Be in the know. 20 key reads for Tuesday…

  1. Alibaba Stake Boosted: Hedge Fund Titans Go Shopping While Asia Peers Bow Out (yahoo)
  2. The US dollar is overbought and could weaken to recent lows as the next Fed meeting looms, strategist says (businessinsider)
  3. PayPal (PYPL) stock pops as Mizuho says pricing concerns ‘largely overblown’, buy on weakness (streetinsider)
  4. Markets are sounding alarms on China’s economy, but an analyst says Wall Street is missing the big picture (businessinsider)
  5. China calls for ‘stable’ ties with US in meeting with Elon Musk (ft)
  6. China’s disappointing rebound could bring in more stimulus, economists say (cnbc)
  7. What’s in the debt limit bill? Key provisions in the Biden-McCarthy deal to avert default (cnbc)
  8. ‘Succession’ Star Matthew Macfadyen on Shiv’s Motivations and Tom’s Future: ‘It’s Just Another Move in a Corporate Nightmare’ (variety)
  9. From McDonald’s to Morgan Stanley, UBS says these stocks are favorably positioned for AI. (marketwatch)
  10. Buy Ford Stock, Says Analyst. The Gap Is an Opportunity. (barrons)
  11. Intel inside? Chinese firm Powerleader’s ‘home-grown’ chip suspected of being a rebadged microprocessor from US giant, test results show (scmp)
  12. LLMs like ChatGPT can perform data analysis at a fraction of the human cost with comparable performance: study (scmp)
  13. This Big Tech Company Is the Latest to Double Down in the AI Race (fool)
  14. Citigroup: cheap or hopeless? (ft)
  15. Gelsinger has said he is confident Intel can deliver on his pledge to achieve five advances in chip technology within four years, and that it will be making the most advanced processors in the world within the next couple of years. (wsj)
  16. Student Loan Payments Restart Sooner in Debt-Limit Deal (bloomberg)
  17. New York’s Best Days Are Ahead, Lazard’s Ray McGuire Says (bloomberg)
  18. Succession Finale: Billionaire Family’s Dramatic Ending Leaves Lingering Questions (bloomberg)
  19. Fast Fashion’s Curious Comeback (wsj)
  20. Goldman Sachs: Buy these 51 beaten-down stocks that will outperform if the US avoids a recession (businessinsider)