NewsWatch: Apple shares are bound for $400, says analyst who helped spark Tesla rally this week

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MARKETWATCH FRONT PAGE

Investors are overlooking all the positives about Apple right now, says Wedbush analyst Dan Ives who has lifted his price target to $400. See full story.

As China locks down 3 cities, here’s why the mysterious coronavirus continues to spread so rapidly

A U.S. citizen who recently returned from central China has been diagnosed with the new virus, the CDC said Tuesday. See full story.

Intel stock jumps as cloud pushes quarterly revenue higher than $20 billion for first time

Intel Corp. shares rallied in the extended session Thursday after the chip maker’s quarterly results and outlook topped Wall Street estimates with a big beat in data-center sales. See full story.

When companies can spend $120 to get your order delivered overnight: How speedy shipping is changing retail

As retailers spar over expedited shipping, Amazon is spending billions to get the upper hand. See full story.

U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch

U.S. marijuana retail chain MedMen Enterprises Inc. has been offering vendors shares in its company as payment for cannabis products amid a cash crunch in the industry. See full story.

MARKETWATCH PERSONAL FINANCE

Persistently low mortgage rates have both a positive and a negative influence on the housing market. See full story.