Be in the know. 26 key reads for Tuesday…

  1. Tencent and Alibaba Upgraded as J.P. Morgan Turns Positive (barrons)
  2. Shanghai reaches milestone, keeping community infections at zero (scmp)
  3. com Revenue Grows 18% Despite China Lockdowns (barrons)
  4. JPMorgan’s ‘Uninvestable’ Call on China Was Published in Error (bloomberg)
  5. JPMorgan quant guru Marko Kolanovic: “To position for the potential rally in stocks, Kolanvoic recommends investors own emerging market stocks and stay overweight China.” (businessinsider)
  6. Home Depot Raises 2022 Guidance on Record Sales (barrons)
  7. S. Retail Sales Rise in April Despite Persistent Inflation (barrons)
  8. Dow Futures Rise, Alibaba Surges, China’s Lockdowns Ease—and What Else Is Happening in the Stock Market Today (barrons)
  9. Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter, Bought Citigroup (barrons)
  10. AMD’s Stock Pullback and PC Share Gains Make It a Buy, Analyst Says (barrons)
  11. Home Depot Raises 2022 Guidance After Record First-Quarter Sales (barrons)
  12. United Airlines Stock Rises as Revenue Outlook Boosted Amid Higher Demand (barrons)
  13. People Are Buying Growth Stocks. That Could Bolster Share Prices. (barrons)
  14. Goldman Cuts U.S. GDP Forecasts (barrons)
  15. Take-Two Earnings Lift the Stock. People Are Still Playing More Videogames. (barrons)
  16. Biden Administration Targets Housing Supply Shortage with Affordable Housing Plan (wsj)
  17. Warren Buffett Spends Big as Stock Market Sells Off (wsj)
  18. China Competitiveness Bill Faces Hurdles as Time Runs Short (wsj)
  19. ‘Good move’ Musk praises Netflix for telling staffers to quit if offended by content (nypost)
  20. Longtime Elon Musk backer says Twitter deal will close at lower price (nypost)
  21. China Offers Property-Buying Perks to Families With Three Kids (bloomberg)
  22. MORGAN STANLEY: These 10 COVID-beneficiary stocks are trading at a ‘meaningful discount’ and are well-positioned to outperform long-term even though investors are ditching pandemic darlings (businessinsider)
  23. Intel (INTC) Shareholders Reject Pay Package for Top Executives (streetinsider)
  24. 15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors (marketwatch)
  25. Bank of America Clients Hoard Cash at Highest Level in Two Decades (bloomberg)
  26. Uber pivots offerings amid post-pandemic shift (foxbusiness)