In BIG PICTURE NEWS, the Hormuz closure lingers, Putin gets pouty, Germany scraps warship plans, Starmer hands Burnham some tricky issues and Europe's heatwave boosts electricity prices. In TECH NEWS, the EU joins up with the US on AI supply chains, OpenAI pitches ChatGPT ads, Nvidia's banned chips double in price on China's black market and 21,000 jobs are cut at Oracle. In IPO AND M&A NEWS, China's set for a major IPO, Agility plans a SPAC-backed IPO, EG Group aims for a stateside flotation, Energy Fuels goes shopping and Walmart buys an ad tech firm. In MISCELLANEOUS NEWS, Slate Auto is on track to build a no-frills electric pickup, Tesla booms in Europe, management consultants face challenges but not doom, Asda loses ground to rivals and the de minimis loophole won't close for ages yet. AND FINALLY, I bring you Huxley the dog...
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Watsonβs 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!