Be in the know. 13 key reads for Thursday…

  1. The production and engineering costs of the new (Blackwell) chips will weigh on profit margins, and Nvidia’s sales forecast for the current period didn’t match some of Wall Street’s more optimistic projections. (bloomberg)
  2. This Crypto Entrepreneur Just Bought a Duct-Taped Banana for $6.2 Million (barrons)
  3. Alibaba Establishes E-Commerce Business Group. Why It Matters. (barrons)
  4. PDD Stock Drops. The Temu Owner Sounds Alarm Over Fierce Competition. (barrons)
  5. Musk, Ramaswamy Want Federal Workers in the Office Full Time. There’s a Hitch. (wsj)
  6. Visionary Gary Vaynerchuk reveals the big tech trends that will define the future (nypost)
  7. Here’s why Dollar Tree and Dollar General stocks have plummeted (cnbc)
  8. Chinese tech company Baidu on Thursday reported better-than-expected revenue and profit for the third quarter. (cnbc)
  9. Jobless claims drop to seven-month low as the U.S. economy plows ahead (marketwatch)
  10. There Are More Billionaires Than Ever. And They Keep Getting Richer. (barrons)
  11. Alibaba CEO highlights AI advancement at China’s internet forum (scmp)
  12. China’s second-richest man blasts Pinduoduo for hurting brands with cutthroat pricing (scmp)
  13. Kuaishou Beats On Revenue, Alibaba Issues USD Bonds To Fund Buybacks (chinalastnight)