EP773: DeSantis 2024?, Jay-Z and Beyoncé $200M Home Purchase, Foot Locker Slashed Profits & More!

Today, Drama and Anand discuss the latest headlines in this week’s episode. They dive into the buzz surrounding Ron DeSantis and Elon Musk’s Twitter exchange, signaling DeSantis’s presidential bid. They also explore the unexpected economic boon caused by the sudden collapse of energy prices. The hosts analyze Abercrombie & Fitch’s impressive earnings report, which sent their stock soaring. However, Foot Locker’s stock takes a nosedive after slashing profit forecasts, impacting Nike and Under Armour. They conclude with a discussion on the world’s biggest tourism spenders and Beyoncé and Jay-Z’s jaw-dropping $200 million home purchase, marking California history. Tune in for these captivating stories and this week’s Winners, Losers, and Content!
– written by ChatGPT

Timeline of What Was Discussed:
Bias on Twitter Spaces? (2:35)
It’s really TOUGH to take the media seriously. (15:38)
Is Abercrombie & Fitch back? (21:56)
Foot Locker is just NOT that cool anymore. (29:28)
The world’s biggest tourism spenders ARE NOT traveling. (32:46)
A little inspiration for your day. (37:46)
Winners, Losers, and Content. (44:10)
Kathy Questions. (53:48)
Group Chat Shout Outs. (57:34)

Related Links/Products Mentioned

Ron DeSantis will launch his presidential bid with Elon Musk on Twitter
Sudden Energy-Price Collapse Brings Economic Boon
Abercrombie & Fitch soars on stellar earnings report | CNN Business
Foot Locker Stock Plummets After Slashing Profit Forecast; Nike, Under Armour Slump
World’s Biggest Tourism Spenders Aren’t Traveling—and May Not for Years
Beyoncé and Jay-Z Drop $200 Million on Most Expensive Home in California History
Scott Belsky on Twitter – Photoshop’s new generative fill

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About the Hosts!

Chris “Drama” Pfaff
Drama moved to Los Angeles with dreams of working in a skateboard shop, and through his cousin, Rob Dyrdek, he became a character “Rob & Big” and “Fantasy Factory”. At age 22, he launched a t-shirt and streetwear line, Young & Reckless, which has grown into a nationwide brand with celebrity endorsements from Puff Daddy and Justin Bieber.

Follow Drama on Instagram: https://www.instagram.com/drama

Dee Murthy
Dee is a seasoned entrepreneur, investor, and executive in multiple fashion and celebrity-focused ventures. He is the co-founder and CEO of Five Four Group; one of the largest online platforms of vertically-integrated men’s fashion brands.

Follow Dee on Instagram: https://www.instagram.com/deemurthy

Anand Murthy
Anand is the CFO of the Five Four Group and official fact checker of Group Chat. Additionally, Anand is the co-founder of an angel investing firm that has invested in over 100+ small business and start ups.

Follow Anand on Instagram: https://www.instagram.com/anandmurthy/


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