Bank of America Corp DE bought a new position in shares of Penguin Solutions, Inc. (NASDAQ:PENG - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 115,474 shares of the company

Penguin Solutions (NASDAQ:PENG) Shares Climb 4.2% - Here

A number of stocks jumped in the afternoon session after investors extended a multi-day rally driven by rising compute demand for agentic artificial intelligence following the rollout of Meta Platforms

A number of stocks fell in the afternoon session after the 10-year Treasury yield climbed to 5.14% following strong September business activity data that raised expectations for tighter Federal Reserve interest rate policy.

A number of stocks fell in the morning session after benchmark 10-year U.S. Treasury yields rose above 5.1%, renewing pressure on high-multiple technology valuations. The pullback follows a six-session climb that had lifted the Philadelphia Semiconductor Index by 14% since the start of the week, according to Nasdaq index data.

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A number of stocks jumped in the afternoon session after growing optimism surrounding agentic artificial intelligence and Meta Platforms

Celestica, Penguin Solutions, and ACM Research have all raised fiscal 2026 guidance yet trade at least 20% below recent highs, offering compressed valuations ahead of upcoming earnings reports.