The chapter delves into the significant decline in chip stocks due to trade tensions and geopolitical concerns with China, highlighting the fluctuation in technology industry shares. Additionally, it discusses the acquisition of a controlling stake in Angel City FC, making it the most valuable women's sports team globally at $250 million, led by Disney CEO Bob Iger.
Episode 368: Neal and Toby chat about the latest chapter in the US-China chip war where a Trump interview with Bloomberg sent semiconductor chip indexes tumbling, while China is looking to expand their chip capabilities. Then, a couple of major deals with Bob Iger acquiring Angel City FC for $250M and Ray-Ban owner acquires the once-popular streetwear brand Supreme. Plus, Neal shares his favorite numbers from the Emmy’s, the fastest human-made object, and night-owl productivity. Meanwhile, the pool industry is slowly drowning. Lastly, the trend of running-for-hire is spreading throughout Indonesia. Behold the Strava Jockey.
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00:00 - Ken Griffin buys Apex Stegosaurus
03:00 - Chip wars heat up
07:15 - Angel City FC bought for $250M
11:45 - Ray-Ban buys Supreme brand
15:30 - Neal’s Numbers: Emmy’s, fast object, night-owls
20:00 - Pool industry is drowning
24:00 - Behold the Strava Jockey
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