Be in the know. 20 key reads for Tuesday…

  1. Huawei, Tencent lose cloud market share as Alibaba, Baidu extend their lead, report shows (scmp)
  2. Pfizer says final data from late-stage trial of COVID-19 antiviral shows it reduces risk of hospitalization or death by 89% (marketwatch)
  3. Goldman Sachs Says 3 Aerospace and Defense Stocks May Be the Best Offense in 2022 (247wallst)
  4. Wall Street Gets Increasingly Bullish on China (bloomberg)
  5. Stocks’ Rough Patch Could End Soon. The Fed’s Next Move May Be Priced In. (barrons)
  6. The Fed Meeting Could Be D-Day for Bitcoin and Other Cryptos (barrons)
  7. How a $6 Bass Pro Shops Hat Became a Fashion Trend (wsj)
  8. Red-Hot Chip Stocks Are Cooling (bloomberg)
  9. Fund managers dash for cash ahead of Fed decision (marketwatch)
  10. Pfizer Stops 70% Omicron Hospitalizations in South Africa Study (bloomberg)
  11. Mariah Carey’s ‘Queen of Christmas’ Crown Is Worth Far More Than the Royalties (bloomberg)
  12. Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record (cnbc)
  13. Fed taper will have little impact on Asia markets, UOB strategist says (cnbc)
  14. The Fed will halt asset purchases by March and hike rates in June, CNBC survey predicts (cnbc)
  15. These are the 50 top stocks that members of Congress own (businessinsider)
  16. Opinion: Odds of being a stock market winner in 2022 are in your favor for this one big reason (marketwatch)
  17. White House scrambles to salvage $1.75tn Build Back Better bill by Christmas (ft)
  18. Patrick Drahi’s Altice raises stake in BT to 18% (ft)
  19. Fed Meeting: Stock Market Ready For Faster Taper — But Not This (investors)
  20. Goldman, Morgan Stanley Say Any Drop in Stocks Likely to Be Small (yahoo)