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MacSurfer's Archive: Saturday, July 7, 2018


Apple News
  • "Why stock traders are dumping Apple supplier Foxconn Industrial: The stock — despite a 33pc drop — is trading at 19 times earnings, ahead of the 16 times for Apple, the world's most valuable company" South China Morning Post 9:28 PM
  • "Is Apple Stock (AAPL) a Buy? Another iPhone-size hit doesn't seem to be on the horizon, but that's OK." The Motley Fool 6:56 PM
  • "Loop Capital has raised its Apple price target: Analyst Ananda Baruah likes the momentum of Apple's subscription growth." Apple 3.0 8:47 AM
Industry News
  • "Stock market ends week solidly higher after jobs report; Biogen logs best day since 2004: Biogen's stock rallies after successful Alzheimer's drug trial" MarketWatch 7/6
  • "Jobs Report Drives Stocks to Second Day of Gains: Stocks trimmed earlier gains but closed solidly higher in the wake of a strong jobs report Friday." TheStreet 7/6
  • "US stocks snap higher despite escalating US-China trade tiff" Associated Press 7/6
  • "Stocks Post Weekly Gains: Signs of a buoyant U.S. labor market help investors look past escalating trade tensions" [Paid Membership Required] 7/6
  • "Asian markets end higher but still down for week, as U.S., China tariffs kick in/Analyst: Friday's rise is 'a sign of complacency or a suggestion that investors have grown accustomed to this continued spat'" MarketWatch 7/6
  • "European stocks close slightly higher, nab weekly gain: European stocks finished slightly higher Friday, erasing an earlier loss that came as the U.S. and China kicked off a trade war by implementing promised import tariffs." MarketWatch 7/6