Group Chat

29/08/2023

GCP Rewind 12/9/2019
Should we bring back the Holiday party?
…………………
The 1st Annual Group Chat Holiday Party was a YUGE success, thanks to everyone that come out and spent the night with us!! The support from all of you is unreal and we can’t thank you enough. If you didn’t get a chance to make it last night, you’re in luck! Todays episode is from last night, go listen and tell us your favorite topic 😂☝️ Cheers to the holiday season ❄️ ⛄️

22/08/2023

Our very own and partner have secured Series B funding in their startup .io

This is only the beginning.

Read all about it on TechCrunch on Twitter/X at GroupChat

04/08/2023

Top 10 college students with NIL deals and where they're getting their deals:

Bronny James, USC basketball:
NIL valuation: $7.5 million
James has signed deals with a number of high-profile brands, including Nike, 2K Sports, and Panini.

Livvy Dunne, LSU gymnastics:
NIL valuation: $3.3 million
Dunne has signed deals with a number of brands, including Under Armour, BodyArmor, and Bumble. She has also appeared on the cover of Sports Illustrated.

Arch Manning, Texas football:
NIL valuation: $2.9 million
Manning has signed deals with a number of brands, including Jordan Brand, Gatorade, and Topps. He has also appeared in commercials for State Farm and AT&T.

Caleb Williams, USC football:
NIL valuation: $2.6 million
Williams has signed deals with a number of brands, including Nike, Beats by Dre, and Cash App. He has also appeared in commercials for Dunkin' Donuts and EA Sports.

Full List on our Twitter @ GroupChat

03/08/2023

Apple Card's high-yield Savings account, offered by Goldman Sachs, has reached over $10 billion in deposits since launching in April. The Savings account offers an APY (annual percentage yield) of 4.15%. Since launch, 97% of Savings customers have chosen to have their Daily Cash automatically deposited into their account.

23/07/2023

Did you see Barbie?

What did you think?

22/07/2023

Will you be seeing Oppenheimer?

What were your thoughts?

10/07/2023

🚨EXCLUSIVE KATHY PROMO🚨

Our friends from ALES GREY are giving all Kathy’s an exclusive BOGO offer on their shoes!

Buy a pair of ALES GREY on REI.com and get another pair for Free!!

Send the screen shot of your purchase and DM us them on Instagram so you can choose your second pair for Free!
………

06/07/2023

Taylor Swift's Eras Tour is a masterclass in business savvy. The tour is set to generate over $1 billion in revenue, making it one of the most successful tours of all time. Swift has leveraged her massive fan base to create a truly unique and immersive experience for her fans. The tour is a testament to Swift's ability to connect with her fans on a personal level, and it is sure to leave a lasting impression on the music industry.

04/07/2023

GCP in Africa.

Kathys are worldwide.

01/07/2023

🚨Members Tent Exclusive🚨

Get your Members Tent hat now

Only $5 Shipping!

Design by

Pair it with the shirt for the full members experience.

Links in our bio.

29/06/2023

🚨NEW MERCH ALERT🚨

Now you can join Anand in the Members Tent

s/o to for the design

20/06/2023

Kathy Merch Giveaway!!

We will be giving away 2 GCP Camo Hats each week for the next 4 weeks.

To enter:
1. Tag 3 friends
2. Like this post
3. Bonus Entry for following on Twitter

We will choose 2 Kathy’s at the end of each week by DM.

Good luck Kathy’s

19/06/2023

Support GCP and ‘Merica with this limited edition USA hat.

Guaranteed before July 4th.

Only at shopnewrepublic.com

06/06/2023

The PGA Tour and Saudi-backed LIV Golf have agreed to merge. This is a major development in the world of golf, a major win for LIV and has the potential to shake things up.

For more details, go to our Twitter at: GroupChat

04/06/2023

China's homegrown C919 passenger jet has just completed its much-anticipated maiden commercial flight, marking a significant milestone for the country's aviation industry.

The successful flight challenges the dominance of Boeing and Airbus in one of their key markets, signaling China's growing capability to develop its own commercial aircraft.

To learn more,head over to our Twitter at: GroupChat

.

04/06/2023

Macy's, the iconic New York City department store chain, has made a significant update to its annual sales and profit forecasts for 2023.

With a downward revision, the company now expects lower sales figures ranging from $47.6 billion to $48.2 billion, down from the previous forecast of $49.0 billion to $50.5 billion.
's CEO, Jeff Gennette, acknowledges the unprecedented challenges the company is facing due to a multiple of factors.

For more details, visit our Twitter at: GroupChat.

's .

01/06/2023

US House passes bill to suspend debt ceiling just days before potential default.

The bill received bipartisan support, with Republicans and Democrats coming together to address the urgent issue.

President Biden has called on the Senate to consider the legislation.

For more go to our Twitter
@ GroupChat.

01/06/2023

Group Chat Event signup is live!!!

Only a few spots remaining.

RSVP ASAP!!

Link is in our stories and Twitter @ GroupChat

30/05/2023

Neuralink achieved a significant milestone as it gained FDA approval for its first human clinical trial.

This allows the company to test their brain chip technology in individuals with quadriplegia, aiming to enhance their control over devices through thoughts.

The implanted chips, connected to a computer, could potentially revolutionize the way we treat disabilities.

For more in depth analysis go to our
Twitter @ GroupChat

26/05/2023

DirecTV Secures $1 Billion Deal for NFL 'Sunday Ticket' in Bars and Restaurants. A Major Victory for Sports Media.

The deal between DirecTV and EverPass Media, securing the continued provision of the NFL's highly sought-after "Sunday Ticket" package to bars and restaurants.

Key points:

- DirecTV has reached a seven-year agreement worth $1 billion per year with EverPass Media to continue offering the NFL's "Sunday Ticket" package to bars and restaurants.

- This deal marks a significant triumph for DirecTV, which had been the exclusive provider of "Sunday Ticket" to these establishments since 1994.

- The agreement ensures that the NFL's coveted package remains accessible to a wide audience and contributes to the league's goal of generating $2.5 billion annually from "Sunday Ticket."

Additional Insights and Details:

1️⃣ The NFL's "Sunday Ticket" package holds the title of the most valuable sports media rights deal globally.

2️⃣ The $1 billion per year deal represents a 50% increase compared to the previous arrangement.

3️⃣ The seven-year agreement sets a new record as the longest in the history of "Sunday Ticket."

This milestone agreement not only secures the availability of "Sunday Ticket" to a diverse range of venues but also holds tremendous significance for the sports media industry and DirecTV's market position.

Via:CNBC

25/05/2023

Young Workers Express Lower Levels of Job Satisfaction, but Most Find Contentment with Their Job

Key Points:

- A Pew Research Center survey reveals that young workers are less likely to report "very satisfied" job satisfaction compared to older workers.

- However, the majority of young workers (85%) still express some level of satisfaction with their job.

- Reasons for lower job satisfaction among young workers include inadequate pay, limited benefits, poor work-life balance, and job security concerns.

Implications:

- The trend of "quiet quitting" highlights the increasing number of young workers leaving jobs without immediate replacements, influenced by factors like the pandemic and a desire for work-life balance.

- Employers should prioritize addressing the specific concerns of young workers to enhance job satisfaction and retain talent.

- Paying fair wages, providing comprehensive benefits, allowing flexible work arrangements, and fostering a positive work environment are key steps to improve job satisfaction among young workers.

Additional Insights:

- Young workers are more open to change and innovation, emphasizing the importance of creating an environment that supports their desire for growth and creativity.

- Job satisfaction among millennials remains relatively low, with only 40% expressing satisfaction in a survey by the Society for Human Resource Management.

- The high prevalence of burnout among millennials, as identified in a National Bureau of Economic Research survey, further underscores the need to address job satisfaction concerns.

Via: Pew Research

25/05/2023

Rising Apartment Loan Delinquencies Threaten Landlords and Economy

Key Points:

- Apartment landlords across the US face financial strain due to rising loan delinquencies.

- Factors like increasing interest rates, inflation, and the ongoing pandemic contribute to the cash crunch.

- The Sun Belt region, with a concentration of apartment complexes built during the housing boom, is particularly affected.

- Foreclosure risks loom large, leading to potential evictions and a negative impact on consumer spending.

Implications:

- The significant rise in loan delinquencies poses threats to landlords and the overall economy.

- Evictions and declining consumer spending could trigger wider economic consequences.

- Urgent government intervention is required to support apartment landlords through financial assistance and possible lending standard adjustments.

Additional Insights:

- Current statistics show $47 billion in apartment loans with at least 90 days delinquency.

- The delinquency rate for apartment loans has been steadily increasing since the start of the pandemic.

- The Sun Belt region faces a substantial concentration of at-risk loans.

- Government action is essential to prevent a worsening situation and a potential economic crisis.

Via: Bloomberg

25/05/2023

Dollar Tree's First Quarter Earnings Miss Expectations, Faces Challenges

Key Points:

- Dollar Tree's same store sales increased by 4.8% in the first quarter, slightly below analysts' expectations.

- Earnings per share (EPS) were $1.47, adjusted, below the expected $1.52.

- Revenue met analysts' expectations, totaling $7.32 billion.

Implications:

- Dollar Tree's earnings miss suggests the company is encountering challenges in the market.

- Increased competition from discount retailers like Walmart and Target could be impacting Dollar Tree's performance.

- The company may be struggling to pass on higher costs to consumers.

What it means for the future:

- Dollar Tree still maintains a strong brand and loyal customer base.

- The company's performance in future quarters will be crucial in assessing its ability to overcome challenges.

Additional Insights:

- Dollar Tree operates over 15,000 stores across the US and Canada.

- The company employs more than 140,000 people.

- Dollar Tree's stock currently trades at around $120 per share.

Via: CNBC

25/05/2023

Minneapolis Fed President Considers Skipping June Rate Hike Amid Growing Inflation Concerns

Key Points:

- Neel Kashkari, Minneapolis Fed President, expressed openness to skipping a rate hike in June, contrary to the Fed's current plan of raising rates at its next two meetings.

- Pressure mounts on the Fed to slow rate hikes due to high inflation and signs of economic slowdown.

- Kashkari believes in fighting inflation but emphasizes the need for a flexible approach, suggesting the Fed should pause rate hikes if inflation starts to decrease.

Implications:

- Kashkari's comments reflect concerns over the potential impact of rapid rate hikes on the economy.

- Investors may welcome the possibility of a rate hike pause, given their apprehensions about the economy's ability to withstand further tightening.

- Kashkari's stance is not representative of the entire Fed, as he is one of 12 governors and presidents, leaving room for a different decision in June.

Additional Insights:

- The Fed has raised rates by 75 basis points this year and is expected to raise them by another 150 basis points by year-end.

- Unemployment remains low at 3.6%, near a 50-year low.

- The stock market has experienced volatility, with a year-to-date decline of approximately 10%.

- The housing market shows signs of cooling, including declining home sales and prices.

Via: Bloomberg

25/05/2023

New Hope for Weight Loss: Swallowable Balloon Shows Promise in Battling Obesity

Key Points:

- The Obalon balloon system is a gas-filled balloon that is swallowed and expands in the stomach, helping individuals feel full and eat less.

- A clinical trial with 250 overweight or obese participants showed that those who received the Obalon balloon system lost an average of 12.4% of their body weight over six months, compared to 2.4% in the sham treatment group.

- The Obalon balloon system is generally safe, with common side effects including nausea, vomiting, and bloating.

- While not a cure for obesity, the Obalon balloon system offers a helpful tool for weight loss and improved health.

Implications:

- The Obalon balloon system provides a new and innovative approach to tackling obesity and supporting weight loss efforts.

- Cost, invasiveness, and potential side effects are factors to consider when evaluating the suitability of the Obalon balloon system.

- Discussing the treatment with a healthcare professional is crucial to understanding its risks and benefits.

Additional Insights:

- Obesity is a prevalent health issue, affecting over one-third of adults in the United States.

- Obesity is linked to increased risks of chronic diseases, including heart disease, stroke, type 2 diabetes, and certain cancers.

- Treatment options for obesity vary, including diet, exercise, medication, and innovative approaches such as the Obalon balloon system.

Via: MedScape

25/05/2023

24/05/2023

📰 Headline: Tom Brady Joins Las Vegas Raiders Ownership Group: NFL Legend Expands Business Ventures

📌 Key Points:

- Tom Brady to acquire minority ownership stake in Las Vegas Raiders pending NFL approval

- Retired after 23 seasons with numerous passing records and 7 Super Bowl wins

- Previous partnerships with Raiders owner Mark Davis in WNBA and Major League Pickleball

- Raiders franchise value: $2.4 billion; Brady's net worth: $200 million

💡 Implications:

- Brady's ownership stake shows continued passion for the NFL and potential future role in the league

- Highlights trend of athletes becoming owners post-retirement

🌍 Global Impact:

- Attracts attention to Raiders and NFL as investment opportunities for retired players

📊 Additional Insights:

- NFL rule limits minority owners per team, stake likely less than 10%

- Notable retired player-owners: John Madden, Steve Young, Warren Moon

💬 Via Yahoo:

22/05/2023

💡 The targeted components are considered "core technologies" used in areas like telecommunications, semiconductors, and artificial intelligence.

🛡️ The move is driven by national security and economic interests, although analysts warn of potential negative impact on the Chinese tech industry.

💰 Implications:

- Higher prices for Chinese tech products due to the need to find alternative component suppliers.

- Increased difficulty for Chinese tech companies to compete with foreign counterparts using the latest components.

- Slowdown in innovation within the Chinese tech industry due to reduced access to cutting-edge foreign technology.

🌍 Global Impact:

- The Chinese government's decision reflects efforts to "decouple" the Chinese economy from the global economy, raising concerns about a possible trade war.

- The move's consequences extend beyond China, affecting tech industries worldwide with potential price hikes and challenges for foreign companies.

📊 Additional Insights:

- Chinese tech industry is a significant economic driver, employing millions and contributing billions to the economy.

- National security and economic interests are cited as justifications for the decision, but analysts express concerns about negative consequences.

⚠️ The long-term impact of China's restrictions on foreign components remains uncertain, both for the Chinese tech industry and the global tech landscape.

Via: Yahoo News

22/05/2023

📰 Foot Locker Shares Plunge 25% as Earnings Miss Expectations and Guidance is Slashed 📉

Key points:

💼 Foot Locker's shares drop 25% in premarket trading.

💰 Earnings per share decline to 73 cents from 85 cents last year.

📉 Revenue falls 11.4% to $1.93 billion.

🔍 Foot Locker blames online retail competition, rising inflation, and supply chain disruptions.

📉 Full-year guidance revised, expecting a sales decline of 6.5%-8% and earnings per share of $2-$2.25.

Implications:

⚠️ Retail industry faces challenges due to inflation and supply chain disruptions.

💔 Consumers encounter increased competition from online retailers.

📉 Retailers forced to cut prices or close stores.

Additional insights:

📉 Retail industry struggles as consumers reduce discretionary spending.

💸 Inflation reaches a 40-year high, impacting prices of goods.

⚙️ Supply chain disruptions make product delivery difficult.

💼 Many retailers forced to cut prices or close stores.

Via: CNBC