- (0:20) - North Korean Tensions On The Rise
- (2:10) - Blue Apron Earnings Report
- (5:40) - Snap Earnings Report
- (9:10) - Retail Sector Earnings Breakdown
- (13:00) - Nvidia Earnings Report
- (17:00) - Episode Roundup: Podcast@Zacks.com
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Intern Ben Rains—filling in for Maddy Johnson—take on this week’s biggest stories, including earnings from newly-public Blue Apron and Snap Inc., the continued struggles of retail stores, and a recap of Nvidia’s latest results.
Before jumping into this week’s top financial headlines, Ryan and Ben took some time to discuss the volatility and overall hesitation throughout the global markets that resulted from increased geopolitical tensions. The relationship between North Korea and the United States appears to be at a breaking point, and investors took a healthy pause this week because of the recent developments.
Of course, there were several other headlines to cover as well. Earnings season is wrapping up, but investors did see fresh reports from two of this year’s biggest IPOs: Blue Apron (APRN - Free Report) and Snap Inc. (SNAP - Free Report) . It was a disappointing first-ever earnings report for Blue Apron, and Snap didn’t fare very well in its second-ever report. As a result, these struggling new stocks look poised to keep on struggling.
Read more here: Snap Stock Plummets on Q2 Earnings and Revenue Miss& Investors React to Blue Apron's Abysmal First Earnings Report
On the topic of disappointment, that’s exactly what investors were dealt by several major retail earnings reports this week. Once again, department store giants like Macy’s (M - Free Report) , Kohl’s (KSS - Free Report) , and Dillard’s (DDS - Free Report) plummeted after the markets were quick to punish the brand’s for continued same-store sales declines. Despite what some may see as small improvements in certain areas of retail, investors weren’t buying it this week.
Get the full scoop: Retail Earnings Roundup: Macy's, Kohl's, Dillard's Plummet
Finally, the hosts turned their attention to investor-favorite Nvidia’s (NVDA - Free Report) earnings results. Despite a massive earnings beat and solid revenue figures, Nvidia shares dropped as the markets picked apart its strong second-quarter results. Want to know why? Tune in to find 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 firstname.lastname@example.org. 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!
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