JPMorgan, Citi Are Divided on Corporate America’s Profit Outlook (bloomberg)
The Stock Market Has Seen Strong ‘Breadth.’ More Gains Could Be Ahead. (barrons)
“While investors have bought more stocks — the positioning jump at the end of October is among the highest on record — they’re still just above neutral now.” (marketwatch)
Amazon launches program to train millions of workers in AI: report (marketwatch)
Wall Street’s ESG Craze Is Fading. Investors pulled more than $14 billion from sustainable funds this year (wsj)
The Hidden Hero Fueling Soft-Landing Hopes: A Boost in Supply (wsj)
China Wants to Bulldoze Old Neighborhoods to Revive the Economy (nytimes)
Yellen Says US Making ‘Considerable Progress’ Reducing Inflation (bloomberg)
Citigroup Cuts Over 300 Senior Manager Roles in Latest Restructuring (bloomberg)
McDonald’s increases its minority stake in China business (cnbc)
Stocks will likely continue their upward momentum into year-end, says Ryan Detrick (cnbc)
What Rally? Goldman Prime Finds Hedge Funds Shorted Stocks For A Record 15th Consecutive Week (zerohedge)
Why Amazon (AMZN) is well-positioned into 2023 holiday season – JP Morgan (streetinsider)
BABA-SW to Enhance Shareholder Returns via 4 Key Measures, Plans to Raise ROIC to Double Digits (aastocks)
exclusive | Jack Ma’s office says he is ‘very positive’ about Alibaba despite sell-off (scmp)
Alibaba banks on new growth pillars after cloud spin-off stumbles (scmp)
Foreign investors may be turning bullish on China again as bond purchases jump (businessinsider)
Xi Jinping Revives Hopes for Pandas’ Return to the U.S. (wsj)
Charles Payne: China won’t give up prosperity for world dominance (foxbusiness)
Xi Pledges ‘Heart-Warming’ Steps to Attract Foreign Capital (bloomberg)
China Will Be At Forefront of AI, Alphabet’s Pichai Says (bloomberg)
Advance Auto’s Big Changes Could Drive a Stock Turnaround—or It Could Be a Value Trap (barrons)
Carvana Stock, CarMax Sink As Amazon Enters Online Car Sales (investors)
What Recession? Consumers Still Have Plenty to Spend. (barrons)
Can Taylor Swift Do for Cruise Lines What She Did for Movie Theaters? (barrons)
Fawne Jiang, an analyst at Benchmark. “It was undoubtedly a disappointing quarter; however, we do not see a structural fundamental change.” Benchmark maintained its Buy rating with a $150 price target—still a bullish call. (barrons)
China Vows to Meet ‘Reasonable’ Funding Needs of Developers (bloomberg)
Amazon is the ‘No. 1 pick’ for large capital: Mark Mahaney (foxbusiness)
The Share of Americans Who Are Mortgage-Free Is at All-Time High (bloomberg)
The Case for Two Fed Rate Cuts in Early 2024 Is Building (bloomberg)
Weight-Loss Drugs Will Be Sold as Pills, With Just as Many Side Effects and Cost Issues (bloomberg)
Ray Dalio on Xi dinner: A gathering of old friends and ‘stepping back’ from the risks of war (cnbc)
Biden, Xi to Announce China’s Crackdown on Fentanyl Trade (bloomberg)
Inflation Heads Lower as Gasoline Prices Drop (barrons)
Big Banks Say Interest-Rate Cuts Are Coming. What It Means for Stocks. (barrons)
Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers (wsj)
Strategists at BofA Global Research found Pfizer and Merck accounted for half of the reduction in fourth-quarter earnings estimates between Oct. 1 and early November. (wsj)
Treasury Yields Slide as Soft CPI Boosts View Fed Is Done Hiking Rates (bloomberg)
A 1962 Ferrari GTO Race Car Auctions for Record $51.7 Million (bloomberg)
Kraft Heinz and J.M. Smucker upgraded as analysts say Ozempic fears are overdone (marketwatch)
CPI Unexpectedly Misses Across The Board, Core Inflation Lowest In Over 2 Years (zerohedge)
Last week marked the largest weekly buyback in BofA’s data history (streetinsider)
‘There’s disinflation in the US economy, and we’re heading back to 2%’ – JPMorgan’s Kelly (streetinsider)
Dollar weakens after data shows U.S. inflation moderating (streetinsider)
Xi and Biden to try to ease tensions as Taiwan looms over US-China talks (ft)
PBOC Said to Provide RMB1T+ Financing to Support Home Mkt; HSI Futures in Night Session (aastocks)