- Hormel’s stock surges as Planters nuts strength helps fuel an earnings beat (marketwatch)
- “As the biggest cloud service provider in China and APAC, we see tremendous growth prospect of China’s digital market,” said Liu Weiguang, president of public cloud business at Alibaba Cloud Intelligence. “That’s why we decide to launch the price reduction campaign to lower the threshold of cloud services for more enterprises and developers to reap the technological dividends and accelerate the adoption of advanced public cloud services across various industries in China,” said Liu. (cnbc)
- China’s Superlong Bond Extends Rally as Policy Easing Bets Grow (bloomberg)
- China Politburo Vows to Meet Growth Targets Amid Slow Recovery (bloomberg)
- Chinese firms step up hiring, but tight-fisted on pay (reuters)
- Is There an AI Bubble? The Nifty Fifty Show It Isn’t That Simple (wsj)
- Apple Investors Grow Impatient on AI (wsj)
- San Francisco Poised to Start Drug-Testing Welfare Recipients (wsj)
- He Got Bored. Built an Empire. Then Cracked the Formula for the World’s Fastest Sport. (wsj)
- Frackers Are Now Drilling for Clean Power (wsj)
- Warehouse Boom Fades, and the Hopes of a California Region Fade With It (wsj)
- Welcome to the Era of BadGPTs (wsj)
- Baidu Posts Record Revenue Amid Search for New Growth Engines (wsj)
- Warren Buffett Drops Investing Advice in Latest Shareholder Letter — ‘I Can’t Remember A Period Since March 11, 1942 … That I Have Not Had A Majority Of My Net Worth In Equities’ (benzinga)
- How to Spot Cheap Stocks—and Avoid ‘Value Traps’ (barrons)
- The Election Is Coming. These Stock Sectors Tend to Perform Best. (barrons)
- These 10 Lenders Have Bet the Bank on Commercial Real Estate. Here’s How They’re Holding Up. (barrons)
- Bond Yields Aren’t Far From Their Highs. Now Might Be the Time to Buy. (barrons)
- Biotech Stocks Are on a Tear. They Could Keep Climbing. (barrons)
- Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago (cnbc)
- The initiative seeks to ‘lower the threshold of cloud services for more enterprises and developers’ in China, where AI projects are driving demand. Alibaba Cloud’s latest initiative reflects the market opportunity to address growing demand for high-performance computing resources on the mainland, where AI development efforts have rapidly expanded amid Washington’s sanctions on the export of advanced semiconductors to the country. (scmp)
- Mainland China Has One Of Its Best Trading Days EVER (chinalastnight)
- Tech companies cash in on ‘frothy’ stock rally with convertible bond sales (ft)
- Amazon to invest in start-ups that combine AI with robotics (ft)
- The market rally has been largely driven by AI-related stocks, says Bespoke Investment’s Paul Hickey (cnbc)
