The ECB May Beat the Fed to Cutting Rates. Here Are the Risks. (barrons)
Cancer Biotech Stocks Are on the Move Ahead of a Big Event. What to Know. (barrons)
Warner Bros. Discovery Exec Bought Up the ‘Undervalued’ Stock (barrons)
In early May, Stellantis unveiled the new sales program for dealers, which provides cash awards for hitting aggressive monthly targets. (wsj)
Bearish Trades Crater Fast in Wall Street’s High-Momentum Rally (bloomberg)
Nvidia ‘seems bubbly’ because it won’t be able to maintain its dominant market share, investing legend Rob Arnott says (businessinsider)
‘‘I told the guy that if he reads Security Analysis [by Benjamin Graham and David Dodd] and The Intelligent Investor [by Benjamin Graham] and then reads all of Warren Buffett’s annual reports, and if he really understands what they were saying, he will know everything there is to know about investing.’’ (Bill Miller)
Benetti Superyachts Are Favored by Everyone From Jay-Z To James Bond (maxim)
How The Ferrari 250 GTO Became The World’s Most Valuable Production Car (maxim)
This N.Y.C. Steakhouse Is America’s Best, According To Meaty New Rankings (maxim)
JPMorgan is ‘positive’ on China stocks and ‘constructive’ on its real estate (cnbc)
BofA’s Hartnett Says Stock Rally Is Moving Closer to Sell Signal (bloomberg)
“Looking beyond to the next 4-6 quarters, we believe a decline in demand for Nvidia compute is inevitable, as model providers shift toward focusing on driving computational efficiency and their largest customers…all develop their own silicon,” Luria wrote in a research note. (barrons)
Hello Nvidia, Goodbye Intel? What the AI Stock’s Split Could Mean for the Dow. (barrons)
Do companies’ stocks tend to outperform after they are removed from the Dow Jones index? (ai)
Cathie Wood sees a Great Depression-like search for safety in the stock market (marketwatch)
Home builders are slashing prices to lure home buyers, but it may not be enough (marketwatch)
Treasury Bills Are the Best Place to Park Your Cash. Just Ask Warren Buffett. (barrons)
SEC Widens Accessibility of Crypto Investing With Approval of ETFs for Ether (wsj)
How Singapore Got Rich, and Can It Last (bloomberg)
Carry Trade Is All the Rage Across Global Bond and FX Markets (bloomberg)
Rate Cuts Will Trigger Flood of Bond Buying, PGIM Says (bloomberg)
A Hedge-Fund Volatility Trade Risks Getting Crushed by the Crowd (bloomberg)
Reuben Brothers Bet on $2 Billion Puerto Rico Development (bloomberg)
Lululemon Shares at Bottom of S&P 500 as Sales Concerns Grow (bloomberg)
A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says (businessinsider)
Sam Altman’s time as the golden child of tech might be coming to an end (businessinsider)
China’s Second Special Ultra-Long Bond Sale Sees Solid Demand (bloomberg)
This is how stock splits are performing 12 months after announcement (streetinsider)
China’s mutual funds top record with US$4.1 trillion invested (scmp)
Chinese sovereign bond trading suspended after frantic retail buying (ft)
Alibaba has spoken with investment banks about selling bonds that can be converted into US-listed stock, the people said, asking not to be identified discussing private information. The aim is to fund share repurchases and growth, the people said. (yahoo)
Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants (cnbc)
Washington’s Pivot on Bank Rules Could Free Up Tens of Billions (wsj)
Retail-investor stock appetite has not yet fully recovered (marketwatch)
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers. Here’s the catch. (marketwatch)
Jobless claims fall again to 215,000. Strong labor market fuels U.S. economy. (marketwatch)
Xi urges hard work to improve people’s well-being (cn)
Ford (F) new Buy at Bernstein amid ‘clear path to significant operating leverage’ (streetinsider)
Fed Minutes Show Officials Were Wary About Inflation at May Meeting (nytimes)
The race for an AI-powered personal assistant (ft)
Nvidia Is Booming. Here’s What Could Slow It Down. (wsj)
