Be in the know. 22 key reads for Wednesday…

  1. FDA Expected to Authorize Pfizer and Merck Covid Pills This Week (bloomberg)
  2. Why do Italians watch Trading Places on Christmas Eve? (wantedinrome)
  3. Rite Aid Stock Soars After Upbeat Forecast. The Chain Is Shrinking. (barrons)
  4. Holiday Travel Demand Remains Strong. It Looks Immune to Omicron. (barrons)
  5. The $100,000 Nine-Month Cruise: Royal Caribbean Is Betting on ‘Revenge Travel’ (barrons)
  6. Delta Air Lines Urges CDC to Cut Isolation Time for Breakthrough Covid Cases (barrons)
  7. Intel’s $9 Billion Sale of Memory Unit Approved by Chinese Regulator (barrons)
  8. South African medical experts say drop in new cases may mean omicron surge has passed (marketwatch)
  9. Biden Still Hopes to Strike ‘Build Back Better’ Deal With Manchin (wsj)
  10. Five Big Tech Stocks Are Driving Markets. That Worries Some Investors. (wsj)
  11. US may reduce CDC’s 10-day COVID isolation for the vaxxed, Fauci says (nypost)
  12. Omicron Has 80% Lower Risk of Hospitalization, New Study Shows (bloomberg)
  13. Jim Cramer: Micron practically carried ‘the whole market on its back’ Tuesday after its strong quarter (cnbc)
  14. Next for the metaverse: convincing you it’s not just for kids (cnbc)
  15. These stocks significantly off their highs look relatively cheap and ready to rally, traders say (cnbc)
  16. 3 reasons why the S&P 500 is set to rise at least 11% in 2022, according to Fundstrat’s Tom Lee (businessinsider)
  17. China’s Tech-Investment Paradox (wsj)
  18. Cruise Industry Keeps Calm and Sails On (wsj)
  19. The 5 Highest-Yielding ‘Strong Buy’ Dow Stocks Are Outstanding 2022 Ideas (247wallst)
  20. Hong Kong’s Year as the Worst Stock Market in Four Charts (yahoo)
  21. Apache Log4j bug: China’s industry ministry suspends support from Alibaba Cloud for six months for not reporting flaw to government first (scmp)
  22. Ships carrying natural gas head for Europe as prices surge to new high (ft)