Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday’s close; the offering is oversubscribed (Anthony Hughes/Bloomberg)

Anthony Hughes / Bloomberg:
Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday’s close; the offering is oversubscribed  —  Western Digital Corp. is seeking to raise…

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Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours (Elias Schisgall/Wall Street Journal)

Elias Schisgall / Wall Street Journal:
Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours  —  The company’s jump in quarterly profit was…

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