10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TSLA, AMZN, FB)

Your daily selection of the hottest trending tech news!

According to (This article and its images were originally posted on Business Insider November 26, 2018 at 06:54AM.)

Here is what you need to know.

  1. Cyber Monday 2018 is forecast to be the biggest online-shopping day in US history. Sales are expected to hit $7.8 billion, up 18% versus a year ago, according to Adobe Analytics.
  2. Amazon is gaining groundShares of the e-ecommerce behemoth are up 2.6% at $1,541 apiece ahead of Monday’s opening bell. They are down more than 26% from their September peak.
  3. Elon Musk says Tesla was near death during its Model 3 ‘production hell.’ Musk told Axios in an interview broadcast Sunday evening on HBO that Tesla was “bleeding money like crazy,” and that the hemorrhaging of cash got to the point where it was “single-digit weeks” from death.
  4. Facebook has a bruising week aheadBritish lawmakers are leaning towards releasing a cache of documents that could reveal how Facebook’s privacy policy allowed Cambridge Analytica to access the data of 87 million users, according to The Observer.

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This article and images were originally posted on [Business Insider] November 26, 2018 at 06:54AM. Credit to the original author and Business Insider | ESIST.T>G>S Recommended Articles Of The Day.

 

 

 

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