Watson’s Weekly 07-02-2026
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1BIG PICTURE NEWS
It's the week of Mandelson/Epstein, the precious metals rollercoaster and bitcoin weakness
2IN BUSINESS & INVESTMENT TRENDS
The car industry continues to worry about the Chinese influx, SpaceX buys xAI and Zurich wins out in the end
3IN EMPLOYMENT, CONSUMER & RETAIL NEWS
US job cuts surge, UK consumers could be at a turning point and Asda's slide continues
4IN TECH & SOCIAL MEDIA NEWS
Investors can't shake AI overspend worries, tech companies plough money into AI infrastructure anyway and Spain looks to ban social media for the under-16s
5IN AUTOMOTIVE NEWS
Chery looks to put another brand into the UK, the EV market goes into reverse and Ford sees sales fall
6IN MISCELLANEOUS NEWS
Paul Weiss has quite the week, Lammy's on the front foot and Novo Nordisk is pessimistic