Category: What I’m Reading Today

Be in the know. 10 key reads for Monday…

  1. u.S.-China pledge to stabilize deteriorating ties, resume high-level talks after Blinken visit (marketwatch)
  2. Xi, Blinken agree to stabilize US-China relations in Beijing talks (reuters)
  3. Alibaba and more: Morgan Stanley names 5 global stocks with at least 50% upside (cnbc)
  4. Intel Makes $25 Billion Israel Push As U.S.-China Chips War Intensifies (barrons)
  5. Down 15 per cent on Chinese stocks, William Blair fund manager calls a 20 per cent rally in post-stimulus re-rating (scmp)
  6. Jack Ma Reportedly Propounds Taotian Group to Return to Taobao in Future (aastocks)
  7. China Approves First Share Sale by Developer Since Ban Lifted (bloomberg)
  8. How Softbank’s Sale Increased Alibaba’s Market Cap (chinalastnight)
  9. Eli Lilly’s (LLY) migraine drug Emgality fails to meet primary endpoint in trial (streetinsider)
  10. US, China Upbeat on Ties After Blinken Visit But Few Specifics (bloomberg)
  11. Xi Tells Blinken ‘Very Good’ That Progress Made (bloomberg)
  12. Delayed Stimulus Feeds Worries Over China’s Economy (bloomberg)
  13. China and US Hit Pause on Tensions — For Now: Balance of Power (bloomberg)
  14. US Homebuilder Sentiment Increases to an Almost One-Year High (bloomberg)
  15. Josh Younger on the Surprising Origins of Eurodollars and Petrodollars (bloomberg)

Be in the know. 14 key reads for Father’s Day…

  1. Alibaba Co-Founder Jack Ma Appears at Company Event in Hangzhou (bloomberg)
  2. Inflation is under control (scottgrannis)
  3. Jump-Starting U.S.-China Diplomacy (cfr)
  4. 2023 U.S. Open Highlights: Round 3, Early (usga)
  5. Brain Waves Synchronize when People Interact (scientificamerican)
  6. The CEO of Kroger Mentioned ‘AI’ 8 Times on the Company’s Earnings Call (bloomberg)
  7. Billions Is Set to End After Seven Seasons (gq)
  8. Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading (bloomberg)
  9. Blinken Lands in China on Delayed Mission to Stabilize Ties (bloomberg)
  10. Behind Elon Musk’s Management Philosophy: First Principles (wsj)
  11. China’s Pivot on Stimulus Spurred by Fear That the Slowdown Could Get a Lot Worse (wsj)
  12. Opinion: Biotech stocks could soon get a M&A boost. Here are 3 likely takeover plays. (marketwatch)
  13. The valuable lesson Rickie Fowler learned on the range as a kid (golf)
  14. Ex-Google CEO Eric Schmidt wins Russian oligarch’s superyacht for $67.6M at auction (nypost)

Be in the know. 20 key reads for Saturday…

  1. Intel’s stock rocks best week in nearly 14 years as analyst notes a ‘material AI opportunity’ (marketwatch)
  2. Adidas Stock’s Comeback Plan: China, Messi, and No More Yeezy (barrons)
  3. Twitter to focus on video, commerce in major business revamp: report (nypost)
  4. Intel, Micron Spending Spree Shows Diplomacy Bearing Fruit (bloomberg)
  5. Chinese investors will be back once the country’s property and debt problems are resolved, Mark Mobius says (businessinsider)
  6. China plans big stimulus jolt and looser property rules as Beijing reaches for stronger measures to revive economy (businessinsider)
  7. The 10 Best Dividend Stocks (morningstar)
  8. Fed’s Goolsbee Likens Rate Pause to ‘Reconnaissance’ on Policy Impact (bloomberg)
  9. After Artificial Intelligence, Quantum Computing Could Be The Next Big Thing (investors)
  10. Micron To Invest $600MM In Chinese Factory Despite Beijing Chip Ban, Warns Half Of China HQ Customer Data Revenue At Risk (zerohedge)
  11. Solid Pre-Election June Gains As Expected (Almanac Trader)
  12. MARKET BREADTH CONTINUES TO IMPROVE — AIRLINES LEAD INDUSTRIAL SECTOR HIGHER (stockcharts)
  13. The 11 Best Steakhouses in the World, According to Michelin (robbreport)
  14. The 10 Best New Restaurants in America, Ranked (robbreport)
  15. The Best in Travel, From Six Senses’ New Swiss Resort to a Luxe Moroccan Hideaway (robbreport)
  16. The Best in Marine, From Jeff Bezos’s Epic Sailing Yacht to Hacker-Craft’s All-Electric Day Boat (robbreport)
  17. The Best in Automotive, From Ferrari’s Purosangue SUV to the Arch 1s Motorcycle (robbreport)
  18. 4-Day Weekend in the French Riviera: Rock Climbs, Cool Drives, and Underwater Art Trails (mensjournal)
  19. Celebrate Father’s Day With These Luxe International Getaways (maxim)
  20. Hedge Funds Turn Bearish on Oil Again After OPEC-Driven Pause (bloomberg)

Be in the know. 30 key reads for Friday…

  1. Xi Jinping tells Bill Gates he hopes US-China friendship will continue (reuters)
  2. Citi Predicts CN May Online Retail Sales to Grow +19%, Forecasts BABA 1FQ24 Revenue to Rise 8% (aastocks)
  3. China Plans New Spending Drive, Other Stimulus to Revive Flagging Economy (wsj)
  4. Alibaba founder Jack Ma is ‘alive’ and ‘happy,’ top exec says after China’s tech crackdown. Ma is still Alibaba’s biggest shareholder and that shows the billionaire’s commitment to the company. (cnbc)
  5. China’s Xi tells Bill Gates he’s the ‘first American friend’ he met in Beijing this year (cnbc)
  6. Cava IPO is ‘right thing at the right time’ for company: Strategist (yahoo)
  7. China plans big stimulus jolt and looser property rules as Beijing reaches for stronger measures to revive economy (businessinsider)
  8. Billionaire Ashley Sees Online Upside in Asos (bloomberg)
  9. Alibaba to launch local versions of its China e-commerce site in Europe (cnbc)
  10. Gene Editing Is Working. Wall Street Is Taking Notice. (barrons)
  11. Fed Emergency Bank Bailout Facility Usage Hits New Record High; Money Market Funds See Small Outflow (zerohedge)
  12. PayPal stock a buy: Strategist gives 3 reasons why (yahoo)
  13. Cava Had a Big Debut. It Could Be a Catalyst for IPOs. (barrons)
  14. Amazon Should Surpass Walmart as Largest U.S. Retailer, Analyst Says. It Won’t Be Easy. (barrons)
  15. Intel Plans $4.6 Billion Plant in Poland to Meet Europe Chip Demand (barrons)
  16. Here’s who will drive a China stock comeback, according to veteran investor Mark Mobius (marketwatch)
  17. Spring Spending Surge Pushes Growth Despite Rate Rises (wsj)
  18. European Central Bank Raises Rates, Signals More Hikes to Come (wsj)
  19. How Did the World’s Coolest Air Conditioner Get So Hot? (wsj)
  20. China Had Better Listen to What Blinken Has to Say (bloomberg)
  21. Steve Eisman Says His Big Bet Now Is on US Infrastructure (bloomberg)
  22. Working From Home Becomes a Once-a-Week Treat for More Office Goers (bloomberg)
  23. Fed Chair Jerome Powell says the housing market is bottoming and ‘maybe moving up a little bit’ (businessinsider)
  24. Oracle is riding the AI wave, but growth concerns remain: analyst (marketwatch)
  25. S. equity funds register biggest weekly inflow in 28 months (reuters)
  26. Investors pour into equities to ‘chase the bull’, says BofA (reuters)
  27. Chinese meal-kit company DDC Enterprise files for IPO with plans to list on NYSE (marketwatch)
  28. Blinken to fly to Beijing for high-stakes diplomacy after spy balloon saga (cnbc)
  29. Micron to invest US$600 million on China plant despite Beijing’s ban (scmp)
  30. Hong Kong stocks hit 6-week high as Beijing seen delivering more stimulus (scmp)

Be in the know. 17 key reads for Thursday…

  1. Summer Blackout Season Is Here. Buy Generac Stock. (barrons)
  2. Cooper Standard : June Investor Presentation (CPS)
  3. Alibaba, Baidu, JD.com Rise After China’s Central Bank Cuts Another Interest Rate (barrons)
  4. Asos Turnaround Shows Progress With Return to Profit (bloomberg)
  5. China Stimulus Trade Gains Momentum as Stocks, Yuan Advance (bloomberg)
  6. China’s yuan has fallen to the lowest rate since 2014 by one measure, and Beijing is OK with that for now, FX strategist says (businessinsider)
  7. Citadel’s Ken Griffin optimistic on growth in China (ft)
  8. China cuts a key policy rate for first time in 10 months (cnbc)
  9. It’s Time for Revenge Surgeries (wsj)
  10. Copper Is the Future. Freeport-McMoRan Is the Stock to Buy. (barrons)
  11. Fed Holds Rates Steady but Expects More Increases (wsj)
  12. What to Watch as Blinken Heads to China to Reset Ties (bloomberg)
  13. Talking to China Is a Necessity, Not a Choice (bloomberg)
  14. PBOC cuts one-year policy rate after lowering short-term rates (bloomberg)
  15. Microsoft’s co-founder Bill Gates will reportedly meet China’s Xi this week (cnbc)
  16. The Secretive Golf Club Finally Opening Its Doors for the U.S. Open (wsj)
  17. The Big Read. The seven companies driving the US stock market rally (ft)

Be in the know. 40 key reads for Wednesday…

  1. CN Govt Purportedly Calls Urgent Meetings with Biz Leaders & Economists on how to Reboot Econ (aastocks)
  2. Vegas Golden Knights Win the Stanley Cup (wsj)
  3. Renters Are About to Get the Upper Hand (wsj)
  4. China state planner rolls out measures to lower costs for firms (reuters)
  5. China opens a new era of ‘proactive easing’ (cnbc)
  6. Top China Diplomat Urges Blinken to Stabilize Ties in Call (bloomberg)
  7. Is a takeover on the cards for Asos? (retailgazette)
  8. ‘Crowded’ tech trade? Investors still haven’t piled into these two big names. (marketwatch)
  9. What bull market for stocks? Investors are still sitting on a record pile of cash. (marketwatch)
  10. China Convenes Urgent Meetings on Economy With Business Leaders (bloomberg)
  11. Asos becomes takeover target after details of a £1bn bid emerge (retailgazette)
  12. Frasers Group further raises Asos stake (retailgazette)
  13. Fed Meeting: ‘Hawkish Pause’ May Cap Upside For S&P 500 (investors)
  14. A Fed Skip Is in the Cards. How Jerome Powell Plays It Matters. (barrons)
  15. Tesla Stock Up After It Raises Prices. EV Demand Might Be Improving. (barrons)
  16. China’s Central Bank Moves to Shore Up Recovery (wsj)
  17. China Cuts Rates to Revive Economy. It Could Put a Floor Under Stocks. (barrons)
  18. Recession? Who cares! Deutsche Bank shares Goldman’s bullish stocks view as banks split on downturn. (marketwatch)
  19. Messi wishes fans ‘happy Dragon Boat Festival’ in Taobao Live show (scmp)
  20. The bull market has left these 20 companies behind, but they are primed for growth (marketwatch)
  21. PBOC Cut & Policy Stimulus Fuel Rally and Hope for More, Alibaba Bonus Feature (chinalastnight)
  22. ‘Watering Down’ China Chip Restrictions Sometimes Makes Sense (wsj)
  23. China’s Foreign Minister Tells Blinken It’s Up to the U.S. to Ease Tensions (wsj)
  24. The Great Inflation Scare Reaches Its Final Phase (bloomberg)
  25. Stock-Market Bulls See Room to Run (wsj)
  26. CPI Report Shows Inflation Has Been Cut in Half From Last Year’s Peak (wsj)
  27. What if the Most Powerful Way to Live Longer Is Just Exercise? (wsj)
  28. Fed Seen Sticking With Rate Pause As Wages Show Some Cooling
  29. Fed Set to Pause and Keep Option to Raise Rates in July (bloomberg)
  30. Kenya Is Poised to Become the ‘Singapore of Africa’ (bloomberg)
  31. What to Watch in China’s Economic Data Release With Rate-Cut Calls Mounting (bloomberg)
  32. The “Everything Else” Catch Up Trade Is Kicking In (zerohedge)
  33. It’s “Buy The Rumor” Time For Chinese Markets (zerohedge)
  34. Traders Position for a Fed Pause, Start Unwinding Cut Wagers (bloomberg)
  35. New York Office Occupancy Breaks (above) 50% for First Time Since Pandemic Hit (bloomberg)
  36. Here’s everything the Federal Reserve is expected to do Wednesday (cnbc)
  37. Mortgage demand surges as interest rates ease off recent highs (cnbc)
  38. PPI Plunges More Than Expected – Lowest Since Dec 2020 (zerohedge)
  39. Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’ (yahoo)
  40. China readies for stimulus (ft)

Be in the know. 20 key reads for Tuesday…

  1. China’s Central Bank Cuts Rates. How It Helps Stocks and the Global Economy. (barrons)
  2. China Weighs Broad Stimulus With Property Support (bloomberg)
  3. China Shifts to Stimulus Mode (bloomberg)
  4. China Opens The Gates To More Easing (zerohedge)
  5. New study ranks New York as America’s best city of 2023 (nypost)
  6. Inflation rose at a 4% annual rate in May, the lowest in 2 years (cnbc)
  7. China’s Top Broker Sees Earnings Relief for Hong Kong Stocks (bloomberg)
  8. Oil prices bounce after China central bank cuts key rate (marketwatch)
  9. Top 5 China Stocks To Buy And Watch: EV Giant BYD Leads 3 In Buy Zones (investors)
  10. Intel Could Be Investor in Chip Designer Arm’s Blockbuster IPO (barrons)
  11. Inflation Slowed Down Again in a Victory for the Fed (barrons)
  12. Bearish investors are chasing the rally in U.S. stocks. Here’s what that means for the market. (marketwatch)
  13. Rents Keep Rising, but More Slowly. It’s Good for Inflation. (barrons)
  14. S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China (wsj)
  15. Stock-Market Bulls See Room to Run (wsj)
  16. Moderating US Inflation Likely to Support Fed Rate Pause (bloomberg)
  17. Nobel economist Paul Krugman says inflation doesn’t need to get down to 2% and the Fed can back off because people have stopped caring (businessinsider)
  18. Tech stocks are in a ‘1995 moment’ and poised to boom on the AI revolution, Wedbush says (businessinsider)
  19. Inflation slows again, CPI shows, and might keep Fed on sidelines (marketwatch)
  20. China cuts short-term borrowing costs to support recovery (reuters)

Be in the know. 24 key reads for Monday…

  1. Goldman pushes back against bearish Morgan Stanley’s Mike Wilson with new 4,500 S&P 500 target (marketwatch)
  2. Novartis buys Chinook for $3.5 bln in race to treat rare kidney disease (reuters)
  3. S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China (wsj)
  4. Biogen rises as FDA panel backs Alzheimer’s drug, easing safety concerns (reuters)
  5. There are now 252 Chinese groups (companies) trading in the US or Hong Kong that meet the definition of a “net-net” — companies with current assets minus total liabilities greater than their market value, according to S&P Capital IQ. (ft)
  6. UBS completes Credit Suisse takeover to become wealth management behemoth (reuters)
  7. Wall Street Firms Up Bets on U.S. Consumers (wsj)
  8. Jerome Powell’s Big Problem Just Got Even More Complicated (wsj)
  9. This Company Makes Costco and Amazon’s Store Brands. Its Stock Could Climb 20%. (barrons)
  10. Rents Keep Rising, but More Slowly. It’s Good for Inflation. (barrons)
  11. Everyone’s Jumping on the AI Bandwagon—Even Campbell’s Soup (barrons)
  12. Carnival Stock Rises as Wall Street Sees ‘Zero Signs’ of Slowing Demand Momentum (barrons)
  13. The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right. (barrons)
  14. S&P 500 exits longest bear market since 1948. What stock-market history says about what happens next. (marketwatch)
  15. Smile, it’s a bull market in stocks! (yahoo)
  16. Bye bye bear… New S&P 500 bull market has legs – BofA (streetinsider)
  17. Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries (yahoo)
  18. How Hasbro Plans to Revive Its Toy Business (wsj)
  19. Rudin’s 3 Times Square in NYC lures in new tenants after $25M upgrade (nypost)
  20. India Inflation Cools Faster Than Expected to 4.25% in May (bloomberg)
  21. Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause (bloomberg)
  22. A top analyst says Apple is on the cusp of another monster sales cycle for the iPhone 15 and its share price will break more records (businessinsider)
  23. Goldman Sachs: These are the 24 best AI stocks to buy now as the technology boosts productivity and profits for decades (businessinsider)
  24. China’s Plane Shortage Is Good News For Boeing (bloomberg)

Be in the know. 10 key reads for Sunday…

  1. China’s Inflation Problem? It Has None (wsj)
  2. Google’s Generative AI Platform Is Now Available To Everyone (forbes)
  3. CEO Talk Of “Shrink” Hits Record On Earnings Calls Amid Nationwide Shoplifting Crisis (zerohedge)
  4. Wall Street’s Biggest Bear Admits Defeat: “The Bear Market Is Officially Over… New Bull Market Has Legs” (zerohedge)
  5. June’s Quad Witching Options Expiration Riddled With Volatility (almanac trader)
  6. The World’s 18 Highest-Paid Golfers 2023 (forbes)
  7. Review: The New Lamborghini Urus S Shows Why It’s Among the Best in Its Elite Class (robbreport)
  8. apple vision pro: all the details of the newest virtual & augmented reality headset (designboom)
  9. How Much Aid Has the U.S. Sent Ukraine? Here Are Six Charts. (cfr)
  10. Lights, camera, action! Why U.S. Open-host Los Angeles just may be the golfiest place in America (golf)

Be in the know. 15 key reads for Saturday…

  1. FDA Advisory Committee Votes in Favor of Biogen Alzheimer’s Drug (barrons)
  2. Opinion: Biotech stocks could soon get a M&A boost. Here are 3 likely takeover plays. (marketwatch)
  3. AI Stocks Aren’t in a Bubble. Look at the Numbers. (barrons)
  4. Why ‘Shareholder Yield’ Is Better Than Dividend Yield. Where to Find It. (barrons)
  5. Accelerated adoption of AI will drive growth in the public cloud players (barrons)
  6. Molson Coors Gets Another Bud Light-Driven Upgrade (barrons)
  7. Snowflake Stock Sees Big Buy From Director Mark D. McLaughlin (barrons)
  8. Copper Traders Are Net Long. That’s a Good Sign for the Red Metal. (barrons)
  9. Here’s the main driver of the S&P 500’s bull-market rally, according to Fundstrat’s Tom Lee (marketwatch)
  10. Vista Equity President David Breach Sees Early Signs of Relief in IPO Bottleneck (bloomberg)
  11. US Household Net Worth Climbs as Stock Rally Offsets Real Estate Drop (bloomberg)
  12. The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting (businessinsider)
  13. 10 Best Blue-Chip Stocks to Buy for the Long Term (morningstar)
  14. 5 Book Recommendations From Mohnish Pabrai (acquirersmultiple)
  15. JPMorgan CEO Jamie Dimon: The economy is still doing fine (cnbc)