- Pfizer agrees to buy Global Blood Therapeutics in deal valued at $5.4 billion: WSJ (MarketWatch)
- Share Buyback Tax’s Lag Could Spur Rush to Repurchase This Year (bloomberg)
- The Fed Is About to Ramp Up Balance-Sheet Shrinkage. It May Get Dicey. (barrons)
- SoftBank Posts a Record Loss, Says It’s Exploring a Sale of Fortress (barrons)
- Senate Passes Inflation Reduction Act. What’s Inside. (barrons)
- Tesla and 9 Other Companies That Would Take a Hit From a 15% Minimum Corporate Tax (barrons)
- GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour. (barrons)
- The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party. (barrons)
- Disney, Uber, and 11 Beaten Down Stocks That Look Like They Could Come Back (barrons)
- Clean Energy Stocks Rise on Senate Passage of Climate Bill (barrons)
- The Bull Market in Biotech Stocks Is Still Going Strong (barrons)
- Here’s how the Inflation Reduction Act’s rebates and tax credits for heat pumps and solar can lower your energy bill (marketwatch)
- A surging stock market is on the verge of signaling a ‘huge’ move — but there’s a catch (marketwatch)
- Wall Street Shuffles Bets on Consumer Loans as Economy Slows (wsj)
- How ‘Better Call Saul’ Refined the Art of Television (wsj)
- Two Chinese Cities Approve Baidu’s Unmanned Self-Driving Taxis (wsj)
- Home Sellers Cut Prices as Housing Market Cools (wsj)
- Shale Drillers Warn of Higher Costs as They Report Record Profits (wsj)
- Why Not to Worry, China Chip Stocks Rally, Week in Review (chinalastnight)
- Why Munster Thinks Tesla Is The Biggest Beneficiary Of The Climate Bill (benzinga)
- Investors swarm back to corporate bond ETFs (ft)
- ‘Bullet Train’ tops charts in opening weekend with $30.1M (foxbusiness)
- America’s Chinese Tech Ban Didn’t Stick (nytimes)
- Here’s What’s in the Senate’s Tax and Energy Bill (bloomberg)
- Winners and Losers in Democrats’ Signature Tax and Energy Bill (bloomberg)
- ‘The market bottom is in’: The chief investment strategist of a $1.4 billion firm explains why he’s rotating back into growth stocks — and lays out the 4 high-quality tech stocks that investors should bet on now (businessinsider)
- Lyft (LYFT) Surges on Record Earnings, Analysts Praise Improved Operating Efficiencies (streetinsider)
Be in the know. 20 key reads for Sunday…
- The Greatest Value Investor You’ve Never Heard Of (macroops)
- Can David Zaslav’s new Warner Bros. Discovery deals work? (nypost)
- Elon Musk challenges Twitter CEO Parag Agrawal to ‘public debate’ over bots (nypost)
- Share Buyback Tax’s Lag Could Spur Rush to Repurchase This Year (bloomberg)
- China’s Trade Surplus at Record as Exports Beat Expectations (bloomberg)
- Buffett’s Berkshire Pounces on Market Slump to Buy Equities (bloomberg)
- China IPO Market Trounces the World With Record $58 Billion Boom (bloomberg)
- China Eases Rules for International Covid Flight Suspensions (bloomberg)
- Senate Democrats Close In on Passing Climate, Tax Bill (wsj)
- “Deteriorating Situation” Shows Rent Growth “Collapsing” In Sunbelt Markets (zerohedge)
- Retail’s ‘Dark Side’: As Inventory Piles Up, Liquidation Warehouses Are Busy (nytimes)
- ECRI Weekly Leading Index Update (advisorperspectives)
- Limited Edition Maserati Grecale SUVs Are Coming To America (maxim)
- The Crypto Crash Is Driving Sales Of Rolex Watches On The Secondary Market (maxim)
- Chinese companies on the Fortune Global 500 list contribute more revenue than US companies for the first time (technode)
- The Secret to Being Lucky (wired)
- The Big Business of Burying Carbon (wired)
- Everything DARPA’s Been Doing for the Last 20 yrs (gizmodo)
- A new way to pay for college (Update) (npr)
- Musk says Twitter deal could go forward once user data confirmed (foxbusiness)
Be in the know. 27 key reads for Saturday…
- Cooper Standard Reports Second Quarter Results, Reaffirms Full-year Guidance for Adjusted EBITDA (cooperstandard)
- Cooper Standard (CPS) rose 69.58% on Friday. Our Original Cooper Standard Thesis from Fox Business Appearance – June 7, 2022 (Fox Business)
- Our Original Cooper Standard Presentation from our June 9, 2022 VideoCast (HedgeFundTips)
- Cooper Standard Q2 Presentation Deck (cooperstandard)
- Cooper Standard Q2 Earnings WebCast (cooperstandard)
- Pfizer in Advanced Talks to Buy Global Blood Therapeutics (wsj)
- GE Stock Is a Buy as Breakup Looms (barrons)
- Gas prices are falling. So is interest in electric cars (cnn)
- Advertising Is Still Going Strong. Apple Wants In. (barrons)
- Rocket CEO Jay Farner Bought Shares Before Earnings Miss (barrons)
- Alibaba earnings highlight ‘attractive turnaround story,’ though stock gives back gains. Latest results brought a ‘needed surprise’ and other positives, say analysts (marketwatch)
- QT will represent the equivalent of at least a half-point rate hike, and probably closer to a full-point increase. (barrons)
- Buy PayPal Stock. The Battered Payments Company Is Starting to Perk Up. (barrons)
- Wireless Is Undergoing a Growth Surge That Will Fuel the Big Telecoms (barrons)
- Rocket CEO Jay Farner Bought Shares Before Earnings Miss (barrons)
- The economy took 2½ years to recoup the 22 million jobs lost (wsj)
- Elon Musk predicts Tesla’s robotaxi will be like Uber, Airbnb combined (nypost)
- US Consumer Borrowing Jumps by More Than $40 Billion, Second-Most Ever (bloomberg)
- Tiger Cubs Stung by Rout Dumped Stocks, Then Missed Rally (bloomberg)
- Schumer says Sinema left ‘no choice’ but to cut carried interest from key bill (cnbc)
- What Is It About Friendships That Is So Powerful? (nytimes)
- Opinion: Step aside, FAANMGs. This new crop of tech companies are the ones to watch for the next decade. (marketwatch)
- Study Suggests That Pill Can Cut Hereditary Cancer Risk by 60 Percent (futurism)
- Changing World Order with Ray Dalio and Tony Robbins (Tony Robbins)
- Investing The Warren Buffett Way: EPS Screening (forbes)
- Why Is Taiwan Semiconductor’s Stock So Cheap? (morningstar)
- 10 Stocks for a Recession (morningstar)
Where is the money flowing?
Tom Hayes – Quoted in Zero Hedge article – 8/1/2022
Thanks to Tyler Durden for including me in his article on ZeroHedge today. You can find it here:
Click Here to View The Full Article on ZeroHedge
Be in the know. 15 key reads for Friday…
- Musk Sees Inflation Easing, Citing Tesla’s Costs Coming Down (bloomberg)
- The Bull Market in Biotech (barrons)
- Kyrsten Sinema Wins Tax Changes to Democrats’ Climate Bill (wsj)
- GE’s Looming Breakup Means It’s Time to Buy the Stock (barrons)
- Meta’s first-ever corporate bond deal sees $30 billion in demand despite Zuckerberg’s gloomy warning (marketwatch)
- Expedia Stock Jumps on Solid Earnings. People Are Traveling. (barrons)
- New Buyback Tax Will Force Companies to Think Twice on How to Use Cash (barrons)
- Almost Half of Mortgaged Homes in US Now Considered Equity-Rich (bloomberg)
- Million-Dollar Ferraris, Lambos to Defy Bear Market at Pebble Beach (bloomberg)
- New Weight-Loss Drugs Can Fatten Drugmakers’ Profits (wsj)
- Alibaba-backed AI Speech moves forward with Star Market listing plan, aiming to raise US$1.5 billion in Shanghai IPO (scmp)
- Alibaba-backed AI Speech moves forward with Star Market listing plan, aiming to raise US$1.5 billion in Shanghai IPO (scmp)
- Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels (marketwatch)
- Speculators Exit Agricultural Markets, Intensifying Crop Selloff (wsj)
- ‘Bullet Train’ Review: Brad Pitt’s Rowdy Ride (wsj)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 146
Who are the 50 people influencing markets the most this year? Tell MarketWatch what you think here: (marketwatch)
Article referenced in VideoCast above:
Hedge Fund Tips with Tom Hayes – Podcast – Episode 136
Who are the 50 people influencing markets the most this year? Tell MarketWatch what you think here: (marketwatch)
Where is the money flowing?
Be in the know. 21 key reads for Thursday…
- Alibaba stock shoots higher after company beats on earnings, says business improved in June (marketwatch)
- 80% of new IRS revenue will come from small businesses earning under $200K: tax experts (nypost)
- SoftBank raises $22bn in moves to sell down Alibaba stake (ft)
- Tiger Global blames inflation after 50% drop in flagship hedge fund (ft)
- Big Tech Is the West’s Surprise Weapon in Competition With Russia, China (wsj)
- Russia Claims Capture of Donbas Position Long Held by Ukrainian Forces (wsj)
- Iran Nuclear Negotiators to Meet in Last-Ditch Effort to Revive Deal (wsj)
- Phone Hacks to Get You Out of Customer-Service Hold (wsj)
- Michael Saylor Bet Billions on Bitcoin and Lost (wsj)
- Alnylam Shares Soar as Drug Trial for Heart Disease Delivers Positive Results (wsj)
- MMA fighter springs into action to take down NYC assault suspect (nypost)
- Sinema Stalls Revamped Reconciliation Bill, Demands Several Changes (zerohedge)
- Goldman, Bernstein Strategists Say Stock Rally Set to Fade (bloomberg)
- Lamborghini CEO on Going All Electric: ‘We Don’t Need to Decide Now’ (bloomberg)
- Facebook parent Meta is looking to potentially tap the bond market for the first time ever (businessinsider)
- The Federal Reserve is playing with fire as recession risk rises, says the top strategist at JPMorgan Asset Management. Here are 4 ways investors can protect their money. (businessinsider)
- Alibaba Sales Better Than Feared in Defiance of Economic Turmoil (yahoo)
- Alibaba appoints two independent directors as it seeks Hong Kong primary listing (scmp)
- Why the U.S. stock rally looks more like a new bull market than a bear bounce to these analysts (marketwatch)
- WTI Oil Falls Below $90 for First Time Since Ukraine Invasion (bloomberg)
- Jack Ma’s Ant Sees Profit Fall 17% After Regulatory Setback (bloomberg)