Be in the know. 34 key reads for Wednesday…

  1. Chinese stocks are back in a bull market as investors buy into the nation’s economic rebuild (businessinsider)
  2. 3M (MMM) hikes first-quarter earnings forecast amid healthcare unit spin-off (streetinsider)
  3. ‘It’s just a fantasy’: Citadel CEO Ken Griffin says AI will not replace human fund managers (marketwatch)
  4. China’s Biggest ETF Reaches $28 Billion on National Team Buying (bloomberg)
  5. 3M hires outsider Bill Brown as CEO, shares jump (foxbusiness)
  6. The last mile of inflation hits another big bump in the road (marketwatch)
  7. Illegal immigration is giving Fed more scope to let economy run hot, researchers say. (marketwatch)
  8. The Fed Has a Tricky Data Problem. The Economy Is Sending Lots of Mixed Signals. (barrons)
  9. Auto Insurance Prices Soared Last Month. Why They Finally Might Be Peaking. (barrons)
  10. For Golf Communities, It’s All About the Long Game (barrons)
  11. This New AI Chip Makes Nvidia’s H100 Look Puny in Comparison (barrons)
  12. How Safe Are Boeing Planes? A Look at the Data. (barrons)
  13. Amazon Will Now Deliver Eli Lilly Weight Loss Drug (barrons)
  14. Productivity Is Growing Fast. Don’t Give AI the Credit. (barrons)
  15. Big Stocks Aren’t the Only Play. It’s Time to Look at Smaller Ones. (barrons)
  16. Berkshire Buys More Liberty Sirius XM, Now Holds $2.6 Billion of Tracking Stock (barrons)
  17. ADM Finds ‘Material Weakness’ in Accounting Probe (barrons)
  18. Inflation Picks Up to 3.2%, Slightly Hotter Than Expected (wsj)
  19. 3M Names New CEO Amid PFAS Battles, Health Spinoff (wsj)
  20. Alibaba’s Media Arm to Invest $640 Million in Hong Kong Entertainment (wsj)
  21. Dollar Tree to Close About 1,000 Stores (wsj)
  22. How China Tried to Fix the Stock Market—and Broke the Quants (wsj)
  23. Miami’s Office Market Was Red-Hot. Now Its Tallest Planned Tower Can’t Fill Its Space. (wsj)
  24. Activist Investor Land & Buildings Urges Office Owner to Liquidate (wsj)
  25. Dodge drops the Challenger, flexes new 2024 Charger Daytona EV (usatoday)
  26. China Pledges Central Government Funds For Equipment Upgrades (bloomberg)
  27. The Fed Will Slow QT. What Matters Is Where It Stops (bloomberg)
  28. Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with activist (cnbc)
  29. EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers (cnbc)
  30. Top CFOs are as bullish on the Dow and as dovish on the Fed as they’ve been in a long time: CNBC survey (cnbc)
  31. Forget Nvidia: Billionaire Investors Are Selling It and Buying These 2 Artificial Intelligence (AI) Stocks Instead (yahoo.finance)
  32. AMD Rally Looks More Fragile Than Nvidia’s as Traders Bid Up AI (finance.yahoo)
  33. Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable (fortune)
  34. The Big Read. Shipbuilding: the new battleground in the US-China trade war (ft)

Be in the know. 25 key reads for Tuesday…

  1. 3M’s stock rises as company announces a new CEO (marketwatch)
  2. Advance Auto Parts Strikes Settlement With Dan Loeb’s Third Point (wsj)
  3. China Traders Buy Hong Kong Stocks for 19th Day, Longest in 11 Months (bloomberg)
  4. China Stocks Begin Witnessing Bull Markets in a Gamut of Sectors (bloomberg)
  5. Oracle Stock Jumps On Strong Earnings. Demand for Cloud Computing Is Surging. (barrons)
  6. Intel survived bid to halt millions in sales to China’s Huawei, sources say (reuters)
  7. China’s Exports Are Surging. Get Ready for the Global Backlash. (barrons)
  8. Illegal immigration is giving Fed more scope to let economy run hot, researchers say. (marketwatch)
  9. Inflation Picks Up to 3.2% in Unexpected Turn Higher (wsj)
  10. Core inflation, which excludes food and energy, was up 3.8% (wsj)
  11. Inside the CPI report: Gas, housing and transportation costs keep inflation elevated (marketwatch)
  12. Why BofA is bullish on U.S. consumers despite inflation and interest-rate worries (marketwatch)
  13. Alphabet is the bargain stock among the ‘Magnificent Seven’ (marketwatch)
  14. The Fed’s Bailout Program Is Ending. Bank Reserves Are Getting a Closer Look. (barrons)
  15. Boeing Stock Is Falling. Justice Department Starts Criminal Inquiry. (barrons)
  16. Doctors Can Now Edit the Genes Inside Your Body (wsj)
  17. EQT and Equitrans Midstream to Combine in Big Natural-Gas Deal (wsj)
  18. China Vanke in Debt Swap Talks With Banks to Stave Off Default (bloomberg)
  19. US Shelter Inflation Slows After Surprise Jump Caused Confusion (bloomberg)
  20. Disney paid ValueAct millions in fees before winning its support in proxy fight, activist says (cnbc)
  21. Inflation in Germany reaches a two-year low as U.K. wage growth cools (marketwatch)
  22. China has little choice but stimulus (ft)
  23. Bilibili targeting more collaboration with e-commerce advertisers like Taobao (scmp)
  24. Apple to expand applied research operations in Shanghai and Shenzhen (scmp)
  25. China Vanke claims junk-level downgrade is manageable as shares and bonds gain (scmp)

Be in the know. 21 key reads for Monday…

  1. These Beaten-Down Dividend Stocks Could Pop Soon. Watch This Week’s Inflation Report. (barrons)
  2. It Isn’t Just Big Tech Propelling Gains in the Stock Market Anymore (wsj)
  3. China’s 5% Growth Goal Bets on New Demand Drivers (bloomberg)
  4. Nikkei Plunges As Yen Soars Ahead Of BOJ Policy Change (zerohedge)
  5. Jamie Dimon and Ray Dalio Warned of an Economic Disaster That Never Came. What Now? (wsj)
  6. Citigroup CEO Jane Fraser will have to pull off the restructuring of the century to bring banking empire back to its former glory (nypost)
  7. Weight-loss drug Wegovy approved by FDA to cut heart attack, stroke risk (nypost)
  8. Best and worst moments of Oscars 2024: From a naked John Cena, ‘Barbenheimer’ and more (nypost)
  9. Oscars 2024: A Big Night for ‘Oppenheimer’ (wsj)
  10. Stock Buybacks To Top $1 Trillion In 2025, Goldman Says, Led By These Giants (investors)
  11. BofA Says Tech Stocks Post Largest Weekly Outflows on Record (bloomberg)
  12. The Stock Market’s Rapid Rise Is Making Some Analysts Nervous. An Opportunity Could Be Ahead. (barrons)
  13. Candlesticks and supernovas: This is why action in Nvidia is a worry for market gazers (marketwatch)
  14. The ‘Magnificent Seven’ stocks are actually undervalued vs. the rest of the market, JPMorgan says (marketwatch)
  15. Beware the Frothy AI Frenzy (wsj)
  16. Fed Officials to Signal Interest Rate Cuts Are Getting Closer (bloomberg)
  17. One of the Most Infamous Trades on Wall Street Is Roaring Back (bloomberg)
  18. Brazilian Growers Go Bust in Blow to $7 Billion Farm-Credit Boom (bloomberg)
  19. Why stocks don’t need Fed rate cuts to keep soaring in 2024 (businessinsider)
  20. Eighty Percent of the World’s Stock Options Aren’t Traded Where You Think (wsj)
  21. Chinese Stocks Sustain Momentum During Annual Political Event (bloomberg)