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Tax Plan, Nvidia AI Chips, Roku IPO, And Blackberry Earnings

Published 09/29/2017, 12:56 AM
Updated 07/09/2023, 06:31 AM
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  • (1:00) - Trumps Proposal For New Tax Plan
  • (8:15) - Nvidia's New Volta Systems and Partnerships
  • (13:00) - Roku IPO
  • (18:30) - Blackberry (TO:BB)'s Software Focus
  • (26:00) - Episode Roundup: Podcast@Zacks.com

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 President Trump and the GOP’s tax plan, Nvidia’s new AI chip deal, Roku’s IPO, and Blackberry’s surprising earnings report.

Make sure to subscribe and leave the show a rating on iTunes!

The hosts started by recapping President Trump’s tax reform speech on Wednesday. Maddy covered the event as it unfolded, so she provided her initial reactions to what she found to be an on-topic, yet inevitably polarizing public appearance by POTUS.

For more of Maddy’s coverage: Trump's Tax Plan Blueprint, Explained

Maddy and Ryan also discussed the latest news from red-hot chipmaker Nvidia (NASDAQ:NVDA) . In what is becoming a noticeable trend in the market, Nvidia announced yet another key partnership this week—this time related to the integration of AI chips in data centers run by Chinese tech giants like Alibaba (NYSE:BABA) , Baidu (NASDAQ:BIDU) , and Tencent (OTC:TCEHY) .

Read more: Breaking Down Nvidia's AI Chip Deal with Chinese Tech Giants

Also this week, Wall Street celebrated the initial public offering of video streaming hardware company Roku Inc. This brand is known for its streaming boxes, but as Maddy and Ryan noted, Roku would like to eventually become an advertising-first company. For now, however, the brand can be happy with the fact that its shares soared more than 65% on its first day of trading.

Check out more: Roku Shares Surge Over 40% in IPO: Should Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) Be Worried?

Finally, the hosts covered the latest earnings report from BlackBerry (NASDAQ:BBRY) , the mobile solutions provider that just won’t die. While you might remember the brand because of its once-iconic smartphone, BlackBerry was able to post a surprise profit thanks to remarkable growth in its software and services business.

Make sure to tune into this week’s episode to hear more!

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!

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

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Alibaba Group Holding Limited (BABA): Free Stock Analysis Report

Baidu, Inc. (BIDU): Free Stock Analysis Report

Tencent Holding Ltd. (TCEHY): Free Stock Analysis Report

BlackBerry Limited (BBRY): Free Stock Analysis Report

NVIDIA Corporation (NVDA): Free Stock Analysis Report

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