Be in the know. 20 key reads for Thursday…

  1. Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China (bloomberg)
  2. Trump Softens Tone on China to Secure Xi Summit, Trade Deal (bloomberg)
  3. China’s ‘New Consumers’ Don’t Want a House. They Want Labubu and Bubble Tea. (wsj)
  4. Should China adopt a zero interest rate? (ft)
  5. Chinese automaker FAW and Alibaba launch AI lab for auto tech (techinasia)
  6. Chinese Lithium Prices and Shares Rise After Zangge Mining Halt (bloomberg)
  7. State Council Focuses Anti-Involution Campaign On EV Industry (chinalastnight)
  8. Boeing Stock Keeps Hitting New Highs. Here’s Why. (barrons)
  9. BofA Securities maintains Buy rating on Boeing stock amid delivery trends (investing)
  10. US Industrial Production Surges In June (zerohedge)
  11. Intel’s Fall Was Two Decades In the Making. Can It Turn Things Around? (barrons)
  12. US corporates expected to buoy stock markets with buy backs, says Citadel Securities (reuters)
  13. Hedge Funds Take Aim at Small Cap Stocks After Torrid Rally (bloomberg)
  14. Dollar Hedging May Push Euro to $1.30, Morgan Stanley Says (bloomberg)
  15. Trump Threatens Pharma Tariffs Soon. Why the Stocks Are Looking Healthy. (barrons)
  16. Vietnam Says Negotiators Still Working With US on Trade Deal (bloomberg)
  17. Crypto regulation bills move forward after record-setting House vote (cnbc)
  18. International Buyers Purchased $56 Billion Worth Of US Homes In 1 Year (zerohedge)
  19. PayPal partners with Anthropic to integrate payment services with Claude AI (investing)
  20. We’re going to have the most unusual Fed transition ever, says WSJ’s Nick Timiraos (youtube)