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