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Podcast Alpha @PodcastAlphaX - Video: $GME board member Larry Cheng @larryvc: "The GameStop business is now quite profitable. It's a very strong business."
Cheng won't detail the live corporate action around the rejected $56B eBay bid, but he's clear the business underneath it changed: a large cash pile, a Bitcoin treasury, and a CEO who treats capital allocation as the core job of the role, citing Google's own SpaceX stake as the model for optimizing every balance-sheet dollar.
Ryan Cohen @ryancohen, GameStop's CEO, laid out the eBay thesis directly on a prior podcast: cost cuts, live commerce, and a digital-collectibles market, backed by $500M of his own capital, none of it pulled out of GameStop.
Don't price $GME as a settled meme-stock story. The board is signaling this capital-deployment program isn't over.
What breaks the bull case if the cash pile sits idle instead: https://t.co/csEASxjU8L
Source: The Full Ratchet @TFR_Pod -
https://x.com/PodcastAlphaX/status/2077170172788392023
Politi_Rican@TheRicanMemes - Coming this fall… 😭😭
https://x.com/dto_rok/status/2077556593365852457
Q The Storm Rider @Q_TheStormRider - Video: HOLY COW
Jim Jordan: "How much of that $35 million of taxpayer money did you give to confidential human sources?"
Jack Smith: "....uh...."
Jordan: "We know you gave $20k to someone. It just got reported last week."
[...]
Jordan: "Who's the source?"
Smith: "I do not know the identity of the source."
Jordan: "How many other payments went to this source or other sources?"
Smith: "As I sit here, I do not know the answer to that question[...]"
Jordan: "$35 million and you're giving money to people –the country doesn't know who they are and you're giving their hard-earned money to these folks? [...] Why did you have to do it? [...] Why did you have to pay people for information when you could subpoena them and get it?"
FOLLOW ME, THE NEXT DROP WILL BE SHOCKING
https://x.com/Q_TheStormRider/status/2077486031797092526
Rapid Response 47 @RapidResponse47 - Video: @POTUS at the Pennsylvania Defense & Innovation Summit: "This afternoon, we're announcing nearly $10B of new investments in our defense industrial base right here in the great Commonwealth of Pennsylvania. These investments will create more than 4,000 jobs."
https://x.com/RapidResponse47/status/2077478286863560865
Rapid Response 47 @RapidResponse47 - Video: .@POTUS: "You have other countries that are only there because of us... they have massive purchases from us, and we have deficits with them. And the tariffs have brought that back a long way. Our trade deficit is down 68% in one year. Think of that!"
https://x.com/RapidResponse47/status/2077475369586749935
Rapid Response 47 @RapidResponse47 - Video: .@POTUS: "I was very honored. It's cute. Not a bad picture... It was very unusual, but I was honored by it." 🤣
Quote:
Treasury Secretary Scott Bessent @SecScottBessent
As America commemorates 250 years of independence, the @usmint will begin striking this new $1 gold coin to honor the enduring legacy of liberty and a lasting symbol of patriotism. Featuring President Trump, it celebrates the strength of American values, and the promise of a nation dedicated to preserving freedom for all.
https://x.com/RapidResponse47/status/2077474841871908928
Rapid Response 47 @RapidResponse47 - Video: FOX BUSINESS: "Do you see inflation, at the end of the year, less than it is now?"
@POTUS: "I think so... when this is over, oil is going to drop like a rock, so the answer would be yes."
https://x.com/RapidResponse47/status/2077474439369810097
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