NVIDIA Corporation Q1 Profit Decreases, but beats estimates

NVIDIA Corporation (NVDA) announced earnings for first quarter that decreased from last year but beat the Street estimates.

The company’s earnings came in at $1.62 billion, or $0.64 per share. This compares with $1.91 billion, or $0.76 per share, in last year’s first quarter.

Excluding items, NVIDIA Corporation reported adjusted earnings of $3.44 billion or $1.36 per share for the period.

Analysts on average had expected the company to earn $1.29 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 46.5% to $8.29 billion from $5.66 billion last year.

NVIDIA Corporation earnings at a glance (GAAP) :

-Earnings (Q1): $1.62 Bln. vs. $1.91 Bln. last year.
-EPS (Q1): $0.64 vs. $0.76 last year.
-Analyst Estimates: $1.29
-Revenue (Q1): $8.29 Bln vs. $5.66 Bln last year.

DXC Technology Company Q4 Earnings Summary

Below are the earnings highlights for DXC Technology Company (DXC):

Earnings: $530 million in Q4 vs. -$798 million in the same period last year.
EPS: $2.14 in Q4 vs. -$3.14 in the same period last year.
Excluding items, DXC Technology Company reported adjusted earnings of $209 million or $0.84 per share for the period.

Analysts projected $0.99 per share
Revenue: $4.01 billion in Q4 vs. $4.39 billion in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.80 – $0.85
Next quarter revenue guidance: $3,700 – $3,750 Mln

Avalanche vs. Blues live blog: Real-time updates from Game 5 of the Stanley Cup Playoffs second-round series – The Denver Post

Live updates, tweets, photos, analysis and more from the Colorado Avalanche game against the St. Louis Blues at Ball Arena in Denver on May 25, 2022.

Mobile users, if you can’t see the live blog, tap here.

America New York Ri Wang Food Recalls RTE Pork Sausage Products

America New York Ri Wang Food Group Co., Ltd. is recalling around 14,635 pounds of ready-to-eat or RTE pork sausage products due to possible contamination with extraneous materials, specifically metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS said.

The recall involves RTE sausage sticks and luncheon loaf products that were produced on various dates from April 5, 2022 to May 5, 2022.

The products subject to recall include 16-oz. plastic bags containing one luncheon loaf with a “Use/Refreeze by NOV. 11, 2022” date and lot numbers of 422094 and 422110; 23-oz. plastic bags containing 10 sausage sticks with a “Use/Refreeze by NOV. 13, 2022” date and lot numbers of 422094, 422102, 422112, 422116, 522122 and 522124; and 10-oz. plastic bags containing four sausage sticks with a “Use/Refreeze by NOV. 13, 2022” date and lot numbers of 422094, 422102, 422112, 422116, 422119, 522122 and 522123.

The products subject to recall bear establishment number “EST. 40200A” inside the USDA mark of inspection. These items were shipped to retail locations nationwide.

The recall was initiated after the Bay Shore, New York-based company received a consumer complaint reporting they found two metal pieces embedded in the sausage stick.

However, there have been no confirmed reports of injuries or adverse reactions due to consumption of these products.

Consumers are urged to throw the products away or return to the place of purchase.

Hyundai Recalls 239,000 Cars Due To Exploding Seat Belts

South Korean auto maker Hyundai is recalling 239,000 vehicles to fix a issue with seat belts that have the potential to explode and injure passengers.

According to NHTSA, Hyundai Motor America is recalling certain 2019-2022 Accent, 2021-2023 Elantra, and 2021-2022 Elantra HEV vehicles. The vehicles have been recalled because in the event of a crash, the front driver-side and/or passenger-side seat belt pretensioners may explode upon deployment and result in an injury.

Three injuries have been reported as a result, with two in the U.S. and one in Singapore, according to CBS News.

If an affected vehicle is on the recall list, the owners will receive notification of the recall by first class mail by July 15. They can go to a dealership to get the seat belt pretensioners fit with a cap at no charge.

Hyundai owners who fall outside a Hyundai warranty are also eligible for repairs if they fall under the recall.

Australia's Westpac to merge pension funds with Mercer and sell advisory business

(Reuters) – Australia’s Westpac Banking Corp said on Thursday it would merge its personal and corporate pension funds, BT, with the Mercer Super Trust, another pension fund.

Westpac will also sell its Advance Asset Management, a financial advisory business it owns, to Mercer, which manages the Mercer Super Trust.

Nathan MacKinnon scores first goal of series in Game 5 against Blues

Nathan MacKinnon scored his first goal of the Avalanche-Blues series in the first period of Game 5 at Ball Arena.

The goal came at 16:09 and was the sixth goal of the postseason for MacKinnon.

The wrist shot from MacKinnon was deflected by the defender but still had enough juice to hit the back of the net.

Avalanche captain Gabe Landeskog scores against Blues in Game 5

Avalanche captain Gabe Landeskog joined Nathan MacKinnon on the score sheet after getting one of his own in the second period.

Landeskog scored at the 15:58 mark in front of the net on a deflected shot from Devon Toews following a faceoff.

MacKinnon also tallied his third point of the night on the play. He is up to 81 career points in the playoffs.