Be in the know. 30 key reads for Monday…

  1. The $200 Billion Reason The Biotech Buying Spree Will Persist (investors)
  2. Many Biotechs Have Net Assets That Top Their Market Values (barrons)
  3. China seeks dialogue, says clash with US would be ‘unbearable disaster’ (investing)
  4. China Stocks Rise Again Amid PMIs and Stimulus Hopes. It Bodes Well for Alibaba. (barrons)
  5. Beauty Brands L’Oréal, Estée Lauder Sales Surge In China’s 6.18 Shopping Festival (alizila)
  6. Alibaba Cloud’s Latest Generative AI Update Takes The Admin Out Of Business Meetings (alizila)
  7. Morgan Stanley Expects 6% CN Econ Growth in 1H23; Momentum to Continue Until 4Q24 (aastocks)
  8. Settlement Talks Prompt Delay Request in 3M ‘Forever Chemicals’ Trial (wsj)
  9. How 10-BAGGERS can happen: (twitter)
  10. Alibaba News Roundup: International Brands’ Sales Double During 6.18; Cainiao Delivers This Mid-year Shopping Festival; Foodies Make the Most of 6.18 Discounts (alizila)
  11. DingTalk begins testing of new AI features with enterprise clients (technode)
  12. China Says Local Debt Under Control, No Systemic Risk Seen (bloomberg)
  13. PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street (bloomberg)
  14. ‘From the Fed’s perspective, the rise in unemployment coupled with the drop in average hourly earnings should outweigh the shock of another huge job gain’ (marketwatch)
  15. Why the U.S. Remains Far From Recession (wsj)
  16. Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech (wsj)
  17. The Case for Investing in Value Stocks (wsj)
  18. Big Banks Could Face 20% Boost to Capital Requirements (wsj)
  19. The Man Reimagining Disney Classics for Today’s World (nytimes)
  20. How to Use A.I. to Edit and Generate Stunning Photos (nytimes)
  21. The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge (bloomberg)
  22. US-China Ties Need More Than a Quick Handshake (bloomberg)
  23. How new lithium extraction technology could help us meet electric vehicle targets (cnbc)
  24. China may be ‘disruptive’ and fueling anxiety — but talks must continue, defense chiefs say (cnbc)
  25. “As the (China) recovery broadens over time, the economy will enter another upward spiral with stronger demand and better confidence,” Hu said. (cnbc)
  26. Wharton professor Jeremy Siegel says investors’ hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession (businessinsider)
  27. Morningstar says buy these 10 cheap stocks that will generate steady cash flows well into the future (businessinsider)
  28. Will Very Narrow Breadth Lead To Broad Equity Upside? (zerohedge)
  29. Apple to offer vision of mixed-reality future beyond the smartphone (ft)
  30. Alibaba, Tencent and Sun Hung Kai among 21 firms approved by HKEX for yuan share trading counters starting on June 19 (scmp)

Be in the know. 10 key reads for Sunday…

  1. Alibaba opens public testing for its third Tongyi Qianwen-powered AI product (technode)
  2. DingTalk begins testing of new AI features with enterprise clients (technode)
  3. Watch The 1,001-HP Lamborghini Revuelto Scorch Nurburgring Test Track (maxim)
  4. Hartnett: “We Remain Bearish (And Wrong)” (zerohedge)
  5. OPEC+ Discussing 1 Million Bpd Output Cut (zerohedge)
  6. June Better in Pre-Election Years (AlmanacTrader)
  7. MARKET RALLY BROADENS OUT — DOW LEADS FRIDAY RALLY — CYCLICALS HAVE A STRONG WEEK (stockcharts)
  8. First Drive: 2023 Land Rover Defender 130 Proves Three Rows Can Be Exciting (mensjournal)
  9. Rose Zhang? Yeah, in her pro debut, she’s LEADING an LPGA event (golf)
  10. US-China Handshake Fails to Stem Asia’s Fear of Another Ukraine (bloomberg)

Be in the know. 25 key reads for Saturday…

  1. CIA chief made secret visit to China in bid to thaw relations (ft)
  2. Musk and Dimon lead corporate charge to Beijing as ties with US fray (ft)
  3. 3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone. (barrons)
  4. 3M Is in at Least $10 Billion Forever-Chemicals Pollution Settlement (bloomberg)
  5. Litigation risk has made 3M stock ‘uninvestible,’ analyst says (bloomberg)
  6. 5 Undervalued Semiconductor Stocks (morningstar)
  7. The 10 Best Companies to Invest in Now (morningstar)
  8. 5 Value Stocks With Oakmark’s Bill Nygren (morningstar)
  9. 5 Book Recommendations From Ray Dalio (acquirersmultiple)
  10. 2023 Value Investing Conference | Keynote Speaker: Howard Marks (youtube)
  11. The ‘Lone Wolf of Wall Street’ loses billions as the hunter becomes the hunted (smh)
  12. 10 Best Value Stocks to Buy for the Long Term (morningstar)
  13. Charlie Munger on U.S-China tensions: Both sides are equally ‘guilty of being stupid’ (cnbc)
  14. Verizon and AT&T Slump on Reports Amazon to Offer Wireless Service (barrons)
  15. The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway. (barrons)
  16. Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now. (barrons)
  17. Auto Stocks Are Soaring. 1 Reason Is a Golden Cross. (barrons)
  18. The Stock Market Throws a Party—and Everyone’s Invited (barrons)
  19. This AI Play Is Hiding in Plain Sight. It Also Happens to Pay a Big Dividend. (barrons)
  20. Twilio Looks Ripe for More Activists to Get on Board (barrons)
  21. China Offers ‘All Means’ of Outreach to Resolve War in Ukraine (bloomberg)
  22. Top US Treasury Official Meets China Ambassador as Contacts Grow (bloomberg)
  23. China hopes to boost economy with fresh support for the property market amid signs of renewed weakness (businessinsider)
  24. Intel Options Traders Betting On Stock Moving Higher By June Expiration (benzinga)
  25. The Aston Martin DB12 Is The ‘World’s First Super Tourer’ (maxim)