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            Friday 08/05/26

          • In IN BIG PICTURE NEWS, the war rumbles on, Trump's 10% global tariff is ruled illegal, Wall Street's rebound comes courtesy of a few major winners, Labour loses out big time, climate campaigners slam Shell and BP plans to further distance itself from the green agenda. In TECH NEWS, the sector rally powers hedge fund gains, the IMF warns about new AI models, Meta sues Ofcom, Toss expounds the benefits of FacePay, Ramp raises funds and Cloudflare says it'll cut jobs. In GAMBLING NEWS, Kalshi's valuation quadruples, Polymarket does more questionable stuff and Paddy Power's owner threatens to quit London.…

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