Be in the know. 17 key reads for Wednesday…

  1. China’s Xi announces another infrastructure push as Covid drags on (cnbc)
  2. China’s central bank steps in to slow the rapidly weakening yuan (cnbc)
  3. PBOC & State Council Lift Internet and Consumption Plays (chinalastnight)
  4. Microsoft Rises on Cloud Growth, Alphabet Tumbles on a YouTube Miss (barrons)
  5. Amazon earnings preview: Analysts anticipate Prime Day will take place in Q3 (marketwatch)
  6. Apple’s Huge Buyback Will Need to Come With Blowout Earnings (bloomberg)
  7. Meta Platforms’ Earnings Are Today. Watch the Ad Picture. (barrons)
  8. The Exodus From Bond Funds Is Creating Bargains (barrons)
  9. Alphabet Earnings Disappoint. (barrons)
  10. Paying Dividends: Gap, Foot Locker, Other Cheap Mid-Caps Offer Yields Around 5% (barrons)
  11. Germany Slashes Growth Forecast on Spillover From Ukraine War (bloomberg)
  12. Boeing posts loss as it grapples with delays on commercial and defense programs (cnbc)
  13. The bond market has crashed. Why one strategist says embrace the pain and get back in. (marketwatch)
  14. These 21 large-cap stocks have now crashed at least 50% (marketwatch)
  15. Hong Kong’s New Travel Easing Leaves Business Still Wanting More (bloomberg)
  16. Visa (V) Shares Soar as Rapid Travel Recovery Fuels Strong Beat, Analyst Says There’s a Lot to Like (streetinsider)
  17. China’s top chip maker SMIC has two-thirds of Shanghai workers sleeping in factory as lockdown threatens semiconductor supply chain (scmp)