Skip to content
Goldman pushes back against bearish Morgan Stanley’s Mike Wilson with new 4,500 S&P 500 target (marketwatch )
Novartis buys Chinook for $3.5 bln in race to treat rare kidney disease (reuters )
S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China (wsj )
Biogen rises as FDA panel backs Alzheimer’s drug, easing safety concerns (reuters )
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 )
UBS completes Credit Suisse takeover to become wealth management behemoth (reuters )
Wall Street Firms Up Bets on U.S. Consumers (wsj )
Jerome Powell’s Big Problem Just Got Even More Complicated (wsj )
This Company Makes Costco and Amazon’s Store Brands. Its Stock Could Climb 20%. (barrons )
Rents Keep Rising, but More Slowly. It’s Good for Inflation. (barrons )
Everyone’s Jumping on the AI Bandwagon—Even Campbell’s Soup (barrons )
Carnival Stock Rises as Wall Street Sees ‘Zero Signs’ of Slowing Demand Momentum (barrons )
The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right. (barrons )
S&P 500 exits longest bear market since 1948. What stock-market history says about what happens next. (marketwatch )
Smile, it’s a bull market in stocks! (yahoo )
Bye bye bear… New S&P 500 bull market has legs – BofA (streetinsider )
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries (yahoo )
How Hasbro Plans to Revive Its Toy Business (wsj )
Rudin’s 3 Times Square in NYC lures in new tenants after $25M upgrade (nypost )
India Inflation Cools Faster Than Expected to 4.25% in May (bloomberg )
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause (bloomberg )
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 )
Goldman Sachs: These are the 24 best AI stocks to buy now as the technology boosts productivity and profits for decades (businessinsider )
China’s Plane Shortage Is Good News For Boeing (bloomberg )
China’s Inflation Problem? It Has None (wsj )
Google’s Generative AI Platform Is Now Available To Everyone (forbes )
CEO Talk Of “Shrink” Hits Record On Earnings Calls Amid Nationwide Shoplifting Crisis (zerohedge )
Wall Street’s Biggest Bear Admits Defeat: “The Bear Market Is Officially Over… New Bull Market Has Legs” (zerohedge )
June’s Quad Witching Options Expiration Riddled With Volatility (almanac trader )
The World’s 18 Highest-Paid Golfers 2023 (forbes )
Review: The New Lamborghini Urus S Shows Why It’s Among the Best in Its Elite Class (robbreport )
apple vision pro: all the details of the newest virtual & augmented reality headset (designboom )
How Much Aid Has the U.S. Sent Ukraine? Here Are Six Charts. (cfr )
Lights, camera, action! Why U.S. Open-host Los Angeles just may be the golfiest place in America (golf )
FDA Advisory Committee Votes in Favor of Biogen Alzheimer’s Drug (barrons )
Opinion: Biotech stocks could soon get a M&A boost. Here are 3 likely takeover plays. (marketwatch )
AI Stocks Aren’t in a Bubble. Look at the Numbers. (barrons )
Why ‘Shareholder Yield’ Is Better Than Dividend Yield. Where to Find It. (barrons )
Accelerated adoption of AI will drive growth in the public cloud players (barrons )
Molson Coors Gets Another Bud Light-Driven Upgrade (barrons )
Snowflake Stock Sees Big Buy From Director Mark D. McLaughlin (barrons )
Copper Traders Are Net Long. That’s a Good Sign for the Red Metal. (barrons )
Here’s the main driver of the S&P 500’s bull-market rally, according to Fundstrat’s Tom Lee (marketwatch )
Vista Equity President David Breach Sees Early Signs of Relief in IPO Bottleneck (bloomberg )
US Household Net Worth Climbs as Stock Rally Offsets Real Estate Drop (bloomberg )
The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting (businessinsider )
10 Best Blue-Chip Stocks to Buy for the Long Term (morningstar )
5 Book Recommendations From Mohnish Pabrai (acquirersmultiple )
JPMorgan CEO Jamie Dimon: The economy is still doing fine (cnbc )
CSRC: Delisting Risk of US-listed CN Firms Subsides Hugely (aastocks )
Alibaba Cloud wins deal with coal giant in bid to woo state-owned firms (scmp )
BABA Dumps 70M SENSETIME Shrs on Mon to Pocket Over $150M (aastocks )
S&P 500 Starts a New Bull Market as Big Tech Lifts Stocks (wsj )
CSRC vice-chairman sees more foreign fund flows into A shares despite concerns (scmp )
Amazon’s stock could be a sleepy AI play, according to UBS (marketwatch )
Small-cap stocks just experienced their most explosive rally ever by this measure (marketwatch )
China Central Bank Governor Reiterates Stable Policy Stance (bloomberg )
Asos turnaround pace frustrates fast-fashion firm’s investors (sky )
Tesla Stock Leaps On GM Charging Deal. Analyst Calls Move ‘Game, Set, Match’ For Market Control. (investors )
Biogen Takes Alzheimer’s Drug to FDA Advisers (barrons )
Less Haggling, More Upselling: How EVs Will Change How You Buy a Car (wsj )
Boeing Is Rising Again as Travel Rebound Lifts Aviation Stocks (barrons )
China Stocks Mixed After Weak Inflation Data. Hopes Rise for More Stimulus. (barrons )
NYC mogul John Catsimatidis offers to buy CNN — and run it for just $1 per year (nypost )
China Deflation Risk Prompts PBOC Governor to Downplay Fears (bloomberg )
‘Buying the dip’ is making a major stock-market comeback in 2023 as strategy heads for 3rd-best year ever (marketwatch )
Used car prices drop for second straight month (foxbusiness )
Wall Street has a new favourite phrase and it’s utterly nauseating (ft )
com Beats as Chinese Travelers Pack Their Bags, Markets React to Major Policy Makers’ Speeches in Shanghai (chinalastnight )
Hedge funds lose $18bn betting against tech stock rally (ft )
China’s big banks cut deposit rates, signaling monetary easing ahead (cnbc )
China Auto Sales Jump 55% Year Over Year (zerohedge )
China’s services activity picks up in May on improved demand (reuters )
CICC Predicts CN Annual GDP Growth at Near 6%; Real Estate Investment Growth May Turn Positive (aastocks )
Google to crack down on office attendance, asks remote workers to reconsider (cnbc )
Semtech Stock Soars. It’s Not Just a Surprise Profit That’s Lifting Hopes. (barrons )
Forget the Naysayers. Why the Stock Market Can Keep Rising. (barrons )
A ‘perfect business.’ Why investors may want to follow the Saudis into golf, says this strategist. (marketwatch )
Martha Stewart says she’s opposed to remote work: ‘Should America go down the drain?’ (marketwatch )
As tech companies take over the market again, don’t forget these bargain dividend stocks (marketwatch )
S. jobless claims leap to nearly two-year high of 261,000 (marketwatch )
S. and China Prepare for Possible Blinken Visit to Beijing (wsj )
Amazon Plans Ad Tier for Prime Video Streaming Service (wsj )
A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff (nytimes )
Why the World Can’t Quit Its Addiction to Chinese Goods (bloomberg )
China’s big banks cut deposit rates, signaling monetary easing ahead (cnbc )
Warren Buffett has made predictions about crypto, table tennis, and even his own death. Here are 12 forecasts and how they’ve turned out. (businessinsider )
Investors should buy the dip as the stock market will keep climbing amid a trifecta of bearish voices, Fundstrat says (businessinsider )
China’s securities regulator touts long-term value investing to soothe investors. CSRC will also continue to encourage sales of stock-focused funds, possibly with tax breaks and favourable accounting rules as incentives. (scmp )
Political Relationship Green Shoots Lift Markets (chinalastnight )
Copper Slump Will Give Way to Record Buying Spree, Citi Says (yahoo )
China Stocks Too Cheap to Ignore for JPMorgan Asset, Invesco (bloomberg )
Blinken to visit China this month in sign of easing tensions (ft )
China Decoupling Unfeasible, Would Carry Huge Costs: Merck CEO (asiafinancial )
Top-Performing Fund Favors China Stocks as Bearish Tide Grows (bloomberg )
Lose your bias against Chinese stocks as the tide could turn with policy support in store, JPMorgan Private Bank says (scmp )
Alibaba, Tencent and Sun Hung Kai among 21 firms approved by HKEX for yuan share trading counters starting on June 19 (yahoo )
China’s stimulus could focus on its ‘dire’ property sector. Here’s what economists expect (cnbc )
Jamie Dimon Says US Is Pursuing the Right Strategy on China (bloomberg )
Blinken looks to travel to China for talks in coming weeks -US official (reuters )
Blinken Plans To Visit China In Coming Weeks, Follows “Candid” Dialogue (zerohedge )
China Rate-Cut Expectations Grow as Signs of Weak Recovery Mount (bloomberg )
Citigroup CEO Visits China as Wall Street Seeks Closer Ties (bloomberg )
China’s exports plunge by 7.5% in May (cnbc )
Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype (cnbc )
CEOs Scored Big by Buying Up These Three Stocks (barrons )
Starbucks’ China rival Luckin Coffee opens 10,000th shop (scmp )
Tech, casinos lead Hong Kong stock rally as export slump spurs stimulus bets (scmp )
Shenzhen’s central business district courts chip makers with big subsidies (scmp )
JPM Asset Mgmt Adding CN Stocks on Cheap Valuation (aastocks )
Deutsche Bank rejects fears Treasury cash build will hurt stocks (yahoo )
A First Try of Apple’s $3,500 Vision Pro Headset (nytimes )
Google Cloud partners with Mayo Clinic as it tries to expand use of generative A.I. in health care (cnbc )
Buy Ford Stock Because Americans Look Ready to Buy More Cars (barrons )
US, China Hold ‘Candid’ Talks Days After Security Forum Spat (bloomberg )
China Asks Big Banks to Cut Deposit Rates to Boost Growth (bloomberg )
This Is How Xi Jinping Can Fix China (bloomberg )
Apple Is Going Big on Pricey Goggles. Here Are 6 Key Takeaways. (barrons )
Mobileye Stock Falls on Stake Sale. Intel Finds a Way to Cash in on the AI Rally. (barrons )
With Debt-Ceiling Deal Done, House GOP Looks to Cut Taxes (wsj )
A New CEO Says Employees Can’t Work Remotely After All (wsj )
IBM CEO: AI Will Actually Create Jobs (barrons )
LIV Golf, PGA Tour Agree to Merge (wsj )
The stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says (businessinsider )
This Rally Is All About a Few Star Stocks—And Some Investors Are Worried (wsj )
World Bank Brightens View of Global Growth This Year, Downgrades 2024 (wsj )
Third Point Takes a Large Amazon Stake (institutionalinvestor )
PBOC Cuts Deposit Rates, Reserve Requirement Cuts Likely In 2nd Half (chinalastnight )
The $200 Billion Reason The Biotech Buying Spree Will Persist (investors )
Many Biotechs Have Net Assets That Top Their Market Values (barrons )
China seeks dialogue, says clash with US would be ‘unbearable disaster’ (investing )
China Stocks Rise Again Amid PMIs and Stimulus Hopes. It Bodes Well for Alibaba. (barrons )
Beauty Brands L’Oréal, Estée Lauder Sales Surge In China’s 6.18 Shopping Festival (alizila )
Alibaba Cloud’s Latest Generative AI Update Takes The Admin Out Of Business Meetings (alizila )
Morgan Stanley Expects 6% CN Econ Growth in 1H23; Momentum to Continue Until 4Q24 (aastocks )
Settlement Talks Prompt Delay Request in 3M ‘Forever Chemicals’ Trial (wsj )
How 10-BAGGERS can happen: (twitter )
Alibaba News Roundup: International Brands’ Sales Double During 6.18; Cainiao Delivers This Mid-year Shopping Festival; Foodies Make the Most of 6.18 Discounts (alizila )
DingTalk begins testing of new AI features with enterprise clients (technode )
China Says Local Debt Under Control, No Systemic Risk Seen (bloomberg )
PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street (bloomberg )
‘From the Fed’s perspective, the rise in unemployment coupled with the drop in average hourly earnings should outweigh the shock of another huge job gain’ (marketwatch )
Why the U.S. Remains Far From Recession (wsj )
Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech (wsj )
The Case for Investing in Value Stocks (wsj )
Big Banks Could Face 20% Boost to Capital Requirements (wsj )
The Man Reimagining Disney Classics for Today’s World (nytimes )
How to Use A.I. to Edit and Generate Stunning Photos (nytimes )
The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge (bloomberg )
US-China Ties Need More Than a Quick Handshake (bloomberg )
How new lithium extraction technology could help us meet electric vehicle targets (cnbc )
China may be ‘disruptive’ and fueling anxiety — but talks must continue, defense chiefs say (cnbc )
“As the (China) recovery broadens over time, the economy will enter another upward spiral with stronger demand and better confidence,” Hu said. (cnbc )
Wharton professor Jeremy Siegel says investors’ hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession (businessinsider )
Morningstar says buy these 10 cheap stocks that will generate steady cash flows well into the future (businessinsider )
Will Very Narrow Breadth Lead To Broad Equity Upside? (zerohedge )
Apple to offer vision of mixed-reality future beyond the smartphone (ft )
Alibaba, Tencent and Sun Hung Kai among 21 firms approved by HKEX for yuan share trading counters starting on June 19 (scmp )
Alibaba opens public testing for its third Tongyi Qianwen-powered AI product (technode )
DingTalk begins testing of new AI features with enterprise clients (technode )
Watch The 1,001-HP Lamborghini Revuelto Scorch Nurburgring Test Track (maxim )
Hartnett: “We Remain Bearish (And Wrong)” (zerohedge )
OPEC+ Discussing 1 Million Bpd Output Cut (zerohedge )
June Better in Pre-Election Years (AlmanacTrader )
MARKET RALLY BROADENS OUT — DOW LEADS FRIDAY RALLY — CYCLICALS HAVE A STRONG WEEK (stockcharts )
First Drive: 2023 Land Rover Defender 130 Proves Three Rows Can Be Exciting (mensjournal )
Rose Zhang? Yeah, in her pro debut, she’s LEADING an LPGA event (golf )
US-China Handshake Fails to Stem Asia’s Fear of Another Ukraine (bloomberg )
CIA chief made secret visit to China in bid to thaw relations (ft )
Musk and Dimon lead corporate charge to Beijing as ties with US fray (ft )
3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone. (barrons )
3M Is in at Least $10 Billion Forever-Chemicals Pollution Settlement (bloomberg )
Litigation risk has made 3M stock ‘uninvestible,’ analyst says (bloomberg )
5 Undervalued Semiconductor Stocks (morningstar )
The 10 Best Companies to Invest in Now (morningstar )
5 Value Stocks With Oakmark’s Bill Nygren (morningstar )
5 Book Recommendations From Ray Dalio (acquirersmultiple )
2023 Value Investing Conference | Keynote Speaker: Howard Marks (youtube )
The ‘Lone Wolf of Wall Street’ loses billions as the hunter becomes the hunted (smh )
10 Best Value Stocks to Buy for the Long Term (morningstar )
Charlie Munger on U.S-China tensions: Both sides are equally ‘guilty of being stupid’ (cnbc )
Verizon and AT&T Slump on Reports Amazon to Offer Wireless Service (barrons )
The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway. (barrons )
Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now. (barrons )
Auto Stocks Are Soaring. 1 Reason Is a Golden Cross. (barrons )
The Stock Market Throws a Party—and Everyone’s Invited (barrons )
This AI Play Is Hiding in Plain Sight. It Also Happens to Pay a Big Dividend. (barrons )
Twilio Looks Ripe for More Activists to Get on Board (barrons )
China Offers ‘All Means’ of Outreach to Resolve War in Ukraine (bloomberg )
Top US Treasury Official Meets China Ambassador as Contacts Grow (bloomberg )
China hopes to boost economy with fresh support for the property market amid signs of renewed weakness (businessinsider )
Intel Options Traders Betting On Stock Moving Higher By June Expiration (benzinga )
The Aston Martin DB12 Is The ‘World’s First Super Tourer’ (maxim )
