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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

Synthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode.

Stablecoin developer Usual introduced a major update to its USD0++ protocol on Jan. 9, unveiling dual exit mechanisms aimed at enhancing the token's long-term sustainability.

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

Why DELL and DB could deliver profits this year

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

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business. Walgreens said Friday that higher costs from that plan were the main factor behind its quarterly loss. The chain has already shed about a thousand U.S. stores since it grew to nearly 9,500 after buying some Rite Aid locations in 2018.

The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing once again the resilience of the U.S. economy. Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics. US Labor Market Defies Gravity, Unemployment Rate Falls The December payroll figure released Friday by the Bureau of Labor Statistics s

(Bloomberg) -- Centrica Plc says that the UK’s gas reserves are at “concerningly low” levels as freezing temperatures grip the country, boosting demand for heating.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The owner of British Gas said

Nvidia is selling off. What's your plan of action?