In BIG PICTURE NEWS, the US decides not to renew the trade deal with Mexico and Canada and Eurozone inflation falls. In M&A AND IPO NEWS, dealmaking booms, Bending Spoons has a great debut, KNDS ditches its IPO, Wayve chooses PISCES and Windrose Electric wants to do a SPAC-backed IPO. In TECH NEWS, economists get jittery over AI, the White House pushed plans for AI model standards, OpenAI looks at giving the government a 5% stake and battery start-ups looks to benefit from data centres. In MISCELLANEOUS NEWS, UBS wants wealthy Americans, the Halifax name will disappear, Google has to pay Klarna $2bn, Nike's gloom continues, the UK suffers the biggest fall in wealth, UK house prices rise and up to 150 WH Smith stores will close. AND FINALLY, I bring you some incredible skippers...
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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!