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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 )
Chinese Stocks in US Rally on Sign That Policy Support May Come (bloomberg )
BABA’s Cainiao Global Stocking Vol. Spikes 4x YoY for 618 Shopping Craze (aastocks )
Buy Hang Seng, sell AI, says BofA’s Hartnett (streetinsider )
China Mulls New Property Support Package to Boost Economy (bloomberg )
Payrolls Soar By 339K, Blowing Away Highest Estimate, Even As People Employed Tumble By 310K Sending Unemployment Rate Higher (zerohedge )
China Property Bailout Rumors Send Global Markets Higher (zerohedge )
Senate Approves Deal Raising Debt Ceiling, Averting U.S. Default (wsj )
Hong Kong equities rally driven by internet stocks (ft )
Tencent, Alibaba surge as China stimulus bets fan best stock gain in 3 months (scmp )
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook (reuters )
Chewy Stock Soars as Earnings Top Estimates (barrons )
Tech Stocks Like Microsoft and Nvidia Could Tumble. Don’t Sweat it. (barrons )
Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps (bloomberg )
AQR: U.S. Stocks Won’t Beat International Forever (institutionalinvestor )
US House passes debt ceiling bill in crucial step to avert historic default (ft )
The Big Read. The big question of how small chips can get (ft )
Alibaba and JD.com kick off this year’s June 18 festival amid company reshuffles and stronger consumer spending (scmp )
com’s 618 Sales Event Kicks Off, Caixin Manufacturing PMI Beats Expectations (chinalastnight )
Intel Could Find a Lifeline in Nvidia (barrons )
This Pro Loves Bank Stocks. He Thinks Others Should, Too. (barrons )
Fed Prepares to Skip June Rate Rise but Hike Later (wsj )
Billionaire Arnault Plans to Visit China After Musk and Dimon (bloomberg )
Schumer seeks to fast-track debt ceiling bill through Senate (cnbc )
Elon Musk wrapped up his first visit to China in years. Here’s what the Tesla CEO was up to (cnbc )
Can Intel Compete With Taiwan Semi? Nvidia CEO Says Test Chips ‘Look Good.’ (barrons )
Intel (INTC) could build Nvidia’s (NVDA) future GPUs, CEO Huang hints again (streetinsider )
China Woos Dimon, Musk as Pressure Builds on Xi to Boost Economy (bloomberg )
A Cheaper Way to Bet on AI Than Investing in Nvidia (wsj )
Baidu Is Setting Up a Venture-Capital Fund to Back Chinese AI: Report (barrons )
China, U.S. Are Creating Market Uncertainty. Elon Musk and Jamie Dimon Speak Out. (barrons )
Beijing Says Musk Opposes Decoupling of U.S., China (wsj )
To Work Fewer Hours, They Put AI on the Job (wsj )
Stanford Golf Star Rose Zhang Is Ready for Her Professional Debut (nytimes )
Commodity Crash Signals Disinflation Is Taking Hold for Now (bloomberg )
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner (bloomberg )
Alibaba Stake Boosted: Hedge Fund Titans Go Shopping While Asia Peers Bow Out (yahoo )
The US dollar is overbought and could weaken to recent lows as the next Fed meeting looms, strategist says (businessinsider )
PayPal (PYPL) stock pops as Mizuho says pricing concerns ‘largely overblown’, buy on weakness (streetinsider )
Markets are sounding alarms on China’s economy, but an analyst says Wall Street is missing the big picture (businessinsider )
China calls for ‘stable’ ties with US in meeting with Elon Musk (ft )
China’s disappointing rebound could bring in more stimulus, economists say (cnbc )
What’s in the debt limit bill? Key provisions in the Biden-McCarthy deal to avert default (cnbc )
‘Succession’ Star Matthew Macfadyen on Shiv’s Motivations and Tom’s Future: ‘It’s Just Another Move in a Corporate Nightmare’ (variety )
From McDonald’s to Morgan Stanley, UBS says these stocks are favorably positioned for AI. (marketwatch )
Buy Ford Stock, Says Analyst. The Gap Is an Opportunity. (barrons )
Intel inside? Chinese firm Powerleader’s ‘home-grown’ chip suspected of being a rebadged microprocessor from US giant, test results show (scmp )
LLMs like ChatGPT can perform data analysis at a fraction of the human cost with comparable performance: study (scmp )
This Big Tech Company Is the Latest to Double Down in the AI Race (fool )
Citigroup: cheap or hopeless? (ft )
Gelsinger has said he is confident Intel can deliver on his pledge to achieve five advances in chip technology within four years, and that it will be making the most advanced processors in the world within the next couple of years. (wsj )
Student Loan Payments Restart Sooner in Debt-Limit Deal (bloomberg )
New York’s Best Days Are Ahead, Lazard’s Ray McGuire Says (bloomberg )
Succession Finale: Billionaire Family’s Dramatic Ending Leaves Lingering Questions (bloomberg )
Fast Fashion’s Curious Comeback (wsj )
Goldman Sachs: Buy these 51 beaten-down stocks that will outperform if the US avoids a recession (businessinsider )
Alibaba forges new pact to deepen collaboration with northern China’s Tianjin in AI, cloud computing and big data initiatives (yahoo )
China’s Big Tech platforms provided lifeline for youth amid record unemployment (scmp )
3 Top Bargain Stocks Ready for a Bull Run (fool )
Turkish stocks rise, lira hits fresh record low after Erdogan wins re-election (marketwatch )
The AI Boom Runs on Chips, but It Can’t Get Enough (wsj )
Biden, McCarthy Voice Confidence Debt Deal Will Pass in Time (bloomberg )
Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets (bloomberg )
‘It’s not a bubble yet’: Wharton’s Jeremy Siegel predicts Big Tech boom fueled by A.I. (cnbc )
AI means everyone can now be a programmer, Nvidia chief says (reuters )
Pinduoduo Crushes Analyst Expectations, Week in Review (chinalastnight )
White House, Republicans Reach Deal to Avert US Default (bloomberg )
Why UK Value Stocks Are Still the Trade of the Decade (bloomberg )
5 Very Well Known Buy-Rated Stocks Under $10 Could Explode Higher This Summer (247wallst )
‘Rich People Don’t Use Napkin Rings’: How ‘Succession,’ ‘Billions’ and Other Helipad Dramas Get the Details Just Right (robbreport )
New Photos Suggest the Tesla Cybertruck’s Interior Is as Minimalist as the Exterior (robbreport )
What Needs to Happen for the Renminbi to Seriously Compete With the Dollar (bloomberg )
It’s a 2% growth world (scottgrannis )
Alibaba Options Traders Bet On Stock Jumping This Much By July Expiration (benzinga )
Amazon May Catch Up on the AI Stock Surge, Analysts Say (barrons )
What Costco’s Baskets Reveal About Consumer Finances (wsj )
Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s biggest shareholder (cnbc )
New LBO Playbook Emerges at Goldman Leveraged Finance Conference (bloomberg )
GM Chief Financial Officer Paul Jacobson Scoops Up Shares (barrons )
Drugmakers Released a Ton of New Cancer Treatment Data. The Biggest Developments. (barrons )
The Nasdaq Has Been Crushing The Dow. Can It Last? (barrons )
The Market Shrugs off Doomsday Scenarios. It Just Might Be Right. (barrons )
Biden Says a Deal Over Debt Ceiling Is ‘Very Close’ (wsj )
US debt ceiling deadline pushed back as talks continue (ft )
AI Is Becoming the Stock Market’s Answer to Everything (bloomberg )
Golfing and Boating Defy the Covid Boom and Bust (bloomberg )
Ford’s EV charging deal with Tesla puts pressure on GM, other rival automakers (cnbc )
Consumer Reports ranks buy now, pay later apps: Which came out on top? (usatoday )
7 Undervalued Biotech Stocks (morningstar )
Our Ultimate Stock-Pickers’ Top 10 High-Conviction and New-Money Purchases (morningstar )
Commerce Secretary Gina Raimondo and her Chinese counterpart held a pivotal meeting on U.S.-China ties. “Both sides described the meeting in positive terms and noted the importance of keeping communication channels open.” (wsj )
‘Candid talks’: China and US trade officials vow to step up communication to manage tensions (scmp )
China, Once Pioneer of Zero Covid, Shrugs Off Looming Wave. “Restaurants, train stations, concert venues and soccer stadiums are teeming.” (wsj )
Why Disney’s ‘inevitable’ move to stand-alone ESPN streaming service would bring ‘little risk, ample reward’ (marketwatch )
Dollar set for third week of gains as US debt talks loom large (streetinsider )
Fade The Rally, The Dollar’s Destiny Is Lower (zerohedge )
Moderna says looking for opportunities in China after registering legal entity (reuters )
Global money market funds attract heavy inflows as US debt ceiling looms (reuters )
Shanghai gears up for post-Covid tourism boom as Disneyland raises ticket prices (scmp )
Baidu will ‘very soon’ officially launch generative AI model, says CEO (yahoo )
This Week in China: Nothing Is Good Enough for Impatient Market (bloomberg )
It Has Been an Ugly Year for Estée Lauder Stock. Better Times Are Coming. (barrons )
Ford EVs Can Use Tesla’s Supercharger Network (barrons )
Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why. (barrons )
The real reason sunshine makes you happy: The benefits of vitamin D may surprise you (marketwatch )
This Is What The Debt Ceiling Deal Will Look Like And Why It May Be Announced As Soon As Friday (zerohedge )
China, Pushing Ukraine Cease-Fire, Gets Cool Reception in Europe (wsj )
Chip Companies, Wary of Break With China, Seek Looser Limits on Federal Cash Companies warn that regulations undermine U.S. attempt to revive semiconductor industry (wsj )
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner (bloomberg )
Disney still has plans to spend billions in Florida despite its battle with DeSantis (cnbc )
A Cheaper Way to Bet on AI Than Investing in Nvidia (wsj )
Fitch Warns on U.S. Rating (barrons )
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy (bloomberg )
It Has Been an Ugly Year for Estée Lauder Stock. Better Times Are Coming. (barrons )
Ford Stock Is Upgraded. (barrons )
Debt-Ceiling Fight Comes Down to Spending: Freeze or Cut? (wsj )
Invesco QQQ ETF jumps toward 13-month high, as Nvidia shares soar toward best gain in 7 years (marketwatch )
Microsoft’s Nadella: AI is taking the computer age from ‘the bicycle to the steam engine’ (marketwatch )
‘There is no other China, there is only one China’: Nvidia CEO warns of ‘enormous damage’ if China chip war escalates. (marketwatch )
U.S. and China See Fragile Opportunity to Repair Ties (wsj )
Fed Officials Were Divided Over June Rate Pause. Several policy makers thought further hikes ‘may not be necessary’ (wsj )
Half-Empty a Year Ago, Cruises Are Now Packed Like Sardines (wsj )
Share Buybacks Continue at Torrid Pace While Investors Sit on Sidelines (wsj )
America’s Math Coach Is Teaching Fifth-Graders to Outsmart AI (wsj )
Reid Hoffman Is on a Mission: To Show A.I. Can Improve Humanity (nytimes )
“Selling The Rips”: Retail Investors Capitulate Just As Stocks Break Out To New 2023 Highs (zerohedge )
China Equity Rout Deepens as Traders Rush to Sell Before Holiday (yahoo )
Meituan & NetEase Beat, Debt Ceiling, US Dollar Weigh On Risk Assets (chinalastnight )
