Be in the know. 13 key reads for Friday…

  1. Alibaba wins Beijing’s approval in end to years-long scrutiny (finance.yahoo)
  2. IBM Cloud to offer Intel’s Gaudi 3 AI chips next year (techcrunch)
  3. Intel Weighs Options Including Foundry Split to Stem Losses (finance.yahoo)
  4. Yuan Hits Strongest in Over a Year as Flows Offset Fundamentals (bloomberg)
  5. Disney CEO Bob Iger says he’s ‘obsessed’ with finding his replacement. The clock is ticking. (finance.yahoo)
  6. China PBOC Starts Bond Trading After Warning of Market Stampede (bloomberg)
  7. Dell Stock Rises on Strong Earnings. AI Server Demand Is Booming. (barrons)
  8. Lululemon’s diagnosis of its current woes? Not enough ‘newness.’ (marketwatch)
  9. ‘The Claman Countdown’ panelists Scott Bauer and Thomas Hayes react to Nvidia beating estimates. (foxbusiness)
  10. Yen’s Rapid Advance Pressures Earnings Once Thought Easy to Beat (bloomberg)
  11. Chinese central bank’s $56bn debt purchase sparks talk of bond market intervention (ft)
  12. China’s internet users near 1.1 billion, driven by short videos and mobile payments (scmp)
  13. How golfing — and putting in particular — can be applied to investing, according to one strategist (marketwatch)

 

Be in the know. 17 key reads for Thursday…

  1. Tool Up for Lower Rates With Stanley Black & Decker (wsj)
  2. “Nguyen said that rivals, such as Intel, could “chip away” at Nvidia’s market share” (bbc)
  3. Nvidia Tumbles After Disappointing Forecast, Blackwell Snags (bloomberg)
  4. Nvidia’s earnings report shows the problem of being priced for perfection (cnbc)
  5. Nvidia CEO Jensen Huang Sold $580 Million of Stock. How Much More He Can Sell. (barrons)
  6. NVIDIA Earnings: Here’s What You Need to Know (247wallstreet)
  7. Friday’s PCE inflation report: Here’s how financial markets may react (marketwatch)
  8. Retail investors are bullish on stocks ahead of the Fed’s rate cut next month (marketwatch)
  9. Retail investors loaded up on Nvidia ahead of the microchip maker’s poorly received results. (marketwatch)
  10. This $100 Million Tournament Gives Scottie Scheffler a Head Start. It Also Gives Him Fits. (wsj)
  11. Canada Goose, Known for Heavyweight Parkas, Leans Into T-Shirts and Shorts (wsj)
  12. AI Is Learning to Predict the Weather (wsj)
  13. Bosses Are Finding Ways to Pay Workers Less (wsj)
  14. California lawmakers pass controversial AI bill opposed by most of tech industry (nypost)
  15. Layoffs remain low as first-time jobless claims decline (marketwatch)
  16. China’s international use of renminbi surges to record highs (ft)
  17. Alibaba announced its conversion to a Hong Kong and New York dual primary listing, paving the way for a September inclusion in the Southbound Stock Connect. (chinalastnight)

Be in the know. 11 key reads for Wednesday…

  1. Alibaba’s Connect Membership May Be a Boon for Overseas Stocks (bloomberg)
  2. Fed’s annual Jackson Hole conference confirmed a regime change: Thomas Hayes (Fox Business)
  3. Hayes points to seasonality factors at play as the next few months could see heightened volatility (^VIX) ahead of the election. (Yahoo! Finance)
  4. New Boeing CEO’s engineer background ‘helpful’ to turnaround (Yahoo! Finance)
  5. Protests in China on the Rise Amid Housing Crisis (bloomberg)
  6. Warren Buffett’s Berkshire Hathaway Is Selling Bank of America Stock Again (barrons)
  7. Chewy Stock Rises. Earnings Jump After Customers Spend More on Pets. (barrons)
  8. Food Is Getting Cheaper. The ‘Price Gouging’ Fight Has Nothing to Do with It. (barrons)
  9. Can a Closed Nuclear Power Plant From the ’70s Be Brought Back to Life? (wsj)
  10. US Mortgage Rates Drop Again to Lowest Level Since April 2023 (bloomberg)
  11. Reliance, Disney India’s $8.5 Billion Merger Wins Antitrust Nod (bloomberg)