Be in the know. 15 key reads for Friday…

  1. What Bank Turmoil? Insiders Are Scooping Up Bank Stocks. (barrons)
  2. Intel CEO Pat Gelsinger Buys Up Stock After Earnings (barrons)
  3. Apple’s Earnings Were All About the iPhone (barrons)
  4. Why Powell Thinks the Federal Reserve Can Tame Inflation Without Recession (barrons)
  5. Block’s Revenue Grew 26%, Driven by Cash App (barrons)
  6. Why a tumbling 2-year Treasury yield may signal Fed ‘policy mistake’ (marketwatch)
  7. ‘Taking out the hike that just happened’: Traders ignore Powell and begin pricing in a Fed rate cut as soon as June (marketwatch)
  8. Royal Caribbean Stock Surges. Consumers Are Still Spending on Cruises. (barrons)
  9. ChatGPT Will Disrupt Many Jobs. These Are the Most at Risk. (barrons)
  10. U.S. Trade With World Rose in March on Energy, Auto Shipments (wsj)
  11. Billionaire Stephen Ross Bets on New Offices, Sees Havoc for Old Towers (bloomberg)
  12. Consumers in China are paying to dine at nicer restaurants (cnbc)
  13. Chinese insurance stocks back in favour after best first-quarter result in five years (scmp)
  14. Ping An, Baidu, Tencent push Hong Kong stocks to best week since March on US rate-cut bets amid bank crisis (scmp)
  15. The market is wrong and this will be the last rate hike, says Fmr. Fed Vice Chair Quarles (cnbc)