmp)
  13. Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels (marketwatch)
  14. Speculators Exit Agricultural Markets, Intensifying Crop Selloff (wsj)
  15. ‘Bullet Train’ Review: Brad Pitt’s Rowdy Ride (wsj)