Be in the know. 11 key reads for Monday…

  1. Alibaba leads cloud service market in China in Q1 (Alibaba Cloud led with a 37% market share). In the first quarter, China’s cloud service spending rose by 20% year-over-year to $9.2 billion, according to the latest data from market research firm Canalys. (technode)
  2. This week’s U.S. inflation report could have serious implications for stocks (marketwatch)
  3. The Holy Grail Cars? Get Them While They Last. (nytimes)
  4. Taobao deepens integration with Ele.me after suggestions Alibaba could sell the delivery service (technode)
  5. Martin Short Brings Back Jiminy Glick For An Interview With Bill Hader (digg)
  6. Mainland China’s cloud service spend grew by 20% in Q1 2024 (canalys)
  7. What Does Your Handicap Index Really Mean? (mygolfspy)
  8. How Brad Jacobs Plans to Revolutionize Building Supply Distribution (bloomberg)
  9. Stew Leonard, Jr.: Prices are about the same as they were last Fourth of July (foxbusiness)
  10. Dubai’s Top Hotel Concierge Provides an Insider’s Glimpse to the Glitzy City (barrons)
  11. China’s AI competition deepens as SenseTime, Alibaba claim progress at AI show (scmp)

Be in the know. 10 key reads for Sunday…

  1. US Wage Growth Slows, As Expected (tradingeconomics)
  2. Conagra Took a GLP-1 Hit. Why Its Stock Is Worth a Look. (barrons)
  3. Building the Bell System (construction-physics)
  4. A.I. Begins Ushering In an Age of Killer Robots (nytimes)
  5. Britain is now a beacon of stability — in five charts (ft)
  6. China’s central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. (reuters)
  7. Texas coast braces for potential hit by Beryl, which is expected to regain hurricane strength (apnews)
  8. One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise (fortune)
  9. First Drive: The 690 HP McLaren Artura Spider Deftly Balances Grunt and Grace (robbreport)
  10. The 15 Greatest Concept Cars of the 21st Century (So Far) (robbreport)

Be in the know. 20 key reads for Saturday…

  1. Are Slip-On Vans The Sambas Of Summer 2024? “Since being spotted on the likes of Emily Ratajkowski, Sofia Richie, the Olsens and Renggli designer Morgan Stewart McGraw recently, interest in the shoes has spiked. Google searches for the classic checkerboard styles have increased by 5,000% in the past 90 days, while over on TikTok, videos about the trend have surpassed 41.6 million.” (elle)
  2. Cooling Jobs Data Put September Rate Cut ‘Solidly in Play’ (barrons)
  3. US unemployment rises up to 4.1%, 206K jobs added as analysts urge fed to cut rates (nypost)
  4. China’s Central Bank Borrows ‘Hundreds of Billions’ of Yuan in Government Bonds (wsj)
  5. AI has all the answers. Even the wrong ones (ft)
  6. Smaller US companies are starved of investor attention (ft)
  7. Boom in active bond ETFs could put total inflows on track for $1tn year (ft)
  8. Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half (bloomberg)
  9. Nvidia Gets Rare Downgrade on Valuation Concerns After Rally (bloomberg)
  10. Waymo’s Robotaxi Rollout is a Landmark Moment for Driverless Cars (bloomberg)
  11. China Is Finally Starting to Do Something About the U.S. Fentanyl Crisis (wsj)
  12. Big Banks Are Taking Hits From Commercial Real Estate (wsj)
  13. Opinion: What Nvidia investors can learn from the roaring 1920s and the radio bubble (marketwatch)
  14. A Weak Yen Will Persist Until the Fed Cuts Rates (barrons)
  15. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  16. 2-year Treasury yield ends at lowest since March on signs of deteriorating labor market (marketwatch)
  17. 33 Undervalued Stocks (morningstar)
  18. Why These Custom Land Rover Defenders Are The Ultimate British SUVs (maxim)
  19. The 1,600-HP Koenigsegg Jesko Absolut Hypercar Just Crushed Four World Speed Records (maxim)
  20. Why the S&P 500 is poised to rocket 100% in 5 years (yahoo)