Overnight:
Alphabet (GOOG) discloses on its site proposed $80 bln equity capital raise to expand AI infrastructure and compute; Includes agreement by Berkshire Hathaway to invest $10 bln in company in private placement…GOOG -2.3%
Array Digital Infrastructure (AD) declares $11/sh special dividend as it closes on sale of licenses for $1 bln with Verizon…AD +0.4%
Manhattan Assoc (MANH) discloses plans to reduce its global headcount by approximately 6%; reaffirms FY26 guidance…MANH -1.9%
Microchip (MCHP) provides additional information regarding its Data Center Solutions Business Unit; Expecting revenue of $500 mln in CY26 for the unit…MCHP +8.1%
Penguin Solutions (PENG) CFO Nate Olmstead will step down on July 8; reaffirms FY26 guidance, but now expects FY26 results will be at high end of prior guidance…PENG +5.4%
Repay Holdings (RPAY) completes acquisition of KUBRA; updates FY26 guidance…RPAY +0.3%