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Just Keep Spending | Group Chat News Ep. 840

Group Chat

Group Chat

News, Entrepreneurship, Business

4.81.5K Ratings

🗓️ 5 February 2024

⏱️ 65 minutes

🧾️ Download transcript

Summary

Tonight on group chat news we catch you up on everything you need to know from this last week including the latest from J Powell and how it's not looking good for a rate cut in March, The latest jobs report, the release of the new Apple vision pro, Meta shares surge 20%, insider story on how FTX can give everyone their money back, Amazon earnings up 14%, Joe Rogans new deal with Spotify worth $250 million that is NOT exclusive, New York was selected for the world cup 2026, and Elon Musks $56 billion payback was VOIDED by a Delaware judge, and the latest update with Neuralink.

Timeline of What Was Discussed:

  • It’s the rainy season in California. (0:00)

  • Breaking down J Powell on 60 Minutes. (5:03)

  • The jobs report is full of s***! (16:52)

  • Is the Apple Vision Pro a net negative for society? (20:43)

  • Meta is SURGING! (31:29)

  • How is FTX able to return customer deposits? (41:08)

  • Amazon’s BONKERS numbers. (45:57)

  • Joe Rogan’s latest blockbuster deal with Spotify. (53:45)

  • LA’s World Cup fumble. (55:13)

  • Going all-in on Elon. (57:28)

  • Group Chat ‘Kathy’ Shout Outs. (1:01:11)

Related Links/Products Mentioned

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Transcript

Click on a timestamp to play from that location

0:00.0

All right, Cathies, we are back for a very wet, wet episode of group chat.

0:06.1

You know, California rarely has any weather issues, but I don't know what

0:10.9

atmospheric river is.

0:13.0

That is the hype in the California News Cycle.

0:17.0

I think it's global.

0:18.0

So I can, our friend who lives in Dubai, Philippines, texted me at noon, Pacific time today.

0:27.0

Talking about the atmospheric river?

0:28.0

Yeah, he's like, are you safe?

0:30.0

Yeah.

0:31.0

And it hadn't started raining yet.

0:33.0

I mean to be fair so I'm gonna get soccer at 11 a.m. So I think it started raining around 1 p.m.

0:41.0

Yeah, but I'll tell you I just drove over here. It is fucking rain. It's bad.

0:46.1

It's bad. Yeah. So on average California gets 22 inches of rain. I think last year we got double, like 40, 50 inches of rain. I don't remember the exact number.

0:58.0

Next 24 hours we're eating 5 inches.

1:01.0

It's a lot. It's a lot. A lot.

1:03.0

So basically it's like 25% of the annual.

1:06.0

Yeah, and we have rain.

1:08.0

That's Sunday, Monday, Tuesday, Wednesday, it also rained past week, It rained a day or two. All I care about, I don't want anyone to tell me about watering my fucking lawn. I want to water as much as I want. I'm going to let that shower run as long as I want.

1:26.9

I don't want to hear about a drought for the next two fucking years.

1:32.3

Yeah, I mean, I think five inches in three days solves the whole year's problem.

1:38.0

You need 22.

1:39.0

But I mean, we've had rain.

...

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