On today’s episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest news from the investment and financial world.
Before jumping into anything too serious, Ryan and Maddy briefly discussed the Pokemon Go craze that is sweeping the nation. Although not players themselves, the Friday Finish Line hosts noticed the impact the game has had on Nintendo’s (NTDOY) stock this week.
If you are interested in Pokemon Go, check out how one of our writers thinks Nintendo could improve the game: 4 Ways Nintendo Can Improve Pokemon Go
The first bit of financial news on this week’s episode was the LINE Corp. (LN) initial public offering. Continuing on last week’s conversation about the sluggishness of the IPO market, the hosts talked about the success of the Japanese instant messaging app’s first day of trading.
Find out more about LINE’s IPO here: LINE Launches Biggest Tech IPO Of 2016
Ryan and Maddy also covered some news from a consumer staple, Starbucks (SBUX), which announced a 5% pay raise for all of its U.S. managers and employees. The drink maker also announced details about a new, high-end version of its storefronts in a partnership with an Italian bakery.
You can check out both of those stories here: Starbucks Announces 5% Base Pay Raise & Starbucks Creates New Upscale Stores with Italian Bakery Princi
Finally, the hosts talked about Amazon’s second annual Prime Day. This relatively new shopping holiday created one of the biggest days in Amazon’s history, and the company recorded record sales of its own electronic devices. Ryan and Maddy talked about the impact that Prime Day has on Amazon in the long run, as well as some other e-commerce stocks that could be affected.
Get a recap of Prime Day, as well as three stocks to look at now, right here: 3 Internet Stocks to Buy After Prime Day
Thanks for joining us on this week’s episode of the Zacks Friday Finish line podcast, and be sure to check back next week for the latest coverage!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>