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The Zacks Friday Finish Line Highlights: Mylan, Twitter, Tesla & SolarCity, YouTube

Published 10/14/2016, 12:02 AM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL—October 14, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.

Forget Netflix: Will YouTube, Twitter, and Facebook Kill TV?

Welcome to Episode #16 of the Zacks Friday Finish Line Podcast!

Mylan Settles One EpiPen Charge

The first story of the week included a resolution to the ongoing drama with Mylan (NASDAQ:MYL) regarding its price hikes on the EpiPen. On Monday, shares of the controversy-ridden pharmaceutical company gained around 8.5% after settling to pay $465 million to the U.S. government over claims that it overcharged federal programs for the allergy medication.

No One Loves Twitter

Maddy and Ryan also updated listeners about the current state of the Twitter (NYSE:TWTR) buyout rumors. New reports indicate that several previously-interested suitors, including Salesforce (NYSE:CRM) , Alphabet Inc. (NASDAQ:GOOGL) , and Disney (NYSE:DIS) , are no longer interested in the company.

Tesla & SolarCity Investors Set to Vote

While Twitter may not have found a match, the hosts filled us on in the budding relationship between Tesla (NASDAQ:TSLA) and SolarCity (NASDAQ:SCTY) . Tesla announced this week that shareholders will have an opportunity to vote on its proposed buyout of SolarCity next month.

YouTube Crushes Live Streaming

Finally, the featured story of the week surrounded the viewership of the most recent presidential debate. Interestingly enough, a new report indicated that YouTube’s livestream smashed the total television numbers for overall views. Twitter and Facebook (NASDAQ:FB) also got into the action with livestreams of their own.

Maddy and Ryan talked about what this new surge in livestreaming means for the cord-cutting market. Is this just another death signal for traditional television? Should Netflix (NASDAQ:NFLX) and Amazon (NASDAQ:AMZN) be looking to add live events to their libraries?

Want More Zacks Friday Finish Line?

Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



DISNEY WALT (DIS): Free Stock Analysis Report

AMAZON.COM INC (AMZN): Free Stock Analysis Report

NETFLIX INC (NFLX): Free Stock Analysis Report

TESLA MOTORS (TSLA): Free Stock Analysis Report

SALESFORCE.COM (CRM): Free Stock Analysis Report

MYLAN NV (MYL): Free Stock Analysis Report

FACEBOOK INC-A (FB): Free Stock Analysis Report

SOLARCITY CORP (SCTY): Free Stock Analysis Report

ALPHABET INC-A (GOOGL): Free Stock Analysis Report

TWITTER INC (TWTR): Free Stock Analysis Report

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