Friday 12/05/23

In MACRO NEWS, the Bank of England raised the interest rate and it looks like the ECB will continue to do the same. In TECH & MEDIA NEWS, the EU tightens up on AI and we look at whether AI could save Meta, how law firms are using it and how Sorrell reckons it'll replace call centres while ITV sees a drop in ad revenues and Disney loses out in India but losses narrow. In FINANCIALS NEWS, PacWest takes another hit, SoftBank announces a massive loss and Revolut has issues. In MISCELLANEOUS NEWS, Foxconn's profits take a big hit, Adidas decides to sell Yeezy trainers and we look at some UK real estate developments. AND FINALLY, I show you how to make a pizza pop tart...


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