Activist Investor | Group Chat News Ep. 740

Feb 17, 2023

Today, Dee and Anand discuss the impact of rising wholesale prices on inflation and how it affects the economy. They also explore record-breaking consumer debt and its connection to increasing delinquencies. Shopify's falling stocks and Instagram's move away from live shopping are also on the table. Additionally, they look at Hasbro's bleak future forecast and DocuSign's plan to lay off employees. Finally, they discuss Coca-Cola's revenue rise and the growing health concerns in East Palestine, Ohio, after a train derailment. Stay tuned for this week's Winners, Losers, and Content.

- written by ChatGPT

Timeline of What Was Discussed:

• Shout out to USC! (2:34) 

• Why not tank the market? (10:34) 

• Record consumer debt. (13:22) 

• A stock Dee wished he would have shorted. (17:02) 

• Instagram is getting its focus back. (21:26) 

• The toy giants are falling out of favor. (25:07) 

• DocuSign’s latest round of layoffs. (28:36) 

• If you’re in a WeWork, renegotiate your rate. (30:44) 

• Nothing is stopping Coca-Cola. (34:06) 

• The infrastructure of America is very nerve-wracking. (39:54) 

• Winners, Losers, and Content. (47:04) 

Related Links/Products Mentioned 

• Chatty Kathy Club 

• Third-party collective Tommy Group launches to facilitate NIL deals for USC athletes 

• Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase 

• Consumer debt hits record $16.9 trillion as delinquencies also rise 

• Shopify stock falls nearly 7% as forecast disappoints amid escalating Amazon rivalry, price increases 

• Instagram sunsets live shopping as commerce retreat continues 

• Hasbro forecasts gloomy 2023 as inflation pummels toy demand 

• DocuSign to lay off 10% of its workforce, or about 700 employees 

• WeWork issues glum revenue forecast as tech layoffs hurt 

• Coca-Cola revenue rises in fourth quarter, fueled by higher prices 

• Health concerns grow in East Palestine, Ohio, after train derailment 

• A Tesla party: The 3-station Las Vegas Loop that's revolutionizing how you get around 

• Michael Rubin on Gambling with Drake, Working with Jay- Z & Partying with Travis Scott! 

• Watch Shotgun Wedding | Prime Video 

• AIR Trailer #1 (2023) - YouTube 

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