Be in the know. 20 key reads for Friday…

  1. USA – Automotive Sales Volume, 2024 (marketlines)
  2. S Added 303,000 Jobs in March, Surging Past Estimates (bloomberg)
  3. Chinese fintech Ant Group targets global growth after Jack Ma’s exit (ft)
  4. Services PMI Beats, Biden & Xi Discuss The San Francisco Vision (chinalastnight)
  5. Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management (Norges Bank)
  6. Disney to crack down on password-sharing after CEO Bob Iger wins board fight (nypost)
  7. Europe’s Biggest Asset Manager Is Looking to Buy Dips After Missing Out on Stocks Rally (bloomberg)
  8. Fixing Boeing’s Broken Culture Starts With a New Plane (bloomberg)
  9. Four Seasons’ New Yacht Cruises Come With Record-High Price Tags (bloomberg)
  10. Fed on Track to Cut in June, Morgan Stanley’s Zentner Says (bloomberg)
  11. Biden Tells Netanyahu US Support Hinges on Protecting Civilians (bloomberg)
  12. Earnings Season Is Coming. What Markets Need Now. (barrons)
  13. Nvidia’s stall means the momentum trade has lost its mojo. (marketwatch)
  14. Yellen Is Back in China. What She Could Actually Accomplish. (barrons)
  15. Intel expects to be the world’s second-largest contract chip producer by 2030, trailing only TSMC. (barrons)
  16. Stocks Drop After Fed Officials Cast Doubt on Rate Cuts (wsj)
  17. The Underrated iPhone App That Makes Everyday Tasks Easier (wsj)
  18. Fed’s Kashkari raises prospect of zero rate cuts — but Goldman says that would be ‘very surprising’ (cnbc)
  19. Ford to “Re-Time” New EV Production, Expand Hybrid Production (mishtalk)
  20. The Big Read. Will Xi’s manufacturing plan be enough to rescue China’s economy? (ft)

Be in the know. 15 key reads for Thursday…

  1. Ford U.S. EV Sales Almost Doubled In Q1 2024 To Over 20,000 (insideEVs)
  2. Disney defeats activist investor Nelson Peltz in proxy fight (finance.yahoo)
  3. Hunt for Disney CEO Bob Iger’s successor kicks into high gear (reuters)
  4. Google considers charging for AI-powered search in big change to business model (ft)
  5. Powell says Fed’s inflation fight is ‘not done’ (ft)
  6. Alibaba steps up stock buy-back in Hong Kong, New York to boost returns (scmp)
  7. Dollar dips, yen steady after inching near 152 level (streetinsider)
  8. Apple Explores Home Robotics as Potential ‘Next Big Thing’ (bloomberg)
  9. BOJ Is Likely to Wait Until Fall on Next Hike, Ex-Board Member Says (bloomberg)
  10. Citigroup Sees ‘Exciting Market’ for Japan Bonds After BOJ Move (bloomberg)
  11. Why stocks will stay under pressure until tax day on April 15 (businessinsider)
  12. The stock market could face a near-term correction of as much as 12% before continuing its bull rally this summer, BofA says (businessinsider)
  13. Google Is More Resilient Than Its AI Stumbles Imply (wsj)
  14. The Jobs Numbers Aren’t Adding Up. Immigration Helps Explain Why. (wsj)
  15. Why the Stock Market Has Dropped—and What to Do Now (barrons)

Be in the know. 14 key reads for Wednesday…

  1. ‘Everyone hates the market’: Ray Dalio says time is right to buy Chinese stocks (scmp)
  2. UK FTSE 100 Eyes Record-High Close for First Time in a Year (bloomberg)
  3. Persistent Inflation Demands a Slow Approach to Rate Cuts, Cleveland Fed’s Mester Says (barrons)
  4. Traders flock to weather derivatives amid climate fears (fnlondon)
  5. Daly says there’s ‘no urgency’ for the Fed to cut U.S. interest rates (marketwatch)
  6. GM’s new-car prices to remain under pressure, and incentives will continue to rise, analyst says (marketwatch)
  7. Opinion: Intel can beat AMD and Qualcomm in the race to put AI on your PC — except for this problem (marketwatch)
  8. TSMC Evacuates Production Lines After Major Taiwan Quake (bloomberg)
  9. Disney versus Nelson Peltz vote hinges on Vanguard, State Street, institutional investors (cnbc)
  10. Billionaire investor Ray Dalio explains why he’s still investing in China despite a ‘100-year storm’ looming (businessinsider) He says the best time to buy Chinese stocks is when they’re cheap and “everyone hates the market.”
  11. Is China’s Economy Finally Bottoming Out? (wsj)
  12. Alibaba Repurchased $4.8 Billion of Shares in March Quarter (wsj) Alibaba said it has $31.9 billion available as of March 31 under its buyback program, through the next three fiscal years ending March 2027.
  13. Dollar dips while jawboning supports yen (streetinsider)
  14. Alibaba Joins Tencent’s Buyback Bonanza (chinalastnight)