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Nvidia, Stock Of The Day, Nears Buy Point Before Fiscal Q2 Earnings Report

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Nvidia, Stock Of The Day, Nears Buy Point Before Fiscal Q2 Earnings Report

NVIDIA NVIDIA NVDA $ 225.47 $0.17 0.07% 35% IBD Stock Analysis NVDA eyeing 236.54 buy point, with 224.76 early entry Stock recovering faster than other chip/AI hardware names Relative Strength line off highs, but highest in a few months IBD Composite Rating 97/99 Industry Group Ranking 15/197 Emerging Pattern Consolidation Consolidation A sideways pattern that doesn’t fit traditional base definitions.…

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Magnetar Financial, CoreWeave 10% owner, sells $33.4m stock

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Magnetar Financial, CoreWeave 10% owner, sells $33.4m stock

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Lifeward earnings missed by $0.07, revenue topped estimates

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Lifeward earnings missed by $0.07, revenue topped estimates

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AeroVironment SVP, chief accounting officer sells $41,381 in stock

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AeroVironment SVP, chief accounting officer sells $41,381 in stock

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Egg recall over salmonella risk upgraded to Class I with dozens of cases

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Egg recall over salmonella risk upgraded to Class I with dozens of cases

Weeks after a recall was issued for more than 1.5 million cartons of one dozen eggs due to the risk of salmonella, the U.S. Food and Drug Administration has upgraded the recall to the highest risk level.

On Wednesday, the recall was moved up to a Class I, which signifies “a situation in which there is a reasonable probability that the use of or exposure to a violative product will cause serious adverse health consequences or death.”

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The upgrade comes as nearly 98 people have been sickened across 17 states, with 26 hospitalizations, according to a July 24 update from the FDA.

No deaths have been reported.

POPULAR REESE’S, ALMOND JOY ICE CREAM BARS RECALLED OVER LABELING ERROR

Eggs in supermarket

Cartons of eggs are seen at a supermarket in Houston. (Ronaldo Schemidt/AFP via Getty Images / Getty Images)

Officials said the recalled products were sold under several brands, including Kroger, Brookshire’s, Country Morning, Simple Truth, and Sunups, as well as various bulk Grade A and Grade AA eggs.

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The eggs were distributed to retail and food service customers in Texas, Oklahoma, Arkansas, Louisiana, New Mexico and Mississippi, as well as other smaller retail outlets, according to the FDA.

The vast majority of those sickened — 73 — were in Texas. 

Customers in California, Nevada, Arizona, New Mexico, Colorado, Oklahoma, Louisiana, Mississippi, Missouri, Illinois, Minnesota, Georgia, South Carolina, North Carolina, New York and West Virginia, each reported a handful of cases.

Country Morning and Brookshire's cartons

Recalled retail egg cartons for Country Morning Grade A Large 12-count, top, and Brookshire’s Jumbo 12 White Eggs. (U.S. Food and Drug Administration / Fox News)

WHOLE FOODS RECALLS SALSA, GUACAMOLE AND PREPARED FOODS IN 12 STATES OVER SALMONELLA CONCERNS

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The FDA said that distribution of recalled eggs “has been confirmed for states listed, but product could have been distributed further, reaching additional states.”

Midwest Poultry Services initiated the voluntary recall, affecting 1,589,577 dozen cartons of white shell eggs and brown cage-free shell eggs, in the last week of July.

Kroger Medium Grade A carton

A 12-count carton of Kroger Grade A Medium eggs subject to the Salmonella recall notice. (U.S. Food and Drug Administration / Fox News)

The affected products were produced at two farms in Texas, according to the FDA.

Officials said the issue was discovered during routine environmental testing.

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The salmonella scare comes amid a deadly outbreak of cyclosporiasis linked to lettuce that causes explosive diarrhea.

Fox Business’ Bonny Chu contributed to this report.

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Cool Inflation Data Propels Stocks to Fresh Records

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Cool Inflation Data Propels Stocks to Fresh Records

Prices on consumer and wholesale goods aren’t rising as much as feared, and that has been good for stock prices.

Two straight days of soft inflation data lifted the S&P 500 index to an all-time high. On Thursday, the Labor Department reported that wholesale prices were unchanged in July, defying predictions from economists who saw them rising. The reading, which followed a mellow consumer-price index print the day before, is resetting expectations about what the Federal Reserve will do next month—and in a positive way.

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SpaceX, Defense Contractors Progress On Orbital Interceptors, Pass Golden Dome Test

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SpaceX, Defense Contractors Progress On Orbital Interceptors, Pass Golden Dome Test

SpaceX, Northrop Grumman, Lockheed Martin and other key participants for the U.S. Golden Dome missile defense program have passed a critical milestone with their first round of tests as they compete for future contracts, the Space Force announced this week. Citi on Thursday hiked its price targets across its aerospace and defense coverage. U.S. Space Force Gen. Michael Guetlein, czar…

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Applied Materials Tops Views With Fiscal Q3 Results, Outlook

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Applied Materials Tops Views With Fiscal Q3 Results, Outlook

Applied Materials (AMAT) late Thursday beat analyst estimates for its fiscal third quarter and with its guidance for fiscal Q4. But AMAT stock slid in extended trading. The semiconductor equipment giant earned an adjusted $3.50 a share on sales of $9.12 billion in the quarter ended July 26. Analysts polled by FactSet had expected earnings of $3.40 a share on…

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BioRestorative Therapies suspends shipments of ExoCR and BioX products for review

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BioRestorative Therapies suspends shipments of ExoCR and BioX products for review

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Bruker declares $0.05 quarterly dividend for common shareholders

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Bruker declares $0.05 quarterly dividend for common shareholders

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CoreCivic director Thurgood Marshall Jr. sells $241,400 in shares

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CoreCivic director Thurgood Marshall Jr. sells $241,400 in shares

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