Be in the know. 15 key reads for Wednesday…

  1. The July CPI Clears a Low Hurdle for a September Rate Cut (wsj)
  2. Home Depot’s stock bounces as home improvement demand may have just bottomed (marketwatch)
  3. Why the bull market in stocks can continue despite a brutal start to August (marketwatch)
  4. Wells Fargo strategist says investors may face 1995 rerun once Fed cuts rates (marketwatch)
  5. Seth Klarman’s Baupost Group cuts stake in Alphabet and snaps up Humana (marketwatch)
  6. Mortgage rates fall for a second week in a row — and refinances soar 117% (marketwatch)
  7. Intel has sold its stake in Arm after a big rally for the chip-design stock (marketwatch)
  8. BofA Survey Shows Optimism on Big Tech, Soft Landing Is Unbroken (bloomberg)
  9. Starbucks Stock Soared After Naming a New CEO. What History Says Happens Next. (barrons)
  10. Tencent profit jumps 82% on back of strong video gaming, ad growth (scmp)
  11. Tencent Music Entertainment & HUYA Beat, MSCI Index Review (chinalastnight)
  12. Southwest Activist Piles on Pressure. Why Elliott Smells Blood After Starbucks Win. (barrons)
  13. China expects air travel to hit a record in 2024 (cnbc)
  14. China Delivers Another Harsh Verbal Warning to Bond Buyers (bloomberg)
  15. The ‘crazy’ fix for Google’s monopoly that investors are whispering about (businessinsider)