✨ Value Investing Substack NEWS - STOCKS, STOCKS, STOCKS!
All your Favorite Stock Market News Over the Past 30 Days. Also, Get Your Free SEA Ltd Stock Report by clicking the link below!
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LONG-READS:
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’ | WSJ
Intel is building Meteor Lake chips like you build your PC. It’s a big deal.
Berkshire Meeting Transcripts from 1994 - 2022 (3,439 Pages of Reading Material). [Reddit]
Even With Disney+’s Looming Price Hike, Streamer Is ‘Way Underpriced,’ Says CEO Bob Chapek (Streaming - America)
LAST MONTH: STOCKS, STOCKS, STOCKS!
(randomly sorted in no particular order)
Stock Markets:
ASEAN stocks:
Bloomberry eyes new resort and casino in Ternate (Philippines - Casino)
Capital A 2Q net loss widens to RM931m amid forex loss, share of loss from associates (Malaysia)
CIMB to exit its stockbroking JV with CGS? (Banking - Malaysia)
Tony Fernandes: Capital A progressing with AirAsia aviation, Super App New York listing plan (Aviation - Malaysia)
AirAsia named Asia’s leading low-cost airline for seventh year in a row (Aviation - Malaysia)
“All is not lost for Top Glove; rebound imminent after hitting rock bottom” (Malaysia)
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up (Tech - Malaysia)
Southeast Asia LCCs see business taking off (Aviation - ASEAN)
Glove makers look cheap but daunting outlook keeps investors away (Malaysia)
Commodities & Energy:
Record outflows from commodity ETPs obscure long-term demand | FT (Commodities)
Repsol to sell $4.8bn stake in oil and gas business | FT (Energy - America)
Goldman Says Buy Commodities, ‘Worry About Recession Later’ | Bloomberg
Metal Plants Feeding Europe’s Factories Face an Existential Crisis | Bloomberg (Industrials - Europe)
European natural gas prices surge 36% after Russia halts Nord Stream 1 flows indefinitely (Energy - Europe)
EU seeks windfall tax threshold for electricity groups well below market rate | FT (Energy - Europe)
Real Estate:
Hong Kong tycoon calls bottom of China’s property slump | FT (Real Estate - China)
What's going on in the Chinese real estate market? (Part 2) (Real Estate - China)
Evergrande bondholders push their own plan for debt revamp | FT (Real Estate - China)
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says | WSJ (Real Estate - China)
Evergrande crisis deepens after lender seizes headquarters | FT (Real Estate - China)
Tech:
Alibaba: SEC Steps In | Seeking Alpha (Tech - China)
Prosus Cuts Tencent Stake in Latest Pullback From Chinese Firms | Bloomberg (Tech - China)
TikTok’s Secret To Explosive Growth? ‘Billions And Billions Of Dollars’ Says Snap CEO Evan Spiegel (Tech - China)
ByteDance gives up on TikTok-like e-commerce app as world’s most valuable unicorn pushes on with cost-cutting (Tech - China)
Pinduoduo Plans US Launch (Tech - China)
Apple employees claim they’re doing ‘exceptional work’ remotely as Tim Cook orders them back. They’re probably wrong (Tech - America)
Snowflake shares pop 23% following revenue beat (Tech - America)
Will the cloud kill the data centre? Jim Chanos thinks so | FT (Tech - America)
Snap plans to lay off 20 percent of employees (Tech - America)
The problem behind all of Twitter’s other problemsThe problem behind all of Twitter’s other problems (Tech - America)
Nvidia stock falls after U.S. government restricts chip sales to China (Tech - America)
iPhone overtakes Android to claim majority of US smartphone market (Tech - America)
Shopee rescinds job offers from its would-be employees amid rising economic uncertainty (Tech - ASEAN)
South-east Asia's rising semiconductor fortunes (Tech - ASEAN)
Exclusive: Sea Ltd shuts operations in some Latin American countries, cuts Free Fire staff in Shanghai (Tech - ASEAN)
SEC to recommend 'flexible' pathway for token registration: Gensler (Crypto)
Sea’s billionaire CEO to forgo salary as cost cuts spread (Tech - ASEAN)
Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea | Bloomberg
Adobe Tumbles After Deal to Buy Figma for About $20 Billion | Bloomberg
U.S. consumer watchdog plans to regulate 'buy-now, pay-later' companies
Semiconductor:
What Intel's new deal with Brookfield means for investors (Tech - America)
As Intel Shares Slide, CEO Gelsinger Doubles Down | BARRON's (Tech - America)
Wall Street’s top analysts say buy these stocks amid the market uncertainty (Tech - America)
Intel: World-Class Financial Engineering (Tech - America)
Intel Expects More Market Share Loss Throughout 2023, Will Likely Exit More Businesses (Tech - America)
Intel stock on track for lowest closing price in six years (Tech - America)
Indian minister says Intel is building a chip factory in the country. Intel disagrees (Tech - America)
Intel's Core i5 13400 is shaping up to be a killer budget gaming chip (Tech - America)
India’s high-stakes bid to join the global semiconductor race | FT (Tech - India)
Retail:
Michigan Chipotle outlet the chain’s first to unionize (Fast Food Chain - America)
Starbucks Names Laxman Narasimhan as Next Chief Executive Officer (Retail - America)
Walmart Opens Third-Party Seller Floodgates (Retail - America)
Auto & Logistics:
BYD’s First-Half Net Income Triples to Top End of Forecast | Bloomberg (Automobile - China)
BYD plunges after Buffett trims his stake; one fund manager says it could be a warning sign (Automobile - China)
Electric vehicles will have to wait for solid-state battery ‘game-changer’ | FT
Railroad strike averted after marathon talks reach tentative deal
Finance:
Meet the II Rising Star Bill Ackman Picked as His Successor (Hedge Fund - America)
China’s biggest four banks feel property pinch from failing loans | FT (China)
BlackRock bolsters sustainable investing team; names South-east Asia wealth head
Global Bonds Tumble Into Their First Bear Market in a Generation | Bloomberg
Soros-Backed Fund’s Christmas Night Trading Frenzy Led to Arrest | Bloomberg
Startups Are Borrowing More as the Easy Venture Capital Money Vanishes | Bloomberg