In BIG PICTURE NEWS, the US launches strikes on Iran, the NASDAQ loses ground, China factory gate prices rise, Reeves moots the possibility of tax rises to fund defence spending and Starmer gets feisty. In M&A NEWS, GSK announces a big acquisition, VodafoneThree eyes TalkTalk and Boots might ditch the IPO and sell itself. In TECH NEWS, SpaceX edges closer, we see the more unusual beneficiaries of AI, Palantir sues Khan and Brussels tells Meta to open up WhatsApp. In MISCELLANEOUS NEWS, Renault puts a cap on defence revenues, Wayve eyes London, GM makes moves in batteries and Airbus has a plan to rescue the fighter jet programme. AND FINALLY, I show you the proper way to open champagne - and the fun way...