The average gallon of gasoline in the U.S. will cost less than $3 this weekend for the first time in nearly four years, with more than 60% of all U.S. stations selling gas for less than $3/gallon, according to AAA.
"We're going to continue going down, and by Thanksgiving I'm seeing $2.80 a gallon" before stabilizing into early 2015, oil analyst Andy Lipow tells CNBC, noting that gasoline futures are tumbling, which will be passed on to consumers over the next few weeks.
Lipow remains wary of a potential market surprise if Saudi Arabia decides to cut production, "since the market thinks that OPEC is going to do nothing."
Ford (F +1.2%) says 179K consumers priced their online configuration of a 2015 F-150 over the last four weeks.
The automaker says a total of 200K website visitors have asked to be notified when there is news about the F-150 style they prefer.
What to watch: Ford has given up some market share in the U.S. this year in anticipation of strong demand for the aluminum-bodied 2015 F-150. Early buzz could be critical with the automaker needing to get to Q2 before seeing full supply.
Amazon (AMZN +1.7%) will start labeling promotions on its website as "Black Friday" deals beginning tomorrow.
The company will offer two deals of the day through December 22 and more than 15K lightning deals.
Prime members will get the first crack at some of Amazon's promotions.
What to watch: Most retail analysts and economists have a forecast of 4.0%-4.3% growth for holiday sales which factors in promotional activity at last year's level. Any extra discounting/promotions push from the sector could take sales below estimates.
Walgreen (WAG +1.7%) CFO Timothy McLevish will deliver a presentation at the Credit Suisse Healthcare conference on November 12.
The talk from the exec could be an important one, according to analysts.
Fresh insight on the Alliance Boots integration, the forecasting error allegedly made by McLevish's predecessor, the impact of CVS Caremark's tobacco/health strategy, and Apple Pay could all be on the agenda.
Marriott International (MAR -0.4%) has signed content deals with superstars from YouTube and Snapchat in an effort to build an entertainment platform that attracts younger travelers to the Marriott brand, according to Variety.
YouTuber Jack Harries and Snapchat contributor/film director Casey Neistat are included in the list of entertainers set to feed Marriott Content Studio.
The Barbie vs. Elsa sales trend looks to be extending into the holiday season.
Hasbro (HAS +1.2%), Jakks Pacific (JAKK -1.4%), and Disney (DIS +1.3%) all saw a powerful sales boost from Frozen-related doll sales in Q3, while Mattel's (MAT +2.1%) Barbie brand slumped during the quarter.
A scan of Google search tallies indicates Elsa is still taking Barbie market share just ahead of the crucial holiday season.