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Broadcom (AVGO.O) after-hours decline widened to 12%.
2026-06-04
Broadcom (AVGO.O) after-hours decline widened to 12%.
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2026-06-03
Alphabet (GOOG.O) increased its equity financing program to $84.75 bln from $80 bln to fund AI spending. It priced 25.5 mln Class A shares at $355.20 and 25.5 mln Class C shares at $351.80; the Class A/C tranche was raised to $18 bln from $15 bln. It
Alphabet (GOOG.O) increased its equity financing program to $84.75 bln from $80 bln to fund AI spending. It priced 25.5 mln Class A shares at $355.20 and 25.5 mln Class C shares at $351.80; the Class A/C tranche was raised to $18 bln from $15 bln. It priced 167.5 mln Series A depositary shares and an equal number of Series B depositary shares at $50.00 each; the depositary tranche was raised to $16.75 bln from $15 bln. Alphabet estimates net proceeds of about $17.8 bln from the Class A/C offering and about $16.6 bln from the depositary offering. Proceeds will be used for general corporate purposes, including capex to expand AI infrastructure and global compute capacity. Class A/C issuance expected to close Thursday; depositary issuance expected to close Friday.
2026-06-03
Eli Lilly (LLY.N) CEO says the company will halt its planned €2.3 bln investment in Germany.
Eli Lilly (LLY.N) CEO says the company will halt its planned €2.3 bln investment in Germany.
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