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Friday, November 8, 2013

Weekly Roundup: A week of yardsticks, for Tesla, Twitter and economy

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MarketWatch
Weekly Roundup
NOVEMBER 08, 2013

A week of yardsticks, for Tesla, Twitter and economy

Top 10 stories for week of Nov. 4-8


Weekly Roundup
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This was a week for measurement, whether of the value of two fairly young, growing companies or the economy as a whole.

 See video

Of course, the market is always measuring, in real time, everything — that's the bedrock of efficient-market theory.

But this week seemed to generate more commentary than most, on just what was the value of a maker of luxury electric vehicles or of a microblogging service, or how many private-sector jobs can be created when the federal government is shut.

Meanwhile, the stock market keeps going up and up. The Dow Jones Industrial Average (DJIA) gained 0.9% to finish at fresh record. The S&P 500 (SPX) rose for the fifth week, rising 0.5%, while the Nasdaq Composite (COMP)  lost a sliver.

Stay tuned to MarketWatch this weekend for more investing and retirement news.

— Steve Goldstein

Twitter stock soars 73% in trading debut

Twitter Inc.'s shares (TWTR) soared Thursday in their debut on the New York Stock Exchange, marking the second-biggest Internet initial public offering in history.

Read more on Twitter's debut

Here's a Twitter reality check

So you missed out on the Twitter initial public offering — good for you, says Chuck Jaffe.

Read more: Here's a Twitter reality check

BloombergA Tesla Motors Inc. supercharger.What were Tesla investors expecting?

The cries of anguish you're hearing over Tesla Motors Inc.'s (TSLA) latest earnings report have all the authenticity of the famous line from "Casablanca" in which Captain Renault expresses "shock" that there is gambling going on, says Mark Hulbert.

Read: What were Tesla investors expecting?

Tesla burning! Another fire drill for investors

Another Model S fire. This time in Smyrna, Tenn. And yes, it's all over the Internet.

Read more on the Tesla fire.

U.S. economy adds 204,000 jobs in October

The U.S. economy created double the jobs last month that Wall Street forecast, despite a government shutdown that was expected to put a damper on hiring.

Read more on October jobs report

BlackBerry plunges after sale fails to work out

BlackBerry Inc.'s (BBRY) failure to secure a full-buyout deal may come as little surprise to some who have been tracking the rapid demise of the once-powerful smartphone pioneer, but the jury is still out on how long the company can keep its lights on while the business restructures — or scavengers look for value in its parts.

BlackBerry tries to keep the lights on

You really can time the stock market

Yes, most people who try to time the market end up screwing it up — they buy and sell at the wrong times — but that does not mean the idea is flawed, says Brett Arends.

Read: You really can time the stock market

Why China may change forever this weekend

The "Third Plenum" could be the biggest thing to happen to China in decades.

Read: Why China may change forever this weekend

The fastest way to send money electronically

Downloading a book, movie or album takes just minutes. But electronically transferring cash to a friend can take the better part of a week. MarketWatch put leading services to the test.

Read: The fastest way to send money electronically

5 sites teens flock to instead of Facebook

Remember that other social-media site? Teens increasingly don't.

5 sites teens flock to instead of Facebook

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