John Foley, head of the Financial Times' Lex column, breaks down SoftBank's $5.8 billion sale of its Nvidia stake, suggesting it might be beneficial for Nvidia in the long run, especially amidst investor jitters about AI spending. Meanwhile, Amy Kasman, Rome correspondent, dives into Italian Prime Minister Giorgia Meloni's controversial income tax cut, which critics argue disproportionately favors the wealthy. The podcast also touches on the rising concerns surrounding global oil demand and the sell-off of tech debt.
