All-Star Race: Chase Elliott won, first career all-star win. Looked like a nice crowd on hand. First time All-Star Race on short track.
Next up: Saturday, 5:00 p.m. CDT, Texas Motor Speedway.
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Here we go:
- SRE to use Bloom Energy fuel cells.
- BlackRock profit beats Street estimates. Profit jumps 21% on fixed-income boost.
- Market finally notices: retail sales jump 7.5% in June, 2020. Excluding gasoline, US retail sales have come all the way back ot pre-pandemic trendline growth.
- Retail investors napping up stocks amid coronavirus volatility: Charles Schwab. Google for link.
- Tea leaves: crude oil glut to continue; demand destruction to worsen.
- Analyst: Amazon will beat 2Q20 earnings estimate. Calls for revenue of $81.3 billion, a 28% year-over-year increase and above the high end of Amazon's guidance of between $75 billion and $81 billion. The estimate is 0.8% above consensus.
- US housing starts accelerate in June, 2020
- Dow: pre-market up 120 points; early morning trade, down 50 points.
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