Some more interesting news:
China’s $42 trillion financial sector is set to open up to the world like never before. To deliver on longstanding pledges and help stave off the threat of tariffs from U.S. President Donald Trump, Chinese officials have set a June 30 deadline to ease ownership and business restrictions for banks, securities firms, asset managers and life insurers.
China's About to Give Global Finance the Chance of a Lifetime - Bloomberg
And indeed, Chinese bonds (unlike American, at the moment) are already popular:
Foreign investors increased their holdings of onshore Chinese bonds by a record last month, as the debt posted the biggest advance in more than two years. Overseas investors purchased net 66.4 billion yuan ($10.4 billion) of the securities in April to bring the total holdings to an unprecedented 1.15 trillion yuan, according to data from the China Central Depository & Clearing Co. That was the biggest increase ever for data going back to 2014, and more than triple the net purchase of 20.7 billion yuan the previous month... Chinese bonds had their best returns since December 2015 last month as interbank liquidity improved and inflation concerns eased, while most other major markets saw losses as central banks prepared to unwind stimulus.
Global Funds Boost Holdings of Chinese Bonds by Record in April - Bloomberg
Google is at the center of a "Battle Royale" with Amazon, Facebook and Apple, says Dan Ives, chief strategist with GBH Insights. "This is really a pivotal conference to put their stamp on AI. Google wants developers to bet on them and their platform but the developers need to see compelling product capabilities and roadmap before they believe in the Google gospel," Ives said. It's no coincidence that Google CEO Sundar Pichai referred to Google as an "AI-first company" during last month's earnings conference call.
Is Google's AI effort ready for primetime? - Business Insider
Learn from the master in three easy tips distilled from decennia of wisdom:
Buffett's track record is unparalleled. From 1965 to 2017, Berkshire Hathaway's rising market value generated a 20.9 percent annual return compared to S&P 500's 9.9 percent, resulting in a cumulative gain of 2,404,748 percent versus the market's 15,508 percent return. CNBC researched Buffett's strategy combing through decades of Berkshire Hathaway meeting transcripts using the Buffett Archive to find his best wisdom and strategies for the average investor. Here is what we found.
Warren Buffett’s three best investing tips explained
All of the following are terribly expensive though, but perhaps Cramer is onto something:
Cramer listed seven data companies that he believes "offer the best opportunities for trading," referring to them as "Cloud Kings." "I genuinely believe that we are early on in sophisticated cloud adoption that can harness these companies' tools," Cramer noted. The seven companies cited by Cramer are Salesforce.com Inc. (CRM - Get Report) , Workday Inc. (WDAY - Get Report) , ServiceNow Inc. (NOW - Get Report) , Splunk Inc. (SPLK - Get Report) , New Relic Inc. (NEWR - Get Report) , VMWare Inc. (VMW) , and Adobe Systems Incorporated (ADBE - Get Report) .
Jim Cramer Says 'Cloud Kings' Are a Better Bet Than FANG Stocks Right Now - TheStreet