Be in the know. 25 key reads for Thursday…

  1. Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO (bloomberg)
  2. Small Banks Lose to Big Banks as Deposits Shift (wsj)
  3. Alibaba May Cede Control of Some Units in Split-Up Plan. Probably Not These Two. (barrons)
  4. Intel Stock Surges as New Chips to Be Ready Sooner. What Analysts Say. (barrons)
  5. Breaking Up, for Alibaba and a Playlist. Plus, CRE (bloomberg)
  6. Spain inflation falls more than expected to 3.3% in March (reuters)
  7. After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants (cnbc)
  8. Carl Icahn Wants to Bring Illumina’s Old CEO Back (wsj) The first wave of deposit outflows is nearly over. A second wave has already started, this strategist says. (marketwatch)
  9. Banks were worth owning before the SVB collapse. Now they’re cheap and M&A is coming, say these strategists. (marketwatch)
  10. Too Good to Be True? Unusual Citigroup Preferred Issue Yields 10%. (barrons)
  11. Macy’s, Doordash, and Other Stocks That Could Be Buyout Candidates When M&A Returns (barrons)
  12. Jobless claims rise to three-week high of 198,000, but layoffs still extremely low (marketwatch)
  13. Zoetis Stock Could Rise 30% as People Spend More on Pets (barrons)
  14. Don’t Expect the Housing Market to Crash. A Slow Rebound Is Coming, Our Roundtable Pros Say. (barrons)
  15. JD.com Shares Soar on Plan to List Two Units in Hong Kong (bloomberg)
  16. China’s Premier Li Qiang seeks to rally Asia behind Beijing (cnbc)
  17. Google reshuffles virtual assistant unit with focus on Bard A.I. technology (cnbc)
  18. Alibaba tells investors its overhaul will make the business more ‘agile’ with market changes (cnbc)
  19. US stocks could end this year 14% higher because banking turmoil will trigger a Fed pause, veteran investor Ed Yardeni says (businessinsider)
  20. Janet Yellen Says Bank Deregulation May Have Gone Too Far (bloomberg)
  21. China’s Big Banks See Profit Gains (bloomberg)
  22. Goldman: “Zero Bulls Out There” (zerohedge)
  23. Intel (INTC) rally continues as analysts reflect positively on Server update (streetinsider)
  24. Alibaba to turn into an ‘asset and capital operator’ after overhaul, CEO says (scmp)
  25. Premier Li’s Improving Economic Outlook & PetroChina’s EXtraordinary Results (chinalastnight)