Steph Curry's New Mega Shoe Deal, SpaceX IPO, & LA Mayor Race| GCP 1009
Group Chat
Group Chat
4.8 • 1.5K Ratings
🗓️ 4 June 2026
⏱️ 55 minutes
🧾️ Download transcript
Summary
Group Chat News is back with the biggest stories of the week including Steph Curry's mega shoe deal with Chinese brand Li-Ning, the upcoming SpaceX IPO and the panic around it sucking liquidity from the markets, the LA mayor race as ballots are still being counted, Berkshire Hathaway buying into Google and Google's $85 billion equity raise, the great AI bubble debate, Victoria's Secret and the GLP-1 ripple effect across fashion and retail, Macy's surprising growth, and Bernie Sanders' pitch for the government to own 50% of AI companies.
Transcript
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| 0:00.0 | All right, LA, we got some big, big, big news for all the Californians. |
| 0:06.0 | Spencer Pratt is going to the runoff. |
| 0:10.0 | Yeah, so he's going to, mathematically, it looks like it. |
| 0:13.0 | They're still counting mail-in votes. |
| 0:15.0 | Well, that's all fraud. |
| 0:17.0 | Bass is in. |
| 0:18.0 | Bass is in. |
| 0:19.0 | Rum is out. |
| 0:20.0 | She can be some conceited. It looks like it. Pratt in. Rahm is out. It looks basic conceited. |
| 0:21.3 | It looks like it. |
| 0:22.1 | Pratt will be in the runoff. |
| 0:25.0 | I think we all assumed it. |
| 0:27.3 | We talked about it on Sunday. |
| 0:28.5 | Yeah, I'm actually pleasantly surprised. |
| 0:33.1 | He has about 31% and Bass has 34. |
| 0:37.4 | That's closer than I thought. Not right now. Yeah, literally right now. |
| 0:41.3 | I just checked. So the fact that Pratt is three points down with, you know, his campaign just |
| 0:49.1 | started several months ago. So I'm optimistic by November. It's going to be a clear annihilation. |
| 0:59.7 | I think the voter turnout is so pathetic. Yeah, but it's consistent with the last elections. |
| 1:07.0 | That's my point is that I think... So just the math, so everyone knows math so everyone knows in LAC, LA County's 12.9 |
| 1:12.5 | million, which is all of L.A. L.A. City, which actually gets to vote for L.A. Mayors, 3.8, 3.9 |
| 1:19.0 | million. Registered voters of that 3.9 million because that includes kids. Right. Right. So, um, so I know last election cycles we just back into the math, 920,000, 950,000 |
... |
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