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Full Court Finance

Ben Rains takes on the weeks top trending stories in the sports industry
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Jul 29, 2016

On today’s episode of the Zacks Friday Finish Line podcast, host Ryan McQueeney and content writer Adam Clark, filling in for host Maddy Johnson, take on the week’s biggest news from the investment and financial world.

Second-quarter earnings were once again the focus this week, but the hosts started the show by touching on the state of the U.S. economy. With Friday’s lackluster GDP report and the Fed’s decision not to raise interest rates this week, economic activity in the country isn’t looking necessarily fantastic.

Find out more about the GDP report: Q2 GDP Disappoints, Q2 Earnings Mixed

Ryan and Adam also covered the two big acquisitions of the week. The Yahoo (YHOO) takeover saga finally ended with Verizon’s (VZ) $4.83 billion purchase of the former search giant’s core business, and Oracle (ORCL) boosted its cloud suite with its $9.3 billion acquisition of NetSuite (N). 

Check out our full coverage of these takeovers: Oracle to Acquire Cloud Company NetSuite & Three Things Verizon Should Do With Yahoo Immediately

And finally, the hosts once again recapped another busy week of earnings announcements. This week was packed full of tech and internet giants, and just like last week, the second-quarter reports showed mixed results. Ryan and Adam tackled all the fresh data from Twitter (TWTR), Apple (AAPL), Facebook (FB), Amazon (AMZN), and Alphabet (GOOGL).

Check out all of our earnings-related stories:

  1. Twitter Slumps on Weak Q2 Revenue, Sluggish MAUs Growth
  2. Apple Inc. Beats Earnings, Up 5% on Strong Overall Performance
  3. Facebook Soars on Q2 Earnings Beat, Backed by Strong Mobile Ad Revenue
  4. Amazon Posts Q2 Earnings and Revenue Beats
  5. Alphabet Inc. Beats Q2 Earnings, Up 3.1% on Revenue Surge

There’s even more reports coming up next week, and the Friday Finish Line crew will remain on top of it all. Thanks for tuning into the Zacks Friday Finish Line! We’ll see you next Friday!

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