GOOG

• It wasn't Obama this time: Pakistani teen, Indian activist win Nobel Peace Prize (Reuters)
• Surging VIX Shakes Bulls as S&P 500 Charts Go Haywire (BBG)
• Global shares hit six-month low as growth worries mount (Reuters)
• Police, protesters clash in St. Louis ahead of weekend of rallies (Reuters)
• We're Sitting on 10 Billion Barrels of Oil! OK, Two (BBG)
• Spain seeks answers as seven more enter Ebola isolation (Reuters)
• Iran will sell its oil to Asia in November at the biggest discount (BBG)
• Redefining honeypot: U.S. DEA 'most interested' in U.S. investors in Canadian marijuana firms (Reuters)
• UKIP Wins First Commons District With Conservative Defector (BBG)
• Fake Ebola Patients Help Hospitals Prepare for Next Case (BBG)

• U.S., backed by Arabs, launches first strikes on fighters in Syria (Reuters, BBG)
• But not all all back: Turkey Bars Kurds From Entering Syria to Fight Islamic State (BBG)
• Dollar Weakens on Airstrikes; Europe Stocks Drop (BBG)
• Ready for Rate Riot? Emerging Markets Set to Follow Fed (BBG)
• White House fence jumper had ammunition, machete in car, prosecutors say (WaPo)
• El-Erian "would have done things differently" (Reuters)
• Eurozone business growth slows in September, PMI survey finds (BBC)
• Shrinking Bond Desks Taken by Journeymen as Masters Fade (BBG)
• Manufacturing Rebound Relieves Growth Concerns in China (BBG)
• Former Trader Quits Playboy Club to Open Own Restaurant (BBG)

• Quid pro quo Clarice: Iran seeks give and take on Islamic State militants, nuclear program (Reuters)
• Alibaba’s Banks Said to Boost IPO Size to Record $25 Billion (BBG)
• European Stocks Fall Amid China Concern as Tesco Slides (BBG)
• Tesco Suspends Executives, Probes Error That Triggers New Profit Warning (WSJ)
• Kurds say they have halted Islamic State advance on Syrian town (Reuters)
• Because luck and managing money is genetic: Financial Elite's Offspring Start Their Own Hedge Funds (WSJ)
• Islamic State Onslaught Spurs Mass Exodus of Syrian Kurds (BBG)
• Rockefellers, Heirs to an Oil Fortune, Will Divest Charity From Fossil Fuels (NYT)

• Scots spurn independence in historic vote but demand new powers (Reuters)
• Salmond’s Journey as Scotland’s Leader Ends Short of Destination (BBG)
• European Stocks Rally to 6 1/2-Year High on Scottish Vote (BBG)
• Jack Ma Planning Personal Roadshow With Clinton to Immelt (BBG)
• Some consumers say Apple is losing its 'cool' factor (Reuters)
• Gold IPhones at $3,600 as China Delay Fuels Black Market (BBG)
• This Man's Job: Make Bill Gates Richer (WSJ)
• Mom-and-Dad Banks Step Up Aid to First-Time Home Buyers (BBG)
• France says it launches first air strikes in Iraq (Reuters)

With a market capitalization of $168 billion after its pricing at $68/share, the upper end of the range which makes this the largest US IPO in history and would be the largest in the world if the greenshoe is exercised, Alibaba, while not a member of the S&P 500 (at least not immediately), will have a market cap that is larger than the following index members:

• Thank you market Chief Risk Officer Bernanke/Yellen: Calpers to Exit Hedge Funds, Divest $4 Billion Stake (BBG)
• World stocks hit one-month low, caution ahead of Fed (Reuters)
• U.S. Efforts to Build Coalition Against Islamic State in Iraq, Syria Are Hampered by Sectarian Divide (WSJ)
• Time to throw away some more good money: Sears Borrows $400 Million From Lampert’s ESL Investments (BBG)
• Wildfires rage in California drought, hundreds forced to flee (Reuters)
• United Offers $100,000 Buyouts to Flight Attendants (BBG)
• Biggest Banks Said to Overhaul FX Trading After Scandals (BBG)
• You mean you have to pay? Administration threatens to cut off ObamaCare subsidies to 360,000 (The Hill)
• RBS Said to Dismiss Most of Team Overseeing Central Europe Debt (BBG) they will be hired by the ECB

• Euro left reeling after ECB's liquidity splurge (Reuters)
• Coalition Emerges to Battle Islamic State Militants (WSJ)
• Ukraine Gas Chief Takes on Gazprom in Race With Winter (BBG)
• Nato leaders fail to agree spending targets (FT)
• JPMorgan Had Exodus of Tech Talent Before Hacker Breach (BBG)
• Mercedes-Benz Sales Rise Despite Weak German Demand (WSJ)
• Secret Network Connects Harvard Money to Payday Loans (BBG)
• ICE looks to crack financial data market (FT)

• Obama Cools Talk of Strikes Against Islamic State in Iraq or Syria (WSJ)
• Separatists say will allow 'trapped' Ukrainian forces to withdraw (Reuters)
• Ukraine Fighting Surges as Russian-Backed Forces Gain (BBG)
• Missouri police sued for $40 million over actions in Ferguson protests (Reuters)
• BTFDividend stocks? Tesco Slumps as Retailer Slashes Dividend 75% on Forecast (BBG)
• In town halls, U.S. lawmakers hear voter anger over illegal migrants (Reuters)
• Obamacare’s Latest Threat Nears Turning Point in Court (BBG)
• Untangling the Mess of Austrian Bank Hypo (WSJ)
• The billion-dollar fall of the house of Espirito Santo (Reuters)
• Manhattan Condo Resale Prices Reach Record High (BBG)
• California Drought Squeezes Wells: State Considers Regulating Groundwater Use for First Time (WSJ)

• Jackson Hole Theme: Labor Markets Can’t Take Higher Rates (BBG), or anything else for that matter
• Kidnappers free American missing in Syria since 2012 (Reuters)
• More unpatriots: Burger King in merger talks with Canada's Tim Hortons (Reuters)
• California Quake to Cost Insurers Up to $1 Billion, Eqecat Says (BBG)
• Congo declares Ebola outbreak in northern Equateur province (Reuters)
• Missouri Governor Defends Ferguson Prosecutor (BBG)
• Kuroda Douses Japan Stimulus Expectations (WSJ)
• London Jihadi Call Vies With Banks in Canary Wharf Shadow (BBG)
• Netanyahu Signals Expansion of Air Attacks in Gaza (WSJ)
• Libya's Islamist Militias Claim Control of Tripoli (WSJ)

• Just how many rats are there? Steven Cohen's Firm Loses Another Top Executive (WSJ)
• Iceland Sees a Potential Volcanic Eruption, and Airlines Cower (Bloomberg)
• Iraqi forces battle to drive jihadists from Saddam's home town (Reuters)
• Israel, Palestinians Agree to Extend Gaza Truce for 24 Hours (BBG)
• Pimco now buying junk (BusinessWeek)
• Pakistan arrests 147 in Punjab towns as protests in capital continue (Reuters)
• Ex-Rabobank Employee Pleads Guilty in Libor-Rigging Probe (BBG)
• Ebola Orphans Targeted by Aid Groups as Newest Victims (BBG)
• Two California youths accused of plotting high school shooting spree (Reuters)
• Only Rich Know Wage Gains With No Raises for U.S Workers (BBG)

• Barack Obama's 'vacation from hell' (Politico)
• Russian aid convoy checked; military vehicles mass near Ukraine (Reuters)
• Ukraine Says APCs Entered From Russia to Aid Insurgents (BBG)
• Islamic State Said to Challenge Al-Qaeda for Leadership (BBG)
• Missouri protests calmer after governor puts black police captain in charge (Reuters)
• Finally someone will prove the US is a pyramid scheme (in a 1000 page presentation): Ackman’s Pershing Square Sues U.S. Over Fannie, Freddie (BBG)
• Banks, Financial Firms Load Up on Cheap Debt (WSJ)
• Putin to Meet Finnish President as Threat of Cold War Grows (BBG)

Curious what (long) positions hedge funds bought, sold, initiated or liquidated in the second quarter? Then the following summary, courtesy of RanSquawk is for you. And while these 13F reports are far less relevant than they used to be when central-planning wasn't the rule of the land, keep a close eye on these most frequently mentioned stocks: AAPL, DG, AAL, MNK, FB, PCLN, GM, VZ, AGN, AIG, DTV, CMCSA, WMB, QCOM, APC, and CBS.

For everyone curious how the market's favorite "balls to the wall" barometer did in the second quarter (which ended 45 days ago), here is the full breakdown.

• Police fire tear gas, stun grenades at Missouri protesters (Reuters)
• Putin’s Pipeline Bypassing Ukraine at Risk Amid Conflict (BBG)
• Russia's Largest Oil Company Seeks $42 billion to Weather Sanctions (WSJ)
• Shells hit central Donetsk, Russian aid convoy heads towards border (Reuters)
• U.S. Tightens Sanctions, Putting More Russian Companies at Risk (BBG)
• How to Blindly Score 43% Profit Overnight in China Stocks (BBG)
• Tears guaranteed: San Diego Pension Dials Up the Risk to Combat a Shortfall (WSJ)
• Euro Recovery Halts as Germany Shrinks, France Stagnates (BBG)
• Billionaire Found in Middle of Bribery Case Avoids U.S. Probe (BBG)
• Hillary Clinton, Barack Obama 'Hug It Out' on Martha's Vineyard (WSJ)

• Obama says Missouri shooting death tragic, reflection needed (Reuters)
• U.S. Weighs Iraq Rescue Mission to Save Yazidis (WSJ)
• Maliki says Abadi's appointment as Iraqi PM 'has no value' (Reuters)
• Iran Joins U.S. in Backing Replacement for Iraq’s Maliki (BBG)
• Kurds Push Attack in North Iraq as Maliki Clings to Power (BBG)
• Obama Donors Embrace Corporate Inversions He Criticizes (BBG)
• Syrian Forces Advance on Aleppo, Rebels Fear Another Siege (WSJ)
• Israel, Palestinians pursue Gaza deal with ceasefire clock ticking (Reuters)
• Ebola Drug’s Success Bolsters Approach for Other Diseases (BBG)
• With Natural Gas Byproduct, Iran Sidesteps Sanctions (NYT)
• Kazakhs to Hoard Food as Putin Sanctions Rattle Alliance (BBG)