Be in the know. 20 key reads for Labor Day…

  1. Alibaba’s AI Revenue Surge Triggers $50 Billion Stock Rally (bloomberg)
  2. Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip (cnbc)
  3. Alibaba rises most in 3 years on outlook for on-demand delivery and cloud business (scmp)
  4. Alibaba Takes One Small Step For E-Commerce & One Giant Leap Forward on AI + Cloud, Week in Review (chinalastnight)
  5. JPMorgan raises Alibaba stock price target to $170 on quick commerce growth (investing)
  6. Morgan Stanley raises Alibaba stock price target to $165 on cloud growth (investing)
  7. Emerging Equities Gain First Time in Five Days on Alibaba Surge (bloomberg)
  8. China Stock ETFs See First Inflows in Months Ahead of Parade (bloomberg)
  9. Hedge Funds Boost Options Bets for Yuan to Strengthen Past 7 (bloomberg)
  10. China’s August factory activity beats estimates, expanding at fastest pace in five months: private survey (cnbc)
  11. Dan Wang on China’s Breakneck Economic Growth (bloomberg)
  12. Chinese Hybrids, EVs Storm Munich in Latest European Push (bloomberg)
  13. EV Deals Are Booming Ahead of Tax-Credit Expiration (wsj)
  14. EVs Are Entering Their Model T Moment (barrons)
  15. Companies Reap Cash Savings From Trump’s New Tax Law (wsj)
  16. Is the stock-market tide turning in favor of small caps? (marketwatch)
  17. How—and Why—U.S. Capitalism Is Unlike Any Other (wsj)
  18. Data Centers That Don’t Exist Yet Are Already Haunting the Grid (wsj)
  19. Mortgage Rates Could Shrug Off a Fed Cut—but Not This One (barrons)
  20. Goldman, JPMorgan Say European Stocks Are Set for Year-End Gains (bloomberg)