Be in the know. 15 key reads for Saturday…

  1. The Stock Market Barely Budged, but Don’t Let It Fool You—Earnings Season Is Going Swimmingly. “About 76% of companies in the MSCI USA Index have seen upwardly revised earnings estimates for the next year, according to Ned Davis Research. That’s the highest level in 10 months and up from a recent low of just under 60%, and it could be a sign that estimates have bottomed and are ready to rebound.” (barrons)
  2. Buy Expedia Stock. Get a Mini Airbnb for Free. (barrons)
  3. Bill Gross Scoops up Regional Bank Stocks (bloomberg)
  4. Deals Are Delayed, Not Dead, Bankers Hope (barrons)
  5. Fewer Money Managers Are Bullish on the Stock Market Now: Barron’s Poll (barrons)
  6. The Battle for the Future of the Car Is Under Way. Investors Won’t Have to Pick a Side. (barrons)
  7. Detroit Is Staging a Surprising Comeback. Tech Could Fuel the Next Stage. (barrons)
  8. Why Taiwan Semi Should Still Be a Core Holding for Tech Investors (barrons)
  9. Bank of America CEO Brian Moynihan says bank earnings this week proved the system worked (marketwatch)
  10. Delta Air Director David Taylor Buys Up Stock (barrons)
  11. Inside Barry Diller’s Plan to Stop ChatGPT From Destroying the News Business (barrons)
  12. This Couple Built an Obscure Corner of Sports Betting Into a Billion-Dollar Business (wsj)
  13. The Secret History of AI, and a Hint at What’s Next (wsj)
  14. They’re the Happiest People in America. We Called Them to Ask Why. (wsj)
  15. Pepsi’s New Diet: More Chips and Soda (wsj)