Be in the know. 15 key reads for Friday…

  1. Apple sales, profits exceed expectations as Chinese market brightens (New York Post)
  2. The number of oil rigs in operation worldwide plunged in April, falling 22%. (Rig Count BH)
  3. ‘Burn. It. The. F#&!. Down.’ (Institutional Investor)
  4. Gilead says it can produce ‘several million’ rounds of remdesivir coronavirus treatments next year (CNBC)
  5. The U.S. Strategizes to Stabilize Oil Prices (Barron’s)
  6. Why It’s Time to Pick Winning Stocks (Barron’s)
  7. AbbVie tops earnings estimates, sticks with 2020 guidance (MarketWatch)
  8. Oil-Tanker Rates Crash as OPEC+ Cuts Near (Bloomberg)
  9. Oil traders turn to salt caves and train cars in storage crisis (Financial Times)
  10. Taco Bell Unveils At-Home Taco Kit Ahead Of Cinco De Mayo (Benzinga)
  11. Hard-hit energy companies’ bonds rise after Fed expands loan program (Yahoo! Finance)
  12. AstraZeneca and Oxford university agree deal to develop virus vaccine (Financial Times)
  13. Bill Gates thinks there are eight to 10 promising coronavirus vaccine candidates and one could be ready in as little as nine months. Business Insider)
  14. Get out! Populous cities lose appeal amid COVID (USA Today)
  15. Boeing borrows $25 billion instead of pursuing federal bailout amid coronavirus, 737 Max crises (USA Today)

Be in the know. 20 key reads for Thursday…

  1. Showtime’s ‘Billions’ Is Back With More Financial Schemes Than Ever (Wall Street Journal)
  2. This CEO’s Formula For Building Success Is So Simple (Investor’s Business Daily)
  3. Stocks Pause After Strong Rally (Barron’s)
  4. Health Care Was Biggest Drag on GDP (Barron’s)
  5. Cash-hungry firms are turning to convertible bonds (fnLondon)
  6. Justin Amash Discloses Purchases of Disney Stock (Barron’s)
  7. You’d Be Surprised Who Can Beat Buffett and Icahn (Barron’s)
  8. China’s nonmanufacturing PMI hits 3-month high (MarketWatch)
  9. Two Mortgage REITs Are Benefiting From Fed-Backed Market (Barron’s)
  10. Elon Musk slams ‘fascist’ coronavirus lockdowns in Tesla earnings call (New York Post)
  11. Kraft Heinz Sticks With Its Dividend. Earnings Were Strong. (Barron’s)
  12. 35 Stocks to Buy if the Economy Recovers in a V-Shape (Barron’s)
  13. U.S. Explores Emergency-Use Approval for Gilead Drug After Study Found It Helped Recovery From Covid-19 (Wall Street Journal)
  14. Fed’s Powell Says More Spending Will Be Needed From Congress (Wall Street Journal)
  15. Steven Mnuchin Says U.S. Aims to Get Back Its Money From Fed Programs (Wall Street Journal)
  16. The Bad News Won’t Stop, but Markets Keep Rising (New York Times)
  17. Fed Suggests Tough Road Ahead as It Pledges to Help Insulate Economy (New York Times)
  18. Gilead CEO Says Over 50,000 Remdesivir Courses Ready to Ship (Bloomberg)
  19. Warren Buffett to Break Silence at Virtual Woodstock for Capitalists (Bloomberg)
  20. Coronavirus pushed Twitter to a record 24% growth in daily users last quarter (Business Insider)