On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney touches on the latest news related to tariffs between the U.S. and E.U., as well as jobless claims and unemployment. Later, he is joined by Dave Bartosiak to discuss GM’s self-driving car unit, Tesla’s Consumer Reports drama, and Fiat Chrysler’s strategy meeting.
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Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook (NASDAQ:FB) Live, Twitter, Ustream, and more.
Stocks opened lower on Thursday as investors worried that the United States and European Union could be set for their own trade war, with U.S. tariffs on EU metals eligible to be implemented as early as today. Meanwhile, Thursday saw another in-line Initial Jobless Claims report ahead of tomorrow’s highly-anticipated BLS report.
Make sure to check out the show to hear what Ryan has to say about these stories!
On the second half of the show, Ryan is joined by Zacks Strategist Dave Bartosiak to recap what has been a busy week in the automotive sector. Investors sent General Motors (NYSE:GM) stock soaring on Thursday after it announced a self-driving car investment from SoftBank (OTC:SFTBY) , and this news followed other major headlines from Tesla (NASDAQ:TSLA) and Fiat Chrysler (NYSE:FCAU) .
Why is SoftBank teaming up with GM? What lies ahead for Fiat Chrysler? Why is Elon Musk thanking Consumer Reports? Find out the answers to these questions, and more, only on today’s Free Lunch!
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