Be in the know. 27 key reads for Tuesday…

  1. PayPal lifts 2024 profit forecast as spending stays resilient, margins improve (reuters)
  2. PayPal’s stock climbs as company boosts its earnings forecast (marketwatch)
  3. PayPal Earnings Pop 27% Under New Reporting Method. PayPal Stock Is Set To Break Out. (investors)
  4. PayPal’s Payment Volume Rises in Beginning of ‘Transition Year’ (bloomberg)
  5. China Factory Activity Holds Up, Signaling Recovery Has Legs (bloomberg)
  6. 3M ‘Reset’ Its Dividend. Why Its Stock Is Soaring. (barrons)
  7. BofA on China’s Recovery as Factory Activity Holds Up (bloomberg)
  8. Beijing Further Loosens Home Buying Curbs in Non-Core Areas (bloomberg)
  9. Goldman Says Funds Likely Selling Japan Stocks to Buy Hong Kong (bloomberg)
  10. China Stock Rebound Driven by Earnings Growth: JPMorgan (bloomberg)
  11. 3M’s stock surges toward a 14-month high after profit, sales beat expectations (marketwatch)
  12. China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy (bloomberg)
  13. Amazon Earnings Day Is Here. Focus On AWS, AI, and Advertising. (barrons)
  14. Amazon Can Afford a Dividend. Its Earnings Will Underscore That. (barrons)
  15. Fed to Signal It Has Stomach to Keep Rates High for Longer (WSJ)
  16. Office-Loan Defaults Near Historic Levels With Billions on the Line (wsj)
  17. The Yen’s Plunge and Dollar Devaluation (wsj)
  18. China Hints at Rate Cuts, Property-Market Support (wsj)
  19. China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy (bloomberg)
  20. McDonald’s Supersizes China Bet as Corporate America Pulls Back (wsj)
  21. Buyers Are Back in Control as Luxury Home Sellers Slash Prices (wsj)
  22. Bruins, Hurricanes, Avalanche, Canucks can clinch tonight: How to watch (usatoday)
  23. China to Hold Delayed Party Conclave On Reform in July (bloomberg)
  24. Molson Coors beats Q1 estimates on higher prices, strong demand (reuters)
  25. China’s problem is excess savings, not too much capacity (ft)
  26. Outlook ‘significantly brighter’ as Hong Kong attracts investors from US, Japan shares (scmp)
  27. Hong Kong stocks round out biggest monthly gain since January 2023 (scmp)