Be in the know. 25 key reads for Wednesday…

  1. People ‘underestimate’ the importance of Chinese President Xi’s entrepreneur meeting: Alibaba’s Tsai (cnbc)
  2. Alibaba’s Joe Tsai: Xi Jinping’s entrepreneur meeting fuels business confidence in China (scmp)
  3. China needs to unleash ‘$20 trillion’ in household savings to drive economic growth, says Alibaba chair Joe Tsai (fortune)
  4. AI agent Manus partners with Alibaba’s Qwen to develop Chinese version (scmp)
  5. Hong Kong’s Stock Market Booms With Wall Street in Turmoil (bloomberg)
  6. Alibaba Releases AI Model That Reads Emotions to Take On OpenAI (bloomberg)
  7. China’s Retail Investors Pile Into New Funds as Stocks Rally (bloomberg)
  8. Exclusive-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say (streetinsider)
  9. Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week (cnbc)
  10. Boeing’s Jet Deliveries Top Airbus for Second Straight Month (bloomberg)
  11. Fitch says Boeing made progress in resuming production post-labor strike (reuters)
  12. Kelley Blue Book Report: New-Vehicle Prices Increase Year Over Year in February, With Record EV Incentives and Booming Six-Figure Vehicle Sales (coxautomotive)
  13. US investors seek refuge in value funds (reuters)
  14. Disney announces major updates that will make fans very happy (thestreet)
  15. CMA calls for comment on GXO proposals to make Wincanton acquisition competitive (motortransport)
  16. Global EV sales soared in February, as China’s market kept its growth pace with 76% surge (scmp)
  17. Traders Ramp Up Bets on Fed Rate Cuts as Recession Angst Builds (bloomberg)
  18. REITs Are a Safe Haven in the Market Storm. What to Play Now. (barrons)
  19. Buy the U.S. Market Downturn? These Strategists Are Looking Abroad. (barrons)
  20. The Latest Overhaul of Starbucks—by the Numbers (wsj)
  21. Palantir’s Alex Karp takes on critics as he cashes in on surging shares (ft)
  22. Introducing the ‘Maleficent 7’ (ft)
  23. Magnificent 7 stocks lose $1.5T in what might be ‘textbook correction’ (nypost)
  24. The case for China (ft)
  25. US Inflation Comes In Lower Than Forecast, Offering Some Relief (bloomberg)

Industrials (top 30 weights) Earnings Estimates/Revisions

In the spreadsheet above I have tracked the earnings estimates for the Industrials Sector ETF (XLI) top 30 weighted stocks. I have columns for what the 2025 and 2026 earnings estimates were on 1/10/2025 and today. The column under the date 3/11/2025 has a letter that represents the movement in 2025 earnings estimates since the most recent print (1/10/2025).

Continue reading “Industrials (top 30 weights) Earnings Estimates/Revisions”

Be in the know. 17 key reads for Tuesday…

  1. US car buyers rush to dealer lots to avoid tariff-related price hikes (reuters)
  2. U.S., China Discuss a Trump-Xi Summit for June (wsj)
  3. Alibaba.com targets 100% AI adoption by merchants in 2025 in global expansion drive (scmp)
  4. Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI (cnbc)
  5. Chinese stocks find favour on DeepSeek trade as Citigroup downgrades US equities (scmp)
  6. Deflation Weighs On China’s Markets, Mainland Investors Buy Dip In Hong Kong (chinalastnight)
  7. Chinese Stocks Notch Best NPC Gain in Seven Years on Tech Boost (bloomberg)
  8. Chinese EV Stocks Jump After Robust Sales Outlook, Tesla’s Selloff (marketwatch)
  9. Top US Utility Says Gas Can Meet Only a Fraction of Power Demand (bloomberg)
  10. Volkswagen Touts US Spending in Face of Trump’s Tariff Threats (bloomberg)
  11. Euro surges on hopes of German defence deal; dollar slips again (streetinsider)
  12. US transportation chief to meet with Boeing CEO on safety efforts (reuters)
  13. Companies seek AI solutions to supply chain fragility (ft)
  14. U.K. Retail Sales Grew Slightly in February Supported by Growth in Food (wsj)
  15. The S&P 500 Has a Case of the ‘Mondays’ Blues (barrons)
  16. The Stock Market Selloff Has Been Savage. Why It’s More Blip Than Crisis and 5 Other Things to Know Today. (barrons)
  17. Trump meets Corporate America as economic fears nip stocks (reuters)