Public affair

[The beef 675] [I'm an image] “You had my curiosity… but now you have my attention.” - Jeff Hey there carnivores, Markets were down yesterday following another piss poor showing from big tech. Today we’re talking about a potential TikTok IPO. Keep raging, Jeff & Jason [Image] [I'm an image] A public affair The US government has tentatively agreed to the Oracle and TikTok deal (which won't include the service's algorithms), but it still needs approval from the Chinese government and President Trump. El Presidente (and I ain’t talkin’ Davey Day Trader) is expected to make his decision within the next [24 to 36 hours.]( “Invest in teens now!” Wait, FBI, let me rephrase that… TikTok, the popular video platform amongst teens and tweens, may become a public company. ByteDance [plans to IPO TikTok]( on a US stock exchange in an effort to address national security and ownership concerns. The US Treasury has stated that US investors would need to take at least a 60% in the video platform company, with Oracle owning roughly 20% as the “trusted technology partner”. Who makes up the rest? Possibly you, with Walmart, Sequoia Capital, and General Atlantic expected to invest as well. The bottom line... As it turns out, Walmart is the ultimate TikTok Simp. SimpTok, if you will. The go-to super shopping center of your uncle who drives a Dodge Ram (with a Hemi) hopes to take a stake [in the social network](, but it hasn't disclosed to what extent. Wally World’s CEO Doug McMillon will also have a seat on the TikTok US operations board if all goes according to plan. If you recall, Walmart [whored itself out](, trying to join a deal with Microsoft. But when that deal fell through, Walmart jumped ship. Smh... these hoes ain’t loyal. [Image] Informed Traders Are Putting On Option Bets That Even The Most Degenerate Gambler Would Pass On [Alternate text]( Only To Profit In The Most Unthinkable Ways Discover How You Can “Copy” Their Trades And Potentially Profit Alongside Them [Get Started Now]( [I'm an image] ☑️We fixed the glitch. Take your best shot, North Korean hackers. @Jack is rolling out a bold new security strategy ahead of the US election. You ready for this? Twitter will [send a push notification]( asking elected officials to change their password and enable two-factor authentication. Yes, seriously. You might recall that Twitter was hacked in July. And it wasn't pretty. The perp, a teen from Florida (because, of course he's from Florida) took control of some of the sites largest accounts and tweeted out a bitcoin scam that netted him north of $100k. It's worth noting that the hacker gained access by infiltrating Twitter's internal systems and not by guessing Joe Biden's password (read: 123456). ☑️Big oof. Weekly initial unemployment claims were roughly [flat compared to last week.]( For those keeping score at home, the figure fell by 33k claims vs. last week and the number beat expectations... which were set incredibly low. Continuing jobless claims also fell, but this wasn't exactly a report markets could get excited about. It appears that job recovery has ground to a halt, with weekly unemployment claims plateauing at just below 1M. ☑️Going (out of business forever is definitely a) concern. Are you happy now COVID? Rona boi has got Dave & Busters on the ropes. And it couldn't come at a worse time considering parents would love to unload the kiddos at an arcade for a few hours while they suck down $9 domestic drafts. But shares of the barcade [fell]( nearly 26% yesterday on concerns that it would be forced into bankruptcy. All 137 D&B's were closed during quarantine (50 remain closed) and nearly all of its employees were furloughed. The good news is that with their experience in the entertainment industry, they likely had no problem landing the Assistant Manager job at a local mini-golf course. The company has negotiated 92 rent relief agreements thus far but it may be too little, too late. 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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