Be in the know. 30 key reads for Wednesday…

  1. Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them. (barrons)
  2. A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way (businessinsider)
  3. Alibaba opens Tongyi Qianwen model to public as new CEO embraces AI (scmp)
  4. Tesla Stock Isn’t a Buy Now, but Ford, GM Are, Says Analyst (barrons)
  5. Ford’s New F-150 Shows the Benefits of Gas, Battery, and Hybrid Power (barrons)
  6. Strike or No Strike: 5 Things to Know About the UAW’s Shawn Fain (barrons)
  7. Spicy Famed NYC meatball mecca, Rao’s, to open in Miami this fall (nypost)
  8. A Potential UAW Strike Has Created an Opportunity in Auto Parts Stocks (barrons)
  9. Apple iPhone 15 Launch Fails to Excite Investors. What Wall Street Is Saying. (barrons)
  10. Higher Interest Rates Usually Hurt Big Tech. Why They Haven’t Recently. (barrons)
  11. Inflation Accelerated in August as Gasoline Prices Jumped (wsj)
  12. Even excluding food and energy, price gains picked up (wsj)
  13. China iPhone Latest: Apple’s iPhone ‘Security Incidents’ Flagged by Government Officials (bloomberg)
  14. China says it has not banned purchase, use of foreign phone brands (reuters)
  15. UAW strike ‘seems inevitable,’ with effects on GM and Ford hinging on how long it might last (marketwatch)
  16. AP Sources: UAW may strike at small number of factories if it can’t reach deals with automakers (AP)
  17. The European owner of Westfield malls is pulling back from its aggressive plan to sell nearly all its properties and exit from the U.S. market this year, another vote of confidence for the high-end mall business. (wsj)
  18. Luxury Apartment Glut in South Florida Offers Some Price Relief (wsj)
  19. Moderna (MRNA) gains after saying it expects up to $15B in sales by 2028 from new drugs (streetinsider)
  20. The Big Read. The global race to set the rules for AI (ft)
  21. Shenzhen Welcomes Autonomous Vehicles, Rate Cuts Lead To Credit Growth (chinalastnight)
  22. Beijing Throws China’s Housing Market a Bone (wsj)
  23. Modi Wants to Make India a Chip-Making Superpower. Can He? (nytimes)
  24. Citi Plans Job Cuts as It Revamps Top Management Structure (bloomberg)
  25. Intel Rides Made-in-America Wave to Big Stock Gain (bloomberg)
  26. Here Are the Takeaways From US CPI Report for August (bloomberg)
  27. Wall Street Says CPI Not a ‘Game Changer’ for Fed (bloomberg)
  28. CNBC ProAlibaba and more: CLSA names 3 of the ‘cheapest AI plays’ worldwide (cnbc)
  29. Wharton professor Jeremy Siegel sees an ‘upward tilt’ for stocks during the rest of 2023 – and says there’s no clear sign of a recession (businessinsider)
  30. Warren Buffett and Charlie Munger’s epic success is down to 3 key things, Howard Marks says (businessinsider)