Wednesday 12/06/24

In MACRO & ENERGY NEWS,the US is to deepen Russia sanctions, Sunak pledges tax cuts, wages growth hits prospects for a rate cut and a massive battery storage facility is announced in the UK. In TECH NEWS, Apple overtakes Nvidia again, Musk drops his lawsuit against OpenAI but continues to court controversy, Mistral gets more funding, Rasperry Pi has a strong debut and BeReal is acquired by Voodoo. In MISCELLANEOUS NEWS, China's oversupply of empty property poses problems, Evergrande's EV division share price weakens, the EV trade war threatens luxury car exports, Redstone ends talks with Skydance and Invesco closes down UK equities. AND FINALLY, I bring you the difference between generations...

 


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