In BIG PICTURE NEWS, Democrats seek revenge, Bessent moves to a military base, Spain gets its first general strike in 14 years, schools around Europe get bomb threats, Helsing's new thing rivals Palantir and Saudi oil production rebounds. In TECH & MEDIA NEWS, US tech stocks rally, Nvidia's board is to decide Huang's fate, Fractile hits a $7bn valuation and ITV cuts its content budget. In CONSUMER & RETAIL NEWS, luxury groups turn to the US for growth, Gulf shoppers cut down, pessimism rises in the UK property market, Aldi makes cuts, Poundland survives for now and M&S is on a roll. MISCELLANEOUS NEWS, Simpson Thatcher joins others in withholding financial data and we consider lessons from Ueno's collapse. AND FINALLY, I bring you a home-made water park...