Be in the know. 27 key reads for Thursday…

  1. Michael Burry Adds to China Big Tech Wager as Stock Rout Deepens (bloomberg)
  2. Hong Kong stocks rebound as funds bank on Beijing for stronger market support (scmp)
  3. Can America Turn a Productivity Boomlet Into a Boom? (nytimes)
  4. Japan is no longer the world’s third-largest economy as it slips into recession (cnbc)
  5. Alibaba’s research division, unveiled three ground-breaking processors rooted in the open-source RISC-V architecture. The Xuantie (玄铁) C920, Xuantie C907, and Xuantie R910 processors promise to accelerate application of RISC-V technology into diverse sectors, from autonomous vehicles and artificial intelligence (AI) to enterprise hard drives and network communications (Mydrivers News, November 24). (jamestown)
  6. Bet on battered IPOs, small caps and retail as rally broadens out (marketwatch)
  7. Retail Sales Slow. Cold Weather and Rates Hurt Spending Appetite. (barrons)
  8. Nvidia’s Earnings Pose a Risk. Protect Your Gains. (barrons)
  9. China Used to Be the World’s Best Growth Story. Now It’s a Value Play. (barrons)
  10. Immigration Wave Delivers Economic Windfall. But There’s a Catch. (wsj)
  11. Warren Buffett’s Berkshire Hathaway Trims Its Massive Stake in Apple (wsj)
  12. Crown Castle Co-Founder Seeks Board Seats at Big Wireless-Tower Owner (wsj)
  13. Even With Fewer Rate Cuts, You Should Still Buy Bonds (wsj)
  14. China Revives Socialist Ideas to Fix Its Real-Estate Crisis: Under that (the previous) program, the central bank provided low-cost funds to state-owned banks, which then made loans to developers to purchase land from cities and townships and then build more housing units. Those local governments, in turn, doled out cash subsidies to families dislocated from slum-clearance efforts so they could purchase the new units on the open market. The initiative helped restore demand for real estate but led to more construction (wsj)
  15. He Spent Millions Collecting the Rarest Sneakers and Cars on Earth. Now He’s Over it. (wsj)
  16. 16 Best Winter Coats and Jackets That Will Elevate Your Wardrobe (wsj)
  17. Nelson Peltz slams Disney’s investment plans as throwing ‘spaghetti against the wall’ (nypost)
  18. Google Rolls Out Updated AI Model Capable of Handling Longer Text, Video (bloomberg)
  19. China Chip Stocks Look Like Long-Term Winners to Wall Street (bloomberg)
  20. The Best Restaurant in the Middle East and North Africa Is Orafali Bros. in Dubai (bloomberg)
  21. The richest man you’ve never heard of isn’t sure what to do with his billions (businessinsider)
  22. Dunkin’ tracksuits inspired by the chain’s Super Bowl ad with Ben Affleck sold out wicked fast (businessinsider)
  23. As investors flee China, options traders pile into longshot bets pegged to rebound hopes (businessinsider)
  24. This Stock Market Indicator Has Been 100% Accurate Since 1957. It Signals a Big Move in the S&P 500 in 2024. (fool)
  25. Here’s when you will know the stock market has peaked, according to Fundstrat (businessinsider)
  26. JPMorgan and State Street quit climate action group (ft)
  27. The big opportunity in emerging market debt (ft)