Be in the know. 25 key reads for Tuesday…

  1. China, Defensive Sectors Win Favor as Asian Stocks Stage Rebound (bloomberg)
  2. Market Selloff Upends Fed Rate-Cut Calculus (wsj)
  3. Nvidia’s Huang Sold $323 Million of Stock in July Before Decline (bloomberg)
  4. Google Monopolized Search Through Illegal Deals, Judge Rules (bloomberg)
  5. Inside Alibaba’s New Global HQ: A Glimpse into China’s E-commerce Giant (chinalastnight)
  6. Biggest Margin Debt Unwind Since 1999 Spurred Taiwan Stock Rout (bloomberg)
  7. Chinese Brokerages Talk Up Local Stocks After Global Meltdown (bloomberg)
  8. From Nvidia CEO To Warren Buffett: Insider Stock Selling Was An Ominous Warning Ahead Of Market Swoon (zerohedge)
  9. Goldman Says Buying S&P 500 After 5% Drop Is Usually Profitable (bloomberg)
  10. Apple Stock Slips, Microsoft Gains. What Google’s Antitrust Loss Means for Big Tech. (barrons)
  11. What to Know About the Japanese Yen ‘Carry Trade’ That Is Blowing Up Markets (barrons)
  12. The classic signs of a stock-market bottom aren’t yet in. Here’s what to watch, says JPMorgan (marketwatch)
  13. Opinion: Your stocks now trade at the mercy of the Japanese yen (marketwatch)
  14. S&P 500 put option volume hit record on Monday (marketwatch)
  15. Is the stock-market meltdown due to the unwind of this popular hedge-fund trade? (marketwatch)
  16. Fed’s Daly Isn’t Worried About the Jobs Report—or an Impending Recession (barrons)
  17. Unraveling Trades Fuel Global Market Rout (wsj)
  18. Not mincing words Michael Phelps didn’t hold back on how to handle doping controversy around Chinese swimming (nypost)
  19. Traders Bet on Fed Emergency Rate Cuts, but Officials Need More to React (nytimes)
  20. How Google’s antitrust defeat could change how you search the web (usatoday)
  21. InterContinental CEO Says US Hotel Demand Defies Economy Fears (bloomberg)
  22. San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens (cnbc)
  23. Uber says consumer spending ‘never been stronger’ as profits jump (ft)
  24. Global hedge funds increased Chinese stocks exposure in July, Goldman says (scmp)
  25. RMB rebound trend to continue (cn)

Be in the know. 18 key reads for Monday…

  1. China’s yuan strengthens to 7-month high as yen gains, carry trade unwinds (scmp)
  2. Carry Trade Unwind Extends as Peso Sinks, Yen and Yuan Surge (bloomberg)
  3. Global hedge funds increased Chinese stocks exposure in July, Goldman says (scmp)
  4. China’s services activity expands further, but external demand slows, Caixin PMI shows (reuters)
  5. Tokyo’s Nikkei dives 12.4 per cent, suffers record points loss (scmp)
  6. Why investors should buy the ongoing dip in stocks, Fundstrat says (businessinsider)
  7. Market begins pricing possibility of intermeeting cut (marketwatch)
  8. The U.S. government ‘cannot afford’ to let Intel struggle over the long term, one analyst says (marketwatch)
  9. Hurricane Debby Slams Florida After Gaining Fury in Warm Waters (bnnbloomberg)
  10. Nvidia Stock Dives. Here’s Why. (barrons)
  11. The Fed needs to make an emergency cut, says Wharton’s Jeremy Siegel (cnbc)
  12. Opinion: The Sahm Rule, carry trades and recession fear are more than the market can bear (marketwatch)
  13. Corporate profit growth is on pace for its best quarter since just before 2022’s inflation spell (marketwatch)
  14. Blame it on the yen? ‘Epic leverage’ in carry trade ‘beyond wildest market dreams’: Boockvar (marketwatch)
  15. The Longest Inverted Yield Curve In U.S. History May End Soon. What It Means for Stocks. (barrons)
  16. 2024’s Most Popular Trades Are Unraveling (wsj)
  17. The Sports Gambling Disaster (mi)
  18. Scottie Scheffler wins Olympic gold in Paris after incredible final round (foxbusiness)