Nvidia smashes earnings with US$26 billion in revenue, but markets still sell the stock — what does that tell us about investor nerves around AI?

Hosted by Michelle Martin, this episode dives into Washington’s extraordinary 10% equity stake in Intel, what it signals for the future of strategic industries, and how subsidies and politics are reshaping valuations.

We also explore the global chip war — from U.S. subsidies to China’s AI push and Japan’s resurgence — and what it means for investors in Nvidia, AMD, Intel, and TSMC.

Then, we turn to consumer psychology, as Pop Mart’s Labubu blind box mania grips China even amid regulatory warnings. Are blind boxes a fad, a bubble, or a deep cultural trend?

Guest Swapnil Mishra, author of Investing for the Clueless, Reckless and Overly Cautious, joins with sharp insights for investors navigating tech, politics, and pop culture.