1. Bitcoin investment funds see a major surge in activity
According to data provided by CoinShares, nearly US$188mln (£148mln) was injected into bitcoin funds operated by itself, 21Shares, ProShares and other major fund managers.
2. Aston Martin Lucid deal welcome, but bumps ahead remain
That’s according to AJ Bell analyst Russ Mould, who noted Aston’s investment and issue of shares to Lucid in return for electric vehicle batteries marked a wider bid for relevance.
3. Lloyds on the frontline of UK hard landing, warns JPMorgan
JPM is cutting its EPS forecasts, which were already below Street consensus, by another 3% and 9% for 2024 and 2025.
4. FTSE 100 flat
The FTSE 100 staged somewhat of a recovery from earlier in the day to close at 7,454 points.
5. HGV engineer shortage might see supermarket shelves empty
Logistics firms are resorting to training their own mechanics to keep trucks moving.