After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track? (ft)
Jacobson noted some of the company’s third-quarter outperformance was assisted by the automaker pulling ahead some truck production from the fourth quarter, which represented a $400 million boost in adjusted earnings. (cnbc)
Opinion: The stock market is ready for its melt-up as investors ignore growing risks (marketwatch)
The Wall Street Veteran Leading Disney’s Search for Iger’s Replacement (wsj)
Tim Cook on Why Apple’s Huge Bets Will Pay Off (wsj)
China’s Capital Inflow Jumps in September as Firms Shift to Yuan (bloomberg)
China’s home sales gain momentum as stimulus repairs confidence (scmp)
Mainland Investors Cheer Loan Prime Rate Cut (chinalastnight)
Chinese share buybacks hit record high as Beijing steps up support (ft)
In September, incentive spending rose modestly to 7.3% of the average transaction price ($3,522), according to the latest measure from Kelley Blue Book, up from 7.2% in August and well above the 4.8% reported one year ago. At this time in 2019, the market saw incentives at 10.3% of the average transaction price, suggesting there is still room to go if the going gets tough. (coxautoinc)
Intel delivers first Panther Lake CPU sample to Lenovo amid security review claims from China (technode)
HSI Co.: BABA-W To be Added to Hang Seng Stock Connect Hong Kong Index, Hang Seng SCHK China Technology Index (aastocks)
Boeing Stock Is Rising. More Cash Means a Stronger Balance Sheet. (barrons)
Exclusive: China May Add 6 Trillion Yuan ($843B USD) in Treasury Bonds to Buttress Economy (caixinglobal)
Boeing Stock Fell. Why Analysts Are Still Backing Shares. (barrons)
Brendan Ahern, CIO at KraneShares, highlights China’s recent stimulus efforts, noting the need for more details, especially on boosting domestic consumption. (cnbc)
Starbucks scales back discounts as new CEO seeks turnaround (foxbusiness)
Charles Payne: As the market rises you will hear more bubble warnings (foxbusiness)
Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day (scmp)
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower (marketwatcch)
Google orders small modular nuclear reactors for its data centres (ft)
Stuart Varney: Elon Musk ‘opens the door to a new era in space exploration’ (foxbusiness)
CEOs and Analysts Are at Odds About S&P 500’s Earnings Outlook (bloomberg)
Smaller-Cap Stocks Can Fill the Mag 7 Market Void. 4 to Play. (barrons)
China Says It Has a Big Stimulus Coming—But Still Won’t Say How Big (wsj)
What if Warren Buffett had faced Kamala Harris’s unrealized-capital-gains tax from the outset? Here are the numbers. (marketwatch)
6 Dividend Stocks to Buy—Once Tax-Loss Season Is Over (barrons)
Nike tries to get back in the race as sneaker sales gather pace (ft)
Alibaba’s Lazada courts Armani, D&G to fend off Shopee, TikTok (scmp)
CSRC Chairman Wu Qing will give a speech at the 2024 Financial Street Forum Annual meeting on October 18th in Beijing. He is expected to speak to the “Nine National Measures” supporting corporate governance, including Chinese companies paying dividends and buying back stock. (chinalastnight)
The Bull Market Has Lasted 2 Years. Is It Just Getting Started? (barrons)
