Friday Wrap-Up: A President's View on Global Power and Learning from Big Tech

Tech giants' market caps now rival nations, and NBIM is restructuring its own processes after touring Microsoft, NVIDIA, and OpenAI.

• Global South thesis: Stubb argues the world sits at a geopolitical turning point where the Global South will shape what comes next, citing China's deepening ties to Africa, India, and South America while the West has largely disengaged.
• Tech firms as geopolitical powers: Stubb's 'rectangle of power' framing adds tech giants alongside the US, China, EU, and Global South, noting NVIDIA's market cap exceeds Korea's entire stock exchange and Apple exceeds France or Switzerland.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.