In BIG PICTURE NEWS, China uses the Arctic, Hong Kong changes are afoot, Colombia has an earthquake, the yen fades, there's speculation about Burnham raising taxes and he's going to give councils more powers. In TECH & MEDIA NEWS, banks partner with Nvidia for a massive financing, OpenAI's head of ethics leaves, Meta returns to open models, TMTG racks up the losses and the UK raises cost forecasts for Palantir's work in the NHS. In MONEY-RAISING & INVESTMENT NEWS, Shein's IPO is pitched, we see what a Tesla-SpaceX merger would mean for Musk, a UK missile and drone interceptor raises a ton of cash and hedge funds are suffering. In MISCELLANEOUS NEWS, top end home values fall, Vistry shares suffer, we see more evidence of the World Cup boost and John Lewis's MD quits. AND FINALLY, I bring you perfect chips...
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