Be in the know. 17 key reads for Thursday…

  1. PayPal’s stock packs nearly 50% upside, a renewed bull says. Here’s why. (marketwatch)
  2. ‘Father of emerging markets’ Mark Mobius turns bullish on China stock as property measures restore confidence (scmp)
  3. Container throughput at China’s ports up 9 pct in January-April (cn)
  4. IMF ups China’s 2024 GDP growth forecast to 5 pct (cn)
  5. The Rise in Consumers’ Late Debt Payments Is Slowing Down (wsj)
  6. This Record Stock Market Is Riding on Questionable AI Assumptions (wsj)
  7. You Can Thank Private Equity for That Enormous Doctor’s Bill (wsj)
  8. Money Supply Rose for the First Time in More Than a Year. What That Signals for the Economy. (barrons)
  9. Warren Buffett Is a Big Fan of Shareholder Equity. 10 Companies With the Most. (barrons)
  10. The S&P 500 may be overbought, but most of its stocks are not (marketwatch)
  11. Blackstone executive says commercial real estate is bottoming (marketwatch)
  12. The South Park jinx could be coming for high-flying weight-loss stocks (businessinsider)
  13. US Pending Home Sales Plunged To Record Lows In April As Rates Rose (zerohedge)
  14. Richard Li States Strong Confidence in HK Economy (aastocks)
  15. High Interest Rates Are Working, Fed’s Williams Says (bloomberg)
  16. Fed’s Williams expects inflation to cool in the second half of the year (marketwatch)
  17. Alibaba expands AI portfolio with US$27 million start-up investment (scmp)

Be in the know. 13 key reads for Wednesday…

  1. Why This Legendary Value Manager Likes Alphabet and Citigroup Stock (barrons)
  2. Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase. (barrons)
  3. Cruise Stocks Are Steaming Ahead. It Isn’t Too Late to Jump Aboard. (barrons)
  4. Chewy Stock Gains After Earnings. Autoship Sales Are Strong. (barrons)
  5. Hedge funds sell out of U.S. cyclical stocks at fastest rate this year (marketwatch)
  6. Activist Investor Irenic Builds Stake in Forward Air (wsj)
  7. Consumer confidence rebounds for first time in 3 months (finance.yahoo)
  8. Yen May Ironically Get Help From The Fed Of All Places (zerohedge)
  9. A ‘robust’ earnings outlook is driving further optimism for stocks in 2024 (finance.yahoo)
  10. IMF raises China growth forecast but warns on industrial policy (ft)
  11. In China’s Tech Sphere, Everything Eventually Descends Into a Price War (bloomberg)
  12. ECB member says rates to ease ‘gradually,’ as market awaits June cut (cnbc)
  13. How China Pulled So Far Ahead on Industrial Policy (nytimes)

Be in the know. 22 key reads for Tuesday…

  1. PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers (wsj)
  2. China, Hong Kong stock markets are back in favour with global investors, HKEX CEO Bonnie Chan says (scmp)
  3. CPC leadership reviews measures to further energize central region, provisions to defuse financial risks (cn)
  4. China’s Xi Pledges to Make Youth Employment a Top Priority (bloomberg)
  5. U.S. consumer confidence rebounds in May after three months of decline (marketwatch)
  6. Home prices reach new high in March, Case-Shiller says, fueled by scarcity (marketwatch)
  7. This Wall Street Shake-Up Will Put Money in Your Hands Faster (barrons)
  8. UBS leapfrogs UBS with new S&P 500 price target (marketwatch)
  9. Apple iPhone Shipments In China Rebound 52%, Market Share Loss To Huawei May Be Stabilizing (zerohedge)
  10. 7 Biases That Can Cloud Investors’ Judgment About Finances (barrons)
  11. New Rules for Buying a Home Are Coming. A Guide to Getting the Best Deal. (barrons)
  12. China Raises $48 Billion for Semiconductor Fund to Bolster Chip-Making Capabilities (wsj)
  13. Hate Chatbots? You Aren’t the Only One (wsj)
  14. How to Have a Great Vacation: What Science Tells Us (wsj)
  15. Bullish Investors Are Piling Into Stock and Bond Funds (wsj)
  16. Bankruptcies Have Left More Stores Vacant, but the Space Doesn’t Sit Empty for Long (wsj)
  17. AI Is Driving ‘the Next Industrial Revolution.’ Wall Street Is Cashing In. (wsj)
  18. San Francisco’s Hot Tourist Attraction: Driverless Cars (nytimes)
  19. The small town life beckons for many as Americans continue to flee big cities (usatoday)
  20. Hedge Funds Split Over Stocks’ Move From Here (zerohedge)
  21. Guangzhou Follows Shanghai Real Estate Policy (chinalastnight)
  22. Western businesses backtrack on their Russia exit plans (ft)

Be in the know. 27 key reads for Memorial Day…

  1. What’s Andy Jassy’s Best Business Advantage? A Positive Attitude (inc)
  2. Alibaba News Roundup: Alibaba Raises $4.5B Via Convertible Bonds; Alibaba Cloud Partners with Olympic Broadcasting Services (alizila)
  3. Alibaba Cloud Expands Data Center Network and Global Gen AI Offerings (alizila)
  4. Explore our latest Top 100 Courses in the World ranking (golf)
  5. How the world’s best memorizers remember things (fastcompany)
  6. The Curse is Broken, Charles Leclerc Wins the Monaco Grand Prix (roadandtrack)
  7. I analyzed 1,353 shots from Scottie Scheffler’s historic streak—these are the secrets to his success (golfdigest)
  8. The Best Cars That Still Offer a Manual Transmission in 2024, Ranked (roadandtrack)
  9. Google Set to Make Its Largest Acquisition Ever, Threatening Microsoft (gizmodo)
  10. For AI to Deliver on Its Promises, People Need to Trust It (cnet)
  11. Google scrambles to manually remove weird AI answers in search (theverge)
  12. 5 best Netflix comedy movies you should watch on Memorial Day (digitaltrends)
  13. Darshan Shah’s KPIs for Healthy Aging (ypo)
  14. With AI, anyone can be a coder now (ted)
  15. An activist investor on challenging the status quo (ted)
  16. How Red Lobster got cooked and other indicators (npr)
  17. How Horsepower Works (howstuffworks)
  18. Spy Slang: 24 Top Secret Terms You Should Know (mentalfloss)
  19. The Origins of All 32 NHL Team Names (mentalfloss)
  20. Nuclear Energy’s Bottom Line (theatlantic)
  21. The Man Who Moves Markets (theatlantic)
  22. Don’t Believe the AI Hype (project-syndicate)
  23. Why the US Can’t Win the Trade War With China (project-syndicate)
  24. Surfing the American Dream (slate)
  25. Something Just Flipped in the Credit Market for the First Time Since 2020 (bloomberg)
  26. 4 Predictions for What Happens If TikTok Gets Banned in the U.S., According to a Harvard Business School Professor (inc)
  27. Here are the companies OpenAI has made deals with to train ChatGPT (fastcompany)