E-Learning

Why Is Penguin Solutions Stock Gaining Today?

Penguin Solutions, Inc. (NASDAQ:PENG) shares are trading higher in the premarket session on Friday. On Thursday, the company revealed a strategic collaboration with SK Telecom and SK hynix. The partnership, signed during CES 2025 in Las Vegas, focuses on developing AI data center solutions. The companies plan to leverage their combined strengths to enhance research, development, and market efforts in AI-computing technologies. This collaboration comes after SKT’s recent $200 million strategic in

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Beer Maker Constellation Brands' Q3 Sales Hit By Subdued Spending; Stock Slides

Constellation Brands Inc (NYSE:STZ) shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion. Net sales for the Beer segment increased 3% Y/Y to $2.03 billion, and Wine and Spirits declined 14% to $431.4 million. Shipment volume for Beer climbed 1.6%, while Wine and Spirits declined 16.4%. Gross profit increased 1% to $1.28 billion, and the operating income slid 0.4% to $793 million. The operatin

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Walgreens Boots Alliance Stock Jumps On Better Than Expected Q1 Earnings, Sticks To Annual Profit Forecast

On Friday, Walgreens Boots Alliance Inc (NASDAQ: WBA) reported first-quarter sales of $39.46 billion, up 7.5% year over year (+6.9% on constant currency), beating the consensus of $37.28 billion, reflecting sales growth across all segments. Adjusted operating income was $593 million compared to adjusted operating income of $687 million in the year-ago quarter, reflecting lower U.S. retail sales and lapping prior year sale-leaseback gains, partly offset by cost savings initiatives and growth in t

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