Group Chat News is back with the hottest topics of the week. The guys get into Father's Day, youth sports, and the real life lessons hiding in a kid's baseball tournament before diving into LVMH's stunning decline, OnlyFans' $2.6 billion machine, and World Cup mania taking over America.

On this episode of Group Chat, Dee Murthy and Anand Murthy break down:

– LVMH's negative growth and what the decline of Louis Vuitton, Dior, and the luxury giants says about the global economy
– The K-shaped recovery, the vanishing middle class, and why a "violent rebound" in luxury may be coming
– OnlyFans hitting $2.6 billion in US spending. the cash machine, the brand moat, and the AI creators cashing in
– The #1 OnlyFans spending city in America (it's not LA, New York, or Miami)
– World Cup mania: SoFi Stadium vs. MetLife, and why the finals should've been in LA
– The "Freddy" phenomenon America's viral World Cup hero, and whether the whole thing is a marketing plant
– Whether Europeans are really "discovering" America, and why the world sings American songs
– Team USA's run, the magic of a hot team, and the country roads takeover
– Father's Day real life lessons: learning how to lose the lessons sports teach that carries into business and life

If you enjoy the show, please leave us a 5-star rating and review on Apple Podcasts and Spotify — it genuinely helps more than you know, and it's the best way to support Group Chat.

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Hosted by Dee Murthy, Anand Murthy, and Chris "Drama" Pfaff

The Group Chat crew breaks down the biggest SpaceX IPO on Wall Street, the AI shutdown scare gripping the tech world, and the World Cup mania taking over America. Business news, markets, and culture from one of the longest-running business podcasts.

This week on Group Chat News:

• SpaceX goes public at a $2.1 trillion valuation: We break down the IPO frenzy, the OG Starbase investors, and Elon's path to $1 trillion by 2030
• The El Segundo wealth boom: how space money is about to reshape the South Bay
• World Cup mania hits America, Team USA run, and the electric atmosphere in LA
• A Middle East peace deal looks imminent: what it means for summer gas prices and inflation
• The Stanford walkout: graduates, free speech, and real-world consequences in tech and finance
• The Knicks' historic win, Wembanyama, and how you're supposed to carry a loss
• The Fable 5 AI shutdown scare, government involvement, and Satya Nadella's warning to the industry
• Should the US government invest in AI companies? The guys debate the trillion dollar question

Group Chat News covers business, markets, tech, sports, and culture every week. If you like All-In, My First Million, and business news that actually keeps up with the week, follow and subscribe.

⭐ Enjoying the show? Leave us a rating, it helps more than you'd think.

Hosted by Dee Murthy, Anand Murthy, and Chris "Drama" Pfaff

Group Chat News is back with the biggest stories of the week including the Knicks taking over Madison Square Garden and the massive MSG spectacle, the final LA ballots coming in and the questions surrounding the mayoral election, the government wanting to buy into the major AI companies as Bernie Sanders, Trump, and Sam Altman all weigh in, the market dip and what Broadcom's forecast says about AI, SpaceX minting 400 new millionaires ahead of its IPO and the Ontario Teachers' Fund turning $300 million into a projected $11 billion, and a debate on Newport Beach, California living, and much more