Group Chat News Ep. 943

Group Chat

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

4.8 • 1.5K Ratings

🗓️ 8 May 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Group Chat News is back with some of the hottest stories of the week including the Fed holding interest rates steady while warning of rising economic risks tied to tariffs, Alphabet’s stock tumbling after Apple’s Eddy Cue hints that AI could kill search as we know it, and a Q1 earnings breakdown from Revolve Group. Plus, DoorDash posts a surprise profit and makes bold moves to acquire both Deliveroo and SevenRooms, and everyone’s favorite, WINNERS LOSERS CONTENT.

Transcript

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0:00.0	All right, Kathy's, we are back.
0:01.8	It is Hump Day.
0:03.1	It is Wednesday in Los Angeles, California.
0:06.6	And we finally have a beautiful sunny day.
0:08.2	We've had a streak of gloominess in the city.
0:11.9	Yep.
0:13.4	The city is hot right now.
0:15.8	Yes.
0:16.5	So for those that don't know, every year there's a conference in LA called the Milken Institute
0:24.9	conference.
0:25.6	I don't know what it's called.
0:26.6	And there's a lot of people that come to town in finance.
0:29.7	I don't know what the fuck they talk about there, but every rich person in the world shows
0:35.0	up.
0:36.0	Well, politicians show up and it's like people that talk about national security, finance,
0:41.4	investing.
0:43.0	Like, you name what's important in the world.
0:45.9	They come to the conference to talk about it.
0:48.0	Yeah.
0:48.4	I think they really come to L.A.
0:50.0	to hit the hot restaurants, hot nightclubs.
0:53.3	Every place is packed to the brim with people.
	...

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