Skip to content
Are Slip-On Vans The Sambas Of Summer 2024? “Since being spotted on the likes of Emily Ratajkowski, Sofia Richie, the Olsens and Renggli designer Morgan Stewart McGraw recently, interest in the shoes has spiked. Google searches for the classic checkerboard styles have increased by 5,000% in the past 90 days, while over on TikTok, videos about the trend have surpassed 41.6 million.” (elle )
Cooling Jobs Data Put September Rate Cut ‘Solidly in Play’ (barrons )
US unemployment rises up to 4.1%, 206K jobs added as analysts urge fed to cut rates (nypost )
China’s Central Bank Borrows ‘Hundreds of Billions’ of Yuan in Government Bonds (wsj )
AI has all the answers. Even the wrong ones (ft )
Smaller US companies are starved of investor attention (ft )
Boom in active bond ETFs could put total inflows on track for $1tn year (ft )
Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half (bloomberg )
Nvidia Gets Rare Downgrade on Valuation Concerns After Rally (bloomberg )
Waymo’s Robotaxi Rollout is a Landmark Moment for Driverless Cars (bloomberg )
China Is Finally Starting to Do Something About the U.S. Fentanyl Crisis (wsj )
Big Banks Are Taking Hits From Commercial Real Estate (wsj )
Opinion: What Nvidia investors can learn from the roaring 1920s and the radio bubble (marketwatch )
A Weak Yen Will Persist Until the Fed Cuts Rates (barrons )
Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons )
2-year Treasury yield ends at lowest since March on signs of deteriorating labor market (marketwatch )
33 Undervalued Stocks (morningstar )
Why These Custom Land Rover Defenders Are The Ultimate British SUVs (maxim )
The 1,600-HP Koenigsegg Jesko Absolut Hypercar Just Crushed Four World Speed Records (maxim )
Why the S&P 500 is poised to rocket 100% in 5 years (yahoo )
Nvidia CEO Cashes in on Rally With $169 Million Share Sale (bloomberg )
‘Signs of life’ in China’s markets as reforms boost confidence, forum told (scmp )
China’s PBOC Readies Multibillion-Yuan Pool of Bonds to Sell by Tapping Major Banks (bloomberg )
Elon Musk predicts Bill Gates will be ‘obliterated’ for shorting Tesla stock (nypost )
These Are the 19 Best Restaurants in Dubai Right Now, Says Michelin (bloomberg )
GDP malaise? Why U.S. second-quarter growth will be weak again. (marketwatch )
A financial markets ‘mystery’: The Japanese yen’s slide is upending a once-reliable relationship (marketwatch )
Airline Stock Relief as July Fourth Weekend Set to Break Travel Records (barrons )
Travel Is the American Way—Even When It’s Pricey (barrons )
Tony Blair’s Party Is on the Cusp of a Huge Election Win. What it Means for Markets. (barrons )
These Are the Best U.S. National Parks—and They’re Not Even That Crowded (wsj )
Aston Martin, in Celebration of Its 110th Birthday, Leans into Its Past for Its New $2 Million Valour (barrons )
Nvidia to make $12bn from AI chips in China this year despite US controls (ft )
China stays committed to opening-up to promote reform, development and innovation (cn )
The unemployment rate unexpectedly climbed to 4.1%, tied for the highest level since October 2021 and providing a conflicting sign for Federal Reserve officials weighing their next move on monetary policy. The forecast had been for the jobless rate to hold steady at 4%. (cnbc )
Treasury Yields Sink as Jobs Bolster Fed-Cut Bets: Markets Wrap (bloomberg )
Goldman Sachs upgrades UK growth forecast after huge Labour election win (cnbc )
Fed Minutes Show Officials Still On Fence With Rates (barrons )
Cathie Wood Growth Plays Stumble Against Value (barrons )
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls. (marketwatch )
Jobless Claims Rise More Than Expected. It’s Another Sign of a Cooling Labor Market. (barrons )
Ford’s Electrified Vehicle Sales Stay Hot. The Stock Is Warming Up. (barrons )
Alibaba Share Repurchase Update as of June 30, 2024 (alibabagroup )
Susquehanna Upgrades PayPal (NASDAQ:PYPL) to “Positive” (marketbeat )
Alibaba Reports $26 Billion In Buybacks Left, Hong Kong Outperforms (chinalastnight )
Alibaba’s Taobao adds 1-hour delivery short cut in race against ByteDance, JD.com (scmp )
Fed’s Goolsbee makes case for rate cut in coming months, citing ‘warning signs’ of a slowdown (marketwatch )
Powell Talks Up Progress, Putting Rate Cuts Back Into View (wsj )
Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight (nytimes )
PayPal upgraded, Crowdstrike downgraded: Wall Street’s top analyst calls (thefly )
Nvidia Stock Is Down Again. Why AI Chip Exports to China Remain a Problem. (barrons )
12 Stocks to Buy Before the Fed Cuts Rates (barrons )
Constellation Brands Stock Is Rising After Earnings. What We Know. (barrons )
Value Stocks Have Been on the Junk Heap. They’re Due for a Pop. (barrons )
Stock market’s upcoming earnings season may delay ‘overdue’ pullback for S&P 500, says LPL (marketwatch )
China leading generative AI patents race, UN report says (reuters )
The Underground Network Sneaking Nvidia Chips Into China (wsj )
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says (marketwatch )
ADP says 150,000 private-sector jobs created in June, smallest gain in five months (marketwatch )
ADP Payrolls Disappoint In June – 3rd Straight Monthly Decline In Additions (zerohedge )
Jobless claims — aka layoffs — rise to 238,000 and stay near one-year high (marketwatch )
Initial Jobless Claims Disappoint (Again), Continuing Claims Worst Since Dec 2021 (zerohedge )
Approval of Newest Alzheimer’s Drug Will Accelerate New Era of Treatment (wsj )
Why Beryl Is the Strongest Hurricane to Form This Early (wsj )
The S&P 500’s reliance on a few winning stocks is getting worse (marketwatch )
Biden’s LNG Export Ban Is Blocked (wsj )
Auto Sales Grew Slightly in Second Quarter (nytimes )
Home Affordability in the US Sinks to Lowest Point Since 2007 (bloomberg )
Homebuilders Cut on ‘Sluggish’ Housing Market, Florida Woes (bloomberg )
New York City Apartment Construction Is Grinding to a Halt (bloomberg )
MrBeast has his critics, but creator marketing experts explain why he’ll always come out on top (businessinsider )
Walt Disney numbers raised on ‘Inside Out 2’ strength (streetinsider )
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act (streetinsider )
2 Stocks Down 74% and 57.5% to Buy Right Now (yahoo )
Amazon’s international unit on track to swing into annual profit (ft )
China kicks off largest AI conference in Shanghai as tech rivalry with the US heats up (scmp )
Alibaba’s online flea market draws moonlighters seeking side income in brutal job market (scmp )
Chinese fintech giant Ant Group spins off database firm OceanBase, giving Alibaba a stake (scmp )
Chicago Fed’s Goolsbee on Interest Rates, Inflation, Unemployment (bloomberg )
1 Incredible Growth Stock Down 81% You’ll Regret Not Buying on the Dip (fool )
Euro zone inflation eases to 2.5% as core print misses estimate (cnbc )
5 Cheap Stocks Buying Back Shares at Reasonable Prices (barrons )
Advice from a ‘nervous and jumpy’ Wall Street bull as second half gets under way (marketwatch )
Fed’s Powell Takes the Stage With Other Global Bank Chiefs (barrons )
Tech Industry Wants to Lock Up Nuclear Power for AI (wsj )
A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals (wsj )
Gavin Newsom Hailed Within China After Biden’s Debate Troubles (bloomberg )
Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises (cnbc )
How Brad Jacobs Will Invest $4.5 Billion to Reshape Building Supplies (bloomberg )
Six Flags merges with Cedar Fair to become largest amusement park operator in North America (FoxBusiness )
Goldman: Hedge funds sold global equities at the fastest pace in two years in June (streetinsider )
Amazon’s international unit on track to swing into annual profit (ft )
China’s central bank announces treasury bond borrowing to stabilize market yields (cn )
Nvidia Stock Keeps Dropping. What’s Concerning the Market. (barrons )
The Mouse House Sets Sail With Timely Cruise Expansion (wsj )
Disney’s Pixar Notches First $1 Billion Film Since Barbie (barrons )
Why China’s Central Bank Could Become More Like the Fed (bloomberg )
Chewy Stock Is Soaring as Roaring Kitty Discloses Stake (barrons )
Boeing to Buy Supplier Spirit Aero in $4.7 Billion Deal (barrons )
Opinion: GameStop’s $2.1 billion stock sale taxes its shareholders and hurts the economy (marketwatch )
Amazon and Rivals Have an AI Power Problem. Here’s the Solution. (barrons )
Boeing Likely to Face Fraud Charges. What That Means. (barrons )
The Tyranny of Today’s Tipping (wsj )
Amazon, Built by Retail, Invests in Its AI Future (wsj )
Alibaba, BYD Use the Global Game to Reach New Customers (bloomberg )
Chinese factory activity up among smaller firms (reuters )
China’s central bank moves to address bond frenzy (ft )
China’s stock index climbs out of 4-month low after June’s factory data beat forecasts (scmp )
Monetary conditions are returning to normal (scottgrannis )
Vietnam Q2 GDP Growth Strongest in 7 Quarters (tradingeconomics )
Why the Fed must change how it targets inflation (ft )
Whole Foods is cutting prices and ditching its ‘Whole Paycheck’ aura to appeal to inflation-weary shoppers (fortune )
Boeing could have a corporate monitor under an expected settlement with the Justice Department to resolve potential charges (fortune )
Only 49 companies have been on the Fortune 500 for all 70 years. Here are their secrets to staying in power (fortune )
The 25 Most Expensive Homes in the World for Sale (robbreport )
Bentley’s New Continental GT Speed Is Here, and Its Design Has Already Wrankled Enthusiasts (robbreport )
What It’s Like to Stay at Mango House, a Serene Hotel in Seychelles (robbreport )
The 17 Most Beautiful Skylines in the World (architecturaldigest )
111 West 57th Street: Everything You Need to Know About the World’s Skinniest Skyscraper (architecturaldigest )
Amazon hires founders away from AI startup Adept (techcrunch )
This $68 Million Property Is Fit For A Supervillain. Take A Peek Around (digg )
How American Entrepreneurs Helped Open up China’s Economy (bloomberg )
One of the Hottest Trades on Wall Street, an Etymological Study (bloomberg )
Inflation Cools After Months of Stagnation (barrons )
10 Undervalued Wide-Moat Stocks (morningstar )
EU Asked Temu, Shein to Show Compliance With Services Act (bloomberg )
Nice Is Quietly Becoming the Coolest Destination on the French Riviera (wsj )
5 Stocks to Buy Before the Fed Cuts Interest Rates in 2024 (morningstar )
S. Airports Keep Setting New Daily Passenger Records. Here’s Why. (wsj )
This ‘Achingly Cool’ California Steakhouse Has Been a Hollywood Favorite Since 1967 (wsj )
Costco plans to build 800-unit apartment complex in bid to ease housing crisis (nypost )
US banks announce dividend payouts after passing Fed’s ‘stress tests’ (ft )
IMF warns US must ‘urgently’ address debt burden (ft )
10 Best Cyclical Stocks to Buy Now (morningstar )
Nike’s Biggest Drop on Record Puts Pressure on CEO Donahoe (bloomberg )
Boeing in Talks with DOJ to Resolve Charges Over Safety Lapses (bloomberg )
Why nearly half of EV owners want to switch back to gas (businessinsider )
Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology (cnbc )
Opinion: Buffett partner Charlie Munger kept these rules about investing and life that you can use too (marketwatch )
Boeing Starliner crew not stranded in space, says NASA, but no date set for return (marketwatch )
Why aren’t there more Warren Buffetts? (morningstar )
Five stocks power US markets to 14% gain for first half of 2024 (ft )
The Aston Martin Valiant Is An F1 Driver’s Dream Supercar (maxim )
China Announces Key Reform Meeting, Emphasizing Party Leadership (bloomberg )
Japan Will Take Appropriate Action Against Excessive Yen Moves, Finance Minister Says (wsj )
PBOC Vows to Satisfy People’s Housing Needs As Downturn Drags On (bloomberg )
Howard Marks – Co-founder of Oaktree | Podcast | In Good Company | Norges Bank Investment Management (youtube )
Hedge Funds Have Sold Tech and Consumer Stocks, While Buying Banks and Energy, Says Goldman (barrons )
After 40 Years, a Tech Columnist Says Farewell. But First, One More Thing. (barrons )
REITs Had a Terrible First Half. It’s Time for a Turnaround. (barrons )
Larry Summers Says the Economy Looks Healthy, and AI Should Bring ‘Profound’ Change (barrons )
China’s Third Plenum Will Showcase the Country’s Contradictions (barrons )
You Might Be Buying Your House at the Top of the Market (wsj )
Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service (wsj )
Nike’s Slow Recovery Is Testing Investors’ Patience (wsj )
Beijing Falls in Line With Other Top Chinese Cities to Help Home Buyers (wsj )
Trucking Experts Project Spinoff of FedEx’s Freight Business (wsj )
Ultimate Status Symbol: A $300,000, Souped Up Land Rover Defender, Warts and All (wsj )
Alibaba Cloud is set to build new facilities in Mexico, Malaysia, the Philippines, Thailand and South Korea over the next three years (scmp )
U.S. banks are in a good and resilient place, says Wells Fargo’s Mike Mayo (cnbc )
Chinese Stocks Are in a Rut. How These Policy Meetings Could Change That. (barrons )
AMZN Market Cap Pushes Further Past $2 Trillion. A Temu Move May Keep It Rising. (barrons )
Amazon Plans New Discount Service to Take On Chinese Rivals (wsj )
Boeing Said Cleared to Resume Wide-Body Jet Deliveries to China (bloomberg )
This Company Helped Bryson DeChambeau Perfect His Stroke (cheddar )
GXO | Apptronik (youtube )
Boeing Doesn’t Want to Say This About Recent Problems. But It Should. (barrons )
Micron Beats Q3 Targets, But In-Line Outlook Disappoints (investors )
Nike Is on Brink of Recovery. Today’s Earnings Are a Test. (barrons )
Bank woes in commercial real estate could ease with rate cuts, says Moody’s (marketwatch )
Big Banks Can Withstand Disaster Scenario, Fed Says (barrons )
First-quarter GDP grew a soft 1.4%, but the economy might have more ‘spring’ in its step (marketwatch )
LVMH’s Arnault on How He Built an Empire of Opulence (bloomberg )
Boeing Sees Fewer Fuselage Defects, Helping Lift Productivity (bloomberg )
China sets mid-July for key ‘Third Plenum’ meeting to discuss ‘deepening reform’ (cnbc )
Disney releases details about its new cruise in Singapore (cnbc )
Japanese yen hits weakest level against dollar since 1986, reigniting intervention speculation (cnbc )
Disney is about to change your theme park experience with new line-skipping passes (foxbusiness )
Alibaba taps China’s top AI start-ups to boost enterprise offerings (scmp )
Open AI’s Loss Is China AI’s Gain, Hong Kong Buyback Bonanza, Beijing Lifts Home Buying Restrictions (chinalastnight )
Fed’s Bostic still backs one rate cut this year (marketwatch )
