Intel Solidifies $3.5 Billion Deal to Make Chips for Military (bloomberg)
Economists widely expect PBOC to ease monetary policy in the coming weeks, including by reducing the amount of cash lenders must keep in reserve. The central bank could also lower the interest rate on policy loans to reduce banks’ funding cost. (bloomberg)
EV Leases Go as Low as $20 a Month to Help Dealers Clear Their Lots (bloomberg)
Boeing Craft’s Smooth Return Spotlights NASA’s Safety Calculus (blommberg)
China’s First Retirement Age Hike Since 1978 Triggers Discontent (bloomberg)
Why It’s Not Too Late to Swap Tech for Tech Beneficiaries, From Utilities to REITs (barrons)
Rates Could Fall Below 3% In This Cycle, Says This Economist (barrons)
Lululemon CEO Bought Up the Slumping Stock (barrons)
Boeing’s bonds are being snapped up as stock slides on strike worries (marketwatch)
Hennessey’s New Roadster Is The ‘World’s Most Powerful Manual’ Hypercar (maxim)
Jobless claims inch up to 230,000, but still no sign of rising layoffs (marketwatch)
Xi Urges Efforts to Hit Annual Growth Target Amid Rising Doubt (bloomberg)
PGA Tour Meets With Saudi Fund in Hopes of Getting Closer to Deal (nytimes)
“Gelsinger insists the time to reap the rewards is finally arriving. He says Intel’s foundry business has “engagements” with a number of customers for $15 billion, spread out over multiple years.” (bloomberg)
Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake (cnbc)
Chinese chip making shows progress with new EUV patent from domestic lithography champion (scmp)
5B Southbound Trading Net Inflow to BABA-W (aastocks)
Consumer Staples Stocks Are Looking Pricey. It’s Time to Sell. (barrons)
Lululemon Is Seeing a Slowdown in Its Women’s Business. Has It Reached Its Ceiling? (wsj)
Here Are the Key Takeaways From the US CPI Report for August (bloomberg)
Alibaba logistics arm Cainiao launches next-day delivery in Europe, builds new hubs (scmp)
Alibaba founder Jack Ma urges business empire to remain steadfast, ‘believe in the future’ (scmp)
“Mainland investors bought $400 million of stock today via Southbound Stock Connect versus yesterday’s $1.086 billion. It is worth noting Alibaba bought the equivalent of 719,500 US-listed ADRs yesterday, which means the buyback accounted for 4.7% of yesterday’s ADR volume (15.327 million ADRs shares traded).” (chinalastnight)
Intel Core Ultra 200V aka Lunar Lake goes official, takes on ARM SoCs for the ultimate AI laptop experience. The Intel Core Ultra 200V series is more than just an incremental upgrade; it’s a massive technological leap. (firstpost)
The stock market is stumbling because investors suspect a Fed mistake (marketwatch)
The Fed is taking a risk it doesn’t have to take if it cuts too slow, says Wharton’s Jeremy Siegel (cnbc)
“If Intel can ride out the storm, Hutcheson said, it could reach a “very profitable state” in 2026 or 2027 if it succeeds with a new manufacturing process called 18A, designed to create the latest cutting-edge chips.” (ft)
Alibaba yields “good results” from three-year inspection, says regulator (technode)
Intel announces new standards for Evo laptops, to be powered by Core Ultra 200V Lunar Lake SoCs (firstpost)
Yellen Says She Would Welcome Visit by Her Chinese Counterpart (bloomberg)
