Retail Sales, Tesla, & Amazon

Smart Investing with Brent & Chase Wilsey

• The National Retail Federation is predicting a new all-time record for Halloween spending which will reach $10.1 billion this year. The previous record was 9.1 billion in 2017. However, there could be a problem.
• Tesla continues to improve on revenue and earnings. Record revenue was reported at $13.8 billion which delivered a $1.6 billion third-quarter profit for the company.
• Amazon announces they will be hiring 150,000 workers on a temporary basis for the holiday season. The starting wage at Amazon is $18 an hour and they say that these employees will be eligible for sign on bonuses and hourly bonuses as well.