A Tok to remember

[The beef 675] [I'm an image] “So, should I download TikTok now? Is this going to be as valuable as the iPhone with Flappy Bird that nearly sold for $100k?” - Jeff Hey there carnivores, Markets were up on Monday as big tech did its thing again... Today we’re talking US/China relations. Keep raging, Jeff & Jason [Image] [I'm an image] Buckle Up They say every generation is defined by its greatest struggle... Looks like we’ll go down as the generation defined by the global power struggle caused by a viral video app for pre-teens. Well, that or the two recessions and a global pandemic. China is not happy with Donny Politics right now. You see, POTUS is doing something... China does all the f*cking time. Most US big tech firms (read: Facebook, Amazon, Twitter etc.) are [banned]( from operating in China. Still, Beijing is calling bullsh*t on Trump's proposed ban of TikTok in the US because it will stifle the country's technological expansion. Make up your mind already, President Xi. That number one spot For those that haven’t been spending time at the local teen center lately (so, hopefully, everyone here), TikTok is one of the most popular apps in the world… and the most popular app to come out of China… well, ever. This was a huge W for Beijing, but [the potential sale]( of US operations to an American corporation could set a dangerous precedent for other companies in China that aim to achieve the same levels of global success… say Alibaba or Tencent. Because of the implications And the implications go much further than just ByteDance and Microsoft. The internet (yes, the entire interwebs) is showing signs of fracturing as countries increasingly use app and website bans as a diplomacy tactic. India, for example, retaliated against China (which killed actual Indian soldiers in a border dispute) by banning TikTok and Tencent. Meanwhile, Australia and Japan [are considering similar moves]( (a TikTok ban that is, not killing Indian soldiers). The bottom line... So, is Microsoft still looking to buy TikTok and wind up in the middle of an international sh*tstorm? Potentially, but only if Uncle Sam gets a cut. Donny Deals said he would approve the purchase, but only if the Treasury Department gets a “substantial portion” of the sales price since his use of presidential power essentially brokered the deal. Power. Moves. Only. Is that kosher? Well, one law professor [had this to say](: “It’s completely unorthodox for a President to propose that the U.S. take a cut of a business deal, especially a deal that he has orchestrated. The idea also is probably illegal and unethical.” [Image] The Anatomy Of A Triple-Digit Winner Nate Bear Once Scored 66 Triple-Digit Return Winners In 66 Days Now He Wants To Show You How He Finds Them Today at 2 PM ET—LIVE [Alternate text]( [Register Here]( [I'm an image] ☑️An inconvenient truth. Marathon Petroleum is dumping its convenience store line, Speedway. The gas goliath is [selling]( its line of high-people snack food stores to the owners of 7-Eleven, Seven & I Holdings, for $21B, marking the largest energy-sector deal of the year...so far. If you had convenience stores being the largest energy deal of the year on your 2020 bingo board, you’re cheating. The all-cash deal comes on the heels of pressure on Marathon coming from none other than activist investor, Elliott Management. Paul Singer takes no hostages, and he hates hot dogs sold off a roller. The deal brings 7-Eleven’s footprint in North America to more than 14k locations. That’s a lot of Slurpees. ☑️ It’s a reverse merger! Lordstown Motors is bringing life to an old GM plant in Ohio, how? A reverse merger! Lordstown is [joining]( up with publicly-traded DiamondPeak Holdings in a deal that would list Lordstown on the Nasdaq. The deal implies the value of Lordstown hitting $1.6B. Because of the...[implication.]( Reverse mergers are having a moment, with Lordstown following in the footsteps of startups like Nikola and DraftKings. [Nikola]( hit the public market in June, after working out a deal with VectoIQ. ☑️ Can you smell what The Rock is cooking? The XFL is staying in the WWE family. The Rock and partners of RedBird Capital have [agreed]( to spend $15M to buy the XFL. Is that really all it costs to buy a league? Alpha Entertainment had to shut down shop after the XFL shuttered games five weeks into the season, thanks to COVID. The XFL is a cursed league, change my mind. ☑️ A sartorial sacrifice. Better find a tailor...Men’s Wearhouse and Jos. A Bank are [filing]( for bankruptcy. Working from home is killing another office-attire brand. Sorry, Brooks Bros. Tailored Brands, the companies’ owners, had been dealing with debt and flagging demand before a global pandemic hit. A pandemic that caused everyone to work from home. And when you work from home you don’t wear a suit, unless you’re a try-hard. Tailored said it's closing more than 500 stores and cutting 20% of corporate jobs. So more people who could be wearing their brands to work. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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