Category: What I’m Reading Today

Be in the know. 25 key reads for Tuesday…

  1. The stars have aligned for this corner of the stock market as the US economy enters its ‘Goldilocks’ era, BofA says (businessinsider)
  2. Xi Jinping’s Great Economic Rewiring Is Cushioning China’s Slowdown (bloomberg)
  3. Small caps are the hottest trade going in the stock market right now and they’re up again Tuesday (cnbc)
  4. Inside Disney’s Mission to Keep Viewers Glued to Their Screens (wsj)
  5. Is Chinese President Xi’s Tech-Driven Growth Push Starting to Pay Off? (bloomberg)
  6. Revisiting Hong Kong: Optimism Still Improving Even As Rally Gets Tested (kraneshares)
  7. Bank Of America Stock Adds To 24% Rally On Q2 Earnings; Financial Stocks Eye Breakouts (investors)
  8. Xi’s Quest for ‘High-Quality Growth’ in China Is Bearing Fruit: Big Take (bloomberg)
  9. China tries to hit more birds with one stone in property rescue push (reuters)
  10. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  11. Google Search Has AI Issues, but Alphabet Stock Bulls Remain Upbeat (barrons)
  12. Why cooling inflation may not hurt corporate earnings after all (marketwatch)
  13. Powell leaves door open to rate cut but offers no fuel for July move: Evercore’s Guha (marketwatch)
  14. Opinion: ‘The S&P 500 is an accident waiting to happen’ — but it could be a long wait (marketwatch)
  15. Options traders flash rare bullish signal for small-cap stocks (marketwatch)
  16. Evictions Surge in Major Cities in the American Sunbelt (wsj)
  17. Powell Signals Rate Cut Coming Into View but Declines to Say When (wsj)
  18. Starboard Builds Big Stake in Tinder Parent Match (wsj)
  19. Odd Lots: Stephen Roach Warns Of Disaster From Our ‘Sinophobic’ China Policy (bloomberg)
  20. AI stocks look promising long-term, but may be overvalued now, investing experts say (cnbc)
  21. Match’s stock surges after activist investor Starboard urges exploring a sale (marketwatch)
  22. Marathon CEO Richards on Trump Trade, Fed, Dimon’s Private Credit Warning, Real Estate (bloomberg)
  23. Traders see the odds of a Fed rate cut by September at 100% (cnbc)
  24. Fundstrat’s Tom Lee is bullish on small caps (cnbc)
  25. Does Economic Data Raise The Probability of Third Plenum Policy Support? (chinalastnight)

Be in the know. 20 key reads for Monday…

  1. Chinese Leaders Are Gathering for Policy Talks. How the ‘Third Plenum’ Just Might Lift Stocks. (barrons)
  2. Alibaba Share Repurchase Program Reaches New Heights During June Quarter (alizila)
  3. IOC Leverages Alibaba Cloud’s Energy Expert to Optimize Power Consumption at Paris 2024 Venues (alizila)
  4. President Xi Jinping is presiding over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest. (nytimes)
  5. China’s Economic Growth Comes in Worse Than Expected, Adding Pressure on Xi (bloomberg)
  6. Amazon Hits Prime Time for Earnings Expansion (wsj)
  7. What if the A.I. Boosters Are Wrong? (nytimes)
  8. I.’s Insatiable Appetite for Energy (nytimes)
  9. How Value Investors Can Benefit From the UK Rebound (bloomberg)
  10. 4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030 (businessinsider)
  11. Why small caps have the ‘most compelling investment case’ right now (marketwatch)
  12. Small-cap stocks get some revenge after Big Tech rally pauses. How long can they keep it up? (marketwatch)
  13. Fed-favored PCE price gauge set to show easing inflation and raise likelihood of rate cut (marketwatch)
  14. Evictions Surge in Major Cities in the American Sunbelt (wsj)
  15. Goldman Strategists Say Big Tech’s AI Splurge Worries Investors (bloomberg)
  16. Drivers are no longer simply accepting the fact that they have to pay more for car insurance. (wsj)
  17. Open questions | Stephen Roach on how Beijing can right its economy and the US’ China ‘blunder’ (scmp)
  18. Explainer | China’s third plenum: the 5 burning questions heating up debate – and our take (scmp)
  19. China’s economy falters, raises pressure for more stimulus (reuters)
  20. 4 Major CN Banks Lower Interest Rates for Buying 1st Home in Guangzhou: Report (aastocks)

Be in the know. 20 key reads for Sunday…

  1. The door is wide open to multiple Fed rate cuts (scottgrannis)
  2. AI’s $600B Question (sequoiacap)
  3. Arnold Schwarzenegger and Ann Miura-Ko (#754) (timferriss)
  4. Oaktree’s Howard Marks Weighs In on Market Risks, PE and Credit (bloomberg)
  5. 10 Undervalued Wide-Moat Stocks (morningstar)
  6. 33 Undervalued Stocks (morningstar)
  7. Fed sends clearest signals yet that it will soon cut interest rates (ft)
  8. ‘‘After we buy a stock, consequently, we would not be disturbed if markets closed for a year or two. We don’t need a daily quote on our 100 percent position in See’s to validate our well being. Why, then, should we need a quote on our 7 percent interest in Coke (KO)?’’ (dgi)
  9. Jeff Bezos to sell another $5bn of Amazon shares (bbc)
  10. Why International Investing Makes Sense for Long-Term Investors (morningstar)
  11. GEN AI: TOO MUCH SPEND, TOO LITTLE BENEFIT? (gs)
  12. China Posts Largest Trade Surplus in Near 2 Years (tradingeconomics)
  13. The 50 Greatest Luxury Hotels on Earth (robbreport)
  14. The Pagani Huayra Epitome Is The Ultimate Driver’s Hypercar (maxim)
  15. The First Ferrari 250 GT SWB California Spider Could Sell For $18 Million Or More (maxim)
  16. How America’s Fastest Swimmers Use Math to Win Gold (quantamagazine)
  17. Alibaba welcomes Tony Parker as ambassador to boost B2B market expansion (technode)
  18. Rooftop solar’s dark side (org)
  19. World’s 100 Greatest Golf Courses (golfdigest)
  20. Bloomberg Daybreak Weekend: China’s Third Plenum (bloomberg)

Be in the know. 10 key reads for Saturday….

  1. Traders Start to Bet on Supersized Fed Rate Cut in September (bloomberg)
  2. Bank earnings: JPMorgan and Wells Fargo report mixed results, while Citigroup beats estimates (marketwatch)
  3. PPI report for June: Wholesale inflation also points to slower increase in prices (marketwatch)
  4. Fed’s favorite PCE price gauge set to show slower inflation and raise odds of rate cut (marketwatch)
  5. Intel Stock Is the Dow’s Best Performer on Friday. Here’s Why. “Lavender also said that Intel is seeing is seeing “lots of demand” for its Gaudi 3 chip.” (barrons)
  6. Why Dividend Aristocrats and REIT Stocks Are Poised to Rally (barrons)
  7. CONE HEADS (bloomberg)
  8. China’s Chance to Rein In Its Surplus — or Double Down (bloomberg)
  9. When will AI’s stock-market dominance fade? Goldman says watch this key signal. (businessinsider)
  10. Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm’s exact forecasts. (businessinsider)

Be in the know. 22 key reads for Friday…

  1. Move Over, Magnificent Seven Stocks. The Other 493 Are Set to Take Off. (barrons)
  2. Is a stock-market rotation under way? Small caps surge as Magnificent Seven are punished after cool CPI reading. (marketwatch)
  3. Data shows most who take anti-diabetes drugs such as Ozempic for weight loss quit within 2 years, as their cost-effectiveness is questioned (scmp)
  4. Fed Rate Cuts Look Imminent. Why This Big Tech Selloff Could Be Positive and 4 Other Things to Know Today. (barrons)
  5. Citigroup tops expectations for profit and revenue on strong Wall Street results (cnbc)
  6. “the PPI was actually “a lot better” than it looks, given that the components that feed into the PCE were benign.” (bloomberg)
  7. Why Dividend Aristocrats and REIT Stocks Are Poised to Rally (barrons)
  8. Traders piled into bets against small-cap stocks at exactly the wrong time (marketwatch)
  9. China’s Highest-Level Economic Summit Kicks Off Soon. 3 Things to Know. (barrons)
  10. ‘Christmas in July’: Why Goldman and Other Big Bank Stocks Have Taken Off (barrons)
  11. Fed’s Goolsbee: ‘Profoundly encouraging’ June CPI data makes case for rate cuts (marketwatch)
  12. Fed’s Daly says U.S. economic data now justify an interest-rate cut (marketwatch)
  13. One S&P 500 sector has gotten less expensive — even while rising by double digits (marketwatch)
  14. Why Jack in the Box, Wendy’s, and Other Cheap Restaurant Stocks Are Jumping (barrons)
  15. Milder Inflation Opens Door Wider to September Rate Cut (wsj)
  16. The One-Child Policy Supercharged China’s Economic Miracle. (wsj)
  17. The Chrysler Building, the Jewel of the Manhattan Skyline, Loses Its Luster (nytimes)
  18. Yen keeps markets on edge, data points to BOJ intervention (streetinsider)
  19. ‘Get us more paper’ — Indian equity issuance hits record high (ft)
  20. Sterling surges to one-year high after UK growth and US inflation surprises (ft)
  21. Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme (scmp)
  22. A Once-in-a-Decade Opportunity: 2 Magnificent S&P 500 Dividend Stocks Down 47% and 59% to Buy in the Second Half of 2024 (fool)

Be in the know. 20 key reads for Thursday…

  1. Alibaba’s AI model outperforms Chinese rivals, ranks just behind OpenAI, Anthropic (scmp)
  2. Traders boost bets on Fed rate cut in Sept after CPI data (reuters)
  3. Goldman Strategists Say Big Tech’s AI Splurge Worries Investors (bloomberg)
  4. PepsiCo Earnings Beat Expectations. Why the Stock Is Dropping. (barrons)
  5. Glamorous Garages and Beautiful Barns: The New Must-Have Amenities (barrons)
  6. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  7. Pfizer Moves Forward With Weight-Loss Pill. The Stock Is Rising. (barrons)
  8. There’s a very short window to bet against the dollar, says Goldman Sachs. (marketwatch)
  9. The Golf Putter That Works So Well, ‘It Feels Like Cheating’ (bloomberg)
  10. The Risky-Loan Trade Is Back (wsj)
  11. Tony Robbins Bet $200 Million on a Green-Energy Breakthrough. Proof It Works Remains Elusive. (wsj)
  12. What’s Behind Powell’s Latest Shift on Rates (wsj)
  13. American Workers Have Quit Quitting, for Now (wsj)
  14. How Drug Middlemen Keep Beating the System (wsj)
  15. Apple Settles E.U. Case by Opening Its Payment Service to Rivals (nytimes)
  16. Private Equity’s Creative Wizardry Is Obscuring Danger Signs (bloomberg)
  17. China’s plenum must offer action not rote slogans (ft)
  18. Hong Kong stocks rise after China unveils fresh curbs on short-selling to lift confidence (scmp)
  19. 3 Reasons to Buy Intel Stock Like There’s No Tomorrow in 2024 (fool)
  20. Treasury yields fall on rate-cut optimism (wsj)

 

Be in the know. 25 key reads for Wednesday…

  1. Powell Inches the Fed Closer to Cutting Rates (wsj)
  2. Why China’s Third Plenum Matters for Global Investors (bloomberg)
  3. Powell remarks on day one suggested September cut (marketwatch)
  4. China’s central bank arms itself for rare bond market intervention (ft)
  5. Intel’s momentum has flipped as stock looks to book five-session winning streak (marketwatch)
  6. Great Hill Capital LLC Chairman and managing member Thomas Hayes discusses Fed Chair Powell’s testimony ahead of the release of the highly anticipated inflation data. (foxbusiness)
  7. The S&P 493’s earnings recession is over (yahoo)
  8. Internet Stocks Mostly Rebound, National Team Rumored To Be Buying Small Cap ETFs (chinalastnight)
  9. BABA-SW Offloads 3.9M Shrs of CLOUD MUSIC to Cash in $350M+ (aastocks)
  10. US economy no longer overheated, Fed’s Powell tells Congress (reuters)
  11. Fed’s Powell: “More good data” will “strengthen” case for rate cut (reuters)
  12. Disney to add new ship in Tokyo to expanding cruise business (reuters)
  13. Exclusive: Fed may tweak rule that could save biggest US banks billions (reuters)
  14. Alibaba bets on generative AI tools to help cross-border merchants, executive says (scmp)
  15. Exclusive Ivy League Social Clubs Are Desperate for Members (wsj)
  16. Boeing likely to suffer minimal impact from guilty plea, analysts predict (ft)
  17. Intel rally due to a ‘clear short cover trade underway in semis’ – Mizuho (streetinsider)
  18. A double cheeseburger for $1.99? Why fast-food prices are going even lower. (marketwatch)
  19. Taiwan Semiconductor Leads Chip Stocks Higher. (barrons)
  20. It Might Be Time to Sell Some of Your AI Stocks (barrons)
  21. Powell Testimony Today: Stocks Edge Up Ahead of Fed Chair’s Second Day of Remarks (wsj)
  22. US Natural Gas Bulls Finally Get Some Good News (bloomberg)
  23. 3M’s CFO Steps Down After Leadership Shakeup, Health Spin (bloomberg)
  24. China’s ETF market sees ‘explosive’ growth, inflows jump 5-fold in three years, Morningstar says (cnbc)
  25. Instead of Buying the Dip on Stock-Split Stocks Like Nvidia and Broadcom, Consider These 3 Semiconductor Stocks (fool)

 

Be in the know. 12 key reads for Tuesday…

  1. Citi Says It’s Time to Book Profits in High-Flying AI Equities (bloomberg)
  2. Strategists Say Stock Rally Needs Bumper US Earnings Season (bloomberg)
  3. Fed Chair Powell And CPI: What’s At Stake For The S&P 500? (investors)
  4. A new way of picking market-beating stocks (marketwatch)
  5. Are 70% discounts on office buildings enough? Billionaire investor Howard Marks isn’t sure. (marketwatch)
  6. Daily Travelers Passing Through U.S. Airport Security Top 3 Million for First Time (wsj)
  7. China Outspends the U.S. on Fusion in the Race for Energy’s Holy Grail (wsj)
  8. He Was Snubbed by Team USA at the Ryder Cup. Now He’s the Captain. (wsj)
  9. Biden Has 100 Million Reasons to Stay In (wsj)
  10. China Allows Robotaxis Without Operators in Shanghai (wsj)
  11. ‘We’re in a slow-motion melt-up’: 3 reasons why the bull market in stocks will continue, according to Ed Yardeni (businessinsider)
  12. Jerome H. Powell, the chair of the Federal Reserve, indicated on Tuesday that recent inflation data had given the central bank more confidence that price increases were returning to normal, and that continued progress along these lines would help to pave the way toward a central bank rate cut. (nytimes)

Be in the know. 11 key reads for Monday…

  1. Alibaba leads cloud service market in China in Q1 (Alibaba Cloud led with a 37% market share). In the first quarter, China’s cloud service spending rose by 20% year-over-year to $9.2 billion, according to the latest data from market research firm Canalys. (technode)
  2. This week’s U.S. inflation report could have serious implications for stocks (marketwatch)
  3. The Holy Grail Cars? Get Them While They Last. (nytimes)
  4. Taobao deepens integration with Ele.me after suggestions Alibaba could sell the delivery service (technode)
  5. Martin Short Brings Back Jiminy Glick For An Interview With Bill Hader (digg)
  6. Mainland China’s cloud service spend grew by 20% in Q1 2024 (canalys)
  7. What Does Your Handicap Index Really Mean? (mygolfspy)
  8. How Brad Jacobs Plans to Revolutionize Building Supply Distribution (bloomberg)
  9. Stew Leonard, Jr.: Prices are about the same as they were last Fourth of July (foxbusiness)
  10. Dubai’s Top Hotel Concierge Provides an Insider’s Glimpse to the Glitzy City (barrons)
  11. China’s AI competition deepens as SenseTime, Alibaba claim progress at AI show (scmp)

Be in the know. 10 key reads for Sunday…

  1. US Wage Growth Slows, As Expected (tradingeconomics)
  2. Conagra Took a GLP-1 Hit. Why Its Stock Is Worth a Look. (barrons)
  3. Building the Bell System (construction-physics)
  4. A.I. Begins Ushering In an Age of Killer Robots (nytimes)
  5. Britain is now a beacon of stability — in five charts (ft)
  6. China’s central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. (reuters)
  7. Texas coast braces for potential hit by Beryl, which is expected to regain hurricane strength (apnews)
  8. One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise (fortune)
  9. First Drive: The 690 HP McLaren Artura Spider Deftly Balances Grunt and Grace (robbreport)
  10. The 15 Greatest Concept Cars of the 21st Century (So Far) (robbreport)