Be in the know. 20 key reads for Friday…

  1. Alibaba’s Long-Awaited China Stock Link May Provide Timely Boost (bloomberg)
  2. Apple Opens Up Payment Options, Boosting PayPal Stock. This Analyst Sees Long-Term Positives. (barrons)
  3. Great Hill Capital Chairman Thomas Hayes discusses the impact the 2024 election may have on the stock market during an appearance on ‘Varney & Co.’ (foxbusiness)
  4. Intel Disappointed Investors. For Corporate Customers, It’s Still Good Enough. (wsj)
  5. Lululemon CEO Calvin McDonald Buys Up Disney Stock (barrons)
  6. United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg (cnbc)
  7. China’s industrial output up 5.1 pct in July (cn)
  8. Alibaba, JD.com, PBOC, & Economic Data Reviewed! (chinalastnight)
  9. Fed’s Musalem Sees Interest-Rate ‘Adjustment’ Coming (barrons)
  10. The U.S. Economy Is Still Strong. The Latest Data Make it Clear. (barrons)
  11. Retail Sales Surged in July. The Fed Can Breathe a Sigh of Relief. (barrons)
  12. Nike shares pop as Bill Ackman’s Pershing Square discloses a $229 million stake (streetinsider)
  13. Estee Lauder stock upgraded by RBC Capital on improved risk-reward balance (investing)
  14. How Walmart Allayed Worry About the U.S. Shopper and Sent Its Stock Soaring (barrons)
  15. Jobless Claims Fall, Suggesting Continued Labor Market Strength (barrons)
  16. Cooling July Inflation Sets Stage for Fed’s September Rate Cut (wsj)
  17. Michael Burry of ‘Big Short’ fame ups his bets on Chinese Internet stocks (marketwatch)
  18. Tech war: China pumps up state subsidies for chip industry to counter US sanctions (scmp)
  19. China’s July home prices fall at a slower pace as state support shows ‘some effect’ (scmp)
  20. Nike is a great brand that’s just out of favor, says 13D Monitor’s Ken Squire (cnbc)