No confidence blow delaying the blow for early elections and a calmer day in hong kong the airport reopens after Police Clashed with riot protests late in the night good morning. One of the big stories this morning, the Trump Administration overnight has announced a surprise delay to the implementation of new tariffs on chinese impoexports i december 16th. But tariffs on meat, watches, flat screen tvs will go ahead on the 1st of September Robert lighthizer says his office will exempt other unspecified products that relate to health, safety and National Security concerns. On the back of that, we saw a big bounce in wall street. That continued into the asian session. The mood in europe is not so pretty with most majors trading in negative territory. Overnight, in addition to the news about the tariffs being postponed until december, we had weak data coming out of china. That is affecting some sentiment in europe, even before we got that Second Quarter gdp printout of germany all eyes on
Media ownership has increasingly diminished as music, television and film consumers have settled into streaming. As gaming subscriptions grow, a similar transition is inevitable.
In just a few years, Apple Arcade, Apple’s gaming streaming service, has managed to build up a solid foothold, according to Midia Research. The research group says 10% of US consumers use Apple Arcade weekly as of its fourth quarter 2023 consumer survey. For context, this nearly matches that of