Shares of semiconductor pioneer Nvidia (NASDAQ: NVDA) were down 4.4% today as of 12:15 p.m. ET. There was no specific news from Nvidia that caused the tumble, but rather ongoing worry that slumping GPU prices could bring down the company's gaming segment. For the sake of comparison, the Nasdaq Composite Index was down almost 2% on Tuesday. Read More...
Reuters
U.S. FDA classifies recall of GE’s ventilator batteries as most serious
The CARESCAPE R860 ventilator’s backup batteries, including replacement backup batteries, were recalled as they were running out earlier-than-expected, which could cause the device to shut down preventing the patient from receiving breathing support, the U.S. Food and Drug Administration said. The CARESCAPE R860 ventilators use the main power via a wall plug to operate and the device’s backup battery is meant to keep it running in situations such as patient transport. GE Healthcare, the medical device making arm of General Electric, had initiated the recall of 4,222 of its ventilator batteries distributed between April 2, 2019, and April 18, 2022.
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