Category: What I’m Reading Today

Be in the know. 10 key reads for Saturday…

  1. Intel Solidifies $3.5 Billion Deal to Make Chips for Military (bloomberg)
  2. Economists widely expect PBOC to ease monetary policy in the coming weeks, including by reducing the amount of cash lenders must keep in reserve. The central bank could also lower the interest rate on policy loans to reduce banks’ funding cost. (bloomberg)
  3. EV Leases Go as Low as $20 a Month to Help Dealers Clear Their Lots (bloomberg)
  4. Boeing Craft’s Smooth Return Spotlights NASA’s Safety Calculus (blommberg)
  5. China’s First Retirement Age Hike Since 1978 Triggers Discontent (bloomberg)
  6. Why It’s Not Too Late to Swap Tech for Tech Beneficiaries, From Utilities to REITs (barrons)
  7. Rates Could Fall Below 3% In This Cycle, Says This Economist (barrons)
  8. Lululemon CEO Bought Up the Slumping Stock (barrons)
  9. Boeing’s bonds are being snapped up as stock slides on strike worries (marketwatch)
  10. Hennessey’s New Roadster Is The ‘World’s Most Powerful Manual’ Hypercar (maxim)

Be in the know. 13 key reads for Friday…

  1. Small-cap stocks beating S&P 500 this quarter as investors expect Fed rate cuts (marketwatch)
  2. Top Economist Backs Off Recession Call. Why He Made the ‘Very Difficult Decision.’ (barrons)
  3. Temu and Shein face U.S. crackdown as Biden administration cites abuse of trade loophole (marketwatch)
  4. Alibaba, Tencent, & Meituan Are Buying Their Stock. Are You? (chinalastnight)
  5. Boeing Workers Vote to Strike, Halt Jet Production (barrons)
  6. ‘Real’ Interest Rates Point to Bigger Fed Cut (barrons)
  7. Investor sentiment dived in September. Here’s why it’s a good sign for stock bulls. (marketwatch)
  8. Mortgage rates are falling ahead of the Fed’s planned rate cut. How borrowers can capitalize. (marketwatch)
  9. ECB Cuts Interest Rates for Second Time in Three Months (wsj)
  10. Tech giants and investors are shoveling cash into artificial intelligence amid questions about whether it will pay off (wsj)
  11. Traders See 40% Chance of a Half-Point Fed Cut by Next Week (bloomberg)
  12. The Return of the Gas-Guzzling, Huge-Engine Supercar (bloomberg)
  13. China Internal Passport Revamp Could Fuel New China Growth (bloomberg)

Be in the know. 12 key reads for Thursday…

  1. Alibaba to benefit more from cross-border link, trading history of Tencent, Meituan shows (scmp)
  2. China to Cut Rates on $5 Trillion Mortgages as Soon as September (bloomberg)
  3. ECB Cuts Interest Rate. It’s Finally on the Same Page as the Fed. (barrons)
  4. PPI Inflation Data Was Tame in August. (barrons)
  5. Jobless claims inch up to 230,000, but still no sign of rising layoffs (marketwatch)
  6. Xi Urges Efforts to Hit Annual Growth Target Amid Rising Doubt (bloomberg)
  7. PGA Tour Meets With Saudi Fund in Hopes of Getting Closer to Deal (nytimes)
  8. “Gelsinger insists the time to reap the rewards is finally arriving. He says Intel’s foundry business has “engagements” with a number of customers for $15 billion, spread out over multiple years.” (bloomberg)
  9. Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake (cnbc)
  10. Chinese chip making shows progress with new EUV patent from domestic lithography champion (scmp)
  11. 5B Southbound Trading Net Inflow to BABA-W (aastocks)
  12. Consumer Staples Stocks Are Looking Pricey. It’s Time to Sell. (barrons)

Be in the know. 18 key reads for Wednesday…

  1. CPI data tees up Fed to begin gradually cutting rates next week (wsj)
  2. Shelter Inflation Makes 50 Basis Point Cut a Heavier Lift (wsj)
  3. Goldman Sachs Strategists Say Stocks Unlikely to Sink Into Bear Market (bloomberg)
  4. One of the world’s largest consulting firms will spy on employee locations as it forces workers back into the office (nypost)
  5. Google and Apple Face Billions in Penalties After Losing E.U. Appeals (nypost)
  6. Berkshire Hathaway Big Bet on Occidental Petroleum May Be Going Bad (barrons)
  7. Lithium Mining Stocks Are Soaring. Supply Is the Reason. (barrons)
  8. Alibaba Is Battling with Temu Parent PDD. Founder Jack Ma Says That’s a Good Thing. (barrons)
  9. Inflation unexpectedly cools to slowest rate in more than three years (foxbusiness)
  10. Alibaba Shares Rise on Hopes for Higher Demand From Mainland Investors (wsj)
  11. Sunbelt Manufacturing Boom Lures Property Investors (wsj)
  12. Fed Backpedals on Plan to Increase Big Bank Capital (wsj)
  13. Topgolf Sent Callaway Into the Rough (wsj)
  14. Lululemon Is Seeing a Slowdown in Its Women’s Business. Has It Reached Its Ceiling? (wsj)
  15. Here Are the Key Takeaways From the US CPI Report for August (bloomberg)
  16. Alibaba logistics arm Cainiao launches next-day delivery in Europe, builds new hubs (scmp)
  17. Alibaba founder Jack Ma urges business empire to remain steadfast, ‘believe in the future’ (scmp)
  18. “Mainland investors bought $400 million of stock today via Southbound Stock Connect versus yesterday’s $1.086 billion. It is worth noting Alibaba bought the equivalent of 719,500 US-listed ADRs yesterday, which means the buyback accounted for 4.7% of yesterday’s ADR volume (15.327 million ADRs shares traded).” (chinalastnight)

Be in the know. 12 key reads for Tuesday…

  1. Will Ferrell Goes Shopping ‘Everywhere’ in PayPal’s Biggest US Campaign Ever (paypal)
  2. Alibaba to join Stock Connect from Tuesday (scmp)
  3. Boeing’s stock bounces as averted strike and return of Starliner remove headwinds (marketwatch)
  4. Morgan Stanley’s Wilson Says Yen Carry Risk Lingers for Stocks (bloomberg)
  5. Apple to Unveil a New iPhone. Will Upgrades Make a Comeback? (barrons)
  6. Why Now May Be the Time to Invest in Small-Cap Stocks (wsj)
  7. Storm Forming in Gulf of Mexico Forecast to Hit US as Hurricane (bloomberg)
  8. Wealthy Americans Are Spiking Portugal’s Algarve Housing Market (bloomberg)
  9. Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO (cnbc)
  10. Carry trade unwind could replicate August mayhem, suggests currency strategist, as yen strengthens (cnbc)
  11. PayPal Expands Role In Shopify Payments (benzinga)
  12. Alibaba Added to Southbound Stock Connect (chinalastnight)

Be in the know. 11 key reads for Monday…

  1. Boeing Reaches Deal With Union After Marathon Weekend Talks (bloomberg)
  2. The Palace Coup at the Magic Kingdom (nytimes)
  3. Google is losing its status as a verb (businessinsider)
  4. Apple’s iPhone 16 event is coming up Monday. What investors need to know. (marketwatch)
  5. The Texas Billionaire Who Has Greenpeace USA on the Verge of Bankruptcy (wsj)
  6. The Downside of Falling Interest Rates (nytimes)
  7. Elon Musk’s China dream stalls as hybrids rush past Tesla (finance.yahoo)
  8. Competition Is Coming to Nvidia, Says J.P. Morgan’s Michael Cembalest (institutionalinvestor)
  9. China’s new AI app stirs dreams of Iron Man’s virtual assistant becoming reality (scmp)
  10. Typhoon Gives Hong Kong Three-Day Weekend, Week in Review (chinalastnight)
  11. Ant Group Upgrades AI Financial Butler ‘Maxiaocai’ w/ 70M Monthly Active Users (aastocks)

Be in the know. 7 key reads for Sunday…

  1. Intel Core Ultra 200V aka Lunar Lake goes official, takes on ARM SoCs for the ultimate AI laptop experience. The Intel Core Ultra 200V series is more than just an incremental upgrade; it’s a massive technological leap. (firstpost)
  2. The stock market is stumbling because investors suspect a Fed mistake (marketwatch)
  3. The Fed is taking a risk it doesn’t have to take if it cuts too slow, says Wharton’s Jeremy Siegel (cnbc)
  4. “If Intel can ride out the storm, Hutcheson said, it could reach a “very profitable state” in 2026 or 2027 if it succeeds with a new manufacturing process called 18A, designed to create the latest cutting-edge chips.” (ft)
  5. Alibaba yields “good results” from three-year inspection, says regulator (technode)
  6. Intel announces new standards for Evo laptops, to be powered by Core Ultra 200V Lunar Lake SoCs (firstpost)
  7. Yellen Says She Would Welcome Visit by Her Chinese Counterpart (bloomberg)

Be in the know. 10 key reads for Saturday…

  1. Jobs Report Points to a Smaller Fed Rate Cut (barrons)
  2. Get Ready for the New Nuclear Age. It Could Help Solve America’s Electricity Problems. (barrons)
  3. Fed’s Waller: ‘The Time Has Come’ to Cut Interest Rates (barrons)
  4. This Energy Drink Is Everywhere. Its Stock Can Still Provide a Jolt. (barrons)
  5. Starbucks Finally Gets Its New CEO. 4 Must-Do Tasks for a Turnaround. (barrons)
  6. Nvidia Stock Is Falling. CEO Jensen Huang Sold Another Chunk of Shares. (barrons)
  7. Hiring Softened This Summer, Teeing Up Fed Rate Cuts (wsj)
  8. Top Fed officials leave door open for large interest rate cuts if data worsens (ft)
  9. Buyers catch a break – more homes on the market are seeing prices cut as sellers get impatient (businessinsider)
  10. Chicago Fed’s Goolsbee says jobs, inflation trends justify multiple rate cuts — and soon (marketwatch)

Be in the know. 25 key reads for Friday…

  1. China’s Central Bank Sees Room to Lower Banks’ Reserve-Requirement Ratio (wsj)
  2. Alibaba launched a new AI platform and co-branded credit card with Mastercard to entice more global buyers and sellers to its platform. (yahoo)
  3. Alibaba merchants hail WeChat Pay adoption on Taobao and Tmall (scmp)
  4. PBOC Considers RRR Cut Ahead of US Fed Cuts (chinalastnight)
  5. Billionaire Mark Cuban warns taxing unrealized gains will ‘kill the stock market’ (foxbusiness)
  6. CEO Jensen Huang has sold more than $633 million in Nvidia stock since June (marketwatch)
  7. Fed’s Goolsbee says trend of economic data justifies multiple rate cuts, starting soon (marketwatch)
  8. This Energy Drink Is Everywhere. Its Stock Can Still Provide a Jolt. (barrons)
  9. Berkshire Hathaway Sells $760 Million of Bank of America Stock as Stake Keeps Shrinking (barrons)
  10. China buys US$12 billion worth of chip-making tools in a quarter (scmp)
  11. Competition Is Coming to Nvidia, Says J.P. Morgan’s Michael Cembalest (institutionalinvestor)
  12. The Japanese yen still poses ‘a very big risk’ to global markets. Here’s why. (marketwatch)
  13. Little-known Florida couple with GameStop winnings continues to build stake in JetBlue (marketwatch)
  14. Fintech giant Ant Group launches AI personal assistant app in China (scmp)
  15. Oracle billionaire Larry Ellison will control Paramount after Skydance deal: filing (nypost)
  16. Nordstrom Family Bids Again to Take Retailer Private (wsj)
  17. Alibaba allowing access to WeChat Pay would help Alibaba acquire users, especially people from smaller cities, the people said. WeChat has 1.37 billion users. (wsj)
  18. Intel Is Exploring Sale of Part of Stake in Mobileye (bloomberg)
  19. Paulson Sees Fed Cutting Rates to as Low as 2.5% by End of 2025 (bloomberg)
  20. The Yield Curve Is Disinverting. Why Should I Care? (bloomberg)
  21. Trump Tax Plan Lifts S&P Profit, Harris’ Would Cut, Goldman Says (bloomberg)
  22. August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says (cnbc)
  23. Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030 (cnbc)
  24. Robby Starbuck: the activist pushing US companies to ditch their DEI vows (ft)
  25. Trump Vows 15% Corporate Tax and Taps Musk for Federal Audit (bloomberg)

Be in the know. 12 key reads for Thursday…

  1. Boeing Speeds 737 Deliveries to China in Respite for New CEO (bloomberg)
  2. Boeing says China’s commercial air fleet predicted to double in the next two decades (militaryaerospace)
  3. Nvidia Falls Despite AI Giant Saying It Didn’t Get DOJ Subpoena In Antitrust Probe (investors)
  4. The Best Way to Play the Stock Market’s Worst Sector (barrons)
  5. Google Is Losing Market Share to ChatGPT. What It Means for Alphabet Stock. (barrons)
  6. Ultra-Rich Families Set to Control $9.5 Trillion by 2030, Deloitte Says (bloomberg)
  7. S. safety regulator calls for probe of Temu, Shein over unsafe products (cnbc)
  8. S. auto sales shrink as high interest rates discourage buyers (marketwatch)
  9. Bank of Japan board member Takata sees the need to ‘shift gears’ (marketwatch)
  10. US job openings fall to lowest level since January 2021 as labor market cools (foxbusiness)
  11. Chip war: Taiwan accuses 8 mainland Chinese firms of poaching talent, stealing secrets (scmp)
  12. A 50bps cut is far more likely now, says Grant’s Interest’s Jim Grant (cnbc)