Be in the know. 15 key reads for Thursday…

  1. XPeng’s Earnings Have a Lot to Like. That’s Good News for Weary EV Investors. (Barron’s)
  2. Tesla Stops Accepting Bitcoin for Environmental Reasons (Barron’s)
  3. SoftBank Boosts Size of Vision Fund 2 to $30 Billion (Barron’s)
  4. The Stock Market Selloff Has Hit Everything. Why It’s Not Time to Panic. (Barron’s)
  5. Alibaba posts loss due to anti-monopoly fine but beats revenue expectations (MarketWatch)
  6. As World Runs Short of Workers, a Boost for Wages—and Inflation (Wall Street Journal)
  7. CDC Recommends Pfizer-BioNTech Covid-19 Vaccine for 12- to 15-Year-Olds (Wall Street Journal)
  8. US Producer Prices Surge Most On Record (ZeroHedge)
  9. Why Is New TV So Much Like Cable? (New York Times)
  10. Carnival Cruise Line aims for July restart from Florida and Texas, cancels other sailings through July (USA Today)
  11. Fed Lists Six Reasons in Arguing Inflation Surge Will Pass (Bloomberg)
  12. Billionaire investor Bill Ackman hopes to close his mega SPAC deal within weeks — and called his target an ‘iconic’ business (Business Insider)
  13. The current stock market sell-off is rotational rather than toppy, and a bullish backdrop supports a summer rally, according to Bank of America (Business Insider)
  14. How mRNA became a vaccine game-changer (Financial Times)
  15. Pentagon delays report on Chinese companies with military ties (Financial Times)

Be in the know. 16 key reads for Wednesday…

  1. US Core Consumer Prices Explode Higher At Fastest Pace Since 1981 (ZeroHedge)
  2. US casinos raked in $11B in first quarter to match best-ever ‘win’ (New York Post)
  3. There’s a Lot Riding On Disney+ When Disney Reports on Thursday (Barron’s)
  4. What Rising Inflation Means for the Stock Market (Barron’s)
  5. What is the Jones Act? And why might waiving it help ease gas ‘supply crunch’? (MarketWatch)
  6. IEA sees oil demand recovery outpacing growth in supply (Reuters)
  7. Toyota profit nearly doubles, beats expectations (FoxBusiness)
  8. Return of SALT deduction spicing up debate on Capitol Hill (Fox Business)
  9. Occidental Petroleum Climbing Out of Its Anadarko Hole (Wall Street Journal)
  10. Mortgage Lenders Need to Pump Up the Volume (Wall Street Journal)
  11. These ‘panic events’ could soon spell relief for stock markets, says top strategist Thomas Lee (MarketWatch)
  12. Weekly mortgage refinance demand jumped on brief drop in rates (CNBC)
  13. Billionaire investor Stanley Druckenmiller blasted the Fed, touted bitcoin over ethereum, and issued a dire warning about the dollar in a recent interview. Here are the 10 best quotes. (Business Insider)
  14. MGM Resorts’ Las Vegas Strip gaming floors can return to 100% occupancy, no social distancing (MarketWatch)
  15. Americans Up and Moved During the Pandemic. Here’s Where They Went. (Wall Street Journal)
  16. Not-So-Clean Energy Transition (Wall Street Journal)

 

Be in the know. 20 key reads for Tuesday…

  1. US military ship fires 30 warning shots at Iranian boats (New York Post)
  2. What BioNTech’s Earnings Mean for the Drug Makers (Barron’s)
  3. Netflix and 17 More Stocks Investors Are Selling That Wall Street Loves (Barron’s)
  4. Tech Stocks Are Getting Hammered. Here’s the Logic Behind the Rout (Barron’s)
  5. China’s Factory Gate Prices Jump As Commodities Rally (Barron’s)
  6. 10 Beaten-Down Stocks That Could See a Rebound (Barron’s)
  7. Tech Megacaps Face Higher Rates, Tax Hikes, Regulation, Says Goldman (Barron’s)
  8. Berkshire Hathaway’s Mystery Investor Could Soon Be Revealed (Barron’s)
  9. Roblox Stock Is Surging on After Earnings. Its CEO Sees a ‘Massive’ Opportunity. (Barron’s)
  10. Virgin Galactic Stock Is Getting Crushed After Releasing Earnings. Here’s Why. (Barron’s)
  11. Biden Defends Unemployment Benefits, Provided Workers Accept Job Offers (New York Times)
  12. Commodities boom sends bulk shipping costs to decade highs (Financial Times)
  13. Palantir’s Sales Top Estimates in the Quarter. Why the Company Sees at Least 30% Growth Through 2025. (Barron’s)
  14. Richard Branson’s Virgin Galactic flights face potential delays (Fox Business)
  15. Five Best Chinese Stocks To Buy And Watch Now (Investor’s Business Daily)
  16. Social-Media Stocks Under Pressure as Citi Cuts Ratings on Facebook and Alphabet (Barron’s)
  17. FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15 (CNBC)
  18. Stanley Druckenmiller says the Fed is endangering the dollar’s global reserve status (CNBC)
  19. Job Openings in U.S. Surge to a Record High 8.12 Million (Bloomberg)
  20. Elliott Management Has Stake in Duke Energy (Wall Street Journal)

Be in the know. 15 key reads for Monday…

  1. Billionaire investor Dan Loeb praised SPACs, revealed his winning bets, and predicted a surge in risky debt in his latest investor letter (Business Insider)
  2. Yellen’s Views on the Deficit and Rates Have Been Consistent—Even if Wrong (Barron’s)
  3. Australian business conditions hit record high (MarketWatch)
  4. Higher Prices Leave Consumers Feeling the Pinch (Wall Street Journal)
  5. Sotheby’s, Christie’s Expect to Sell $1 Billion in Art at Spring Auctions (Wall Street Journal)
  6. Economists Disagree Over How Much Covid-19 ‘Herd Immunity’ Needed for Recovery (Wall Street Journal)
  7. As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street (New York Times)
  8. Hacked Pipeline May Stay Shut for Days, Raising Concerns About Fuel Supply (New York Times)
  9. VIX Higher Than Actual Volatility Is Good News for Stock Bulls (Bloomberg)
  10. Alibaba’s Ant Group will let more users test China’s digital yuan (CNBC)
  11. This is the ‘greatest threat’ to Big Tech’s S&P 500 dominance, Goldman says (MarketWatch)
  12. BioNTech shares soar 8% in premarket as COVID-19 vaccines help revenues smash estimates (MarketWatch)
  13. Retail Participation In Stock Trading Has Collapsed (ZeroHedge)
  14. COLONIAL PIPELINE POP. The Energy Report 05/10/2021 (Phil Flynn)
  15. Will inflation thwart the US economic recovery? (Financial Times)