The episode discusses how large IPOs like SpaceX can trigger market sell-offs by draining liquidity, while also covering US-India trade deal complexities after reciprocal tariffs were ruled illegal, and a promising flex-fuel conversion kit study from IIT Delhi that could enable higher ethanol blending without engine damage.
Summarized by Podsumo
SpaceX’s record IPO caused a $400B sell-off, dragging down tech stocks globally and highlighting how big IPOs can break market rallies.
India’s trade deal with the US faces hurdles after the Supreme Court ruled reciprocal tariffs illegal; India may renegotiate or walk back its $500B import commitment.
A study by IIT Delhi found that retrofitted flex-fuel kits can run vehicles on up to E100 ethanol without structural damage, though mileage drops ~25%.
Microsoft CEO Satya Nadella criticized AI companies for hoarding power and predicting job losses, advocating for democratized, low-cost models.
Apollo Global Markets halted investor redemptions in its private credit fund after a 17% spike in withdrawal requests, signaling stress in private credit.
"“The US has nothing to offer to any of the countries right now... It’s difficult to understand how the US is going to do this without jeopardizing the integrity of their entire 301 investigation process.” — Ajay Shrivastwa (GTRI)"
"“The public wouldn’t tolerate just a few models and companies doing all of the learning for the world... How about we think about reorganizing the jobs?” — Satya Nadella, Microsoft CEO"
"“With higher ethanol blends, mileage could drop by about 25%. That’s why E85 fuel is priced 20 rupees less to compensate for the loss.” — Deepak Balani (ISMA)"