Category: What I’m Reading Today

1. Exclusive: Engaged Capital gains support of VF heirs to shake up North Face owner (reuters)
2. US biotech fundraising boom ends two-year deal drought (ft)
3. Back-to-back! Chiefs rally in OT to win Super Bowl LVIII on Mahomes’ TD pass to Hardman (espn)
4. The 10 best undervalued small-cap stocks to buy now: Morningstar (businessinsider)
5. Despite the market rally, small caps got cheaper in January – BofA (streetinsider)
6. BofA’s Hartnett Says Stock Rally Close to Triggering Sell Signal (bloomberg)
7. 49ers’ bizarre OT coin flip decision comes back to bite them in Super Bowl 2024 (nypost)
8. Older Americans Are About to Lose a Lot of Weight (theatlantic)
9. Dolly Parton on How She Succeeds in Business (bloomberg)
10. An inflection point for the winning momentum trade is near, says top technical analyst (marketwatch)
11. This Is Where Record US Oil Production Is Actually Going (bloomberg)
12. 5 Military Negotiation Tactics That Apply to Business (inc)
13. The Multi-Family Problems at New York Community Bancorp (bloomberg)
14. The Secret Art of Selecting Sites for Shops and Drive-Thrus (bloomberg)
15. Here’s the investor playbook for making money in commercial real estate as Fed delays rate cuts (marketwatch)
16. This Father and Son Are the Brains. Their 1967 GTO Is the Brawn. (wsj)
17. Why Saudi Arabia is building a new city in the desert (npr)
18. Nuclear fusion world record a promising step toward limitless energy (thenextweb)
19. What investors stashing $6.5 trillion away in cash should do as Fed pushes back on rate-cut expectations (marketwatch)
20. How low will rates go? The hunt for the elusive ‘neutral’ level (ft)
21. Private Equity Returns Plunge to Global Financial Crisis Levels (bloomberg)

1. Alibaba Upsizes Share Buyback; Strategy Revamp Scores Early Wins (alizila)
2. China new bank loans in Jan hit record high on policy support (reuters)
3. Will China roar for investors as it enters Year of the Dragon? (moneyweek)
4. Slower US Inflation Is Set to Fuel Fed Cut Optimism (bloomberg)
5. China New Bank Loans at Record High (tradingeconomics)
6. The New N.F.L. Owners? (nytimes)
7. A Buffett Protégé Makes an Offbeat Bet: Buy San Francisco Real Estate (wsj)
8. The Frantic Blitz to Figure Out Sports Streaming (wsj)
9. The Priciest Shareholder Fight Ever Is Headed to Disney’s Boardroom (wsj)
10. How Las Vegas Became Sports Town, USA (forbes)
11. Why Disney’s $1.5 Billion Stake In Epic Games Is A Smart Play (forbes)
12. RecessionAlert Weekly Leading Economic Index (advisorperspectives)
13. Meet The Billionaire Family Behind King’s Hawaiian (forbes)
14. With Disney’s magic, Fortnite is poised to win the metaverse (techcrunch)
15. The Ten Best Super Bowl 58 Commercials (So Far), Ranked (digg)
16. Forum Member Review: Lean Lock Putters (mygolfspy)
17. Brad Pitt Wore One of Patek Philippe’s Best Vintage Watches (gq)
18. S&P 500 @ 5000 (scottgrannis)

1. Here’s how well investors would’ve fared if they actually heeded the warnings of Soros, Gundlach and others (marketwatch)
2. China’s tools for propping up its stock market (cnbc)
3. Walgreens, CVS, and Other Pharmacy Chains Are in a World of Hurt. What’s to Blame. (barrons)
4. Intel CEO Pat Gelsinger Bought More Stock, Adds to Mobileye Stake (barrons)
5. Cleveland-Cliffs Director Bought Up Shares (barrons)
6. Expedia’s Falling Stock Is ‘a Nice Contrarian Buy’ After Earnings (barrons)
7. S&P 500 Pushes Above 5000 Mark on Economic Strength (wsj)
8. We’re Not Eating Enough Bacon, and That’s a Problem for the Economy (wsj)
9. These Weird-Looking Skis Are Easy to Use—and Fit in a Backpack (wsj)
10. Which is better for stocks — a Super Bowl win for the 49ers or the Chiefs? (marketwatch)
11. Lunar New Year 2024: What history says about the stock market and gold in the Year of the Dragon (marketwatch)
12. Bank industry earnings weighed down by one-off charges to replenish federal deposit insurance after regional banking crisis (ft)
13. The Fed put is back — and in a stronger, more flexible form (ft)
14. The commercial real estate crisis will prompt the Fed’s first rate cut in May, top economist says (businessinsider)
15. Tech stocks’ huge gains shouldn’t make investors fear dot-com 2.0 (businessinsider)
16. Why Crypto Stablecoins Still Worry the Fed (bloomberg)
17. Pepsi has accelerated earnings growth: Al Root (foxbusiness)
18. Michelin Guide history: How did a tire company become an elite restaurant rating guide? (cnn)
19. Wait, Did Elon Musk Just Hint He’s Going to Buy Disney? (futurism)
20. 10 of the Best Small-Cap Stocks to Buy Before They Rebound (morningstar)

 

1. Disney has a plan for winning over younger generations: video games (foxbusiness)
2. The PBOC has said it will ensure credit grows rapidly and at a sustainable pace throughout 2024 in an effort to spur corporate borrowing and money supply expansion. (bloomberg)
3. Big Tech is taking the spoils of the ad resurgence (yahoo)
4. Dividend Stocks Make Sense Now. Here Are More Than 20 to Consider. (barrons)
5. 1 Artificial Intelligence (AI) Growth Stock With More Upside Than Nvidia to Buy Now, According to Wall Street (fool)
6. Is Golf’s Next Paradise in the Middle of a Florida Swamp? (bloomberg)
7. Passive investors have ‘fundamentally broken’ the market, David Einhorn says (businessinsider)
8. BANK OF AMERICA: Buy these 34 stocks that are among the cheapest you can scoop up right now with pockets of the market loaded with upside opportunity (businessinsider)
9. U.S. CPI revisions ‘a nothing burger,’ economists agree (marketwatch)
10. Can Dividend Investing Rise From the Dead? (wsj)

1. VF has plans to fix the Vans brand which lost its way more than a year ago (marketwatch)
2. PayPal Earnings Beat. Payment Volume Edges By Estimates Amid Apple Worries (investors)
3. ‘Well, it’s complicated’: PayPal shares fall 9% on flat profit outlook (streetinsider)
4. Chinese equity flows turn positive as Beijing signals support (ft)
5. Disney’s Epic Day: a Beat, a Payout Boost, and More (barrons)
6. Disney’s new message of ‘urgency’ is resonating big time on Wall Street (marketwatch)
7. Disney Turns to Taylor Swift, ‘Fortnite’ to Bolster Its Fortunes (wsj)
8. Why Americans Are So Down on a Strong Economy (wsj)
9. Investors Are Almost Always Wrong About the Fed (wsj)
10. Super Bowl Ads Get More Star Power, More Candy (wsj)
11. American CEOs Visiting China Can’t Escape It: They Have to Dance on Stage (wsj)
12. Beijing is intensifying efforts to stem a painful slump in share prices (wsj)
13. ‘Non, Merci Joe!’ – France Is (Was) The Biggest Importer Of US LNG (zerohedge)
14. Why JPMorgan’s trading desk just reversed course and turned bullish on stocks (businessinsider)
15. Market call: Chinese start-ups still crave US investors despite IPO challenges (scmp)
16. Short-selling in China slumps to 3-year low after curbs imposed to lift market (scmp)
17. Wynn Resorts beats profit estimates on improved Las Vegas, Macau performance (scmp)
18. Google rebrands Bard chatbot as Gemini, rolls out paid subscription (reuters)
19. Alibaba Beats On Bottom Line, Steps Up Buybacks (chinalastnight)
20. China CPI inflation underwhelms in Jan, PPI sees limited improvement (streetinsider)

1. It’s halfway through earnings season. Tom Lee has four reasons results are better than they appear. (marketwatch)
2. Alibaba Group Announces December Quarter 2023 Results (alibaba)
3. Alibaba Q3 Revenue Beats Views As China’s Internet Giant Hikes Buyback Program By $25 Billion (IBD)
4. Tom’s early take on BABA results (X)
5. Chinese stocks showing signs of ‘capitulation’ as Wall Street analysts say bottom is in (marketwatch)
6. China Replaces Top Markets Regulator as Xi Tries to End Rout (bloomberg)
7. Disney Investors Seek Clarity on Elusive Streaming Profits (bloomberg)
8. These Two Fifth Avenue Blocks Are at the Center of New York’s Retail Real Estate Revival (bloomberg)
9. PayPal Earnings Are Here. Investors Need Evidence It Can Compete With Big Tech. (barrons)
10. Commercial Real Estate Will Rebound, Including the Office Sector, Says Investor (barrons)
11. New York Community Bank Was an ‘Outlier.’ Bank Stocks to Buy on the Dip. (barrons)
12. Big Tech Is Expensive. Consider Buying These Value Stocks Instead. (barrons)
13. PayPal Earnings Are Here. Investors Need Evidence It Can Compete With Big Tech. (barrons)
14. Walt Disney, Fox, Warner Bros. Discovery to Team Up in Sports Streaming (barrons)
15. Ford Could Get 50% More Profit Without EVs (wsj)
16. Beijing Appoints Capital Markets Veteran As Regulatory Chief Amid Stock Meltdown (zerohedge)
17. Who’s Who in the Battle Over Disney’s Board (wsj)
18. Third Point Takes Large Stake in Alphabet (Again) (institutionalinvestor)
19. New US-China economic exchanges show how status quo trumps substantive changes in ties, analysts say (scmp)
20. Break Up Disney? Why the Latest Activist Proposal Could Be Good News for Disney Shareholders (fool)
21. Amazon has the most ‘juice’ to the upside among Big Tech stocks, says Evercore ISI’s Mark Mahaney (cnbc)
22. Why JPMorgan’s trading desk just reversed course and turned bullish on stocks (businessinsider)

VF Corp earnings will be covered in detail in this week’s note out tomorrow…

1. Xi to Discuss China Stocks With Regulators as Rescue Bets Build (bloomberg)
2. China Stocks Rebound as Beijing Intensifies Efforts to Stem Rout (bloomberg)
3. Alphabet Gains Amid Fiber Plans, TSMC’s New Chip Plant and Other Tech News Today (barrons)
4. Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce. (barrons)
5. Mahn Sees Upside for Stocks and Bonds (bloomberg)
6. Alibaba Cloud To Keep Upgrading Product Performance & Services, Tightening Ties w/ Ecological Partners (aastocks)
7. China market regulator’s rescue act seeks to guard financial and social stability (scmp)
8. Toby Keith dies at age 62 (reuters)
9. Chinese stocks surge as sovereign fund vows to buy more ETFs (streetinsider)
10. China on cusp of next-generation chip production despite US curbs (ft)
11. Western nations need a plan for when China floods the chip market (ft)
12. The Big Read. How Huawei surprised the US with a cutting-edge chip made in China (ft)
13. Why NYC Apartment Buildings Are on Sale Now for 50% Off (bloomberg)
14. Blinken Meets Saudi Crown Prince on Mideast Push for Pause in Gaza War (nytimes)
15. Why Is Big Tech Still Cutting Jobs? (nytimes)

1. Estée Lauder stock soars toward best day in 13 years after earnings, job cuts (marketwatch)
2. Falling US inflation opens door to rate cuts within months, says OECD (ft)
3. Fed expects to make three rate cuts this year, says Powell (ft)
4. Alibaba Cloud Advances Its Gen AI Capabilities with Serverless Solution (alizila)
5. Alibaba’s Taobao and Tmall Group pushes new AI tools to support merchants (scmp)
6. China Vows Plan to Attract Investment, Offers No New Detail (bloomberg)
7. Powell Tells ‘60 Minutes’ Fed Is Wary of Cutting Rates Too Soon (bloomberg)
8. China stocks rebound off five-year lows as stimulus comes into effect (cnbc)
9. Powell: ‘Confidence Rising’ That Inflation Is Falling (barrons)
10. Citigroup Fell Behind With Rich Customers. Can It Win Them Back? (wsj)
11. China bets on open-source chips as US export controls mount (reuters)
12. China Tightens Some Trading Restrictions for Domestic and Offshore Investors (bloomberg)
13. 1 Magnificent Dividend Stock That’s Down 25% and Trading at a Once-in-a-Decade Valuation (fool)
14. Alibaba’s DingTalk among Chinese apps launching on Apple Vision Pro (scmp)
15. Fourth-quarter earnings are almost halfway done. Results overall have gotten better. (marketwatch)
16. Powell Says Fed Has New Focus: When to Cut Rates (wsj)
17. The College Professor Who Got a Weird Year for the Economy Right (wsj)
18. Big Brands Are Playing the Long Game in China (wsj)

1. China Academic Calls for $1.4 Trillion Stock Stabilization Fund (bloomberg)
2. Alphabet Stock’s a ‘Bargain’ in the Magnificent Seven, Says Analyst (barrons)
3. Exclusive: Alibaba considers sale of consumer assets including Freshippo, RT-Mart – sources (reuters)
4. Bringing Back The Balance Sheet (gavekal)
5. US, UK Hit Dozens of Houthi Sites in Bid to End Ship Attacks (bloomberg)
6. China to Prevent Abnormal Market Fluctuations, CSRC Says (bloomberg)
7. The Rooftop Solar Industry Could Be on the Verge of Collapse (time)
8. Up January vs. Down January Beats All Months (AlmanacTrader)
9. 2-Year Treasury Bond Yields Near Important Fibonacci Support! (kimblechartingsolutions)
10. How Floatplanes Are Helping Elite Travelers Reach Remote Isles Off Florida and the Bahamas (robbreport)
11. Ferrari Will Launch 3 New Cars in 2024 After Another Record-Breaking Year (robbreport)
12. Apple Vision Pro review: the infinite desktop (techcrunch)
13. Alibaba Cloud Advances Its Gen AI Capabilities with Serverless Solution (alizila)
14. This Carbon Fiber ‘Superboat’ Is A Stylish Speed Demon (maxim)
15. This Ultra-Rare Ferrari 250 Testa Rossa Just Sold For A Bonkers Price (maxim)
16. The Man Who Moves Markets (theatlantic)
17. Should You Invest in Stocks at All-Time Highs? (ofdollarsanddata)
18. Tortured Jets Fans, NFL Fixes, and the 25-Year Run of ‘Curb Your Enthusiasm’ With Larry David (theringer)
19. The Credit Market Is Quietly Booming Again (bloomberg)
20. Kris Sidial on What’s Behind the Big Boom in Options Trading (bloomberg)
21. The secret to hitting a push draw, according to a World No. 1 (golf)
22. Pebble Beach history! Wyndham Clark blows away course record with stunning 12-under 60 (golfdigest)

1. Morgan Stanley’s Mike Wilson Leaving Firm’s Global Investment Committee (bloomberg)
2. China’s Stocks Have Fallen for Three Years. Are They Finally Ready to Rally? (barrons)
3. 10 of the Best Small-Cap Stocks to Buy Before They Rebound (morningstar)
4. Opinion: Intel stock is not valued even close to its competition (marketwatch)
5. Looking for the Next Great Value Stock? Don’t Start With the Price. Legendary Investor Bill Nygren Explains. (fool)
6. Fundstrat’s Tom Lee: Stock market is getting stronger (cnbc)
7. ‘Uninvestable’: China’s $2tn stock rout leaves investors scarred (ft)
8. Why Tim Cook Is Going All In on the Apple Vision Pro (vanityfair)
9. Banks on it Banksy painting that captures ‘raw energy’ of NYC could fetch $200K at auction (nypost)
10. S. launches retaliatory strikes in Iraq, Syria, nearly 40 reported killed (cnbc)