Be in the know. 12 key reads for Friday…

  1. Nike Stock Is at Its Cheapest in a Decade. It Will Make a Comeback. (barrons)
  2. Buy the dip on Nvidia and other chip stocks? Not quite yet, says this analyst. (marketwatch)
  3. Disney+, Hulu, Max launch their new streaming bundle — at a 38% discount (marketwatch)
  4. 20 value stocks scoring highest for long term returns on invested capital (marketwatch)
  5. Royal Caribbean Raises Its Outlook. Cruise Demand Is Strong. (barrons)
  6. Auto Stocks Were Crushed. Everything Is Fine. Really. (barrons)
  7. 3M Earnings Are Coming. Investors Want Growth. (barrons)
  8. Economic Growth Quickens, Rising at 2.8% Rate in Second Quarter (wsj)
  9. Real Estate Crisis? Small Banks Say Their Loans Are Fine. (nytimes)
  10. Cracker Barrel CEO gives progress update on the chain’s turnaround plan (cnbc)
  11. GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed (cnbc)
  12. Alibaba, Tencent quickly adopt Meta’s Llama 3.1 AI model amid excitement (scmp)

Be in the know. 5 key reads for Thursday…

  1. Yen Surges as Traders Bet the Big Turning Point Is Finally Near (bloomberg)
  2. Japanese Population Falls at Fastest Pace in Demographic Crisis (bloomberg)
  3. Japan Business Service Prices Jump, Backing Case for Rate Hike (bloomberg)
  4. China Unexpectedly Cuts One-Year Policy Rate by Most Since 2020 (bloomberg)
  5. ‘Magnificent Seven’ stocks see worst drop since launch of ChatGPT — with $1.7 trillion in value erased in 2 weeks (marketwatch)