Be in the know. 25 key reads for Wednesday…

  1. Alibaba Stock Looks Poised for a Rally. Why China Trade Tensions Could Be a Catalyst. (barrons)
  2. Companies slash borrowing costs on $400bn of US junk loans (ft)
  3. Goldman Sachs bullish on China shareholder returns (streetinsider)
  4. Why should investors consider Disney? (foxbusiness)
  5. China’s Li Urges Stronger Employment Support for Graduates (bloomberg)
  6. Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March (bloomberg)
  7. Beijing Becomes Last Mega China City to Ease Housing Rules (bloomberg)
  8. FedEx Scores an Upgrade After Strong Earnings, ‘Surprising’ Freight Decision (barrons)
  9. Fast-Food Chains Jacked Up Their Prices. Now They’re Trying to Win You Back With Value Menus. (barrons)
  10. The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround (wsj)
  11. Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite. (wsj)
  12. ‘It’s All Happening Again.’ The Supply Chain Is Under Strain. (nytimes)
  13. The Man Who Waited Forever to Hold the Stanley Cup (wsj)
  14. This U.S. Team Has No Michael Phelps. Can Its Dominance in the Pool Survive? (wsj)
  15. Radical Technology Aims to Rev Up Oceans’ Power to Cool the World (wsj)
  16. Americans Chasing High Interest Rates Risk Falling Into a ‘Cash Trap’ (wsj)
  17. Yen Slides to Weakest Since 1986, Raising Risk of Intervention (bloomberg)
  18. BofA Bets Big on Steady Revenues From Transactional FX Business (bloomberg)
  19. Wall Street Banks Accelerate Buybacks Ahead of Fed Stress Tests (bloomberg)
  20. YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe (cnbc)
  21. Waymo opens its driverless taxi service to all in San Francisco (marketwatch)
  22. Nvidia’s rebound from its correction only makes the stock more dangerous to buy (marketwatch)
  23. Carnival Cruise Line’s stock soars after company swings to a profit (marketwatch)
  24. Whirlpool Shares Surge 18% Amid Bosch Takeover Rumors (zerohedge)
  25. How the UK election could make or break the pound’s run (reuters)