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2016-07-28

NewsWatch: Apple’s historic stock surge could confirm what Buffett already knew

The second-biggest price gain in Apple’s stock is a welcome distraction from recent concerns about falling iPhone sales, and could confirm what Warren Buffett may have believed several months ago, that a bottom has already been seen.

posted 2016/07/28 by MarketWatch.com - Top Stories

Economic Report: U.S. trade gap widens and retail inventories rise in new advance look at economy

Advance readings showed that the U.S. trade deficit widened in June and some of the goods ended up building up retail inventories, the Commerce Department said Thursday.

posted 2016/07/28 by MarketWatch.com - Top Stories

Beer Goggles: Craft brewers’ success accelerates — and, yet, there’s more whining

Craft beer sales and a new distribution ruling are two bright spots, yet some in the industry are still fixated on Big Beer, writes Jason Notte.

posted 2016/07/28 by MarketWatch.com - Top Stories

Economic Report: Jobless claims climb 14,000 to 266,000

The number of people who applied for unemployment benefits last week rose by 14,000 to 266,000 but remained extremely low, reflecting a still-growing economy in which companies are hiring at a steady clip.

posted 2016/07/28 by MarketWatch.com - Top Stories

The Ratings Game: Analysts: That speeding train is Facebook so get out of the way

It was hard to find any analyst willing to take the negative road on Facebook after blockbuster results Wednesday, but one did step forward.

posted 2016/07/28 by MarketWatch.com - Top Stories

Outside the Box: VW suppliers are kidding themselves if they think the pain is over

Volkswagen’s settlement over ‘Dieselgate’ will hurt suppliers for years.

posted 2016/07/28 by MarketWatch.com - Top Stories

Need to Know: The case for buying stocks while other investors are ‘totally lost’

After being locked in a holding pattern before the Fed statement, stocks still aren’t taking off or crashing. Our call of the day, taken from Credit Suisse, is to stick with stocks even as the bank’s clients talk about being…

posted 2016/07/28 by MarketWatch.com - Top Stories

Metals Stocks: Gold stays firm after Fed meeting fuels the bulls

Gold prices remain higher Thursday as the Fed policy statement fuels expectations among gold bulls that the central bank is going to hold off on rate hikes.

posted 2016/07/28 by MarketWatch.com - Top Stories

Market Extra: Brexit beats oil, low growth as hot topic during Europe’s earnings season

More than half of European companies that have reported so far are talking about Brexit in their financial statements and earnings calls.

posted 2016/07/28 by MarketWatch.com - Top Stories

This is where Tesla stands as Elon Musk opens the Gigafactory

The visionary leader is dogged by skeptics and loved by cult-like followers, says Barry Wood.

posted 2016/07/28 by MarketWatch.com - Top Stories

Caroline Baum: Hillary’s tax plan can’t pay for all of Bernie’s ‘free stuff’

The results of a Clinton presidency: higher taxes and more debt, says Caroline Baum.

posted 2016/07/28 by MarketWatch.com - Top Stories

Your Digital Self: Pokémon Go shows that augmented reality isn’t ready for prime time

If it were, the smartphone-based game would be able to interact with other devices, apps and websites, says Jurica Dujmovi?.

posted 2016/07/28 by MarketWatch.com - Top Stories

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