http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 23 Jul 2026 16:21:00 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Clark+Joseph+Gates/26808395.html si-local-file:///var/storage/secattach/20260723/26808395.html http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Clark+Joseph+Gates/26808395.html Thu, 23 Jul 2026 16:21:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Clark+Joseph+Gates/26808395.html si-local-file:///var/storage/secattach/20260723/26808395.html http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Clark+Joseph+Gates/26808395.html Thu, 23 Jul 2026 16:21:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Kuykendall+Anne/26802865.html si-local-file:///var/storage/secattach/20260722/26802865.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Kuykendall+Anne/26802865.html Wed, 22 Jul 2026 18:41:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Kuykendall+Anne/26802865.html si-local-file:///var/storage/secattach/20260722/26802865.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Kuykendall+Anne/26802865.html Wed, 22 Jul 2026 18:41:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Johnson+Aaron+Michael/26802863.html si-local-file:///var/storage/secattach/20260722/26802863.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Johnson+Aaron+Michael/26802863.html Wed, 22 Jul 2026 18:38:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Johnson+Aaron+Michael/26802863.html si-local-file:///var/storage/secattach/20260722/26802863.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Johnson+Aaron+Michael/26802863.html Wed, 22 Jul 2026 18:38:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Frey+Anthony+George/26802859.html si-local-file:///var/storage/secattach/20260722/26802859.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Frey+Anthony+George/26802859.html Wed, 22 Jul 2026 18:33:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Frey+Anthony+George/26802859.html si-local-file:///var/storage/secattach/20260722/26802859.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Frey+Anthony+George/26802859.html Wed, 22 Jul 2026 18:33:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Clark+Joseph+Gates/26802855.html si-local-file:///var/storage/secattach/20260722/26802855.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Clark+Joseph+Gates/26802855.html Wed, 22 Jul 2026 18:31:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Clark+Joseph+Gates/26802855.html si-local-file:///var/storage/secattach/20260722/26802855.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+20++Filed+by%3A+Clark+Joseph+Gates/26802855.html Wed, 22 Jul 2026 18:31:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Kuykendall+Anne/26802069.html si-local-file:///var/storage/secattach/20260722/26802069.html http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Kuykendall+Anne/26802069.html Wed, 22 Jul 2026 16:29:00 -0400 O.76453436 PENG http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Kuykendall+Anne/26802069.html si-local-file:///var/storage/secattach/20260722/26802069.html http://www.streetinsider.com/SEC+Filings/Form++144++++++++Penguin+Solutions%2C+Inc.++++++++++++++++Filed+by%3A+Kuykendall+Anne/26802069.html Wed, 22 Jul 2026 16:29:00 -0400 O.76453436 PENG http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/Investing/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html <p>Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.</p> <p data-start="489" data-end="908">The brokerage upgraded Lumentum to Overweight from Equal Weight, citing improving confidence in demand for AI networking components and stronger earnings potential. It also reiterated Overweight on Credo Technology and maintained Equal Weight on Astera Labs despite raising its price target, reflecting expectations that AI spending will remain a key growth driver.</p> <p data-start="489" data-end="908"></p> <p data-start="910" data-end="1367">The http://www.streetinsider.com/General+News/Barclays+upgrades+Lumentum%2C+cuts+Allegro%2C+Penguin+before+chip+earnings/26787587.html Mon, 20 Jul 2026 08:40:08 -0400 ALGM LITE PENG http://www.streetinsider.com/Downgrades/Barclays+Downgrades+Penguin+Solutions+%28PENG%29+to+Underweight/26786012.html <p>Barclays analyst Tom O'Malley downgraded Penguin Solutions (NASDAQ: PENG) from Equalweight to Underweight with a price target of $40.00.</p> <p>For an analyst ratings summary and ratings history on Penguin Solutions <a href="http://www.streetinsider.com/rating_history.php?q=PENG">click here</a>. For more ratings news on Penguin Solutions <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PENG&amp;type=analyst">click here</a>.</p> <p>Shares of Penguin Solutions closed at $60.41 yesterday.</p> http://www.streetinsider.com/Downgrades/Barclays+Downgrades+Penguin+Solutions+%28PENG%29+to+Underweight/26786012.html Mon, 20 Jul 2026 03:12:11 -0400 PENG http://www.streetinsider.com/Corporate+News/Penguin+Solutions+closes+%24750M+convertible+notes+offering+due+2031/26785128.html <p>Penguin Solutions, Inc. (Nasdaq: PENG) has closed a private offering of $750.0 million in aggregate principal amount of 0.00% convertible senior notes due August 1, 2031, according to a company statement.</p><p>The total includes $100.0 million issued following the full exercise of an option by the initial purchasers, reflecting demand that exceeded the initial offering size. The notes were sold to qualified institutional buyers under Rule 144A and will not bear regular interest or accrete principal.</p><p>The company entered into capped call transactions in connection with the offering. With those in place, Penguin Solutions said it anticipates no net dilution from the http://www.streetinsider.com/Corporate+News/Penguin+Solutions+closes+%24750M+convertible+notes+offering+due+2031/26785128.html Fri, 17 Jul 2026 17:13:01 -0400 PENG http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html si-local-file:///var/storage/secattach/20260717/26785130.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html Fri, 17 Jul 2026 17:13:00 -0400 O.76453436 PENG SGH http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html si-local-file:///var/storage/secattach/20260717/26785130.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html Fri, 17 Jul 2026 17:13:00 -0400 O.76453436 PENG SGH http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html si-local-file:///var/storage/secattach/20260717/26785130.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Penguin+Solutions%2C+Inc.+++For%3A+Jul+13/26785130.html Fri, 17 Jul 2026 17:13:00 -0400 O.76453436 PENG SGH http://www.streetinsider.com/Press+Releases/Penguin+Solutions+Announces+Closing+of+Oversubscribed+Convertible+Notes+Offering/26785059.html <ul class="bwlistdisc"> <li> <b>$750 million convertible senior notes; 0.00% coupon; 50.0% conversion premium</b> </li> <li> <b>Strong investor demand supported the initial purchasers’ full exercise of their $100 million option</b> </li> <li> <b>Refinancing enhances capital structure, extends debt maturities, and reduces interest expense</b> </li> <li> <b>With the capped calls, Penguin anticipates no net dilution from the Notes until Penguin’s share price exceeds approximately $175.05 per share, or an approximately 125% increase above Penguin’s closing price at pricing</b> </li> </ul> <p> FREMONT, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc., the AI Factory Platform Company (“Penguin,” “we” or the “Company”) (Nasdaq: PENG), today announced that it has closed its previously announced private offering of $750.0 million aggregate http://www.streetinsider.com/Press+Releases/Penguin+Solutions+Announces+Closing+of+Oversubscribed+Convertible+Notes+Offering/26785059.html Fri, 17 Jul 2026 17:05:00 -0400 O.76453436 PENG http://www.streetinsider.com/Press+Releases/Penguin+Solutions+Announces+Closing+of+Oversubscribed+Convertible+Notes+Offering/26785059.html <ul class="bwlistdisc"> <li> <b>$750 million convertible senior notes; 0.00% coupon; 50.0% conversion premium</b> </li> <li> <b>Strong investor demand supported the initial purchasers’ full exercise of their $100 million option</b> </li> <li> <b>Refinancing enhances capital structure, extends debt maturities, and reduces interest expense</b> </li> <li> <b>With the capped calls, Penguin anticipates no net dilution from the Notes until Penguin’s share price exceeds approximately $175.05 per share, or an approximately 125% increase above Penguin’s closing price at pricing</b> </li> </ul> <p> FREMONT, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc., the AI Factory Platform Company (“Penguin,” “we” or the “Company”) (Nasdaq: PENG), today announced that it has closed its previously announced private offering of $750.0 million aggregate http://www.streetinsider.com/Press+Releases/Penguin+Solutions+Announces+Closing+of+Oversubscribed+Convertible+Notes+Offering/26785059.html Fri, 17 Jul 2026 17:05:00 -0400 O.76453436 PENG