Be in the know. 22 key reads for Wednesday…

  1. Alibaba’s Hong Kong primary listing can be magnet for China’s 210 million investors (scmp)
  2. Softer US Inflation, Retail Data Offer Fed Some Leeway (bloomberg)
  3. China Considers Government Buying of Unsold Homes to Save Property Market (bloomberg)
  4. Alibaba, Tencent beat forecasts with strong results, a harbinger of China’s improving corporate earnings as economic growth takes root (scmp)
  5. Fiscal Bazooka: China Considers Buying Millions Of Homes To Save Property Market (zerohedge)
  6. JPMorgan’s Jamie Dimon Calls For ‘Full Engagement’ With China (bloomberg)
  7. Google’s I/O Event Kicks Off With Promise of More AI (barrons)
  8. The Super Rich Are Eating Out, but Families Aren’t. Restaurants Are Starving. (marketwatch)
  9. Is it worth it to own Treasurys right now? These 5 charts might hold the answer. (marketwatch)
  10. Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine (wsj)
  11. He Quit Wall Street to Coach Ivy League Tennis—and Built a Columbia Powerhouse (wsj)
  12. How China Rose to Lead the World in Cars and Solar Panels (nytimes)
  13. Why Is Car Insurance So Expensive? (nytimes)
  14. Cramer: Ford and GM are winners after Biden raises tariffs on Chinese imports (cnbc)
  15. The S&P 500 just flashed a bullish signal that suggests the stock market will hit record highs this summer (businessinsider)
  16. AI Is Electrifying These Power Producers’ Shares (wsj)
  17. NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround (marketwatch)
  18. Traders Ramp Up Bets in Options Market on Large ECB Rate Cuts (bloomberg)
  19. PBOC Rolls Over Policy Loan With Growth, Currency on Mind (bloomberg)
  20. Dollar hits one-month low against euro before US data, falls vs yen (streetinsider)
  21. OpenAI co-founder and chief scientist Ilya Sutskever departs (ft)
  22. Brazilian government ousts Petrobras chief after dispute over dividends (ft)

Be in the know. 16 key reads for Tuesday…

  1. China’s Alibaba beats quarterly revenue estimates (up 7% yoy),  profit drops primarily due to valuation changes from equity investments (reuters)
  2. Alibaba sees most profitable year since 2021 amid a refocus on e-commerce, AI businesses and rising competition at home (scmp)
  3. Alibaba sees AI traction.  “During the quarter, our core public cloud offerings, which include products such as elastic compute, database and AI products, recorded double-digit year-over-year growth in revenue,” Alibaba said.  Alibaba’s board of directors has approved a dividend consisting of two parts. This includes an annual cash dividend of $1.00 per ADS and a “one-time extraordinary cash dividend” of 66 cents per ADS. (marketwatch)
  4. BofA Strategist Hartnett Warns Stock Rally Is Exposed to Stagflation Risk (bloomberg)
  5. BofA’s Moynihan Talks US Economy, Lending and M&A (bloomberg)
  6. BABA-SW (09988.HK) Expects to Finish Conversion to Dual Primary Listing in HK by End-Aug 2024 (aastocks)
  7. Alphabet to spotlight AI innovations at developer conference (reuters)
  8. The Fed Depends on Data but Numbers Are Getting Shakier. That’s a Problem. (barrons)
  9. Berkshire Hathaway’s Mystery Stock Purchase Could Be Revealed on Wednesday (barrons)
  10. Wholesale inflation surges again, PPI shows. Takeaway: Inflation remains sticky. (marketwatch)
  11. Money managers are more bullish than at any point since November 2021, survey shows (marketwatch)
  12. Temu Cools on the U.S. After Shelling Out Billions (wsj)
  13. What’s on TV? For Many Americans, It’s Now YouTube (wsj)
  14. Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data (wsj)
  15. The UK Is No Longer the Most Hated Market (bloomberg)
  16. Israel’s Once-Dominant Drugmaker Is Revived by Innovation (wsj)

 

Be in the know. 30 key reads for Monday…

  1. China fires starting gun on $140bn debt sale to boost economy (ft)
  2. How Alibaba is leading the evolution of online luxury shopping (scmp)
  3. 1 Growth Stock Down 75% to Buy Right Now (fool)
  4. China to Start $138 Billion Bond Sale on Friday to Boost Economy (bloomberg)
  5. Japan Will Likely Restart World’s Biggest Nuclear Plant This Year, BNEF Says (bloomberg)
  6. Temu Cools on the U.S. After Shelling Out Billions (wsj)
  7. Japan on track to normalise monetary policy, says ruling party heavyweight (reuters)
  8. China Takes Advantage of Cheap Gas and Coal to Rebuild Stocks (bloomberg)
  9. Intel Nears Deal With Apollo for $11 Billion Ireland Partnership (wsj)
  10. 3 Reasons to Buy GXO Logistics Stock Now (fool)
  11. Wall Street Turns Up the Heat on Companies to Perform (wsj)
  12. Investors Crowd Into Soft-Landing Trade Ahead of Inflation Data (wsj)
  13. Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed. (wsj)
  14. Wall Street Turns Up the Heat on Companies to Perform (wsj)
  15. The Secret to Talking to an AI Chatbot (wsj)
  16. How AI Has Already Begun to Change These Workers’ Jobs (wsj)
  17. Will AI Be a Job Killer? Call Us Skeptical (wsj)
  18. A Beginner’s Guide to Using AI: Your First 10 Hours (wsj)
  19. Why You Need to Tell an AI Chatbot It Has to Do Better (wsj)
  20. April CPI: Goldman Sachs expects in-line inflation figures (streetinsider)
  21. GS: Unprofitable growth stocks to remain under pressure from higher interest rates (streetinsider)
  22. China, Hong Kong enhance Swap Connect scheme in time for its 1st birthday, easing access to mainland interbank derivatives (scmp)
  23. Hong Kong stocks: index hits 9-month highs, tops 19,000 on earnings optimism and policy support hopes (scmp)
  24. Can Europe’s economy ever hope to rival the US again? (ft)
  25. US and China to hold first talks to reduce risk of AI ‘miscalculation’ (ft)
  26. Hong Kong, mainland China tax waivers a ‘win-win’ for capital markets’ development, experts say (scmp)
  27. Meredith Whitney Advisory Group CEO: Proposed mortgage reform is a ‘massive game changer’ (cnbc)
  28. PayPal Business Cashback Mastercard review — Helpful perks with a simple rewards program (yahoo)
  29. One stock is dragging down the S&P 500’s earnings growth (yahoo)
  30. China’s visa-free policy ignites European enthusiasm, enhances exchanges (peoplesdaily)

Be in the know. 13 key reads for Mother’s Day…

  1. Alibaba leverages cloud business to become a leading AI investor in China (UNLOCKED LINK) (financialtimes)
  2. Alibaba Cloud’s Qwen LLM Tops 90,000 Enterprise Clients in First Year (alizila)
  3. Alphabet Bought Up Two Slumping Stocks (barrons)
  4. Stubbornly High Rents Prevent Fed From Finishing Inflation Fight (wsj)
  5. China to Nurture Stock Rally (bloomberg)
  6. Magic Pill — Johann Hari and the New “Miracle” Weight-Loss Drugs (timferriss)
  7. Charlie Munger and How Not to Invest (morningstar)
  8. Undervalued by 28%, This Stock Is a Buy for Patient Investors (morningstar)
  9. The 10 Best Dividend Stocks (morningstar)
  10. Will Japanese Yen Currency Rally From 40-Year Support? (kimblechartingsolutions)
  11. Zombie 2nd mortgages are coming back to life (npr)
  12. Living With the McLaren F1 (roadandtrack)
  13. Design Analysis – Why the Ferrari Testarossa became a superstar of the 1980s (classicdriver)

Be in the know. 20 key reads for Saturday…

  1. China’s consumer prices rise for third month, signaling demand recovery (cnbc)
  2. Hedge Funds That Sold In May Might Now Push Stocks To New Highs (zerohedge)
  3. Stocks Rally Pushes On With Fed Speakers in Focus (bloomberg)
  4. The ‘Fed Put’ Is Back, and That’s Great News for the Stock Market (barrons)
  5. Why Warren Buffett Hates Bonds (barrons)
  6. A Struggling Pfizer Looks for Help From a Wall Streeter (barrons)
  7. He Rebuilt Morgan Stanley. Now He’s Buying Disney Stock. (barrons)
  8. Life on the Edge: A Guide to the Newest Frontier in Computing (barrons)
  9. Howard Schultz Is Back-Seat Driving Starbucks. That’s a Problem for His Successor. (wsj)
  10. Jim Simons, billionaire hedge fund manager, math whiz and philanthropist, dies at 86 (nypost)
  11. The history of the iconic Lamborghini logo and badge (com)
  12. Apple Nears Deal With OpenAI to Put ChatGPT on iPhone (bloomberg)
  13. Consumer sentiment tumbles (cnbc)
  14. China’s Country Garden repays onshore coupons within grace period (yahoo)
  15. Generative AI Productivity Gains Will Come (institutionalinvestor)
  16. China tech is seeking growth in the Middle East (ft)
  17. Disney’s streaming success could point to next chief (ft)
  18. Hong Kong Gains, Zeekr Lists In US, Week in Review (chinalastnight)
  19. Earnings will make new record highs over the next few quarters, says Ed Yardeni (cnbc)
  20. Pininfarina Is Now Selling Bruce Wayne-Inspired Electric Hypercars (maxim)

Be in the know. 22 key reads for Friday…

  1. Alibaba says its AI models are used by 90,000 corporate clients in China (scmp)
  2. 3M Is Leaner and Ready to Grow. It’s Time to Buy the Stock. (barrons)
  3. China Property Stocks Surge as Home-Buying Easing Gains Momentum (bloomberg)
  4. PBOC May Trade Bonds to Shake Off Reliance on Banks, ANZ Says (bloomberg)
  5. Hong Kong Stocks Power to Nine-Month High on Dividends, Property (bloomberg)
  6. Public Companies Are Alive and Well (wsj)
  7. Profits Are Booming—and That’s Shielding the Economy (wsj)
  8. Buybacks Are Back: Corporate America Is on a Spending Spree (wsj)
  9. Stocks Rally Pushes On With Fed Speakers in Focus (bloomberg)
  10. The Dow Is a Terrible Index. But It Is Telling Us Something Important. (wsj)
  11. UK exits recession with fastest growth in nearly three years (reuters)
  12. Stocks Haven’t Had an Earnings Boost. Why It Will Come. (barrons)
  13. Small-Caps Are Stuck. How They Get Moving Again. (barrons)
  14. The surprising reason why utilities stocks have suddenly transformed into the hottest sector on Wall Street (marketwatch)
  15. Where does China’s production capacity come from? (peoplesdaily)
  16. Valuation levels for Chinese stocks are attractive, says Kinger Lau (cnbc)
  17. Fed’s Bostic says economy likely slowing, though rate-cut timing uncertain (reuters)
  18. Alibaba opens new global headquarters in China on annual family day (scmp)
  19. The US can do one big thing to weaken the dollar and put pressure on China (businessinsider)
  20. Why China’s tolerance for a cheaper currency may be temporary (reuters)
  21. Loonie Surges After Canada Job Gains Blow Past Expectations (yahoo)
  22. What should the BoJ do with its huge stock portfolio? (ft)

Be in the know. 15 key reads for Thursday…

  1. BOJ’s policy board becoming more concerned about effects of a weaker yen (marketwatch)
  2. China’s imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow (cnbc)
  3. Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.’ (marketwatch)
  4. UK’s FTSE 100 Outperforms in Europe as BOE Fuels Rate-Cut Bets (bloomberg)
  5. The Fed Is in a Holding Pattern. That Could Be Good for Stocks. (barrons)
  6. China’s foreign trade up 5.7 pct in first four months (peoplesdaily)
  7. China Mulls Dividend Tax Waiver on Hong Kong Stocks Connect (bloomberg)
  8. Hong Kong’s New Home Sales Hit Record High of $5.4 Billion (bloomberg)
  9. Chinese stocks hit 2024 highs on more property support, positive trade data (streetinsider)
  10. Solventum Reports Earnings. There Will Be No Dividend. (barrons)
  11. New Hertz CEO Bets $1 Million on the Battered Stock (barrons)
  12. Weekly jobless claims jump to 231,000, the highest since August (cnbc)
  13. Bruins-Panthers Game 2 ends in violence as David Pastrnak, Matthew Tkachuk fight during huge brawl: ‘Not afraid of him’ (nypost)
  14. ‘Seriously Underwater’ Home Mortgages Tick Up Across the US (bloomberg)
  15. Disney and Warner to Offer Bundle of Their Streaming Services (wsj)

Be in the know. 18 key reads for Wednesday…

  1. China rally hasn’t been chased by options traders, Bank of America says (marketwatch)
  2. Regional Bank Stocks Are Hated Again. It’s Time to Buy. (barrons)
  3. Media Mogul Byron Allen: This is just a speed bump for Disney, ‘Bob Iger is the best of the best’ (cnbc)
  4. The Fed has to cut because the economy is running out of gas, says Jim Cramer (cnbc)
  5. Stock buybacks hit highest level since 2018 (yahoo)
  6. Teva Pharmaceutical’s stock climbs as schizophrenia treatment shows promise (marketwatch)
  7. Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds (nytimes)
  8. Celebrities pay this NYC man big bucks to get them reservations at exclusive eateries (foxbusiness)
  9. US 30-Year Mortgage Rate Falls for First Time Since March (bloomberg)
  10. Intel flags revenue hit as U.S. revokes certain export licenses to Chinese customer (reuters)
  11. Ledecky’s 800m gold medal hopes boosted as McIntosh opts out (reuters)
  12. Chinese firms’ earnings to rebound amid a pickup in the economy: UBS (scmp)
  13. Alibaba seeks growth in Mongolia with marketplace selling Chinese goods (scmp)
  14. These are the potential ‘shock’ scenarios around next week’s inflation data, says Goldman Sachs (marketwatch)
  15. Sweden becomes second major central bank to cut rates (marketwatch)
  16. Bond King Bill Gross to Bond Funds: Drop Dead (barrons)
  17. 3 Restaurant Stocks That Are Vying to Be the Next Chipotle (barrons)
  18. Rents Set to Be Last Domino to Fall in Global Inflation Battle (bloomberg)

Be in the know. 15 key reads for Tuesday…

  1. Cooper Standard Reports Continuing Year-over-year Margin Improvement in First Quarter 2024, Sees Upside to Full-year Guidance (cooperstandard)
  2. China’s Ant Group doubles down on global expansion with cross-border payments offering Alipay+ (cnbc)
  3. 10-year Treasury yield heads for fifth day of declines after buyers emerge (marketwatch)
  4. Einhorn Says Markets Are ‘Broken.’ Here’s What the Data Shows. (bloomberg)
  5. Overseas institutions encouraged to invest in domestic tech companies (peoplesdaily)
  6. Chevron CEO says natural gas demand will outpace expectations on data center electricity needs (cnbc)
  7. Why Disney Stock Is Down After Earnings Topped Estimates (barrons)
  8. The Stock Market Is Recovering. Why It Could Keep Gaining. (barrons)
  9. Pfizer Is Adding a Wall Street Analyst to Its C-Suite. What He Thinks the Company Needs to Do. (barrons)
  10. American Wagyu Is Drawing in a New Breed of Investors as Demand Grows (barrons)
  11. ‘Green Shoots’ Grow Out of Control on Wall Street (wsj)
  12. Buy stocks in May because inflation is set to plunge through the rest of 2024, Fundstrat’s Tom Lee says (businessinsider)
  13. The streaming future Disney promised is finally here as cable TV decays (cnbc)
  14. 3M Cut Its Dividend: It’s Time to Buy the Stock (yahoo)
  15. Disney CFO Hugh Johnston on Q2 results, strength of consumer and streaming growth (cnbc)

Be in the know. 10 key reads for Monday…

  1. A Rising Yen Is Good for Stocks. Here’s Why. (barrons)
  2. China’s stock market has staged a big rebound that’s poised to push on, strategist says (businessinsider)
  3. Slower Hiring Boosts Hopes of a Late-Summer Rate Cut (wsj)
  4. Full recap of Warren Buffett’s comments at the Berkshire Hathaway annual meeting: ‘I hope I come next year’ (cnbc)
  5. Warren Buffett says Berkshire Hathaway is looking at an investment in Canada (cnbc)
  6. Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience (marketwatch)
  7. Boeing’s Starliner set for historic launch that will take two NASA astronauts into space (marketwatch)
  8. ECB rate cut case getting stronger, says chief economist Lane (reuters)
  9. Foxconn sees record April sales with 19% jump, offers positive Q2 outlook (scmp)
  10. China Stocks’ Rally Can Sustain for a Bit, Goldman Sachs Says (bloomberg)