Be in the know. 17 key reads for Thursday…

  1. PayPal’s stock packs nearly 50% upside, a renewed bull says. Here’s why. (marketwatch)
  2. ‘Father of emerging markets’ Mark Mobius turns bullish on China stock as property measures restore confidence (scmp)
  3. Container throughput at China’s ports up 9 pct in January-April (cn)
  4. IMF ups China’s 2024 GDP growth forecast to 5 pct (cn)
  5. The Rise in Consumers’ Late Debt Payments Is Slowing Down (wsj)
  6. This Record Stock Market Is Riding on Questionable AI Assumptions (wsj)
  7. You Can Thank Private Equity for That Enormous Doctor’s Bill (wsj)
  8. Money Supply Rose for the First Time in More Than a Year. What That Signals for the Economy. (barrons)
  9. Warren Buffett Is a Big Fan of Shareholder Equity. 10 Companies With the Most. (barrons)
  10. The S&P 500 may be overbought, but most of its stocks are not (marketwatch)
  11. Blackstone executive says commercial real estate is bottoming (marketwatch)
  12. The South Park jinx could be coming for high-flying weight-loss stocks (businessinsider)
  13. US Pending Home Sales Plunged To Record Lows In April As Rates Rose (zerohedge)
  14. Richard Li States Strong Confidence in HK Economy (aastocks)
  15. High Interest Rates Are Working, Fed’s Williams Says (bloomberg)
  16. Fed’s Williams expects inflation to cool in the second half of the year (marketwatch)
  17. Alibaba expands AI portfolio with US$27 million start-up investment (scmp)