In BIG PICTURE NEWS, we see Trump take on tariffs, Powell and corn syrup while more American students choose the UK - where inflation rises and the City thinks Reeves's reforms are meh. In FINANCIALS NEWS, central banks fret about stablecoins while Bank of America, Goldman Sachs and Morgan Stanley flourish. In TECH NEWS, Nvidia moves forward, ASML is pleasantly surprised, OpenAI searches for revenues, WeTransfer reacts to a backlash, Musk launches an AI girlfriend and Meta announces a huge data centre. In MISCELLANEOUS NEWS, Grabagun's IPO misfires, we look at Visma's success, the US justice department tying up loose ends, the booming immigration detention industry, Stellantis abandoning hydrogen and Diageo's search for a new leader. AND FINALLY, I bring you some love toast...
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