Be in the know. 30 key reads for Wednesday…

  1. Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them. (barrons)
  2. A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way (businessinsider)
  3. Alibaba opens Tongyi Qianwen model to public as new CEO embraces AI (scmp)
  4. Tesla Stock Isn’t a Buy Now, but Ford, GM Are, Says Analyst (barrons)
  5. Ford’s New F-150 Shows the Benefits of Gas, Battery, and Hybrid Power (barrons)
  6. Strike or No Strike: 5 Things to Know About the UAW’s Shawn Fain (barrons)
  7. Spicy Famed NYC meatball mecca, Rao’s, to open in Miami this fall (nypost)
  8. A Potential UAW Strike Has Created an Opportunity in Auto Parts Stocks (barrons)
  9. Apple iPhone 15 Launch Fails to Excite Investors. What Wall Street Is Saying. (barrons)
  10. Higher Interest Rates Usually Hurt Big Tech. Why They Haven’t Recently. (barrons)
  11. Inflation Accelerated in August as Gasoline Prices Jumped (wsj)
  12. Even excluding food and energy, price gains picked up (wsj)
  13. China iPhone Latest: Apple’s iPhone ‘Security Incidents’ Flagged by Government Officials (bloomberg)
  14. China says it has not banned purchase, use of foreign phone brands (reuters)
  15. UAW strike ‘seems inevitable,’ with effects on GM and Ford hinging on how long it might last (marketwatch)
  16. AP Sources: UAW may strike at small number of factories if it can’t reach deals with automakers (AP)
  17. The European owner of Westfield malls is pulling back from its aggressive plan to sell nearly all its properties and exit from the U.S. market this year, another vote of confidence for the high-end mall business. (wsj)
  18. Luxury Apartment Glut in South Florida Offers Some Price Relief (wsj)
  19. Moderna (MRNA) gains after saying it expects up to $15B in sales by 2028 from new drugs (streetinsider)
  20. The Big Read. The global race to set the rules for AI (ft)
  21. Shenzhen Welcomes Autonomous Vehicles, Rate Cuts Lead To Credit Growth (chinalastnight)
  22. Beijing Throws China’s Housing Market a Bone (wsj)
  23. Modi Wants to Make India a Chip-Making Superpower. Can He? (nytimes)
  24. Citi Plans Job Cuts as It Revamps Top Management Structure (bloomberg)
  25. Intel Rides Made-in-America Wave to Big Stock Gain (bloomberg)
  26. Here Are the Takeaways From US CPI Report for August (bloomberg)
  27. Wall Street Says CPI Not a ‘Game Changer’ for Fed (bloomberg)
  28. CNBC ProAlibaba and more: CLSA names 3 of the ‘cheapest AI plays’ worldwide (cnbc)
  29. Wharton professor Jeremy Siegel sees an ‘upward tilt’ for stocks during the rest of 2023 – and says there’s no clear sign of a recession (businessinsider)
  30. Warren Buffett and Charlie Munger’s epic success is down to 3 key things, Howard Marks says (businessinsider)

Be in the know. 25 key reads for Tuesday…

  1. Franklin Templeton CEO says China pessimism is overhyped (reuters)
  2. China Stock Traders Load Up on Leverage With New Rule Relaxation (bloomberg)
  3. Fed Is Done Raising Rates and Will Cut Them in 2024, Economists Say (bloomberg)
  4. UAW Labor Talks Offer a Ray of Hope. Ford, GM Stocks Aren’t Budging. (barrons)
  5. UAW Bends on Wage Demands as Talks Progress in Detroit (wsj)
  6. For Auto Workers, It Isn’t Just About Pay (wsj)
  7. Alibaba’s New CEO Shares His 2 Big Priorities (barrons)
  8. Apple’s Big Day Is Here. Hello, iPhone 15. (barrons)
  9. 3 Takeaways from Elon Musk’s New Biography (barrons)
  10. Small-Cap Stocks Are in the Doghouse. What Could Lift Them Out. (barrons)
  11. Disney and Charter Stocks Jump on Cable Deal. The Status Quo Is Largely Preserved. (barrons)
  12. Apple’s iPhone 15 Looks Like a Bargain. Here’s the Math. (barrons)
  13. It’s Tough to Love Bank Stocks Right Now. These 8 Offer Tasty Yields. (barrons)
  14. Beijing Throws China’s Housing Market a Bone (wsj)
  15. Big Pharma’s Battle With the Biden Administration Could Have Legs (wsj)
  16. Apple’s iPhone 15 Looks Like a Bargain. Here’s the Math. (barrons)
  17. Treasury Bills Yielding 5% Are a Big Hit With Retail Investors (bloomberg)
  18. Investors See European Stocks Rising Over Next Year, BofA Says (bloomberg)
  19. James Dolan’s $2.3 Billion Sphere Is Raising Eyebrows—in a Good Way (bloomberg)
  20. Billionaire investor Bill Gross slams Jeff Gundlach over shared ‘Bond King’ nickname: ‘To be a bond king or queen, you need a kingdom’ (businessinsider)
  21. “It is so wrong that it might actually be right” (zerohedge)
  22. Strong demand pushes Arm to close IPO order book early (ft)
  23. Why China is restricting IPOs to drive up US$9.7 trillion stock market (scmp)
  24. Alibaba’s New CEO Elevates AI to Top Priority in Revamp (bloomberg)
  25. China Sees Healthy Inflation, Alibaba Leadership Reshuffle Goes Effective (chinalastnight)