In BIG PICTURE NEWS, we see defence developments, slower-than-expected US economic growth, falling factory activity in China, the Bank of England leaving interest rates unchanged, Shell's joy, BP's job cuts and a slowdown in central bank gold purchases. In INVESTMENT NEWS, we see whether investors really are cooling on the AI boom, Citadel buys Situational Awareness, hedge funds turn against US-backed critical minerals companies, the owner of the NYSE buys MarketAxess and Hugo Boss investors reject Mike Ashley. In TECH NEWS, the AI spending spree breaches $1tn and Microsoft booms while Apple and Roblox forecast slower growth. In MISCELLANEOUS NEWS, we consider the latest in cars, financials and trends among the wealthy. AND FINALLY, I bring you a bit of nostalgia...
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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!