First up, the scoreboard:
- Dow:
- S&P 500:
- Nasdaq:
- US 10-year yield:
- WTI crude oil:
1. Walmart is making a mockery of the retail apocalypse — and traders are betting it'll keep soaring. They're paying the lowest premium in two years to hedge against a decline in the stock, which surged after the company raised full-year guidance.
2. Goldman Sachs says Tesla's new big rig won't solve its Model 3 problems. Analyst David Tamberrino acknowledges that the company's semi truck will provide a short-term boost, but that the Model 3 production bottleneck will keep weighing on the stock.
)
)
)
3. A $423 billion investor explains why tech stocks are defying a warning sign.
ADDITIONALLY:
A new study predicts the top 13 places where Amazon could build its new headquarters
CVS may have a secret weapon against Amazon's move into healthcare
Nike and Adidas have entirely different ideas of how to take over the US
Buffalo Wild Wings' entire future depends on the price of chicken wings
Domino's CEO throws shade at Walgreens and says the pizza chain has a better rewards program