In BIG PICTURE NEWS, Trump makes more big announcements, industries and countries reel from the latest US tariffs, UK interest rates are cut and the government starts thinking about how to give us the bad news. In M&A NEWS, Lyten buys Northvolt, Ripple buys Rail and companies complain about takeover deal leakage. In TECH & MEDIA NEWS, OpenAI unveils its new model, edtech companies languish and WPP announces a strategic review. In MISCELLANEOUS NEWS, Eli Lilly disappoints, Serco hits a new high, Bupa booms, InterContinental hotels sees profits rise and Crocs shares crater. AND FINALLY, I bring you a version of "Wannabe" that you never knew you needed...