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)

Be in the know. 22 key reads for Tuesday…

  1. Value Managers Fight Back (Institutional Investor)
  2. Southwest says bookings outpace cancellations in May (Reuters)
  3. 4 Energy Stocks to Buy Now as Massive Oil Rally Continues (24/7 Wall Street)
  4. TikTok nabs Disney’s streaming boss to be its new CEO (CNBC)
  5. Some signs children may not transmit COVID-19, two UK epidemiologists say (Reuters)
  6. The U.S. Space Force Is Starting to Launch Rockets. These Stocks Should Benefit. (Barron’s)
  7. Regions Financial funds 37,000 PPP loans totaling $4.7B (TheFly)
  8. Walmart earnings soar as e-commerce sales jump, shoppers flock to stores (CNBC)
  9. Home Depot (HD) Misses Q1 EPS by 18c, Revenues Beat; Suspending FY20 Guidance, ‘Sales Were Strong at End of 1Q’ (StreetInsider)
  10. JPMorgan hands out $30 billion in loans to small businesses: memo (StreetInsider)
  11. U.S. housing starts drop more than expected (Reuters)
  12. Kohl’s online sales surge amid lockdown, reopens about half of its stores (StreetInsider)
  13. 47% of people will visit restaurants ‘as soon as they reopen:’ Piper Sandler (Yahoo! Finance)
  14. Covid Patients Testing Positive After Recovery Aren’t Infectious, Study Shows (Bloomberg)
  15. Loaded With Cash, Real Estate Buyers Wait for Sellers to Crack (Bloomberg)
  16. Kudlow to Bartiromo: Why Beijing won’t sell US debt despite coronavirus feud (FoxBusiness)
  17. 3 factors why this economic bounceback won’t mirror 2008: Commerce Secretary Wilbur Ross (FoxBusiness)
  18. Olive Garden parent plans to reopen more than 65% of dining rooms by end of May (CNBC)
  19. Liability protections are top GOP priority in next coronavirus bill, McCarthy says (CNBC)
  20. The Auto Market Is Improving Faster Than Expected (Barron’s)
  21. President Trump says he is taking hydroxychloroquine (Reuters)
  22. Fed Chair Powell’s Comments Spark Rally in Bank Stocks Barron’s)