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Stock impact report

California has enough ventilators for now, coronavirus peak expected in May, Newsom says [Los Angeles Times (CA)]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Gov. Gavin Newsom on Monday announced that California was lending 50 0 state-owned ventilators to the Strategic National Stockpile to help New York and other COVID-19 hot spots facing shortages of the desperately needed medical devices. “We want to extend not only thoughts and prayers, but we’re also extending a hand of support with ventilators,” Newsom said during a press briefing Monday in Sacramento. Newsom said lending the critically needed ventilator s was possible because hospitals throughout California have procured thousands of devices in the last few weeks, increasing their total ventilator inventory from 7,587 to 11,036. Given that coronavirus cases are not expected to peak until May, under current estimates, California could afford to lend the medical devices to parts of the country where they are in seriously short supply, Newsom said. Newsom emphasizes that the ventilators are being lent to the Strategic National Stockpile on the condition that they will be returned if C Show less Read more
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