In BIG PICTURE NEWS, there was an attack in the Strait of Hormuz, India orders weaponised drones, a key US inflation index hits 4.1% and electricity prices boom. In INVESTMENT NEWS, aircon stocks are hot, Ares Management's private credit fund is hit, there's more to biotech M&A than patent cliffs and EasyJet is still open to takeover. In TECH NEWS, the US government asks OpenAI to stagger the release of its new model, Meta looks to use AI for moderation, Micron shares boom, law firms chase AI gains and Apple announces big price increases. In MISCELLANEOUS NEWS, the US bans Polestar, Ferrari's marketing boss gets the boot, UK housebuilders warn, Bayer wins a key ruling, Magic Circle firms get overtaken and Ryanair revises its family seating policy. AND FINALLY, I bring you a brilliant parenting trick!
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