Be in the know. 17 key reads for Friday…

  1. Nvidia CEO Cashes in on Rally With $169 Million Share Sale (bloomberg)
  2. ‘Signs of life’ in China’s markets as reforms boost confidence, forum told (scmp)
  3. China’s PBOC Readies Multibillion-Yuan Pool of Bonds to Sell by Tapping Major Banks (bloomberg)
  4. Elon Musk predicts Bill Gates will be ‘obliterated’ for shorting Tesla stock (nypost)
  5. These Are the 19 Best Restaurants in Dubai Right Now, Says Michelin (bloomberg)
  6. GDP malaise? Why U.S. second-quarter growth will be weak again. (marketwatch)
  7. A financial markets ‘mystery’: The Japanese yen’s slide is upending a once-reliable relationship (marketwatch)
  8. Airline Stock Relief as July Fourth Weekend Set to Break Travel Records (barrons)
  9. Travel Is the American Way—Even When It’s Pricey (barrons)
  10. Tony Blair’s Party Is on the Cusp of a Huge Election Win. What it Means for Markets. (barrons)
  11. These Are the Best U.S. National Parks—and They’re Not Even That Crowded (wsj)
  12. Aston Martin, in Celebration of Its 110th Birthday, Leans into Its Past for Its New $2 Million Valour (barrons)
  13. Nvidia to make $12bn from AI chips in China this year despite US controls (ft)
  14. China stays committed to opening-up to promote reform, development and innovation (cn)
  15. The unemployment rate unexpectedly climbed to 4.1%, tied for the highest level since October 2021 and providing a conflicting sign for Federal Reserve officials weighing their next move on monetary policy. The forecast had been for the jobless rate to hold steady at 4%. (cnbc)
  16. Treasury Yields Sink as Jobs Bolster Fed-Cut Bets: Markets Wrap (bloomberg)
  17. Goldman Sachs upgrades UK growth forecast after huge Labour election win (cnbc)