Reserve Bank slashes Official Cash Rate by 50 points to 4.25%, signals further cut

Plus: Silicon Valley VC’s eyed to join Trump team, Nanogirl Labs in liquidation and artists appear to leak OpenAI’s Sora model in protest.

We’re finally getting a taste of summer and with the Reserve Bank slashing the OCR, it feels like after a long and hard winter we’re finally starting to turn a corner and things are looking brighter. So dig in to your Daily Shot, take a peek at what’s happening worldwide with us and we’ll see you tomorrow for our bumper Friday newsletter.

• Reserve Bank cuts the Official Cash Rate by 50 points to 4.25%

• Investors welcome OCR cut as NZ stocks hit three-year high

• Business of Tech: Inside Projectworks’ big push into the US

• Silicon Valley VC’s eyed to join Trump team

• Dr Michelle Dickinson’s Nanogirl Labs in liquidation

• Artists appear to leak OpenAI’s Sora model in protest

As always, a huge thank you to everyone who has already upgraded to a paid subscription. Stay tuned for more subscriber only content to come in the weeks ahead.

Finn and the CAFFEINE team