The Day Ahead: Big Retailers and Salesforce Earnings & Tesla Investor Day

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Now let's look ahead at the events that are sure to move markets tomorrow and let's start with another day of very busy earnings. So we have home improvement store Lowe's customer relationship management platform, salesforce burger chain Wendy's and department store kohl's. They're all scheduled to release results tomorrow. Now the street will be focusing on the number from big box retailer Lowe's, that's expected to post fourth quarter earnings before the markets open and analysts are expecting an adjusted earnings Share of $2.21. That would mark a 24% increase year over year revenue is forecast to be at $22.7 billion 6.4% year over year. Now, you might remember earlier, home depot posted mixed earnings last week and raised its dividend but share still tumbled on the disappointing guidance, which a lot of retail companies have also been seeing ahead of what they believe is going to be a consumer slowdown in spending. Now Tesla shareholders will be getting a better sense of the future of the world's leading tv carmaker when it holds its first ever investor day. Tomorrow, it will be held at the company's gigafactory in austin texas and musk is expected to provide more details about its previously announced gen three platform, which includes a new compact, affordable Tesla vehicle. This could help Tesla compete with lower priced TVs from ford GM Volkswagen and more. So we might also get an update of Tesla's full self driving software, which is under investigation in California and by federal regulators who also keep an eye out for updated production and delivery projections. As Tesla's Berlin gigafactory, starting to turn out vehicles at a high rate. That facility is producing 4000 model Y vehicles every week after must previously called it a quote giant money furnace.