In BIG PICTURE NEWS, Trump demands loyalty, Venezuela suffers two huge earthquakes, Burnham looks to move some operation to Manchester, NESO pays up for extra power, Rheinmetall suffers while KNDS moves towards listing, oil prices hit prewar levels and bitcoin hits a 20-month low. In TECH NEWS, SK Hynix seeks a US listing, Micron smashes forecasts, Qualcomm reveals Meta as a customer, Zuck wants to build a prediction markets app, Kalshi's looking to raise money and SpaceX stumbles. In M&A NEWS, Bain Capital buys into VW's marine engine unit, Qualcomm buys Modular and Segro rebuffs an offer from Prologis. In MISCELLANEOUS NEWS, UK job opportunities fall, the financial return for UK grads falls, UK car production rises and Zoox redesigns its robotaxis. AND FINALLY, I bring you a beer cocktail (and an unusual way to open a beer)...
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