We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including the potentially weak summer movie schedule, Trump’s decision to pull out of the Paris climate deal, and Amazon’s victory in the race to $1,000.
Make sure to subscribe and leave the show a rating on iTunes!
It was another interesting week across the global markets, and after the Memorial Day weekend, investors were greeted by the news that the summer was not off to a good start for Hollywood.
Indeed, according to estimates from comScore, Memorial Day weekend domestic revenue hit an 18-year low, which is not a good sign considering the importance of the holiday for the box offices. What’s worse? Some analysts think this is a trend that will continue all summer long.
Moving on, the hosts also touched on President Trump’s decision to withdraw from the Paris climate accord. The renewable energy industry was initially rocked on Wednesday morning amid reports that Trump was planning to pull out of the deal, and that was later confirmed by the president himself later in the week.
Finally, the hosts touched on the Amazon (AMZN - Free Report) vs. Alphabet (GOOGL - Free Report) race to $1,000 per share, which concluded on Tuesday morning when Amazon crossed the monumental threshold for the first time.
Maddy and Ryan spent some time discussing the future of both companies and debated what could send both stocks to $2,000. Make sure to check it out!
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this episode of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Summer Movies, Trump Pulls Out of Paris Deal, Amazon Beats Alphabet to $1,000
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including the potentially weak summer movie schedule, Trump’s decision to pull out of the Paris climate deal, and Amazon’s victory in the race to $1,000.
Make sure to subscribe and leave the show a rating on iTunes!
It was another interesting week across the global markets, and after the Memorial Day weekend, investors were greeted by the news that the summer was not off to a good start for Hollywood.
Indeed, according to estimates from comScore, Memorial Day weekend domestic revenue hit an 18-year low, which is not a good sign considering the importance of the holiday for the box offices. What’s worse? Some analysts think this is a trend that will continue all summer long.
Find out more here: Movie Theater Stocks Slump, Will Summer Blockbuster Season Be a Flop?
Moving on, the hosts also touched on President Trump’s decision to withdraw from the Paris climate accord. The renewable energy industry was initially rocked on Wednesday morning amid reports that Trump was planning to pull out of the deal, and that was later confirmed by the president himself later in the week.
Read more: Solar Stocks Plunge as Trump Reportedly Pulls Out of Paris Climate Deal
Finally, the hosts touched on the Amazon (AMZN - Free Report) vs. Alphabet (GOOGL - Free Report) race to $1,000 per share, which concluded on Tuesday morning when Amazon crossed the monumental threshold for the first time.
Maddy and Ryan spent some time discussing the future of both companies and debated what could send both stocks to $2,000. Make sure to check it out!
And for more commentary, go here: Amazon Shares Hit $1,000, Alphabet Inches Closer
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to this episode of the Zacks Friday Finish Line, and check back for even more news from the investment and financial world!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>