Momentum Changes Quick | Group Chat News Ep. 884

Group Chat

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

4.8 • 1.5K Ratings

🗓️ 9 August 2024

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Group Chat News is back and we are going over some of the hottest stories! Including, Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand, Disney parks are starting to be soft in attendance, Revolve's (NYSE:RVLV) Q2 Sales Top Estimates, Stock Soars, Chick-fil-A falls off as number one fast food restaurant and Del Taco takes the top spot, Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar, Where inflation has hit Americans the hardest, Credit card debt in America reached a new high of $1.14 trillion, What happens when Ozempic take over your town, and everyone's favorite WINNERS, LOSERS, and CONTENT.

Timeline of What Was Discussed:

Let’s talk Olympics! (0:00)

Football is back baby! (6:15)

The global market rollercoaster. (13:29)

Revolve is bucking the trend. (27:26)

The Ozempic impact. (31:29)

Where inflation has hit Americans the hardest. (43:34)

Winners, Losers, and Content. (52:02)

Group Chat ‘Kathy’ Shout Outs. (1:03:12)

Transcript

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0:00.0	All right now,
0:00.5	Kathies, we are back, number one podcast in the world.
0:06.2	Let's talk Olympics.
0:09.1	We're in a dog fight right now, live.
0:11.4	Live, as we were recording USA's playing Serbia and basketball.
0:16.6	Basketball are down by nine points in the third quarter right now so we'll keep you
0:20.6	updated.
0:21.6	You'll obviously know the end result of the game by the time you listen.
0:26.0	The other exciting things that are happening in Olympics,
0:32.0	USA track and field has been Blockbuster, especially in long distance running.
0:37.0	There's been a couple of really fun races on the men's and women's side that have been really, really great.
0:44.6	The metal count, for those of you that have been following,
0:48.5	USA is just absolutely dominating in everything, gold medals where I think people thought they were
0:56.3	falling behind. I knew once track kicked in we didn't have to worry about China too
1:00.3	much. The women's track has been in for the Americans. I've watched some like 400 meter
1:05.9	hurdle and I don't know the woman's name but she was like 20 meters ahead of Sydney.
1:10.9	She's like the world's best.
1:13.0	Okay, maybe it was her, but she was like...
1:16.0	She was like the face of Neki.
1:17.0	She was so far ahead of everyone.
1:20.0	Yeah, yeah, yeah, she's like the world's best.
1:22.0	I thought it was Shikkar. That's not a hurdle.
	...

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