Be in the know. 16 key reads for Tuesday…

  1. Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says (bloomberg)
  2. Debt Ceiling: Biden and Congress Leaders Meet. What’s at Stake. (barrons)
  3. Regional Banks Look Safe. Dividend Seekers, Don’t Run. (barrons)
  4. It’s Time to Buy Regional and Community Banks, Says Hedge Fund Pro (barrons)
  5. Prepare for an Expensive Summer Travel Season. These Stocks Should Benefit. (barrons)
  6. These Are Wall Street’s Most Hated Stocks. Why You Should Love Them. (barrons)
  7. Yellen warns debt-ceiling breach would have ‘adverse impact’ on U.S. dollar’s status (marketwatch)
  8. Tipping at Self-Checkout Has Customers Crying ‘Emotional Blackmail’ (wsj)
  9. Lowered margin growth expectations push PayPal shares lower despite Q1 beat (streetinsider)
  10. ChatGPT Fever Has Investors Pouring Billions Into AI Startups, No Business Plan Required (wsj)
  11. Banks have tightened lending criteria after Silicon Valley Bank crisis (usatoday)
  12. Alibaba’s Global Online Commerce Arm Weighs a US IPO (bloomberg)
  13. Amazon offers shoppers $10 to pick up purchases as it targets delivery costs (reuters)
  14. Column: China’s imports of major commodities lose steam in April (reuters)
  15. Baxter (BAX) sells BioPharma to Advent and Warburg for $4.25 billion in cash (streetinsider)
  16. Stress Builds as Office Building Owners and Lenders Haggle Over Debt (nytimes)