Tuesday's daily news

Tuesday 09/05/23

In MACRO NEWS, Germany edges closer to recession and Goldman reckons UK interest rates will hit 5%. In CONSUMER, EMPLOYMENT & BUSINESS TRENDS NEWS, 100% mortgages return, UK shoppers rein it in, WFH loses its lustre and bosses get optimistic. In TECH NEWS, investors pour money into AI, Big Tech could get even bigger as a result and WhatsApp might disappear. In INDIVIDUAL COMPANY NEWS, two Alzheimer drugs offer hope and Tyson Foods slides. AND FINALLY, I bring you a vision in a martini...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 05/05/23

In MACRO, MARKETS & OIL NEWS, the ECB raises rates, the CMA vies for global impact and Shell unveils record profits!. In TECH NEWS, the big AI meeting happened and we look at why everyone is scared, how lawyers are using it as well as new pressures on Meta, Apple's results and Shopify's woes. In BUSINESS & CONSUMER TRENDS NEWS, it falls apart for Maersk, UK tourism boosts the services sector and Pinduoduo moves to Ireland, Chinese buy local carmakers and boost domestic tourism while consumers spend on houses, booze, trains, clothes and Peloton. In MISCELLANEOUS NEWS, European carmakers pour money into China, Thailand sees investment as well, Porsche and Aston Martin benefit from luxury spending, Lloyds profits boom, Icahn fights back (kind of) and Eli Lilly is close to another breakthrough!. AND FINALLY, US banks continues to suffer and Ferrari opens up sales again for its Purosangue

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 04/05/23

In MACRO, MARKETS, OIL & GAS NEWS, the Fed raises interest rates, LSE listing rule changes cause debate, oil majors rake in the trading revenues and France is left behind on gas. In TECH NEWS, AI faces a UK review, Microsoft warns of AI harm, Meta faces a ban, Qualcomm gets gloomy, refurbished iPhones in India are a hit and TikTok launches an ad product. In CONSUMER-RELATED NEWS, Eurozone jobless numbers fall, food price rises prove to be chunky, Heck gives up on vegan, Ryanair has a storming April, Airbnb goes back to basics and Flutter sees success. In MISCELLANEOUS NEWS, European carmakers pour money into China, Thailand sees investment as well, Porsche and Aston Martin benefit from luxury spending, Lloyds profits boom, Icahn fights back (kind of) and Eli Lilly is close to another breakthrough!. AND FINALLY, I bring you a very annoying illusion...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 03/05/23

In MARKETS, MACRO & OIL NEWS, UK listing rules get a revamp, UK manufacturing is in a rut and BP unveils "heinous" profits. In TECH/AI NEWS, an AI pioneer departs with a warning, education companies take an AI hit, Amnesty uses AI and Bluesky emerges as a Twitter rival. In FINANCIALS NEWS, First Republic's rescue fails to calm, HSBC unveils strong results and Icahn gets a huge kicking. In MISCELLANEOUS NEWS, Ford posts profits, Lordstown is in a pickle, UK property prices rise and shops get a pre-coronation boost. AND FINALLY, I bring you a cake-off...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 02/05/23

In BANKS NEWS, First Republic gets picked up by JP Morgan. In BUSINESS, CONSUMER & EMPLOYMENT NEWS, defence spending broadens, UK SMEs feel more confident, European shoppers push back, staycations herald good news, NDAs face scrutiny and grads have difficulties with teamwork. In TECH NEWS, Google and Musk step up their respective AI games, Twitter rolls out a paywall, Apple targets your dashboard and the UK government tries to get all tecchie. In INDIVIDUAL COMPANY NEWS, Astellas goes shopping, Getir ponders buying a rival and Adidas faces a Yeezy-related lawsuit. AND FINALLY, I bring you a bottomless crisp buffet...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 28/04/23

In MACRO, OIL & BUSINESS TRENDS NEWS, the US economy slows, the UK keeps the majority of European laws, Argentina's interest rates head to eye-watering levels, BP resists pressure, China focuses on foreign businesses and the UK gets its mojo back. In TECH NEWS, Meta surprises, Intel disappoints, Snap's sales fall, Dropbox cuts headcount and Microsoft reflects. In RETAIL & CONSUMER-RELATED NEWS, Amazon shares jump, Primark has hopes for the high street, food inflation nears its peak, Unilever is in denial and we look at gambling developments. In INDIVIDUAL COMPANY NEWS, Deutsche does OK, Barclays' profits hit a high and we look at EV safety, car charging and e-fuel as Eli Lilly has some gut-busting news. AND FINALLY, I bring you a very weird café...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 27/04/23

In TECH NEWS, the Microsoft/Activision Blizzard deal gets booted by the CMA, Meta ends its slump and Tencent continues to search overseas. In FINANCIALS NEWS, First Republic can't shake off contagion worries and Standard Chartered rides high. In CONSUMER & REAL ESTATE NEWS, Bank of Mum and Dad continues to save the day, UK gambling faces an overhaul and Persimmon builds fewer homes. In INDIVIDUAL COMPANY NEWS, Kering lags, Heathrow disappoints, GSK does well and PwC embraces AI. AND FINALLY, I bring you an unusual "job"...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

watson's daily quick bits share

Who Cares About….Web 3.0?? by Andrew Spencer

WHAT’S THE STORY?

Who Cares About….Web 3.0??

You might be like me. You will no doubt have read about Mark Zuckerberg’s vision for a metaverse by now, including his vision for ‘Web 3.0’ and wondered “what’s wrong with the trusty ol’ Web 2.0?” or “is there going to be a new version of the web anytime soon?”.  

The answer is yes – and the biggest shake-up of the internet since its creation could be just around the corner!

What is Web 3.0?

Web 3.0, or ‘Web3’, is the name for a potential new version of the internet which is decentralised and built on public blockchains – the innovative technology that makes cryptocurrency transactions possible. 

Unlike the current ‘Web 2.0’, users will not need to access the internet through services provided by tech giants such as Alphabet or Meta, but rather, the users themselves can own and control their online experience. In theory, this promises enhanced security, privacy and greater power to the user. 

1

WHY IS WEB 3.0 IMPORTANT?

The last time the internet evolved, from ‘Web 1.0’ to ‘Web 2.0’, there were huge commercial ramifications. Web 2.0 focused on interactive websites, which relied on users sharing information, interacting and collaborating online. This allowed companies such as Amazon, Facebook and Google to harvest, exploit and sell vast amounts of customer data under the guise of being ‘consumer-centric’.

In contrast, Web3 shifts this power and control back to users, who would be directly rewarded for sharing their information, viewing adverts, or consuming content – as and when they please. In other words, just “two more minutes” of late-night scrolling could become “just two more pounds” of late-night earning through selling their browsing habits. 

Yet, the pandemic has arguably accelerated the need for Web3’s most effective use, a metaverse where users can work, socialise and play in virtual reality. Decentraland and Axie Infinity are two companies that have gained a modest 50,000 users through creating basic virtual worlds running Web3. These worlds allow

users to create and trade digital assets such as land, clothing or artwork, or even proudly display any NFTs that they own. Whilst the number of current users isn’t exactly jaw-dropping, Bloomberg recently reported that the market for a larger Metaverse, likely to be running Web3, may reach £600 billion in value in the next three years. Indeed, tech-savvy creators such as Bored Ape, a self-described “Web3 streetwear brand”, previously sold an NFT for whopping $3.4 million!

Unsurprisingly, companies and venture capital firms are trying to ride the Web3 wave. Microsoft, Meta, and even Bumble are exploring integrating Web3 and a metaverse into their platforms. Yet, a metaverse using Web3 technology would run on a network of computers worldwide, rather than being controlled by a handful of technology companies. This would ensure a user-empowered ecosystem where the masses control its direction and policies. Meta CEO Mark Zuckerberg himself stated he hopes the metaverse won’t be created by one company, so that it may be less constrained by today’s platforms and regulations. Although, given how hard Facebook/Meta have fought to maintain internet dominance so far, it’s hard to imagine Meta as anything other than a powerful institution that will define what a Metaverse and Web3 mean for society. 

2

SO WHAT?

The whole concept of the metaverse – and anything related to it – is going through a rough patch currently and even Mark Zuckerberg is now mentioning AI more than he is the metaverse! As things stand, Web3 has been superseded in the public imagination by the rapid growth of AI, but it seems likely that once the dust settles, Web3 is something that will come to the fore once more as the great enabler of new technologies and our springboard into the future.

Written by Andrew Spencer, a future trainee solicitor with a particular interest in tech and life sciences. Andrew is an avid Rugby League fan who is happy to explain why it’s the greatest sport on the planet (without any success so far)…

Wednesday's daily news

Wednesday 26/04/23

In TECH NEWS, European tech laws loom large, Twitter looks unprepared, Microsoft and Alphabet outperform expectations and Microsoft promises to unbundle Teams. In CONSUMER, RETAIL & LEISURE NEWS, UK grocery price inflation stays high (probably due in part to consumer goods groups shoving price rises through!), Primark's sales climb, Ocado closes a big warehouse, McDonald's has appetite, Pret ups subscription price and Premier Inn rebounds. In FINANCIALS NEWS, First Republic causes another kerfuffle, UBS is looking pretty good but Santander suffers windfall buffeting. In INDIVIDUAL COMPANY NEWS, GM ups its forecasts, Xpeng predicts massive consolidation, Spotify embraces AI and Netflix puts money into South Korea. AND FINALLY, I bring you an unusual sighting...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 25/04/23

In MACROECONOMIC NEWS, US plays Pacific wargames, Australia overhauls its defence strategy, across-the-board export sanctions on China are rejected, India's population overtakes China's and the ECB looks likely to keep raising rates. In TECH NEWS, Apple wins its Epic Games appeal, we look at AI as a force for the good and online review farms face a reckoning. In RETAIL-RELATED NEWS, LVMH hits a $500m market cap, Adidas focuses on China, Gymshark gets a second wind and Morrisons rations peppers. In INDIVIDUAL COMPANY NEWS, Credit Suisse lays bare its outflows, First Republic joins the living dead, Hambro Perks winds down, Disney makes more cuts and Prezzo shuts restaurants. AND FINALLY, I bring you something I guarantee you've never noticed...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 24/04/23

In MACRO, MARKETS & COMMODITIES NEWS, UK inflation speculation continues, Wall Street comes up with a new fear gauge, BP is going to feel the pressure and central banks buy gold. In TECH NEWS, the US increases chip pressures re China, Big Tech reports this week as owners invest in fusion, Twitter gives blue ticks to dead people and the UK is close to creating a new tech regulator. In UK REAL ESTATE NEWS, landlords abandon London and first-time buyer homes hit new highs. In MISCELLANEOUS NEWS, Bed Bath & Beyond files for bankruptcy, PepsiCo tries to be clever, carmakers get a taste of China's progress and lab-grown meat continues to face an uphill struggle. AND FINALLY, I bring you news of a new "alternative" job and and unusual leaving cake...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 21/04/23

In TECH NEWS, Insta retreats, Meta and the metaverse look tricky, Google plans to use AI for ads, Twitter cuts legacy check marks and China's drone supremacy causes concern. In RETAIL & CONSUMER NEWS, Whole Foods talks cuts, Ikea announces a massive US investment, Mulberry gets a China boost, WH Smith travels well, consumer confidence rises - and they might get more money from the bank. In AUTOMOTIVE NEWS, we look at the role of EVs in net zero, Renault whinges about Tesla, Ford takes its electric pick-up to Norway and GKN's automotive business has a massive IPO downer. In INDIVIDUAL COMPANY NEWS, BuzzFeed closes down news, Deliveroo delivers and Rentokil cleans up.AND FINALLY, I bring you a tale of how one woman made money from snoring...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 20/04/23

In MACRO & CRYPTO NEWS, the Fed warns of mild recession, Bailey lays the ground for more interest rate rises and we look at why crypto needs to change. In FINANCIALS NEWS, the ECB and BoE talk about strengthening banks, JP Morgan pushes for more return-to-office, EY's next nightmare begins and Warren Buffett is big in Japan. In TECH NEWS, Intel opens its Arm, SoftBank sells the family silver, streaming sites urged not to allow AI to scrape copyrighted music and there are rumblings at Twitter. In MISCELLANEOUS NEWS, the US pushes for EV take-up, Volvo AB posts strong Q1 profits, there's mixed news for the UK housing market, Tesco cuts milk prices and Germany is set to legalise cannabis.AND FINALLY, I bring you an idea for left-over chocolate (a foreign concept in the Watson household 🤣)...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 19/04/23

In MACRO, GAS & CRYPTO NEWS, UK inflation is expected to dip, EU gas storage levels are high but Putin makes more threats and Coinbase sets its sights on the UK. In BUSINESS & CONSUMER TRENDS NEWS, VW commits to China, Dell looks to distance itself from China, UK company collapses rise, house prices fall but EasyJet does well. In FINANCIALS NEWS, Goldman Sachs lags rivals and Bank of America announces job cuts. In INDIVIDUAL COMPANY NEWS, Netflix adds subs, Lockheed Martin wants more, Entain looks good, THG faces reality, Meta opens up, WhatsApp and Signal object to online safety bill and J&J hits higher sales.AND FINALLY, I bring you 'spoons hacks and a useful knot...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 18/04/23

In MACRO & COMMODITIES NEWS, China's economy expands, Lagarde warns of US-China consequences, China retaliates while some of its companies relocate and lithium prices weaken. In FINANCIALS NEWS, Apple makes a splash, US banks see withdrawals, EY makes cuts and McKinsey delays starts. In TECH NEWS, Discord looks solid and AI continues to court concern. In IPO & M&A NEWS, China's Anta raises $1.5bn, Sega Sammy bids for Rovio, we look at the reasons for Merck's acquisition and takeover fever his the UK - including THG.AND FINALLY, I bring you some very poor dad jokes...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 17/04/23

In MACRO NEWS, we look at the effect of strikes on the UK economy, BT's war games simulating a Taiwan invasion, G7 minister promises on fossil fuels and the vulnerability of US LNG projects. In FINANCIALS NEWS, the Bank of England looks at an overhaul of the deposit guarantee scheme and we see why this is important. In TECH NEWS, Musk is planning on a ChatGPT competitor, the European parliament takes a closer look at AI, Monzo warns against candidates using ChatGPT in applications, smart cars reveal all and Roblox makes progress. In INDIVIDUAL COMPANY NEWS, Merck buys Prometheus Biosciences and GM ditches Apple CarPlay.AND FINALLY, I bring you a family dance...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 14/04/23

In MACRO NEWS, China shows restraint, the UK flatlines, BP commits to Gulf of Mexico and Teck rejects Glencore again. In FINANCIALS NEWS, the LSE is to clear crypto trades, Twitter does a tie-up with e-Toro, Hunt looks at raising banking guarantees and UK lenders see a rise in defaults. In CAR NEWS, Hyundai and Kia get sued, China targets the European market and Ford launches a hands-free car. In INDIVIDUAL COMPANY NEWS, Amazon does AI a bit differently, Germany wants Intel to spend more, EY tells staff to expect cuts, Crocs looks good, Tesco's profits slide, Sainsbury's cuts prices and the UK job market slows.AND FINALLY, I bring you a new type of roll...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 13/04/23

In MACRO & CRYPTO NEWS, the Fed warns of mild recession, Bailey lays the ground for more interest rate rises and we look at why crypto needs to change. In FINANCIALS NEWS, the ECB and BoE talk about strengthening banks, JP Morgan pushes for more return-to-office, EY's next nightmare begins and Warren Buffett is big in Japan. In TECH NEWS, Intel opens its Arm, SoftBank sells the family silver, streaming sites urged not to allow AI to scrape copyrighted music and there are rumblings at Twitter. In MISCELLANEOUS NEWS, the US pushes for EV take-up, Volvo AB posts strong Q1 profits, there's mixed news for the UK housing market, Tesco cuts milk prices and Germany is set to legalise cannabis.AND FINALLY, I bring you an idea for left-over chocolate (a foreign concept in the Watson household 🤣)...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 12/04/23

In MACRO, COMMODITIES & BITCOIN NEWS, we see a gloomy IMF, Glencore upping the ante and Bitcoin breaking $30k. In TECH NEWS, Biden considers AI rules, China proposes new AI rules and SoftBank commits to a stateside IPO. In FINANCIALS NEWS, HSBC hires SVB bankers in the US, KKR buys a chunk of FGS Global and EY rejects a split. In INDIVIDUAL COMPANY NEWS, Tesla eyes Milton Keynes, BMW electrifies, Arrival is running out of gas and Sainsbury's tries to appeal to customers.AND FINALLY, I bring you a test of Britishness...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 11/04/23

In MACRO NEWS, China ups the ante with Taiwan and we look at the positives of the CPTPP. In BUSINESS & CONSUMER NEWS, US companies see a massive fall in profits, Europe's biggest SPAC closes, the first batch of China IPOs under new rules launch, corporate activism hits new highs and supply chain recovery boosts optimism while UK consumer spending rises, first-time buyers focus on smaller homes and Norway sees billionaires depart. In TECH NEWS, Apple has hopes for India, Beijing targets tech, ByteDance posts record profits, AI data breaches cause concern and OneWeb/Eutelsat valuations hit reality. In MISCELLANEOUS NEWS, Tesla increases China investment, Chinese EVs hit the UK, Teck rejects Glencore's unsolicited bid and European commercial real estate creaks.AND FINALLY, I bring you some travel advice...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 07/04/23

In MACRO NEWS, the IMF predicts gloom, China uses its grip on rare earth materials, Binance gets an Ozzie push-back and UK regulators turn their attention on finfluencers. In TECH NEWS, brands increase TikTok spending, Google cracks down on loan apps and includes Chat AI in search while a mayor threatens to sue ChatGPT and Samsung forecasts a dire outlook. In PROPERTY NEWS, BlackRock ends its block of property fund withdrawals, UK house prices surprise with a rise and builders show signs of recovery. In MISCELLANEOUS NEWS, UK firms offer "early finish Fridays", Robert Walters has a disappointing Q1, retailers hope for a big spending weekend, Sainsbury's defends vacuum packs, Tui reports strong demand and JCB's chief pushes for hydrogen power.AND FINALLY, I bring you an illusion...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 06/04/23

In FINANCIALS NEWS, the Swiss government cuts CS bonuses, hedge funds rake it in on bank turmoil, BlackRock gets called in to manage asset disposals, a new European defence ETF launches, Vanguard looks to exit China and VC funding for start-ups halves. In TECH NEWS, Microsoft and Amazon face a cloud probe, European AI start-ups rush to improve chatbot language skills, the UK launches a national emergency alert network, Savvy Games buys Scopely and an online marketplace of stolen identities is cracked. In CAR NEWS, record car sales highlight charger shortfalls, UBS reckons there'll be a car price war and Ram's new electric pick-up aims for a 500 mile range. In MISCELLANEOUS NEWS, US jobs data implies a slow-down, UK services' PMI looks promising, Inditex nears a sale of its Russia business, Co-Op sets a new target, Franco Manca's owner is bought by a Japanese group and Kirkland & Ellis hits $6.5bn in revenues.AND FINALLY, I bring you a weird Easter egg and how to make the perfect poached egg with no vinegar...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 04/04/23

In MACRO NEWS, sterling rises, BoE economists debate the next interest rate move, China continues to retaliate and Shell is set to get $1.2bn. In FINANCIALS NEWS, Wall Street suffers Citrix impact, Dimon blames regulators, Credit Suisse investors vent and Rathbones buys Investec. In EMPLOYMENT NEWS, US job openings fall, Kirkland & Ellis gets brutal, McKinsey winds down and GM says it'll shed 5,000 workers. In MISCELLANEOUS NEWS, Tesla, Stellantis and BMW talk batteries, TikTok gets fined, L'Oréal buys Aesop, Saga suffers and asking prices fall.AND FINALLY, I bring you some egg warnings...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 04/04/23

In OIL NEWS, the price jumps on OPEC's production cut, we look at the reasons behind the cut and how it helps US shale while Putin pushes exports to a new high. In TECH NEWS, we compare GPT-4 and Bard, universities express unease with AI detection, TikTok continues to be under pressure and WANdisco execs take flak. In FINANCIALS NEWS, investors flee on the Swiss bank merger investigation, HSBC faces pressure from Hong Kong shareholders and NatWest limps on while Numis and Peel Hunt are gloomy about deal making. In INDIVIDUAL COMPANY NEWS, CATL faces EV scrutiny, Glencore wants more copper, car sales rebound, Cineworld pauses and Smythson posts a loss.AND FINALLY, I bring you a fact about tea you didn't know and some coronation merch...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 03/04/23

In MACRO & OIL NEWS, China retaliates, Finland's PM loses election and oil prices surge. In FINANCIALS NEWS, the Credit Suisse takeover gets investigated, financial regulators ponder the future, UK vetting rules in finance get relaxed and thousands of City jobs are at risk. In AUTOMOTIVE NEWS, Tesla deliveries boom, a lux Chinese car brand aims for Britain, lithium shortages cause concern and JCB's chief wants a rethink on net zero. In MISCELLANEOUS NEWS, WWE nears a body slam, Allied Universal shelves its IPO, Italy rejects lab-grown meat, consumers rein in spending, Parisians vote overwhelmingly to ban rental e-scooters and Sainsbury's pursue Blumenthal lovers.AND FINALLY, I bring you a review of April Fool's Day pranks...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 31/03/23

In MACRO & ECONOMIC INDICATOR NEWS, the UK joins the CPTPP, Finland is cleared to join NATO, inflation falls in Spain and Germany while deal-making falls but UK business confidence rises. In BANKING NEWS, we reflect on the current crisis but Shawbrook comes up smelling of roses. In TECH NEWS, we see more reaction to AI, monetising Twitter Blue riles celebs and Meta pulls back on some ads. In MISCELLANEOUS NEWS, the UK minimum wage is to rise, the rise in UK pension age is officially postponed, Moonpig booms, Shein is on the launchpad, Morrisons sees a rise in revenues, Ford gambles on a nickel plant and Starbucks faces challenges from here.AND FINALLY, I bring you an amusing kid and an inspirational grandad..

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 30/03/23

In MACRO NEWS, Britain progresses towards the CPTPP, Shapps reiterates commitment to 2030, Spain tries to address pension shortfall and Erdogan tries to curry favour with lower energy bills. In FINANCIALS NEWS, UBS goes backwards to go forwards and Binance faces more allegations. In TECH NEWS, AI continues to ruffle feathers, we look at what the TikTok fight is really about and what might come after Alibaba's split, increasing exasperation with the meh-taverse and EA's plans to cut 6% of its staff. In MISCELLANEOUS NEWS, Asda profits slide, Next sees rising profits, GameStop shrinks to grow and S4 Capital sees losses treble.AND FINALLY, I challenge your knowledge and show you how to train like John Wick...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 29/03/23

In MEDIA & LEISURE NEWS, UK broadcasting rules get a massive overhaul, Disney ditches the metaverse and William Hill gets a big fine. In TECH NEWS, Apple launches BNPL in the US, Twitter changes the rules, chipmakers face a dilemma and we look at which jobs are most exposed to AI. In RETAIL NEWS, Alibaba is to split into six, Ocado surprises on the upside, UK supermarkets face squeezed margins and Next buys Cath Kidston. In MISCELLANEOUS NEWS, French banks get raided, the BoE talks about banks holding more cash, FTX's SBF is charge with bribery, Brussels' dithering puts UK's 2030 deadline in doubt, EV start-up Lucid cuts 18% of the workforce and Lyft judders. AND FINALLY, I bring you an official list of the best pizza toppings...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 28/03/23

In MACRO NEWS, Russia and China retaliate against the West, Hungary gets behind Finland's NATO application, Netanyahu delays judicial reforms, Binance is threatened with a trading ban and the Treasury shelves plans for an NFT. In TECH NEWS, the US edges closer to a TikTok ban, Twitter looks optimistic and we look deeper into the impact of AI while Google's answer to ChatGPT disappoints. In BANKING NEWS, First Citizens buys most of SVB while money gets pulled from European banks - fast. In MISCELLANEOUS NEWS, UK retailers get more optimistic, consumers face higher food prices, wages in Japan look up, Iger outlines a plan for cuts and Air India puts in a massive order for planes.AND FINALLY, I bring you a cat with a "Scouse" accent...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 27/03/23

In MACRO NEWS, Putin plans nukes in Belarus and Russia adopts China's renminbi. In BANKING NEWS, we look at the ongoing impact of the current banking crisis. In TECH NEWS, we look at the practicalities of banning TikTok in the US and why Chinese apps are so popular while Twitter has a source code leak and Musk offers stock options. In MISCELLANEOUS NEWS, Northvolt aims to become Europe's biggest battery maker, Britain's battery plans look tricky, experts give their views on John Lewis and foreign buyers evaporate after a crackdown on "Londongrad".AND FINALLY, I bring you something to while away a bit of time...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 24/03/23

In MACRO NEWS, the Bank of England raises interest rates. In TECH NEWS, TikTok continues to fight, Beijing gets involved and Allen & Overy plugs AI. In FINANCIALS NEWS, Block gets hammered, Cenkos and FinnCap get together and Amigo Loans is a goner. In MISCELLANEOUS NEWS, UK consumer confidence improves, Ford expects electric losses, Evergrande strikes a deal, Accenture cuts tons of jobs, Wickes is positive and the London stock market loses ground.AND FINALLY, I bring you a salad hack and another illusion...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 23/03/23

In MACRO NEWS, the US raises rates, UK inflation rises, Macron digs in and oil heads for $90. In FINANCIALS NEWS, Yellen's remarks temper relief, the Credit Suisse/UBS story rolls on, PacWest gets cash and Coinbase gets a warning. In TECH NEWS, TikTok battles away, publishers wrestle with AI and Google's Bard does it again. In MISCELLANEOUS NEWS, Starbucks faces a China price war, Zurich legalises cannabis, Superdry does a South Korea deal, Ryanair's chief warns of price rises, south west house prices take a hit, Fever-Tree fizzes and Indeed cuts 15% of its workforce.AND FINALLY, I bring you a new pasta sauce and how to make your phone go cold...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 22/03/23

In MACRO, ENERGY & BITCOIN NEWS, we see the upshot of the Xi-Putin summit, Ukraine bagging a $15.6bn IMF loan, Rolls-Royce turning the screw as energy prices fall and bitcoin's boom during banking's bust. In BANKING NEWS, Yellen wades in on World Bank reform and First Bank support while UBS/Credit Suisse repercussions hit home and Jezza presses on with "Big Bang 2.0". In AUTOMOTIVE NEWS, Brussels tries to appease on e-fuels, Ford launches a new EV, used EV prices drop and Maserati aims to emulate Porsche/Ferrari. In INDIVIDUAL COMPANY NEWS, Google launches Bard, Just Eat lays off staff, GameStop booms, Nike's sales jump, Netflix bets big, Kingfisher reflects a DIY decline and FTSE100 companies make more money in the US. AND FINALLY, I bring you the key to selling anything...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 21/03/23

In MACRO & ENERGY NEWS, Xi Jinping meets Putin, Macron survives and a US firm offers mini-reactors. In BANKS NEWS, First Republic's deal fails to satisfy and Credit Suisse repercussions echo. In CONSUMER & CONSUMER GOODS NEWS, UK house prices stay strong, Unilever does a bit of shrinkflation and Foot Locker paints a downbeat outlook. In MISCELLANEOUS NEWS, Amazon ditches more staff, China pushes domestic chipmakers, VW has Russia issues, Starbucks new CEO makes a start and India opens to law firms. AND FINALLY, I bring you a well-executed wedding theme...

 


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Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 20/03/23

In MACRO & ENERGY NEWS, Xi Jinping visits Putin, Putin visits Mariupol, Macron faces big protests and Nucleo raises money to build small nuclear reactors in the UK. In BANKS NEWS, UBS rescues Credit Suisse, First Republic limps on and we look at the impact on central banks and small businesses. In TECH NEWS, there are appeals for more guidance on AI, TikTok continues to face an uphill struggle although its parent has CapCut in its back pocket and Twitter ads change. In RETAIL NEWS, John Lewis considers scrapping its partnership structure and M&S moves to lure John Lewis customers. AND FINALLY, I bring you an illusion and a very useful life hack...

 


You need to have an active subscription in order to view/use this page. If you are an existing subscriber, please login below.

Alternatively, if you are new to Watson’s Daily and would like to dip your toe in, you can get a trial Bronze level subscription HERE. This will last for one week for free and then go to paid unless you cancel within the week. You can, of course, dive straight in with Bronze, Silver or Gold membership!

The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 17/03/23

In MACRO & COMMODITIES NEWS, the ECB raises rates, Macron aims to force through pension reforms, criticisms of Hunt's Budget come through, Argentina looks forward and the palm oil dispute highlights differences. In FINANCIALS NEWS, First Republic gets rescued, Credit Suisse faces a tricky future and payments providers get scrutinised. In TECH NEWS, Microsoft mixes AI into its software suite, we look at ChatGPT-4 and how it would help the NHS, China's AI bot fails to impress, TikTok continues to feel the pressure and is banned from government mobiles while Google Glass recedes again. In INDIVIDUAL COMPANY NEWS, Deliveroo aims for profit, Rentokil booms and John Lewis scraps the bonus. AND FINALLY, I bring you an intriguing way of making money with AI...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 16/03/23

In MACRO NEWS, we take a look at the budget and its winners and losers. In FINANCIALS NEWS, Credit Suisse causes a massive panic, Stripe raises money and Charles Schwab limps on. In TECH NEWS, the metaverse hits actual reality, the US threatens to ban TikTok, the UK invests in a "BritGPT", Brussels looks to restrict imports of Chinese green tech and Zipline launches a short range delivery service. In INDIVIDUAL COMPANY NEWS, Trainline finds a way, Inditex beats H&M and John Lewis gets a new CEO. AND FINALLY, I bring you the most ridiculous (yet practical) fascinator.

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 15/03/23

In MACRO NEWS, we look at who benefits from Aukus, US inflation slows, Argentina's breaks 100% (!), Hunt is set to unveil the Budget and the UK is about to remove Malaysian palm oil import tariffs . In BUSINESS, EMPLOYMENT & CONSUMER TRENDS, we look at who's hit the most by the cost-of-living crisis, company insolvencies, what's happening with wages and mortgage approvals. In TECH NEWS, Zuckerberg lays off another 10,000, OpenAI unveils the upgraded ChatGPT, candidates use AI in applications and TikTok faces accusations. In FINANCIALS NEWS, US banks get downgraded as SVB repercussions persist, Credit Suisse's woes continue, NatWest limits crypto payments and Binance suspends sterling transfers. In INDIVIDUAL COMPANY NEWS, Saudi Arabia splashes out on Boeing jets, VW pours in the money to see off rivals and Celadon wins the right to sell medical cannabis in Britain. AND FINALLY, I bring you a warning and some things you didn't know about Monopoly...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 14/03/23

In SVB NEWS, we take another look at what happened over the weekend and the potential impact. In AUTOMOTIVE-RELATED NEWS, VW chooses Canada for its battery plant, Porsche gets a boost, Amazon and Rivian look to end exclusivity and Direct Line gets hit by car insurance claims. In TECH NEWS, the UK  commits £2.5bn to quantum computing and Sunak hints at a TikTok ban. In MISCELLANEOUS NEWS, insurers face a "mega trial" over planes stuck in Russia, Pfizer announces a huge deal, Chick-fil-A wants to expand into Asia and Europe, John Lewis experiments and EY's boss struggles with the vote. AND FINALLY, I bring you a kids' toy and another optical illusion...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 13/03/23

In MACRO NEWS, Xi Jinping and Rishi Sunak commit to military spending and Saudi Aramco posts record profits. In SCANDAL NEWS, we look at what went wrong with SVB and the subsequent impact. In TECH NEWS, Tim Cook has high hopes for Apple's mixed-reality headset, metaverse applications have their ups and downs and Silver Lake goes for a massive takeover. In MISCELLANEOUS NEWS, China's BYD avoids the UK, China moves to corner cobalt supply, UK business confidence rises and Fever-tree mixes it up. AND FINALLY, I bring you a very surprising optical illusion...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 10/03/23

In MACRO NEWS, Biden talks big tax rises, US-Europe friction continues and the US imposes sanctions on Chinese companies. In TECH NEWS, Apple and Foxconn move closer to more India production, ASML's ban hits Chinese companies and WANdisco falters. In CAR-RELATED NEWS, BMW pays out and China's CATL reinforces its leading position in batteries. In BANKS NEWS, US investors dump bank shares and Credit Suisse's nightmare continues. In RETAIL NEWS, Gap struggles to survive and Morrisons suffers while Asda and Morrisons relax buying limits. In INDIVIDUAL COMPANY NEWS, MGM China leads a Macau gambling recovery, Informa picks up, Page Group has another strong year and Domino's benefits from the World Cup. AND FINALLY, I bring you an impressive Lego creation...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 09/03/23

In MACRO, ENERGY & CRYPTO NEWS, Germany rejects the EU's engine ban timetable, the UK looks likely to avoid recession but growth will be meh, Cornwall could be the key to a different power source and crypto bank Silvergate winds down. In EMPLOYMENT & CONSUMER-RELATED NEWS, Britain plans looser foreign worker rules, banks get told off for not passing on interest rate rises, first-time buyers see mortgage repayments boom and house prices fall. In TECH NEWS, TikTok continues to face a load of flak, the Netherlands restricts chip exports and AI gets a bad rap. In CAR NEWS, VW puts a battery plant on hold, Tesla steering wheels fall off, BMW gives Oxford reason to cheer and GM's EV push stalls. In MISCELLANEOUS NEWS, EY delays its break-up vote, Adidas cuts its dividend, Spotify launches a new service and TRG announces closures. AND FINALLY, I bring you a bacon hack and an optical illusion...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 08/03/23

In MACRO, COMMODITIES & ENERGY NEWS, Jay Powell talks bigger interest rate hikes and we look at the latest nickel news while National Grid fires up coal plants. In TECH NEWS, TikTok woes continue, Twitter faces more scrutiny, AI faces investor scepticism, South Korea pushes back on the Chips Act and Germany reviews security risks from Chinese 5G tech. In REAL ESTATE NEWS, we look at UK trends in residential and commercial property. In INDIVIDUAL COMPANY NEWS, Greggs plans new stores, Dyson's sales rise, HelloFresh's revenues boom, Premier Foods is upbeat and In The Style has an epic fall from grace. AND FINALLY, I bring you some ice advice...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

watson's daily quick bits share

Who Cares About….CBDCs?? by Haamsaaveni (Hamsi) Kumar

WHAT’S THE STORY?

Who Cares About….CBDCs??

I was surprised to learn that the central bank of my country, Malaysia (:v::skin-tone-4: :flag-my:),  was joining forces with its peers in Australia, Singapore and South Africa to conduct a cross-border payments trial using different central bank digital currencies (CBDCs).
Almost 90% of the central banks have initiated a digital currency project according to the Bank for International Settlements, with the Sand Dollar of Bahamas being the first one that has been officially up and running!

WHAT ARE CBDCs?
CBDCs are simply a digital form of your notes/coins issued by the central bank. While CBDCs can be designed for limited use between financial intermediaries (wholesale CBDCs), this article will focus on retail CBDCs made for public use.

1

WHY ARE CBDCs IMPORTANT?

CBDCs and cryptocurrencies
As CBDCs become common, cryptocurrencies could potentially be phased out. The inflated nature of Bitcoin has already attracted the wrath of regulators, as seen last year when a Spanish market regulator warned about influencers’ responsibility to remind their followers about the risks of cryptocurrencies after Andres Iniesta promoted crypto-exchange Binance on Twitter (and don’t get me started on Tom Brady and Gisele Bundchen promoting FTX! – PW 😡).
Governments could regulate privately-issued cryptocurrencies used in crimes. The hackers in the Colonial Pipeline attack demanded payment via Bitcoin and new forms of “altcoins” such as Monero are becoming popular in the dark web as it obscures information about the receiver and sender.
Despite some voicing concerns about a central authority having unparalleled access to the data of financial transactions, this has also led central banks to test out pro-privacy designs to ensure that CBDCs’ remain popular among the masses and reduce the need for privately-issued coins.

CBDCs vs Stablecoins 
Many organisations are trialling/ using Stablecoins as an alternative. Stablecoins do not suffer high price volatility as they are pegged to major currencies or commodities like gold.

However, these coins don’t seem to be flying well with central banks either. An increased use of stablecoins could mean less money in retail banks and this affects the ability of the central bank to set interest rates to manage inflation.
Currently, the nominal value of stablecoins has risen from $30bn to $140bn due to their growing popularity in being used for cheap transfers. CBDCs would bring the benefits of stablecoins while allowing authorities to control the flow of money via a digitalised quantitative easing.

CBDCs and geopolitical tensions
China had instructed companies, including McDonald’s, to expand their digital Yuan payment systems across in Chinese stores, prior to the Beijing Winter Olympics. For many, this highlighted the security implications of the digital Yuan, such as Beijing being given access to transaction data of American companies based in China. Its surveillance capacity could grow as China plans to make Digital Yuan accessible to non-Chinese citizens to beat the domination of the US Dollar in world trade and finance.
On top of current anxiety around China’s expansion of its nuclear prowess and the expansion of its soft power through the Belt and Road Initiative, one could also argue that the CBDCs will be the next frontier in determining global dominance of nations and exacerbate the ongoing tensions between the US and China.

2

SO WHAT?

Regardless of the debate that is occurring among experts on the design and manner of the rollout of CBDCs, it is undeniable that CBDCs will become a pertinent part of our lives in the immediate future.

This was written by Haamsaaveni (Hamsi) Kumar: an amateur iPhone photographer :selfie::skin-tone-5:/Optimistic Man United fan :smiling_imp:/avocado sushi lover :avocado:. 

Tuesday's daily news

Tuesday 07/03/23

In MACRO & MARKETS NEWS, we look at US/China/Taiwan wobbles, differences between markets and another crypto scandal. In TECH NEWS, Twitter has yet another malfunction, TikTok tries charm and Intel could be held back by the Chips Act. In CAR NEWS, Tesla cuts prices again, UK car sales rise and hybrid sales narrow the gap with fully-electric. In MISCELLANEOUS NEWS, we look at trends in law firms, construction and consumer spending while Juul gets ditched for NJOY. AND FINALLY, I bring you ways to get a six-pack...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Monday's daily news

Monday 06/03/23

In MACRO NEWS, China announces its lowest GDP target for decades but could also transform Putin's fortunes. In BUSINESS TRENDS NEWS, we see that US listed tech companies continue to face challenges, that deglobalisation pushes automation, that international schools look beyond China and that AI continues to be everywhere. In RETAIL NEWS, Morrisons ditches suppliers, John Lewis and Waitrose find it difficult to get out of their rut and WH Smith tries to offer an alternative to Paperchase. In MISCELLANEOUS NEWS, EVs boost chip demand, Arrival faces another lawsuit, Revolut's valuation gets downgraded and Surrey house prices fall the most. AND FINALLY, I bring you an interesting emergency stash...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Friday's daily news

Friday 03/03/23

In MACRO NEWS, we look at China's tricky position, a Russia sanction crackdown and pressure on the ECB. In TECH NEWS, ESG causes a kerfuffle, Bridgewater cuts jobs, Revolut posts its first annual profit, Vanguard gives up and Chinese banks offer mortgages for 95-year-olds. In CONSUMER & RETAIL NEWS, consumers return to the high street and the over-50s return to work while Macy's suffers and Nordstrom shuts down. In INDIVIDUAL COMPANY NEWS, Taylor Wimpey plans job cuts, Purplebricks' story becomes a cautionary tale and there's hindsight on Worldpay/FIS. AND FINALLY, I bring you Bieber pasta...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Thursday's daily news

Thursday 02/03/23

In MACRO & CRYPTO NEWS, the West wants the UAE to clamp down on Russia sanction-dodging, Germany's inflation jumps, hopes increase for post-Brexit financial regulation progress, the BoE hints at peak interest rates and there's more crypto drama. In FINANCIALS NEWS, ESG causes a kerfuffle, Bridgewater cuts jobs, Revolut posts its first annual profit, Vanguard gives up and Chinese banks offer mortgages for 95-year-olds. In TECH NEWS, Biden gets the power to ban TikTok, Twitter crashes, China's AI advance faces limitations and Arm swerves London. In MISCELLANEOUS NEWS, Musk plans cheaper cars, Rivian torches cash, Aston Martin losses double and UK house prices fall at the steepest annual rate since 2012. AND FINALLY, I bring you a strangely addictive clip...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Wednesday's daily news

Wednesday 01/03/23

In CONSUMER & RETAIL NEWS, inflation hits, the Treasury reviews energy subsidies, Shapps extends coal-burning plant usage, Sainsbury's slims down, M&S rolls out more self-service tills, Ocado racks up losses and AO World gets a boost. In AUTOMOTIVE-RELATED NEWS, Berlin threatens to block the EU's combustion engine ban, Tesla is to build a plant in Mexico, JLR's owner wants government money, Arrival hits a bump and LG Energy Solution bets on fast US growth. In TECH NEWS, chipmakers face a choice, Brussels focuses on Apple, a ransomware attack on a chip supplier causes delays and Meta divides marketers. In FINANCIALS NEWS, Goldman has a rethink, Klarna sees profit ahead and St James's Place misses its target. AND FINALLY, I bring you stuff in miniature...

 


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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!

 

Tuesday's daily news

Tuesday 28/02/23

In MACRO NEWS, we see a new Brexit agreement and bickering over funding. In CONSUMER & RETAIL NEWS, consumers face higher bills and weaker house prices while Lidl rations salad and Primark expects higher profits. In TECH NEWS, Canada bans TikTok from government devices, UK cities are to host fintech hubs and Stripe takes a pasting. In INDIVIDUAL COMPANY NEWS, Recharge takes on Britishvolt, Bunzl passes on costs, Begbies Traynor gets a boost and Altria is in talks to buy NJOY. AND FINALLY, I bring you the day-to-day life of Gary the Stormtrooper...

 


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The main differences between the levels of membership are the materials you get access to and your access to me! Bronze is great – there’s loads of functionality here. I would, however, recommend Silver if you are serious about getting better with your knowledge as quickly as possible. Gold gives you all the benefits of Silver but with added guaranteed small group calls and option of one-on-one calls with me to talk about commercial awareness and/or careers/interviews.

Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!