Be in the know. 30 key reads for Wednesday…

  1. Yellen Says She Isn’t Predicting Higher Interest Rates (Wall Street Journal)
  2. 10 Reasons to Buy Bank Stocks (Barron’s)
  3. Electric vehicles and renewables will need a dramatic rise in mineral supply, IEA warns (CNBC)
  4. Higher Taxes Won’t Squash the Biden Boom (Wall Street Journal)
  5. Vaccine Rollouts Are a Key Ingredient for Big Food (Wall Street Journal)
  6. Yellen’s Interest-Rate Comment Illustrates the Market’s Greatest Worry (Wall Street Journal)
  7. U.S. LNG Club Could Get More Exclusive (Wall Street Journal)
  8. Biden Aims to Get 70% of Adults at Least One Covid-19 Vaccine Dose by July 4 (Wall Streeet Journal)
  9. Pfizer Expects Vaccine Will Be “Durable Revenue Stream” As It Seeks Approval For Children 2 To 11 (ZeroHedge)
  10. Europe’s Vaccine Rollout Relies Heavily On Pfizer/BioNTech (ZeroHedge)
  11. Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine (New York Times)
  12. Boeing-backed start-up Wisk inks first deal to operate air taxis in the U.S. (CNBC)
  13. Washington shies away from declaration to defend Taiwan (Financial Times)
  14. Fed’s Evans says policy likely on hold for some time (Reuters)
  15. U.S. private payrolls post biggest gain in seven months in April (Reuters)
  16. Bitcoin will soon be available through hundreds of US banks in a partnership with crypto firm NYDIG, report says (Business Insider)
  17. BofA Securities Upgrades ConocoPhillips (COP) to Buy for 3 Reasons (streetinsider)
  18. Lyft Shares Rally As March Quarter Results Top Guidance (Barron’s)
  19. Hedge funds had become ‘extreme’ sellers of stocks even before Yellen’s interest-rate remarks. Here’s why. (MarketWatch)
  20. The Untold Story of How Jeff Bezos Beat the Tabloids (Bloomberg)
  21. Jessica Alba’s Honest Co. IPO valued at $1.4 billion (Fox Business)
  22. Cobalt price jump underscores reliance on metal for electric vehicle batteries (Financial Times)
  23. Krispy Kreme files for IPO (New York Post)
  24. Canada authorizes Pfizer’s COVID-19 vaccine for kids between the ages of 12 and 15 years old (MarketWatch)
  25. Foil Maker Reynolds Sees Three Rounds of Price Hikes in 2021 (Bloomberg)
  26. Fed’s Kaplan, in interview, says it’s time to open discussion on tapping brakes on central-bank support for economy (MarketWatch)
  27. Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments (MarketWatch)
  28. Suburban Homes and Retail Are the Budding New Office Hotspot (Wall Street Journal)
  29. The Man With More SPACs Than Anyone (Wall Street Journal)
  30. Jamie Dimon on Booming Economy and Finally Getting Off Zoom (Wall Street Journal)

Be in the know. 20 key reads for Tuesday…

  1. Pfizer lifts sales forecast for COVID-19 vaccine to $26 billion (Reuters)
  2. Pfizer (PFE) Tops Q1 EPS by 15c, Raises FY Guidance (StreetInsider)
  3. Pfizer plans to file for full FDA approval of Covid vaccine at the end of this month (CNBC)
  4. Clorox is still selling many more cleaning products than it was pre-pandemic (MarketWatch)
  5. Consumer Lenders Face a New Challenge: Each Other (Wall Street Journal)
  6. Starboard Value Finally Makes Its Move on Box (Barron’s)
  7. How Inflation Could Shape the Next Phase of the Stock Market (Barron’s)
  8. U.S. Stock Market Futures Mixed, With Airlines Lifted by Travel Reopening Plans in Europe (Barron’s)
  9. Apple and Epic Games Trial Has Started. What to Know. (Barron’s)
  10. Bank Stocks Continue to Gain. Why Wall Street Says the Rally Still Has Steam. (Barron’s)
  11. Why Ether is Soaring to New Highs (Barron’s)
  12. The world risks ‘running out of copper’ — and here’s how high prices may rise as the economy reopens, BofA warns (MarketWatch)
  13. The Fed Doesn’t Want to Talk Tapering Yet. Wait for Summer, Wall Street Says. (Barron’s)
  14. ‘Buy in May and go away’: Why US stocks can trade higher into the summer months, according to JPMorgan’s quant guru (Business Insider)
  15. Mohamed El-Erian says inflation is here to stay and won’t be ‘transitory’ like the Fed claims (Business Insider)
  16. Why supply-chain bottlenecks, price pressures may ease by year end (MarketWatch)
  17. OPEC Keeps Crude Production Steady Before Planned Increases (Bloomberg)
  18. UPDATE 2-ConocoPhillips profit tops as travel demand boosts oil prices (Reuters)
  19. New York, New Jersey Lift Covid-19 Capacity Limits on Businesses (Wall Street Journal)
  20. Record Share of Companies Are Beating Earnings Estimates (Wall Street Journal)

Be in the know. 15 key reads for Monday…

  1. Apple Has Two Trillion Reasons to Fight for the App Store (Wall Street Journal)
  2. Berkshire Hathaway’s Greg Abel Is Planned Successor to Buffett Abel oversees Berkshire’s big non-insurance operations. (Barron’s)
  3. Exxon Mobil Board Fight Enters Final Rounds (Barron’s)
  4. 3 Things to Know From Berkshire Hathaway’s Shareholder Meeting (Barron’s)
  5. Biden’s Plan to Spend $4.5 Trillion Without Boosting Deficits Depends on Factors Beyond His Control (Wall Street Journal)
  6. Americans Can’t Get Enough of the Stock Market (Wall Street Journal)
  7. Covid-19 Savings Stockpile Could Accelerate Economy—if Consumers Spend It (Wall Street Journal)
  8. Epic vs. Apple Trial: Tim Cook, Tim Sweeney and the Other Key Players in ‘Fortnite’ Maker’s Antitrust Lawsuit (Wall Street Journal)
  9. Workers are coming back to the office – slowly (USA Today)
  10. Verizon sells Yahoo and AOL as part of $5 billion deal (USA Today)
  11. EU Looks to Open Its Borders After a Year of Pandemic Isolation (Bloomberg)
  12. New York City Is Roaring Back to Life, One Year After Its Nadir (Bloomberg)
  13. Buffett says Berkshire is seeing ‘very substantial inflation’ and raising prices (CNBC)
  14. Treasury Secretary Janet Yellen says Americans can expect a ‘big return’ from Biden’s $4.1 trillion spending proposal (Business Insider)
  15. Intel CEO stresses more U.S. chip production, fewer stock buybacks (MarketWatch)
  16. A 10% drop or at least a pause could be looming for the S&P 500. Take shelter in these sectors, says veteran strategist (MarketWatch)
  17. Bridgewater Co-CIO: The Market Is “Very, Very Dangerous” (ZeroHedge)
  18. China stocks take lion’s share as EM flows bounce back in April –IIF (Reuters)
  19. U.S. Supreme Court refuses to revive Wells Fargo accounts scandal suit (Reuters)
  20. 9 Takeaways From Berkshire Hathaway’s Annual Shareholder Meeting (Benzinga)