Tuesday 24/05/22

In MACRO & ENERGY NEWS, Biden commits to Taiwan, Italy's economy suffers, Sunak bows to windfall tax pressure, the US faces blackouts and Siemens Energy goes for Gamesa. In TECH NEWS, Broadcom's in talks to buy VMware in $50bn deal, Zoom puts in a decent performance and Snap has a profit warning. In FINANCIALS NEWS, the SEC fines BNY Mellon, private equity faces more scrutiny and Klarna cuts 10% of its employees. In MISCELLANEOUS NEWS, EV battery prices rise, B&Q's owner sees more upside, Starbucks exits Russia and Airbnb exits China.AND FINALLY, I bring you an amazing illusion...


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