Navigating Financial Turbulence in a High-Valuation Media Company

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This chapter explores the troubling financial landscape of a media company linked to a high-profile political figure, highlighting its $3 billion market valuation despite serious revenue challenges. It examines the potential ramifications of significant losses, stock selling, and borrowing against assets amidst strict SEC regulations that demand transparency in the company's financial maneuvers.

Episode 414: Neal and Toby break down with Nike CEO John Donahoe announces he is retiring after the company's struggling sales. Plus, the guys explain why every single board member resigned from 23andMe this week. Then, Olive Garden cuts a deal with Uber to deliver bread sticks and Trump Media shares prepare to slide as big shareholders can sell their stocks. Next up Starlink is getting in the way of astrology and can Netflix help Jordan Chiles get her Bronze medal back?

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00:00 - Shohei Ohtani makes history

02:40 - Nike CEO Steps Down

08:00 - 23andMe Struggles

12:00 - Olive Garden and Uber

16:00 - Trump Media stock falls

19:20 - Starlink blocking scientists

22:50 - Netflix helping Jordan Chiles

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