Be in the know. 27 key reads for Tuesday…

  1. Biotechs Mirror Tech Stock Slump (thestreet)
  2. China’s top mutual funds welcome unlimited investments as their star managers expect to strike gold in declining market (scmp)
  3. Pfizer to Acquire Biohaven Pharmaceutical for $11.6 Billion (bloomberg)
  4. Futures Soar After Report David Tepper Covers Nasdaq, Treasury Short (zerohedge)
  5. Stocks Bounce Off Bottom After Worst 3-Day Stretch Since 2020 (barrons)
  6. Uber’s CEO Bought Company Stock on the Dip (barrons)
  7. 10 Beaten-Up Stocks That Look Like Opportunities (barrons)
  8. Andy Warhol’s ‘Shot Sage Blue Marilyn’ Sets a Record, Selling for $195 Million (barrons)
  9. Norwegian Cruise Earnings Revealed a Wider-Than Expected Loss. Why the Stock Is Rising. (barrons)
  10. 10-year Treasury yield falls toward 3% (marketwatch)
  11. Li Auto Beats Sales and Earnings Estimates. It’s a Relief and the Stock Is Rising. (barrons)
  12. XPO Logistics Beat Estimates, Raised Guidance. Investors Needed the Good News. (barrons)
  13. Longer-Term Inflation Expectations Rose in April, Says New York Fed (wsj)
  14. Goldman’s Oppenheimer Sees Value in $11 Trillion Stock Rout (bloomberg)
  15. Mötley Crüe Rides Hulu and Netflix Shows to Summer Concert Boom (bloomberg)
  16. Inflation Is So Bad Democrats Want Biden to ‘Do More’ for Midterms (bloomberg)
  17. NFL’s Tom Brady to Be Analyst at Fox Sports When Career Ends (bloomberg)
  18. How to Speed Up the Rollout of Small Nuclear Power Plants (bloomberg)
  19. Energizer (ENR) Shares Surge After Earnings, Analyst Says Beat Driven by ‘Robust’ Sales (streetinsider)
  20. Here’s the case for buying Netflix’s stock now (marketwatch)
  21. Goldman’s Hatzius calls peak inflation as firm trims core forecast (marketwatch)
  22. Here are three signs that inflation is cooling off (marketwatch)
  23. Fed’s Barkin says ‘Volcker-like recession’ unnecessary to bring inflation down (marketwatch)
  24. Fed can cool inflation this year and economic growth will continue, Williams says (marketwatch)
  25. Stocks are nosediving, but Goldman Sachs says buying these 17 companies that are pouring cash into buybacks could help investors outperform as a comeback gets underway (businessinsider)
  26. GE and Boeing Stock Trades Might Be Signs of Market Capitulation (yahoo)
  27. The Big Read. Powering electric cars: the race to mine lithium in America’s backyard (ft)