Be in the know. 10 key reads for Monday…

  1. u.S.-China pledge to stabilize deteriorating ties, resume high-level talks after Blinken visit (marketwatch)
  2. Xi, Blinken agree to stabilize US-China relations in Beijing talks (reuters)
  3. Alibaba and more: Morgan Stanley names 5 global stocks with at least 50% upside (cnbc)
  4. Intel Makes $25 Billion Israel Push As U.S.-China Chips War Intensifies (barrons)
  5. Down 15 per cent on Chinese stocks, William Blair fund manager calls a 20 per cent rally in post-stimulus re-rating (scmp)
  6. Jack Ma Reportedly Propounds Taotian Group to Return to Taobao in Future (aastocks)
  7. China Approves First Share Sale by Developer Since Ban Lifted (bloomberg)
  8. How Softbank’s Sale Increased Alibaba’s Market Cap (chinalastnight)
  9. Eli Lilly’s (LLY) migraine drug Emgality fails to meet primary endpoint in trial (streetinsider)
  10. US, China Upbeat on Ties After Blinken Visit But Few Specifics (bloomberg)
  11. Xi Tells Blinken ‘Very Good’ That Progress Made (bloomberg)
  12. Delayed Stimulus Feeds Worries Over China’s Economy (bloomberg)
  13. China and US Hit Pause on Tensions — For Now: Balance of Power (bloomberg)
  14. US Homebuilder Sentiment Increases to an Almost One-Year High (bloomberg)
  15. Josh Younger on the Surprising Origins of Eurodollars and Petrodollars (bloomberg)

Be in the know. 14 key reads for Father’s Day…

  1. Alibaba Co-Founder Jack Ma Appears at Company Event in Hangzhou (bloomberg)
  2. Inflation is under control (scottgrannis)
  3. Jump-Starting U.S.-China Diplomacy (cfr)
  4. 2023 U.S. Open Highlights: Round 3, Early (usga)
  5. Brain Waves Synchronize when People Interact (scientificamerican)
  6. The CEO of Kroger Mentioned ‘AI’ 8 Times on the Company’s Earnings Call (bloomberg)
  7. Billions Is Set to End After Seven Seasons (gq)
  8. Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading (bloomberg)
  9. Blinken Lands in China on Delayed Mission to Stabilize Ties (bloomberg)
  10. Behind Elon Musk’s Management Philosophy: First Principles (wsj)
  11. China’s Pivot on Stimulus Spurred by Fear That the Slowdown Could Get a Lot Worse (wsj)
  12. Opinion: Biotech stocks could soon get a M&A boost. Here are 3 likely takeover plays. (marketwatch)
  13. The valuable lesson Rickie Fowler learned on the range as a kid (golf)
  14. Ex-Google CEO Eric Schmidt wins Russian oligarch’s superyacht for $67.6M at auction (nypost)

Be in the know. 20 key reads for Saturday…

  1. Intel’s stock rocks best week in nearly 14 years as analyst notes a ‘material AI opportunity’ (marketwatch)
  2. Adidas Stock’s Comeback Plan: China, Messi, and No More Yeezy (barrons)
  3. Twitter to focus on video, commerce in major business revamp: report (nypost)
  4. Intel, Micron Spending Spree Shows Diplomacy Bearing Fruit (bloomberg)
  5. Chinese investors will be back once the country’s property and debt problems are resolved, Mark Mobius says (businessinsider)
  6. China plans big stimulus jolt and looser property rules as Beijing reaches for stronger measures to revive economy (businessinsider)
  7. The 10 Best Dividend Stocks (morningstar)
  8. Fed’s Goolsbee Likens Rate Pause to ‘Reconnaissance’ on Policy Impact (bloomberg)
  9. After Artificial Intelligence, Quantum Computing Could Be The Next Big Thing (investors)
  10. Micron To Invest $600MM In Chinese Factory Despite Beijing Chip Ban, Warns Half Of China HQ Customer Data Revenue At Risk (zerohedge)
  11. Solid Pre-Election June Gains As Expected (Almanac Trader)
  12. MARKET BREADTH CONTINUES TO IMPROVE — AIRLINES LEAD INDUSTRIAL SECTOR HIGHER (stockcharts)
  13. The 11 Best Steakhouses in the World, According to Michelin (robbreport)
  14. The 10 Best New Restaurants in America, Ranked (robbreport)
  15. The Best in Travel, From Six Senses’ New Swiss Resort to a Luxe Moroccan Hideaway (robbreport)
  16. The Best in Marine, From Jeff Bezos’s Epic Sailing Yacht to Hacker-Craft’s All-Electric Day Boat (robbreport)
  17. The Best in Automotive, From Ferrari’s Purosangue SUV to the Arch 1s Motorcycle (robbreport)
  18. 4-Day Weekend in the French Riviera: Rock Climbs, Cool Drives, and Underwater Art Trails (mensjournal)
  19. Celebrate Father’s Day With These Luxe International Getaways (maxim)
  20. Hedge Funds Turn Bearish on Oil Again After OPEC-Driven Pause (bloomberg)

Be in the know. 30 key reads for Friday…

  1. Xi Jinping tells Bill Gates he hopes US-China friendship will continue (reuters)
  2. Citi Predicts CN May Online Retail Sales to Grow +19%, Forecasts BABA 1FQ24 Revenue to Rise 8% (aastocks)
  3. China Plans New Spending Drive, Other Stimulus to Revive Flagging Economy (wsj)
  4. Alibaba founder Jack Ma is ‘alive’ and ‘happy,’ top exec says after China’s tech crackdown. Ma is still Alibaba’s biggest shareholder and that shows the billionaire’s commitment to the company. (cnbc)
  5. China’s Xi tells Bill Gates he’s the ‘first American friend’ he met in Beijing this year (cnbc)
  6. Cava IPO is ‘right thing at the right time’ for company: Strategist (yahoo)
  7. China plans big stimulus jolt and looser property rules as Beijing reaches for stronger measures to revive economy (businessinsider)
  8. Billionaire Ashley Sees Online Upside in Asos (bloomberg)
  9. Alibaba to launch local versions of its China e-commerce site in Europe (cnbc)
  10. Gene Editing Is Working. Wall Street Is Taking Notice. (barrons)
  11. Fed Emergency Bank Bailout Facility Usage Hits New Record High; Money Market Funds See Small Outflow (zerohedge)
  12. PayPal stock a buy: Strategist gives 3 reasons why (yahoo)
  13. Cava Had a Big Debut. It Could Be a Catalyst for IPOs. (barrons)
  14. Amazon Should Surpass Walmart as Largest U.S. Retailer, Analyst Says. It Won’t Be Easy. (barrons)
  15. Intel Plans $4.6 Billion Plant in Poland to Meet Europe Chip Demand (barrons)
  16. Here’s who will drive a China stock comeback, according to veteran investor Mark Mobius (marketwatch)
  17. Spring Spending Surge Pushes Growth Despite Rate Rises (wsj)
  18. European Central Bank Raises Rates, Signals More Hikes to Come (wsj)
  19. How Did the World’s Coolest Air Conditioner Get So Hot? (wsj)
  20. China Had Better Listen to What Blinken Has to Say (bloomberg)
  21. Steve Eisman Says His Big Bet Now Is on US Infrastructure (bloomberg)
  22. Working From Home Becomes a Once-a-Week Treat for More Office Goers (bloomberg)
  23. Fed Chair Jerome Powell says the housing market is bottoming and ‘maybe moving up a little bit’ (businessinsider)
  24. Oracle is riding the AI wave, but growth concerns remain: analyst (marketwatch)
  25. S. equity funds register biggest weekly inflow in 28 months (reuters)
  26. Investors pour into equities to ‘chase the bull’, says BofA (reuters)
  27. Chinese meal-kit company DDC Enterprise files for IPO with plans to list on NYSE (marketwatch)
  28. Blinken to fly to Beijing for high-stakes diplomacy after spy balloon saga (cnbc)
  29. Micron to invest US$600 million on China plant despite Beijing’s ban (scmp)
  30. Hong Kong stocks hit 6-week high as Beijing seen delivering more stimulus (scmp)