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Group Chat

Group Chat News Ep. 930

Group Chat

Group Chat

Entrepreneurship, News, Culture, Podcast, Group, Stock, Chat, Business, Entrepreneur, Arts

4.81.5K Ratings

🗓️ 6 March 2025

⏱️ 62 minutes

🧾️ Download transcript

Summary

Group Chat News is back!! And we have some of the hottest stories of the week, including

DeepSeek spurs black market demand for Nvidia gaming chips in China, Stripe's total payment volume reaches 1.4 trillion, Target warms February sales were soft, On Running sales grow by double digits and swings to a profit year over year, and everyone's favorite WINNERS, LOSERS, and CONTENT!

Timeline fo What Was Discussed:

·       How young kids interact. (0:00)

·       Recapping the Upfront Summit. (6:15)

·       Let’s talk DeepSeek. (18:43)

·       Stripe is NOT that impressive. (27:54)

·       The consumer is soft. (35:18)

·       Crypto Summit predictions. (41:27)

·       On Running is on absolute FIRE! (44:41)

·       Winners, Losers, and Content. (53:31)

·       Reading the YouTube comments. (59:18)

·       Group Chat ‘Kathy’ Shout Outs. (1:01:22)

Related Links/Products Mentioned

·       The Upfront Summit, less than two months after the fires, draws tech’s elite to Los Angeles

·       DeepSeek Spurs Black Market Demand for Nvidia Gaming Chips in China

·       Stripe's total payment volume reaches $1.4T, fueled by long-standing investments in AI

·       I always felt Stripe was a $100B+ company. It may just have taken a bit of time to fully bake. Quality companies eventually find their true value. 

·       All-In Podcast: The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private

·       Target warns February sales were soft, adding to concerns about consumer health

·       Abercrombie & Fitch Stock Is Tumbling. Earnings Weren’t the Problem.

·       Ross Stores $ROST has released its quarterly earnings.

·       US consumers are pulling back on spending

·       On Holding sales grow by double-digits, swings to a profit year-over-year

·       Dana White, Turki Alalshikh announce new boxing league

·       Sweetgreen is betting that you want fries with that salad

Connect with Group Chat!

Transcript

Click on a timestamp to play from that location

0:00.0

All right, Cathies, we are back.

0:02.4

We took a break.

0:04.2

It was a combination of busy travel, a bat mitzvah.

0:09.0

Yeah.

0:09.6

And we're fighting.

0:11.0

We're fighting.

0:12.8

And what made me actually reflect on the bat mitzvah and congratulations to Avi who listens to the pod.

0:20.0

Yeah.

0:20.3

Congratulations. It's awesome. Yeah, congratulations.

0:20.9

It was awesome. We're old. We have friends who have 13 year olds. Yeah.

0:26.9

That's what I like came away from that. I was like,

0:29.3

we're already going to bat mitzvahs. It's no longer just like two year old birthdays.

0:34.0

Yeah. Um, so bat mitzvah is either 12 or 13 bar bar mitzahs or 13. Yeah, it's funny, Haley said the same

0:42.2

thing. I did not. I knew all the songs and I was having a great time. But you didn't stay for

0:48.2

diet? No, I didn't stay for Daya, but I didn't feel old. And, you know, what I noticed, which was a really interesting takeaway how young kids interact,

1:02.6

is everything is just getting the Snapchat or TikTok the whole time.

1:07.8

Yeah, you got to get the moment.

1:09.3

And whatever song was playing, whether it was Kendrick Drake, whatever, and then Daya

1:14.2

has the chain smoker's song.

1:15.9

They're just filming themselves saying the words.

1:20.3

Yeah.

1:20.6

So they could post.

...

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