Be in the know. 15 key reads for Thursday…
- Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook (reuters)
- Chewy Stock Soars as Earnings Top Estimates (barrons)
- Tech Stocks Like Microsoft and Nvidia Could Tumble. Don’t Sweat it. (barrons)
- Alibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps (bloomberg)
- AQR: U.S. Stocks Won’t Beat International Forever (institutionalinvestor)
- US House passes debt ceiling bill in crucial step to avert historic default (ft)
- The Big Read. The big question of how small chips can get (ft)
- Alibaba and JD.com kick off this year’s June 18 festival amid company reshuffles and stronger consumer spending (scmp)
- com’s 618 Sales Event Kicks Off, Caixin Manufacturing PMI Beats Expectations (chinalastnight)
- Intel Could Find a Lifeline in Nvidia (barrons)
- This Pro Loves Bank Stocks. He Thinks Others Should, Too. (barrons)
- Fed Prepares to Skip June Rate Rise but Hike Later (wsj)
- Billionaire Arnault Plans to Visit China After Musk and Dimon (bloomberg)
- Schumer seeks to fast-track debt ceiling bill through Senate (cnbc)
- Elon Musk wrapped up his first visit to China in years. Here’s what the Tesla CEO was up to (cnbc)
“Skip or Flip” Stock Market (and Sentiment Results)…
The biggest news out on Wednesday was two FOMC members making their case for no hike in June. This language and timing is no accident. After 500bps of 10 consecutive hikes the effective Fed Funds rate is at 5.08%: Continue reading ““Skip or Flip” Stock Market (and Sentiment Results)…”
Communication Services Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Communication Services Sector ETF (XLC). Continue reading “Communication Services Earnings Estimates/Revisions”
Technology Earnings Estimates/Revisions
In the spreadsheet above I have tracked the earnings estimates for the Technology Sector ETF (XLK) top 30 weighted stocks. Continue reading “Technology Earnings Estimates/Revisions”
Where is money flowing today?
Be in the know. 11 key reads for Wednesday…
- Can Intel Compete With Taiwan Semi? Nvidia CEO Says Test Chips ‘Look Good.’ (barrons)
- Intel (INTC) could build Nvidia’s (NVDA) future GPUs, CEO Huang hints again (streetinsider)
- China Woos Dimon, Musk as Pressure Builds on Xi to Boost Economy (bloomberg)
- A Cheaper Way to Bet on AI Than Investing in Nvidia (wsj)
- Baidu Is Setting Up a Venture-Capital Fund to Back Chinese AI: Report (barrons)
- China, U.S. Are Creating Market Uncertainty. Elon Musk and Jamie Dimon Speak Out. (barrons)
- Beijing Says Musk Opposes Decoupling of U.S., China (wsj)
- To Work Fewer Hours, They Put AI on the Job (wsj)
- Stanford Golf Star Rose Zhang Is Ready for Her Professional Debut (nytimes)
- Commodity Crash Signals Disinflation Is Taking Hold for Now (bloomberg)
- Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner (bloomberg)
Where is money flowing today?
Hedge Fund Tips (PCN) – Position Completion Notification
Tom Hayes – Quoted in Reuters article – 5/30/2023

Thanks to Akash Sriram and Samrhitha Arunasalam for including me in their article on Reuters this morning. You can find it here:


