Be in the know. 25 key reads for Wednesday…

  1. Target Stock Is Up After Earnings. Walmart Wasn’t a Tough Act to Follow After All. (Barron’s)
  2. Why states can’t go bankrupt (CNBC)
  3. Homebuilding stocks rise despite April slowdown — how to play the move (CNBC)
  4. Weekly mortgage applications point to a remarkable recovery in homebuying (CNBC)
  5. The Metropolitan Museum of Art plans to reopen in mid-August (New York Post)
  6. Thousands of sports fans who can’t gamble on their favorite teams are reportedly flocking to the stock market instead. (Business Insider)
  7. Chinese smartphone maker Xiaomi reports 13.6% rise in first-quarter revenue. (Business Insider)
  8. Lowe’s stock surges after profit, sales rise well above expectations (MarketWatch)
  9. ‘Main Street’ lending program will start at end of May, Fed officials say (MarketWatch)
  10. Here come the TALF funds (MarketWatch)
  11. For Home Builders, a Better Kind of Recession (Wall Street Journal)
  12. ‘The Joe Rogan Experience’ Launches Exclusive Partnership with Spotify (SPOT) (Street Insider)
  13. JetBlue, United Airlines take more steps to counter coronavirus spread (Street Insider)
  14. Northrop Grumman (NOC) Raises Quarterly Dividend 9.8% to $1.45; 1.8% Yield (Street Insider)
  15. 5 Dividend Aristocrat Stocks to Buy That Could Weather Another Brutal Sell-Off (24/7 Wall Street)
  16. Delta CEO to Bartiromo: No US airlines will go out of business thanks to Trump (Feox Business)
  17. Venetian Las Vegas reveals coronavirus safety measures, charity (Fox Business)
  18. U.S. bank regulator finalizes new community lending rule (Reuters)
  19. Is the U.S. on the Path to Recovery? 14 Charts to Watch. (Bloomberg)
  20. Return of Car Traffic Fuels Surge in Oil (Wall Street Journal)
  21. Did Angela Merkel Just Make a U-Turn in Her European Policy? (Bloomberg)
  22. Live Sports Will Return to TV in June, ViacomCBS Says (Barron’s)
  23. Value Stocks Look Cheaper Than Ever (Barron’s)
  24. President Trump Can Choose Which States Get Coronavirus Payback From FEMA (Wall Street Journal)
  25. At Least 30 Public Companies Say They Will Keep PPP Loans (Wall Street Journal)