In MACRO, BUSINESS TRENDS & COMMODITIES NEWS, Trump gets momentum and US defence companies lag Europeans while iron ore and pork prices fall. In CAR-RELATED NEWS, the Chinese EVs are coming, Tata wants to split out its car business and the UK's used-car market shows signs of rebounding. In TECH NEWS, Apple gets a big fine, China tries to help smaller AI players and Twitter's ex-boss sues Musk. In MISCELLANEOUS NEWS, Hipgnosis slashes the value of its portfolio, Clarkson delivers and there's more evidence of a retail sales slowdown. AND FINALLY, I bring you flat croissants...