Be in the know. 16 key reads for Tuesday…

  1. China’s Alibaba beats quarterly revenue estimates (up 7% yoy),  profit drops primarily due to valuation changes from equity investments (reuters)
  2. Alibaba sees most profitable year since 2021 amid a refocus on e-commerce, AI businesses and rising competition at home (scmp)
  3. Alibaba sees AI traction.  “During the quarter, our core public cloud offerings, which include products such as elastic compute, database and AI products, recorded double-digit year-over-year growth in revenue,” Alibaba said.  Alibaba’s board of directors has approved a dividend consisting of two parts. This includes an annual cash dividend of $1.00 per ADS and a “one-time extraordinary cash dividend” of 66 cents per ADS. (marketwatch)
  4. BofA Strategist Hartnett Warns Stock Rally Is Exposed to Stagflation Risk (bloomberg)
  5. BofA’s Moynihan Talks US Economy, Lending and M&A (bloomberg)
  6. BABA-SW (09988.HK) Expects to Finish Conversion to Dual Primary Listing in HK by End-Aug 2024 (aastocks)
  7. Alphabet to spotlight AI innovations at developer conference (reuters)
  8. The Fed Depends on Data but Numbers Are Getting Shakier. That’s a Problem. (barrons)
  9. Berkshire Hathaway’s Mystery Stock Purchase Could Be Revealed on Wednesday (barrons)
  10. Wholesale inflation surges again, PPI shows. Takeaway: Inflation remains sticky. (marketwatch)
  11. Money managers are more bullish than at any point since November 2021, survey shows (marketwatch)
  12. Temu Cools on the U.S. After Shelling Out Billions (wsj)
  13. What’s on TV? For Many Americans, It’s Now YouTube (wsj)
  14. Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data (wsj)
  15. The UK Is No Longer the Most Hated Market (bloomberg)
  16. Israel’s Once-Dominant Drugmaker Is Revived by Innovation (wsj)

 

Be in the know. 30 key reads for Monday…

  1. China fires starting gun on $140bn debt sale to boost economy (ft)
  2. How Alibaba is leading the evolution of online luxury shopping (scmp)
  3. 1 Growth Stock Down 75% to Buy Right Now (fool)
  4. China to Start $138 Billion Bond Sale on Friday to Boost Economy (bloomberg)
  5. Japan Will Likely Restart World’s Biggest Nuclear Plant This Year, BNEF Says (bloomberg)
  6. Temu Cools on the U.S. After Shelling Out Billions (wsj)
  7. Japan on track to normalise monetary policy, says ruling party heavyweight (reuters)
  8. China Takes Advantage of Cheap Gas and Coal to Rebuild Stocks (bloomberg)
  9. Intel Nears Deal With Apollo for $11 Billion Ireland Partnership (wsj)
  10. 3 Reasons to Buy GXO Logistics Stock Now (fool)
  11. Wall Street Turns Up the Heat on Companies to Perform (wsj)
  12. Investors Crowd Into Soft-Landing Trade Ahead of Inflation Data (wsj)
  13. Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed. (wsj)
  14. Wall Street Turns Up the Heat on Companies to Perform (wsj)
  15. The Secret to Talking to an AI Chatbot (wsj)
  16. How AI Has Already Begun to Change These Workers’ Jobs (wsj)
  17. Will AI Be a Job Killer? Call Us Skeptical (wsj)
  18. A Beginner’s Guide to Using AI: Your First 10 Hours (wsj)
  19. Why You Need to Tell an AI Chatbot It Has to Do Better (wsj)
  20. April CPI: Goldman Sachs expects in-line inflation figures (streetinsider)
  21. GS: Unprofitable growth stocks to remain under pressure from higher interest rates (streetinsider)
  22. China, Hong Kong enhance Swap Connect scheme in time for its 1st birthday, easing access to mainland interbank derivatives (scmp)
  23. Hong Kong stocks: index hits 9-month highs, tops 19,000 on earnings optimism and policy support hopes (scmp)
  24. Can Europe’s economy ever hope to rival the US again? (ft)
  25. US and China to hold first talks to reduce risk of AI ‘miscalculation’ (ft)
  26. Hong Kong, mainland China tax waivers a ‘win-win’ for capital markets’ development, experts say (scmp)
  27. Meredith Whitney Advisory Group CEO: Proposed mortgage reform is a ‘massive game changer’ (cnbc)
  28. PayPal Business Cashback Mastercard review — Helpful perks with a simple rewards program (yahoo)
  29. One stock is dragging down the S&P 500’s earnings growth (yahoo)
  30. China’s visa-free policy ignites European enthusiasm, enhances exchanges (peoplesdaily)

Be in the know. 13 key reads for Mother’s Day…

  1. Alibaba leverages cloud business to become a leading AI investor in China (UNLOCKED LINK) (financialtimes)
  2. Alibaba Cloud’s Qwen LLM Tops 90,000 Enterprise Clients in First Year (alizila)
  3. Alphabet Bought Up Two Slumping Stocks (barrons)
  4. Stubbornly High Rents Prevent Fed From Finishing Inflation Fight (wsj)
  5. China to Nurture Stock Rally (bloomberg)
  6. Magic Pill — Johann Hari and the New “Miracle” Weight-Loss Drugs (timferriss)
  7. Charlie Munger and How Not to Invest (morningstar)
  8. Undervalued by 28%, This Stock Is a Buy for Patient Investors (morningstar)
  9. The 10 Best Dividend Stocks (morningstar)
  10. Will Japanese Yen Currency Rally From 40-Year Support? (kimblechartingsolutions)
  11. Zombie 2nd mortgages are coming back to life (npr)
  12. Living With the McLaren F1 (roadandtrack)
  13. Design Analysis – Why the Ferrari Testarossa became a superstar of the 1980s (classicdriver)