Category: What I’m Reading Today

Be in the know. 30 key reads for Sunday…

  1. A Trader’s Guide on What to Watch at China’s Policy Meeting. Potential beneficiaries include consumption and tech stocks. (bloomberg)
  2. 2 Under-Performing Stock Market Indices Eye Fibonacci Breakouts (kimblechartingsolutions)
  3. Israel has ‘basically signed on’ to a ceasefire, US official says (ft)
  4. It’s Me, Hi, I’m the Problem. I’m 33. (nytimes)
  5. OPEC+ Agrees to Extend Supply Curbs to End of Q2: Delegates (bloomberg)
  6. Ozempic is coming for gyms. Here’s how they’re responding (cnn)
  7. The United States remained the largest liquefied natural gas supplier to Europe in 2023 (eia)
  8. Tom Gayner 2023 Annual Shareholder Letter (Markel)
  9. Michael Mauboussin on increasing returns to scale (ft)
  10. Corporate Ozempic (profgalloway)
  11. The 10 Best Companies to Invest in Now (morningstar)
  12. Ex-2020 S&P 500 Flatter Election Year March (almanactrader)
  13. Rolls-Royce Unveils The Arcadia Droptail: A Coachbuild Commission (forbes)
  14. Decabillionaire Dynasties: These Are The Richest Families In America (forbes)
  15. Michigan Consumer Sentiment Moves Sideways in February (advisorperspectives)
  16. The Classic Ferrari Testarossa Is More Coveted Than Ever (maxim)
  17. Elon Musk Says New Tesla Roadster Will Actually ‘Fly’—And Hit 60 MPH In Under 1 Second (maxim)
  18. What It’s Like to Staff the Home of a Billionaire (thecut)
  19. Meet Europe’s answer to the ‘Magnificent 7’—the high-flying ‘Granolas’ that Goldman Sachs is betting will prosper in the continent’s flatlining economy (fortune)
  20. Bugatti Just Unveiled a New V-16 Engine for Its Next Hypercar (robbreport)
  21. 15 Most Beautiful Cities in Europe That Everyone Should See Once (architecturaldigest)
  22. Biltmore Estate: Everything to Know About America’s Largest Home (architecturaldigest)
  23. Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home (techcrunch)
  24. Alibaba co-founder Joe Tsai declares company is “back” as top player (technode)
  25. How to master the art of small talk (vox)
  26. Wendy’s pricing mind trick and other indicators of the week (npr)
  27. Dumb Money Almost Back To Even, Making The Same Mistakes (ria)
  28. How Stephen Curry Built a Billion-Dollar Business Empire (inc)
  29. Would You Pass the Larry David Litmus Test? (townandcountrymag)
  30. Max Verstappen Runs Perfect Race, Wins F1 Season Opener at Bahrain (roadandtrack)

 

Be in the know. 10 key reads for Saturday…

  1. China’s Coming ‘Two Sessions’ Put Plans to Jumpstart Economy in the Spotlight (wsj)
  2. How Larry Culp Saved GE by Breaking It Up (barrons)
  3. Ozempic Could Power the Nation’s GDP, Goldman Says (barrons)
  4. UPS Stock Failed to Deliver in 2023. Now It’s Time to Buy. (barrons)
  5. The Friendship With Warren Buffett That Led to Her $1 Billion Donation (wsj)
  6. Nvidia CEO predicts AI will be able to pass ‘every single test’ in five years, as firm hits $2T milestone (nypost)
  7. Gaza Cease-Fire Talks to Resume in Egypt on Sunday, Reuters Says (bloomberg)
  8. Eurozone Inflation, at 2.6%, Continues to Ease (nytimes)
  9. David Snyderman on Specialty Finance and Data in Investing (bloomberg)
  10. Guggenheim’s Millstein Says US Banks Are Sound Amid NYCB Tumult (bloomberg)

Be in the know. 21 key reads for Friday…

  1. 2-year bond yield indicates Fed should cut rates, says NFJ Investment’s John Mowrey (cnbc)
  2. Now seeing signs of equity market rally broadening out, says JPMorgan’s Santos (cnbc)
  3. How Larry Culp Saved GE by Breaking It Up (barrons)
  4. GM’s CEO on EVs, Cruise, China, and More (barrons)
  5. Alibaba Cuts China Cloud Prices to Rekindle Division’s Growth (wsj)
  6. Small-caps are poised for a nice run after two tough years, says Goldman’s Greg Tuorto (cnbc)
  7. Hormel Foods CEO Jim Snee goes one-on-one with Jim Cramer (cnbc)
  8. Ant Group to Continue to Enhance Payment Service, Introduce More Services for Foreign Users (aastocks)
  9. Billionaire Fertitta Buys $450 Million Texas Mall From JPMorgan (bloomberg)
  10. China’s February LNG Imports Climb to Highest Ever for the Month (bloomberg)
  11. Hong Kong Property Agent’s 30% Jump May Extend as Buyers Return (bloomberg)
  12. China’s factory activity shrinks for 5th month, raises pressure for more stimulus (reuters)
  13. China Banks Approve $28 Billion Loans for Property Market (bloomberg)
  14. 1 of the Greatest Dividend Stocks Is Down 45% and Now Trades at a Once-in-a-Decade Valuation. Is It Finally a Buy Again? (fool)
  15. ‘Worst is over’ for Hong Kong property even though sales dropped in February: analysts (scmp)
  16. Buy These 7 Dividend Aristocrats for Huge 2024 Passive Income (247wallst)
  17. Stocks can still rise even as momentum signals suggest caution, history finds. (marketwatch)
  18. AI is fueling a gold rush in new data centers, the hottest buildings in real estate (marketwatch)
  19. This Firm Supplies Clean Power to AI Tech Companies. The CEO Wants More Credit. (barrons)
  20. This biotech ETF sees ‘breakout’ (marketwatch)
  21. Xi’s One-Man Rule Over China’s Economy Is Spurring Unrest (bloomberg)

Be in the know. 25 key reads for Thursday…

  1. Hormel’s stock surges as Planters nuts strength helps fuel an earnings beat (marketwatch)
  2. “As the biggest cloud service provider in China and APAC, we see tremendous growth prospect of China’s digital market,” said Liu Weiguang, president of public cloud business at Alibaba Cloud Intelligence. “That’s why we decide to launch the price reduction campaign to lower the threshold of cloud services for more enterprises and developers to reap the technological dividends and accelerate the adoption of advanced public cloud services across various industries in China,” said Liu. (cnbc)
  3. China’s Superlong Bond Extends Rally as Policy Easing Bets Grow (bloomberg)
  4. China Politburo Vows to Meet Growth Targets Amid Slow Recovery (bloomberg)
  5. Chinese firms step up hiring, but tight-fisted on pay (reuters)
  6. Is There an AI Bubble? The Nifty Fifty Show It Isn’t That Simple (wsj)
  7. Apple Investors Grow Impatient on AI (wsj)
  8. San Francisco Poised to Start Drug-Testing Welfare Recipients (wsj)
  9. He Got Bored. Built an Empire. Then Cracked the Formula for the World’s Fastest Sport. (wsj)
  10. Frackers Are Now Drilling for Clean Power (wsj)
  11. Warehouse Boom Fades, and the Hopes of a California Region Fade With It (wsj)
  12. Welcome to the Era of BadGPTs (wsj)
  13. Baidu Posts Record Revenue Amid Search for New Growth Engines (wsj)
  14. Warren Buffett Drops Investing Advice in Latest Shareholder Letter — ‘I Can’t Remember A Period Since March 11, 1942 … That I Have Not Had A Majority Of My Net Worth In Equities’ (benzinga)
  15. How to Spot Cheap Stocks—and Avoid ‘Value Traps’ (barrons)
  16. The Election Is Coming. These Stock Sectors Tend to Perform Best. (barrons)
  17. These 10 Lenders Have Bet the Bank on Commercial Real Estate. Here’s How They’re Holding Up. (barrons)
  18. Bond Yields Aren’t Far From Their Highs. Now Might Be the Time to Buy. (barrons)
  19. Biotech Stocks Are on a Tear. They Could Keep Climbing. (barrons)
  20. Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago (cnbc)
  21. The initiative seeks to ‘lower the threshold of cloud services for more enterprises and developers’ in China, where AI projects are driving demand. Alibaba Cloud’s latest initiative reflects the market opportunity to address growing demand for high-performance computing resources on the mainland, where AI development efforts have rapidly expanded amid Washington’s sanctions on the export of advanced semiconductors to the country. (scmp)
  22. Mainland China Has One Of Its Best Trading Days EVER (chinalastnight)
  23. Tech companies cash in on ‘frothy’ stock rally with convertible bond sales (ft)
  24. Amazon to invest in start-ups that combine AI with robotics (ft)
  25. The market rally has been largely driven by AI-related stocks, says Bespoke Investment’s Paul Hickey (cnbc)

 

Be in the know. 15 key reads for Wednesday…

  1. Advance Auto’s stock rises after upbeat guidance for 2024 (marketwatch)
  2. Food Stocks Are Super Cheap, and Could Rally (barrons)
  3. eBay Stock Rallies as Earnings and Guidance Top Estimates (barrons)
  4. This AI Stock Looks Like a Real Bubble. How to Profit When Super Micro Pops. (barrons)
  5. Apple Killed Its Car Project. Tesla’s Stock Barely Budged. (barrons)
  6. Shutdown Fears Fade After White House Meeting (wsj)
  7. The Gigantic Rookie Bringing Fighting Back to Hockey (wsj)
  8. Disney Creates $8.5 Billion Streaming Alliance in India (bloomberg)
  9. How Much Wealth You Need to Join the Richest 1% Around the World (bloomberg)
  10. S. economy’s growth rate in the fourth quarter downgraded to 3.2%, GDP report shows (marketwatch)
  11. BofA expects ‘strong refresh cycle’ for iPhone in coming years (streetinsider)
  12. China props up renminbi ahead of leadership summit in March (ft)
  13. Alphabet would be dramatically higher if it was willing to embrace efficiency, says Jim Cramer (cnbc)
  14. The global cutting cycle is here, says Goldman Sachs’ Alexandra Wilson-Elizondo (cnbc)
  15. Gross Domestic Product, Fourth Quarter and Year 2023 (Second Estimate) (bea)

Be in the know. 12 key reads for Tuesday…

  1. Opinion: Expect this ‘Roaring 2020s’ market to keep stocks up and bring inflation down (marketwatch)
  2. China’s State-Backed Funds Have Bought $57 Billion of Stocks, UBS Says (bloomberg)
  3. Are We in a Productivity Boom? For Clues, Look to 1994. (nytimes)
  4. This Steakhouse Stock Is a Rare Find. It’s Primed for Gains. (barrons)
  5. Norwegian Cruise Stock Is Sailing Higher After Earnings. Demand Is at Record Levels. (barrons)
  6. Whirlpool Seeks to Boost Returns, Maintain 6.5% Dividend (barrons)
  7. Investors Flock Back to Biotech After a Long, Cold Spell (wsj)
  8. Fed Rate Cuts Are Likely to Be Slow — But Not Necessarily Steady (bloomberg)
  9. Office Tower Deal for $1 Reveals Anxiety Among Longtime Buyers (bloomberg)
  10. Alibaba’s $1B Bet on AI Start-Up Moonshot Marks Major Push into Generative Tech (benzinga)
  11. *G Sachs: BABA-SW Re-igniting E-commerce & Cloud Growth, Aiming Stable Profits & Shareholder Returns (aastocks)
  12. LNG Demand Will Surge 50% in Next Decade, Woodside CEO Says (bloomberg)

Be in the know. 17 key reads for Monday…

  1. After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’ (cnbc)
  2. Alibaba chairman Joe Tsai says e-commerce giant is set to bounce back: CNBC (scmp)
  3. Geoff Seeley Joins PayPal as Chief Marketing Officer (paypal)
  4. Investors Flock Back to Biotech After A Long, Cold Spell (wsj)
  5. China de-linking talk is overdone and it’s still key to the global economy, Asian Development Bank says (cnbc)
  6. US Chamber Chief Visits China in Sign of Warming Business Ties (bloomberg)
  7. Jack Ma’s Ant Group piles into fight with Citadel for Credit Suisse’s Chinese business: report (marketwatch)
  8. New Cars Are Becoming More Affordable. That’s Good for Buyers and Auto Stocks. (barrons)
  9. China Is Stockpiling for the Next Phase of the Chip Wars (wsj)
  10. Beijing Needs A Second Act After Rebound In Stocks (zerohedge)
  11. CEOs showing big interest in AI, former AOL CEO says (foxbusiness)
  12. German pharma group finds no unexpected side effects during trial, including at higher doses (ft)
  13. Weight-Loss Drugs Have One Big Problem. These Drugmakers Are Taking It On. (investors)
  14. GM returns to France with fully-electric Cadillac Lyriq (reuters)
  15. China State Firm Sells Bonds to Help Fund LGFV in Rare Move (bloomberg)
  16. China Protest Watcher Says Police Questioning His X Followers (bloomberg)
  17. Opinion: 9 stock tips hiding in Warren Buffett’s latest letter to Berkshire shareholders (marketwatch)

Be in the know. 16 key reads for Sunday…

  1. I Read All 59 of Warren Buffett’s Annual Letters. These Are the Best Parts. (wsj)
  2. ASOS: The Return Grift Is Over (thecut)
  3. March: Historically Solid, but Plagued by Steep Losses in Election Years 1980 & 2020 (almanactrader)
  4. Korean Stocks Have a New Driver: The Government (wsj)
  5. Natural Gas Hasn’t Been This Cheap in Decades (wsj)
  6. Meet the Former CFO Who Thinks He Can Fix Disney (wsj)
  7. He Made $36 Million From LIV Golf. He’s Spending It on Bull Riding. (wsj)
  8. Inside Yo Gotti’s $100 Million Music Empire (forbes)
  9. Dozens Of KFC, Taco Bell And Dairy Queen Franchises Are Using AI To Track Workers (forbes)
  10. 14 Best Beaten Down Stocks To Buy Right Now (insidermonkey)
  11. Weekly Leading Economic Index (advisorperspectives)
  12. Aston Martin’s 2025 Vantage Is A Stylish Speed Demon (maxim)
  13. Nvidia Hardware Is Eating the World (wired)
  14. An oil boom, a property slump and dental deflation (npr)
  15. We Put a Lamborghini Miura in a Wind Tunnel to See How Far Supercar Aero Has Come (roadandtrack)
  16. Lunar New Year Spending Rebounds; China Box Office Record and AI Gives Gifting an Upgrade (alizila)

Be in the know. 15 key reads for Saturday…

  1. Charlie Munger – The Architect of Berkshire Hathaway (berkshirehathaway)
  2. Berkshire Annual shareholder letter (berkshirehathaway)
  3. Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute (cnbc)
  4. Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup (bloomberg)
  5. “Berkshire now has – by far – the largest GAAP net worth recorded by any American business,” Buffett said in the annual letter. “Record operating income and a strong stock market led to a year-end figure of $561 billion. The total GAAP net worth for the other 499 S&P companies – a who’s who of American business – was $8.9 trillion in 2022.” (bloomberg)
  6. Opinion: Nvidia is the ‘Magnificent One’ now — but these rivals are closing in (marketwatch)
  7. It would not be surprising “if China stocks staged a bit more of a rally here,” Chris Wood, global head of equity strategy at Jefferies Financial Group Inc., wrote in a note this week. “For those investors who have conviction on particular bottom-up stories, it makes sense to add here since stocks are clearly cheap.” (bloomberg)
  8. The Best Technology Stocks to Buy (morningstar)
  9. Undervalued by 40%, This Stock Is a Buy for High-Risk Investors (morningstar)
  10. Michael Mauboussin on increasing returns to scale (ft)
  11. Michael Mauboussin – Pattern Recognition and Public Markets (EP.370) (podcast)
  12. Berkshire Hathaway’s Charlie Munger Was a Journalist’s Dream: He Never Held Back (barrons)
  13. Opinion: The ‘cardboard-box’ recession is over. An out-of-the-box economic recovery is coming. (marketwatch)
  14. A growing number of stocks are joining the market’s rally — even as Big Tech still gets the most attention (marketwatch)
  15. The AI boom of today and the telecom bubble of 1990s share these similarities (marketwatch)

Be in the know. 20 key reads for Friday…

  1. PBOC Tries to Get ‘More Bang for the Buck’ With Surprise Moves (bloomberg)
  2. A Florida Grudge Match Splits the World’s Richest Car Collectors (bloomberg)
  3. China’s Central Bank Tries to Catch Markets Off Guard With Surprise Easing (bloomberg)
  4. China Recovery Bets Grow on Beijing’s Moves to Stem Stock Rout (bloomberg)
  5. Nvidia Is a Must-Buy. Or Is It? (nytimes)
  6. China’s Xi Seeks to Boost Auto, Appliance Sales in Consumer Push (bloomberg)
  7. Lotus Technology Cars Are Legit. We Drove One. (barrons)
  8. Goldman Sachs’s Chief Economist Has Nailed Big Calls. Here’s His Next One. (wsj)
  9. Moderna Is Pivoting From Covid—the Results Are on Their Way (wsj)
  10. Goldman Pushes Back Bet on First Fed Interest-Rate Cut to June (bloomberg)
  11. T-Bills Without Tax Bills? This Fund Says It Cracked the Code (bloomberg)
  12. Luxury’s Earnings Season Proved to Be a Game Changer, Citi Says (bloomberg)
  13. Intel’s Revival Hinges on Nvidia, AMD Extending a Helping Hand (bloomberg)
  14. Nothing Goes Up Forever. This Rule Will Tell You When To Sell Nvidia Stock. (investors)
  15. Wall Street keeps likening Nvidia to dot-com-era Cisco. Is the comparison justified? (marketwatch)
  16. 2 Natural-Gas Stocks That Will Benefit From Tightened Supply (barrons)
  17. China’s Stock-Sale Ban Eases Path to Propping Up Reeling Markets (wsj)