Group Chat News is back and we got the hottest stories of the week including Gamestop stock falling 31% from pre-market high in minutes after "Roaring Kitty" made a post with "grim reaper" knocking on a door that says "Gamestop, according to new filings, Netflix has officially acquired rights to the NFL's Christmas Day games in a three-year deal, New York Giants Picked For HBO's 'Hard Knocks Offseason' Show, Google to roll out AI search summaries to billions by year end, OpenAI just announced a new AI model it's calling GPT-4o, Walmart's reign as America's biggest retailer is under threat, and WINNERS, LOSERS, and CONTENT. 

Timeline of What Was Discussed:

• The latest CPI report only further confirms the consumer is soft. (0:40) 

• Roaring Kitty is at it again. (9:14) 

• Netflix’s BIG bet on live sports, and the power of the NFL. (18:50) 

• AI is top of mind. (26:26) 

• Walmart under threat as the nation's top retailer? (39:50) 

• Winners, Losers, and Content. (46:18) 

• Group Chat ‘Kathy’ Shout Outs. (53:02) 

Related Links/Products Mentioned 

• April CPI data was ‘positive’ after recent disappointments, New York Fed president says 

• The Grand Wailea Resort in Maui has been added to the default watchlist on an $800 million unpaid loan @ 46% occupancy rate 

•  BREAKING: Gamestop stock, falls 31% from pre-market high in minutes after "Roaring Kitty" makes post with "grim reaper" knocking on a door that says "Gamestop." 

• RenTech, a hedgefund, bought 1 million GameStop shares at the end of March, according to new filings. 

• It also increased its AMC holdings to 8.7 million shares in March. 

• Netflix has officially acquired rights to the NFL's Christmas Day games in a three-year deal. 

• New York Giants Picked For HBO's 'Hard Knocks Offseason' Show   |  Click to read more 

• OpenAI just announced a new AI model it's calling GPT-4o 

• Google to Roll Out AI Search Summaries to Billions by Year-End 

• Walmart’s Reign as America’s Biggest Retailer Is Under Threat 

• NBA Targets $76 Billion Windfall in New TV Rights Deal 

• April Cass Data Shows No Improvement In Freight Demand 

• Watch Jerry Seinfeld's Full Commencement Address 

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