Be in the know. 15 key reads for Thursday…

  1. XPeng’s Earnings Have a Lot to Like. That’s Good News for Weary EV Investors. (Barron’s)
  2. Tesla Stops Accepting Bitcoin for Environmental Reasons (Barron’s)
  3. SoftBank Boosts Size of Vision Fund 2 to $30 Billion (Barron’s)
  4. The Stock Market Selloff Has Hit Everything. Why It’s Not Time to Panic. (Barron’s)
  5. Alibaba posts loss due to anti-monopoly fine but beats revenue expectations (MarketWatch)
  6. As World Runs Short of Workers, a Boost for Wages—and Inflation (Wall Street Journal)
  7. CDC Recommends Pfizer-BioNTech Covid-19 Vaccine for 12- to 15-Year-Olds (Wall Street Journal)
  8. US Producer Prices Surge Most On Record (ZeroHedge)
  9. Why Is New TV So Much Like Cable? (New York Times)
  10. Carnival Cruise Line aims for July restart from Florida and Texas, cancels other sailings through July (USA Today)
  11. Fed Lists Six Reasons in Arguing Inflation Surge Will Pass (Bloomberg)
  12. Billionaire investor Bill Ackman hopes to close his mega SPAC deal within weeks — and called his target an ‘iconic’ business (Business Insider)
  13. The current stock market sell-off is rotational rather than toppy, and a bullish backdrop supports a summer rally, according to Bank of America (Business Insider)
  14. How mRNA became a vaccine game-changer (Financial Times)
  15. Pentagon delays report on Chinese companies with military ties (Financial Times)