Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them. (barrons)
A bullish signal for the stock market just flashed, indicating new 2023 highs are on the way (businessinsider)
Alibaba opens Tongyi Qianwen model to public as new CEO embraces AI (scmp)
Tesla Stock Isn’t a Buy Now, but Ford, GM Are, Says Analyst (barrons)
Ford’s New F-150 Shows the Benefits of Gas, Battery, and Hybrid Power (barrons)
Strike or No Strike: 5 Things to Know About the UAW’s Shawn Fain (barrons)
Spicy Famed NYC meatball mecca, Rao’s, to open in Miami this fall (nypost)
A Potential UAW Strike Has Created an Opportunity in Auto Parts Stocks (barrons)
Apple iPhone 15 Launch Fails to Excite Investors. What Wall Street Is Saying. (barrons)
Higher Interest Rates Usually Hurt Big Tech. Why They Haven’t Recently. (barrons)
Inflation Accelerated in August as Gasoline Prices Jumped (wsj)
Even excluding food and energy, price gains picked up (wsj)
China iPhone Latest: Apple’s iPhone ‘Security Incidents’ Flagged by Government Officials (bloomberg)
China says it has not banned purchase, use of foreign phone brands (reuters)
UAW strike ‘seems inevitable,’ with effects on GM and Ford hinging on how long it might last (marketwatch)
AP Sources: UAW may strike at small number of factories if it can’t reach deals with automakers (AP)
The European owner of Westfield malls is pulling back from its aggressive plan to sell nearly all its properties and exit from the U.S. market this year, another vote of confidence for the high-end mall business. (wsj)
Luxury Apartment Glut in South Florida Offers Some Price Relief (wsj)
Moderna (MRNA) gains after saying it expects up to $15B in sales by 2028 from new drugs (streetinsider)
The Big Read. The global race to set the rules for AI (ft)
Shenzhen Welcomes Autonomous Vehicles, Rate Cuts Lead To Credit Growth (chinalastnight)
Beijing Throws China’s Housing Market a Bone (wsj)
Modi Wants to Make India a Chip-Making Superpower. Can He? (nytimes)
Citi Plans Job Cuts as It Revamps Top Management Structure (bloomberg)
Intel Rides Made-in-America Wave to Big Stock Gain (bloomberg)
Here Are the Takeaways From US CPI Report for August (bloomberg)
Wall Street Says CPI Not a ‘Game Changer’ for Fed (bloomberg)
CNBC ProAlibaba and more: CLSA names 3 of the ‘cheapest AI plays’ worldwide (cnbc)
Wharton professor Jeremy Siegel sees an ‘upward tilt’ for stocks during the rest of 2023 – and says there’s no clear sign of a recession (businessinsider)
Warren Buffett and Charlie Munger’s epic success is down to 3 key things, Howard Marks says (businessinsider)
Alibaba’s New CEO Shares His 2 Big Priorities (barrons)
Apple’s Big Day Is Here. Hello, iPhone 15. (barrons)
3 Takeaways from Elon Musk’s New Biography (barrons)
Small-Cap Stocks Are in the Doghouse. What Could Lift Them Out. (barrons)
Disney and Charter Stocks Jump on Cable Deal. The Status Quo Is Largely Preserved. (barrons)
Apple’s iPhone 15 Looks Like a Bargain. Here’s the Math. (barrons)
It’s Tough to Love Bank Stocks Right Now. These 8 Offer Tasty Yields. (barrons)
Beijing Throws China’s Housing Market a Bone (wsj)
Big Pharma’s Battle With the Biden Administration Could Have Legs (wsj)
Apple’s iPhone 15 Looks Like a Bargain. Here’s the Math. (barrons)
Treasury Bills Yielding 5% Are a Big Hit With Retail Investors (bloomberg)
Investors See European Stocks Rising Over Next Year, BofA Says (bloomberg)
James Dolan’s $2.3 Billion Sphere Is Raising Eyebrows—in a Good Way (bloomberg)
Billionaire investor Bill Gross slams Jeff Gundlach over shared ‘Bond King’ nickname: ‘To be a bond king or queen, you need a kingdom’ (businessinsider)
“It is so wrong that it might actually be right” (zerohedge)
Strong demand pushes Arm to close IPO order book early (ft)
Why China is restricting IPOs to drive up US$9.7 trillion stock market (scmp)
Alibaba’s New CEO Elevates AI to Top Priority in Revamp (bloomberg)
China Sees Healthy Inflation, Alibaba Leadership Reshuffle Goes Effective (chinalastnight)
The Band is Back Together. Jack Ma’s proxies (who built the company with him) are fully back in charge: “Alibaba’s Daniel Zhang Exits Chinese Internet Giant Entirely” (investors)
An Important Shift in Fed Officials’ Rate Stance Is Under Way (wsj)
China Gen Z Tries to Leisure-Shop Way Out of Jobless Blues (bloomberg)
China Shows Signs of Stability as Credit, Inflation Improve (bloomberg)
World Trade Center rebuild revitalized lower Manhattan and brought healing (foxbusiness)
China bolsters market sentiment by simplifying stock investments for insurers (global)
China’s easing of property market curbs gives Beijing home sales a boost (reuters)
China Credit Climbs More Than Forecast as Banks Boost Loans (bloomberg)
Hedge funds say greenback rally may not be over (investmentnews)
Dollar tumbles against yen after BOJ head hints that negative interest rates could end (marketwatch)
6 Inexpensive Consumer Stocks With Strong Profit Growth (barrons)
Earnings Estimates Are Rising, a Welcome Sign for 2023 Market Rally (wsj)
China’s Premier Urges Biden to See His Nation as an Opportunity (bloomberg)
Hedge Funds Turn Most Bearish on Euro Since January Ahead of ECB (bloomberg)
Money-center bank Citigroup is Berkshire’s highest-yielding holding on a nominal basis (5.1%). (fool)
EU downgrades growth forecast and raises inflation expectations (ft)
Lunch with the FT. ‘He is driven by demons’: biographer Walter Isaacson on Elon Musk (ft)
China issues strong warning against bets on renminbi depreciation (ft)
Exclusive: China’s central bank to scrutinise bulk dollar purchases – sources (reuters)
The Race to Drill America’s Longest Oil and Gas Wells (wsj)
‘Elon Musk’ Takeaways: Book Paints Complicated Picture of the World’s Richest Man (wsj)
Yellen ‘Feeling Very Good’ About Soft Landing for US Economy (bloomberg)
Just a 10-Day UAW Strike Risks Costing US Economy $5.6 Billion (bloomberg)
Biden Doubts China Able to Invade Taiwan Amid Economic Woes (bloomberg)
China’s Consumer Prices Creep Out of Deflation in August (bloomberg)
Fears about China’s government ban on iPhones are ‘way overdone,’ as the crackdown could impact only 1% of the smartphone’s sales in China: analyst (businessinsider)
Morgan Stanley says it’s a lonely bull, recommending government bonds (marketwatch)
Important Shift in Fed Officials’ Rate Stance Is Under Way (wsj)
“China’s economic recovery rate is leading among major global economies,” Xi said. China’s growth rate was 5.5% during the first half of the year compared with a year earlier, though that result was boosted by strong activity in the early part of 2023. “The long-term positive fundamentals haven’t changed,” he said. (wsj)
The Rich and Famous Love This Banker, Even If She’s a Little Mean to Them (wsj)
10 Biotech Stocks with Biggest Upside (insidermonkey)
Cybertruck spied with updated interior (techcrunch)
Saudi Arabia Is Pouring Money in Sports. Is Tennis Next? (nytimes)
Wells Fargo: Citigroup Stock Is ‘Pricing in Too Much Fear.’ (barrons)
China’s internet sector posts strong profit growth in first 7 months of 2023 (scmp)
Ford Isn’t Going to Be the Next Apple. It Could Be a New Deere. (barrons)
The FTC Could Call for an Amazon Breakup. Why Investors Should Celebrate. (barrons)
As Instacart IPO Looms, DoorDash CEO Says Grocery Delivery Needs to Improve (barrons)
Apple wants to be a force in live sports. Buying ESPN could be the answer. (marketwatch)
China’s Country Garden Makes Overdue Dollar-Bond Payments, Avoiding Default (wsj)
Fed Set to Double US Growth Forecast After Strong Data (bloomberg)
Mnuchin’s Liberty 77 Capital Acquires 5.5% Stake in Lions Gate (bloomberg)
“We believe Disney is the best-positioned traditional Media network to drive long-term margins/returns in DTC given its collection of IP and global scale,” Hodulik wrote. (businessinsider)
Everyone Is Bearish on China—Except Bond Investors (wsj)
Goldman Sachs chief economist: US consumer won’t break in 2024 (yahoo)
China Stocks Latest: Builders Jump on Hopes of More Stimulus (bloomberg)
com Takes Flight on +180% Revenue Increase YoY, Caixin Services PMI Misses Expectations (chinalastnight)
Alibaba’s Amap, supported by China’s GPS rival Beidou, expands global coverage to boost Belt and Road plan (scmp)
Yes, There Is a Bull Case for Investing in China (wsj)
“While many indicators lately have disappointed, growth isn’t plummeting, and there’s still a fair chance of meeting the about-5% target for the year” (bloomberg)
Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding (bloomberg)
Disney encourages Spectrum customers to move to Hulu + Live TV amid Charter dispute (foxbusiness)
Arm Prices IPO. It’s Set to Be the Biggest of the Year. (barrons)
Disney and Charter Are Locked in a Dispute. Why It’s a ‘Tipping Point’ for Legacy TV. (barrons)
“When sentiment towards a market is resolutely negative, any positive news can more easily deliver a bounce as traders feel forced to shift positions.” (marketwatch)
They’ve Been Friends for 60 Years. Lew and Bobby Have Figured Out What Most Men Don’t. (wsj)
China’s Country Garden Narrowly Avoids Default (wsj)
Is Now the Time to Invest in Emerging Markets? (wsj)
Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out (bloomberg)
China: “Some bright spots are also emerging. Earnings estimates for tech stocks have been trending upward since a March low, even as those for the broader benchmarks have remained largely unchanged.” (bloomberg)
The ‘Wizard of Wharton’ says stocks are on solid ground – and house prices are shaking off mortgage pain (businessinsider)
The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan (businessinsider)
Exclusive: China to launch $40 billion state fund to boost chip industry (reuters)
China “The general trend of foreign ownership is still quite high,” Ahern says. “If anything else, it shows that maybe foreign investors are very poor market timers because this outflow is occurring just as Chinese equities are enjoying one of their strongest weeks in quite some time.” (yahoo)
