- Wall Street’s biggest bear flips, raises S&P 500 price target by 20% (yahoo)
- Deck Maker’s $450 Million Bet on America’s Renovation Boom (wsj)
- Alibaba Shares Rise as Investors Grow Confident in Long-Term Outlook (wsj)
- ‘Dumb Money’ Loses $13.1 Billion In Latest GameStop Stock Mania (investors)
- Chinese stocks see ‘golden cross’ in latest sign rally could continue (marketwatch)
- <Research>G Sachs Raises 12-Mth Target of MSCI China Index to 70 pts, CSI 300 to 4,100 pts (aastocks)
- BABA’s Taobao Tmall ‘618’ To Offer RMB200B Rapid Repayment Quota to Merchants (aastocks)
- Will China’s plan for housing buys help smooth the road to economic recovery? (scmp)
- China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors (scmp)
- Florida’s 125% Surge in Property-Insurance Bills Sows Havoc (bloomberg)
- Opinion: Corporate insiders at these companies are telling us that consumers are cruising (marketwatch)
- Dollar rally falters as falling inflation raises hopes of rate cuts (ft)
Indicator of the Day (video): NYSE Panic Thrust
Be in the know. 7 key reads for Sunday…
- S&P Profit Recovery Revs Up on Big Tech and Strong Consumer (bloomberg)
- Google Is Hitting Back in the AI Race. Travel Could See the First Big Change. (barrons)
- AI companies seek big profits from ‘small’ language models (ft)
- The PBOC (“Big Momma”) Releases Real Estate Policy Bazooka, Week in Review (chinalastnight)
- China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market (cn)
- How Spirit AeroSystems fits into Boeing’s rebound plan (cnbc)
- Can Google Give A.I. Answers Without Breaking the Web? (nytimes)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 239
Article referenced in VideoCast above:
BABA Bad or BABA Beautiful? Stock Market (and Sentiment Results)…
Hedge Fund Tips with Tom Hayes – Podcast – Episode 239
Article referenced in podcast above:
BABA Bad or BABA Beautiful? Stock Market (and Sentiment Results)…
Quote of the Day…
Be in the know. 15 key reads for Saturday…
- BlackRock’s Rieder: Federal Reserve Rate Cuts Needed to Tame Inflation (cnbc)
- Companies are leaning into opportunity in China (cnbc)
- China’s industrial output up 6.7 pct in April (cn)
- 3 Reasons to Buy Alphabet Stock Like There’s No Tomorrow (fool)
- Buy Nestlé Stock. Despair Is Turning to Hope. (barrons)
- A Cheap Dividend Aristocrat to Buy Before It Bounces Back (morningstar)
- Weekly Leading Economic Index (advisorperspectives)
- Inside Disney’s Hunt to Replace Bob Iger as CEO: Bibbidi Bobbidi Who Will It Be? (vanityfair)
- Alibaba sees steady revenue increase, GMV and order numbers on Taobao and Tmall return to double-digit growth track (technode)
- AI creates level playing field, can provide most people with equal opportunities, says Sundar Pichai (firstpost)
- The highs and lows of US rents (npr)
- Google Puts AI in Its Search Engine (inc)
- Charts with a message (scottgrannis)
- Alibaba Back on Growth Track with GMV Up Double Digits, Extra Dividend to Shareholders (alizila)
- Alibaba Overhauls Taobao Website Ahead of Revamped 6.18 Sale (alizila)
Where is money flowing today?
Indicator of the Day (video): PMO Buy SPX
Be in the know. 17 key reads for Friday…
- Chinese vice-premier calls on cities to buy back residential land, unsold homes (scmp)
- China’s e-commerce market still has ‘ample room’ for growth: JPMorgan analyst (scmp)
- Emerging-Market Stocks Are Breaking Out, and Could Beat the S&P 500 From Here (barrons)
- China Attempts to End Property Crisis With Broad Rescue Package (bloomberg)
- Vietnam’s Economy Is Humming. 3 Growth Stocks to Play. (barrons)
- Utilities Are Meant to Be Sleepy. They’re the New Growth Stocks. (barrons)
- Is PayPal a Millionaire Maker? (yahoo)
- China Is Finally Getting Serious About a Housing Rescue (wsj)
- Walgreens and CVS Are Trying to Fix America’s Flailing Pharmacies (bloomberg)
- David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China (bloomberg)
- PBOC Earmarks $42 Billion for State Buying of Unsold Homes (bloomberg)
- Intel Inside Ohio (bloomberg)
- Canada Goose jumps 16% after the company reports growth surge in China (cnbc)
- China just unveiled the strongest remedies yet for its troubled housing market (businessinsider)
- Openwashing (nytimes)
- Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake (streetinsider)
- After bumping S&P 500 target, BMO is also turning more bullish on Canada (streetinsider)