Travel retailer WHSmith announced that Amazon.com Inc.'s Just Walk Out technology that allows customers to bypass the checkout line to pay for items is now available at its New York City location in LaGuardia Airport. Customers traveling out of the airport's new terminal can tap a payment card upon entry to the WHSmith and leave without stopping at the cash register. The payment card will be charged for the items purchased. Amazon's stock is down 4.8% over the last year while the S&P 500 index i Read More...
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Why Nvidia Stock Popped Ahead of Earnings
Semiconductor stock Nvidia (NASDAQ: NVDA) got another lift on Tuesday morning when investment bank Piper Sandler predicted — on the day before fourth-quarter earnings arrive — that Nvidia will deliver a “significant beat and raise,” as StreetInsider.com reported this morning. “Overall, demand [for Nvidia’s chips] continues to be strong for gaming given the adoption of RTX GPUs with ray tracing,” Piper Sandler said this morning. In short, Piper Sandler is predicting that Nvidia will exceed expectations for 48% quarterly revenue growth and 58% earnings growth in its fourth-quarter report.
