Civeo (CVEO) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -35.50%. A quarter ago, it was expected that this provider of remote-site workforce housing would post earnings of $0...
Civeo (CVEO) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -35.50%. A quarter ago, it was expected that this provider of remote-site workforce housing would post earnings of $0.2 per share when it actually produced a loss of $0.04, delivering a surprise of -120%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Civeo, which belongs to the Zacks Hotels and Motels industry, posted revenues of $161.62 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 5.25%. This compares to year-ago revenues of $150.95 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Civeo shares have added about 21.6% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for Civeo? While Civeo has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this...
koyu/iStock via Getty Images Unity Software ( U ) was in focus on Tuesday as Bank of America upgraded the software company, citing its valuation. Shares fell 2% in premarket trading. “We upgrade Unity to Neutral from Underperform as the balance of risk has improved,” analyst Omar Dessousky wrote in a note to clients. “The weaker-than-expected 1Q guide has likely deflated buyside’s CY26 estimates, ...
koyu/iStock via Getty Images Unity Software ( U ) was in focus on Tuesday as Bank of America upgraded the software company, citing its valuation. Shares fell 2% in premarket trading. “We upgrade Unity to Neutral from Underperform as the balance of risk has improved,” analyst Omar Dessousky wrote in a note to clients. “The weaker-than-expected 1Q guide has likely deflated buyside’s CY26 estimates, reducing the risk of further cuts. Near term catalysts appear balanced: (1) Unity Engine’s technology roadmap, to be showcased at GDC (March 9–13), could give hope for a consumption- based revenue model, or an increased willingness to pay by long tail of non-paying users, (2) the long awaited use of run-time data to inform ad targeting, beginning in Q2, could also prove Unity Engine a valuable strategic asset. We would look for aggressive 2Q26 guidance to signal the beginning of a sustained Grow Segment acceleration. At 16x Street CY26E EBITDA, valuation is near historical low, making further de-rating less likely.” Dessousky has a $19 price target on Unity. More on Unity Software Unity: A Meltdown Worth Buying - Robust GameDev/AdTech Monetization Prospects Unity: The Market Is Right, This Is Still A Sell Unity Software Inc. (U) Q4 2025 Earnings Call Transcript Unity Software reviewing options for its China business - report Unity targets $1B+ annual run rate for Vector by end of 2026 as advertising and AI initiatives accelerate
Bruce Bennett/Getty Images News Bank of America ( BAC ) will redeem on March 18, 2026 all JPY 27.8B principal amount outstanding of its 0.534% Fixed/Floating Rate Senior Notes, due March 18, 2027. The notes were issued under the Bank of America Corporation U.S. $65B Euro Medium-Term Note Program. The redemption price will be equal to the optional redemption amount of JPY 100M per JPY 100M calculat...
Bruce Bennett/Getty Images News Bank of America ( BAC ) will redeem on March 18, 2026 all JPY 27.8B principal amount outstanding of its 0.534% Fixed/Floating Rate Senior Notes, due March 18, 2027. The notes were issued under the Bank of America Corporation U.S. $65B Euro Medium-Term Note Program. The redemption price will be equal to the optional redemption amount of JPY 100M per JPY 100M calculation amount, plus accrued and unpaid interest to, but excluding, the redemption date. Interest on the notes will cease to accrue on the redemption date. More on Bank of America Bank of America N Or Q Preferred Shares: Q Is The Better Choice (Rating Upgrade) Bank Of America: It Doesn't Have To Be An Or/Or Story Bank of America Corporation (BAC) Presents at Bank of America Financial Services Conference 2026 Transcript Trump administration explores requiring banks to collect citizenship data - report What they're saying about an AI bubble impacting credit markets
(RTTNews) - Discount retailer Target Corp. (TGT) reported Tuesday that net earnings for the fourth quarter decreased to $1.05 billion or $2.30 per share from $1.10 billion or $2.41 in the year-ago quarter. Excluding items, adjusted earnings for the quarter was $2.44 per share, compared to $2.41 per share in the year-ago quarter. Net sales for the quarter declined 1.5 percent to $30.45 billion from...
(RTTNews) - Discount retailer Target Corp. (TGT) reported Tuesday that net earnings for the fourth quarter decreased to $1.05 billion or $2.30 per share from $1.10 billion or $2.41 in the year-ago quarter. Excluding items, adjusted earnings for the quarter was $2.44 per share, compared to $2.41 per share in the year-ago quarter. Net sales for the quarter declined 1.5 percent to $30.45 billion from $30.92 billion in the same quarter last year. Total comparable sales decreased 2.5 percent in the quarter. In Tuesday's pre-market trading, TGT is trading on the NYSE at $70.47, up $8.88 or 14.42 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Plug Power Inc.(PLUG) said on Tuesday that Jose Luis Crespo has assumed the role of Chief Executive Officer on March 2. Crespo has succeeded CEO Andy Marsh, who has transitioned to the role of Chairman of Plug's Board, consistent with the leadership transition plan announced last year. Crespo brings over 12 years of leadership experience at Plug, most recently as President and Chief Re...
(RTTNews) - Plug Power Inc.(PLUG) said on Tuesday that Jose Luis Crespo has assumed the role of Chief Executive Officer on March 2. Crespo has succeeded CEO Andy Marsh, who has transitioned to the role of Chairman of Plug's Board, consistent with the leadership transition plan announced last year. Crespo brings over 12 years of leadership experience at Plug, most recently as President and Chief Revenue Officer. Looking ahead, as announced earlier, the company aims to achieve positive EBITDAS by the end of 2026, positive operating income by the end of 2027, and full profitability by the end of 2028. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - HCI Group, Inc. (HCI, HCIIP), a healthcare IT consulting and technology solutions company, on Tuesday announced that its board authorized a share repurchase program of up to $80 million. The program will run for one year and does not obligate the company to repurchase a specific number of shares. The company said that the timing and amount of purchases will depend on market and busines...
(RTTNews) - HCI Group, Inc. (HCI, HCIIP), a healthcare IT consulting and technology solutions company, on Tuesday announced that its board authorized a share repurchase program of up to $80 million. The program will run for one year and does not obligate the company to repurchase a specific number of shares. The company said that the timing and amount of purchases will depend on market and business conditions and may be suspended or terminated at any time. In the pre-market trading, HCI Group is 2.02% higher at $177.27 on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SOPHiA Genetics press release ( SOPH ): Q4 GAAP EPS of -$0.28 misses by $0.02 . Revenue of $21.7M (+22.4% Y/Y) beats by $0.81M . More on SOPHiA Genetics Seeking Alpha’s Quant Rating on SOPHiA Genetics Historical earnings data for SOPHiA Genetics Financial information for SOPHiA Genetics
SOPHiA Genetics press release ( SOPH ): Q4 GAAP EPS of -$0.28 misses by $0.02 . Revenue of $21.7M (+22.4% Y/Y) beats by $0.81M . More on SOPHiA Genetics Seeking Alpha’s Quant Rating on SOPHiA Genetics Historical earnings data for SOPHiA Genetics Financial information for SOPHiA Genetics
When you're working and you start to hear rumblings of a recession, it's natural to get pretty nervous. Recessions and job loss tend to go hand in hand, so it's common to feel jittery about the idea of an economic downturn. If you're retired, losing your job isn't necessarily something you have to worry about. But when the economy takes a tumble, the stock market can follow suit. And that's where ...
When you're working and you start to hear rumblings of a recession, it's natural to get pretty nervous. Recessions and job loss tend to go hand in hand, so it's common to feel jittery about the idea of an economic downturn. If you're retired, losing your job isn't necessarily something you have to worry about. But when the economy takes a tumble, the stock market can follow suit. And that's where your finances may be impacted. So if you're worried that a recession may not be too far off, here are some key moves to make. 1. Boost your cash reserves During retirement, you're likely living off of your IRA or 401(k), at least to some degree. If a recession hits and the stock market takes a dive, your best bet is to be able to leave your investments alone until the market recovers. And to do that, you need to have ample cash reserves. To that end, it's wise to aim for one to two years' worth of living costs in cash so you're not forced to sell investments when they're down. The good news is that savings account and CD rates are still decent, so you should be able to earn a modest return on your cash. If you don't have at least a year's worth of bills in cash, you may want to sell some investments while their value is up. 2. Make sure your portfolio is well balanced Your asset mix is an important thing to pay attention to once you're retired -- especially if you're worried about a recession. Make sure you're not overloaded with stocks if you expect a recession to happen in the near term. This doesn't mean you have to dump stocks completely. But you may want to swap some volatile growth stocks with more stable dividend stocks. But remember, if you're making portfolio changes, the key is to do so before a recession happens, not after. 3. Identify costs to reduce -- and make your peace with them If a recession happens, you may need to reduce your retirement spending on a temporary basis until things stabilize. It's a good idea to think about what that might look like ahead o...
Key Points Boosting cash reserves is key. Rebalancing could protect your portfolio. Examining your spending could make the tough choices easier. The $23,760 Social Security bonus most retirees completely overlook › When you're working and you start to hear rumblings of a recession, it's natural to get pretty nervous. Recessions and job loss tend to go hand in hand, so it's common to feel jittery a...
Key Points Boosting cash reserves is key. Rebalancing could protect your portfolio. Examining your spending could make the tough choices easier. The $23,760 Social Security bonus most retirees completely overlook › When you're working and you start to hear rumblings of a recession, it's natural to get pretty nervous. Recessions and job loss tend to go hand in hand, so it's common to feel jittery about the idea of an economic downturn. If you're retired, losing your job isn't necessarily something you have to worry about. But when the economy takes a tumble, the stock market can follow suit. And that's where your finances may be impacted. So if you're worried that a recession may not be too far off, here are some key moves to make. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Boost your cash reserves During retirement, you're likely living off of your IRA or 401(k), at least to some degree. If a recession hits and the stock market takes a dive, your best bet is to be able to leave your investments alone until the market recovers. And to do that, you need to have ample cash reserves. To that end, it's wise to aim for one to two years' worth of living costs in cash so you're not forced to sell investments when they're down. The good news is that savings account and CD rates are still decent, so you should be able to earn a modest return on your cash. If you don't have at least a year's worth of bills in cash, you may want to sell some investments while their value is up. 2. Make sure your portfolio is well balanced Your asset mix is an important thing to pay attention to once you're retired -- especially if you're worried about a recession. Make sure you're not overloaded with stocks if you expect a recession to happen in the near term. This doesn't mean you have to dump stocks completely. But ...
Alan Cumming has joined the chorus of disapproval at the BBC’s failure to edit out a racial slur from their Baftas telecast, saying it turned “what should have been an evening celebrating diversity and inclusion into a trauma-triggering shitshow”. Before the live event, Cumming warned the audience that disturbances might occur on account of the involuntary tics of Tourette syndrome activist John D...
Alan Cumming has joined the chorus of disapproval at the BBC’s failure to edit out a racial slur from their Baftas telecast, saying it turned “what should have been an evening celebrating diversity and inclusion into a trauma-triggering shitshow”. Before the live event, Cumming warned the audience that disturbances might occur on account of the involuntary tics of Tourette syndrome activist John Davidson, whose life was the basis for multi-award-winning I Swear, and asked for their understanding. During the ceremony, Davidson shouted “paedo” after Cumming’s joke about his sexuality, yelled “shut the fuck up” during an address by Bafta chair Sara Putt, and was heard to say the N-word as Sinners actors Michael B Jordan and Delroy Lindo took to the stage. Later in the ceremony, Cumming apologised for offence caused and thanked the audience for their understanding. While some of Davidson’s tics were removed from the TV broadcast two hours later, one of the racial slurs was not, despite ample time for an edit, and other controversial moments being removed, including Akinola Davies Jr’s cry of “Free Palestine” at the end of his speech. Writing on Instagram, Cumming said: “It’s now a week since I hosted the Baftas. What should have been an evening celebrating creativity as well as diversity and inclusion turned into a trauma-triggering shitshow. “I’m so sorry for all the pain Black people have felt hearing that word echoed round the world. I’m so sorry the [Tourette’s] community has been reminded of the lack of understanding and tolerance that abounds regarding their condition.” He added: “We were all let down by decisions made to both broadcast slurs and censor free speech.” Cumming’s criticism of the broadcaster follows that of Davidson and I Swear production company StudioCanal, both of whom say they were assured the broadcaster would cut all swearing from the live broadcast. Sinners studio Warner Bros also said it was assured by Bafta that the N-word would be removed f...
gguy44/iStock via Getty Images Amazon ( AMZN ) is one of my favorite businesses ever created and I often remind myself of the famous quote from Jeff Bezos. It essentially meant that in Amazon, they don't think what's going to change in ten years from now (like most people try to do). They focus on things that are not going to change, which I find much more reasonable. We'd all like to enjoy reason...
gguy44/iStock via Getty Images Amazon ( AMZN ) is one of my favorite businesses ever created and I often remind myself of the famous quote from Jeff Bezos. It essentially meant that in Amazon, they don't think what's going to change in ten years from now (like most people try to do). They focus on things that are not going to change, which I find much more reasonable. We'd all like to enjoy reasonable prices, convenient shopping experience, and fast deliveries. And that's just the marketplace side of AMZN's business. At this point, I'm even more impressed by its cloud business. Yes, I realize that the market is very much concerned with AMZN's CAPEX, but I will explain to you why I don't feel the same way. On the contrary, I'm enthusiastic about AMZN's intensive investment volume, but I will get to that later. I decided to prepare this follow-up coverage to address these fears, discuss the latest financial results and comment on the most important thing that happened during the last couple of weeks. A drastic valuation drop, which in my view created a great buying opportunity with AMZN. I will state this right from the get-go: I bought more shares. Since I published my last article about Amazon , the stock price has dropped by over 17%. I'm not concerned with that. I consider this a short-term noise, which only provides us with more opportunities to buy more shares. Of course, first I took a look at what caused the recent sell-off, but my conclusions led me to increasing my position in AMZN. Seeking Alpha I see that AMZN's year-to-date performance wasn't too bad until the publication of its financial results. The stock price has changed by over 12% over the last month, I see that the drop was related to AMZN's earnings report. Data by YCharts Amazon Is Too Cheap To Miss Out On I considered Amazon undervalued the last time I covered it and several times before. I still do. In fact, I think it's even more undervalued now given the recent sell-off. Data by YCharts I see...
gguy44/iStock via Getty Images Amazon ( AMZN ) is one of my favorite businesses ever created and I often remind myself of the famous quote from Jeff Bezos. It essentially meant that in Amazon, they don't think what's going to change in ten years from now (like most people try to do). They focus on things that are not going to change, which I find much more reasonable. We'd all like to enjoy reason...
gguy44/iStock via Getty Images Amazon ( AMZN ) is one of my favorite businesses ever created and I often remind myself of the famous quote from Jeff Bezos. It essentially meant that in Amazon, they don't think what's going to change in ten years from now (like most people try to do). They focus on things that are not going to change, which I find much more reasonable. We'd all like to enjoy reasonable prices, convenient shopping experience, and fast deliveries. And that's just the marketplace side of AMZN's business. At this point, I'm even more impressed by its cloud business. Yes, I realize that the market is very much concerned with AMZN's CAPEX, but I will explain to you why I don't feel the same way. On the contrary, I'm enthusiastic about AMZN's intensive investment volume, but I will get to that later. I decided to prepare this follow-up coverage to address these fears, discuss the latest financial results and comment on the most important thing that happened during the last couple of weeks. A drastic valuation drop, which in my view created a great buying opportunity with AMZN. I will state this right from the get-go: I bought more shares. Since I published my last article about Amazon , the stock price has dropped by over 17%. I'm not concerned with that. I consider this a short-term noise, which only provides us with more opportunities to buy more shares. Of course, first I took a look at what caused the recent sell-off, but my conclusions led me to increasing my position in AMZN. Seeking Alpha I see that AMZN's year-to-date performance wasn't too bad until the publication of its financial results. The stock price has changed by over 12% over the last month, I see that the drop was related to AMZN's earnings report. Data by YCharts Amazon Is Too Cheap To Miss Out On I considered Amazon undervalued the last time I covered it and several times before. I still do. In fact, I think it's even more undervalued now given the recent sell-off. Data by YCharts I see...
Utilita Arena, Cardiff Byrne once again reimagines the possibilities of the live gig, creating a vision of egalitarianism backed by elastic bass and polyrhythms ‘And as things fell apart / Nobody paid much attention,” David Byrne sings with a gentle shake of his head during (Nothing But) Flowers, Talking Heads’ hymn to human complacency and self-interest. That line had teeth back in 1988. In 2026,...
Utilita Arena, Cardiff Byrne once again reimagines the possibilities of the live gig, creating a vision of egalitarianism backed by elastic bass and polyrhythms ‘And as things fell apart / Nobody paid much attention,” David Byrne sings with a gentle shake of his head during (Nothing But) Flowers, Talking Heads’ hymn to human complacency and self-interest. That line had teeth back in 1988. In 2026, it’ll take your hand off as soon as look at you. But Byrne doesn’t oversell it. His latest spectacle isn’t a telling-off; it’s a reminder of what happiness felt like, of what joy in movement feels like. Surrounded by a large ensemble in matching blue suits – dancers who sing, percussionists who dance, guitarists who also shred on a violin – he continues his career-long obsession with blurring the line between live show and theatrical art-piece. At the rear of the stage, a series of huge concave screens are a continual source of wonder. Alongside Strange Overtones, the sun sets on a cityscape presented in deep focus, details popping into the distance, while a pogoing Byrne, picked out in blue against saturated orange during Once in a Lifetime, offers a thrilling punk jolt amid a meticulously planned whole. Continue reading...
stockcam Pinterest ( PINS ) on Tuesday announced that affiliates of Elliott Investment Management are investing $1 billion in the image-sharing platform, sending shares up 7% in early trading. Pinterest expects to use the proceeds from Elliott’s investment to repurchase shares of its Class A common stock via a $1 billion accelerated share repurchase agreement. The ASR and future share repurchases ...
stockcam Pinterest ( PINS ) on Tuesday announced that affiliates of Elliott Investment Management are investing $1 billion in the image-sharing platform, sending shares up 7% in early trading. Pinterest expects to use the proceeds from Elliott’s investment to repurchase shares of its Class A common stock via a $1 billion accelerated share repurchase agreement. The ASR and future share repurchases will be conducted under a new $3.5 billion share repurchase program authorized by Pinterest’s Board of Directors, effective today. In addition to the ASR, Pinterest intends to repurchase up to an additional $500 million in shares from cash on hand pursuant to a 10b5-1 trading plan. In total, the $1 billion ASR, the intended $500 million of additional repurchases, and the $473 million of repurchases completed year‑to‑date represent approximately $2 billion of aggregate share repurchases expected in the first half of 2026, the company said . More on Pinterest Three Reasons To Own Pinterest, Despite The Headwinds (Rating Upgrade) Pinterest: The Market Has Lost Its Mind, 25% Net Cash, Big Buybacks Pinterest, Inc. (PINS) Q4 2025 Earnings Call Transcript Quant check on Eminence Capital's top Q4 holdings: AMZN, GTLB, AMD, LPX BofA breaks down performance metrics for top social media platforms
U.S. evacuates diplomats from Middle East. And, what to expect from N.C., Texas primaries Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories The U.S. has evacuated diplomats across the Middle East and shut down some embassies today as the war with...
U.S. evacuates diplomats from Middle East. And, what to expect from N.C., Texas primaries Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories The U.S. has evacuated diplomats across the Middle East and shut down some embassies today as the war with Iran enters its fourth day. The U.S. is telling citizens to evacuate more than a dozen countries. Limited flights out of the Middle East resumed yesterday, but hundreds of thousands of travelers remain stranded at aviation hubs in the region. Israeli warplanes are striking Tehran in Iran and Beirut in Lebanon. Meanwhile, Iranian drones hit the U.S. Embassy in Saudi Arabia. At least six U.S. service members have died in action. Trump said his administration expects the conflict to go on for "four to five weeks, but we have the capability to go far longer than that." The Iranian Red Crescent Society reports at least 555 Iranians have been killed since the joint U.S.-Israeli military campaign began on Saturday. toggle caption Majid Saeedi/Getty Images 🎧 Today, the Israeli military said it is prepared for weeks of war. An official in the region, speaking anonymously, tells NPR's Daniel Estrin that Israel believes it can achieve its war goals in just two weeks. But Estrin says there are mixed messages about those goals. Yesterday, Prime Minister Benjamin Netanyahu told Fox News that regime change is the objective. In contrast, U.S. officials yesterday walked back the idea that this war was about regime change. An official in the region, speaking anonymously, tells NPR's Daniel Estrin that Israel believes it can achieve its war goals in just two weeks. But Estrin says there are mixed messages about those goals. Yesterday, Prime Minister Benjamin Netanyahu told Fox News that regime change is the objective. In contrast, U.S. officials yesterday walked back the idea that this war w...
In talks with his French counterpart Jean-Noel Barrot on Monday, Chinese Foreign Minister Wang Yi urged Paris to work with Beijing to promote de-escalation and safeguard “the basic norms of international relations”, according to China’s foreign ministry. “The international community must resist any violation of international law and reject double standards,” Wang said, adding that major powers sho...
In talks with his French counterpart Jean-Noel Barrot on Monday, Chinese Foreign Minister Wang Yi urged Paris to work with Beijing to promote de-escalation and safeguard “the basic norms of international relations”, according to China’s foreign ministry. “The international community must resist any violation of international law and reject double standards,” Wang said, adding that major powers should not rely on military superiority to launch attacks against other countries at will. Advertisement “The world must not return to the law of the jungle.” According to the ministry, Barrot said that as permanent members of the United Nations Security Council, France and China bore “special responsibilities” to safeguard international peace and security. Advertisement His office also said that France was neither informed of nor involved in the military operations. The two ministers agreed to work with Gulf countries towards de-escalation and to find a path to a political settlement.
The dollar headed for its biggest two-day rally in almost a year as the deepening war in Iran stoked inflation fears and spurred demand for havens. The Bloomberg Dollar Spot Index ’s 0.8% advance on Tuesday put it on track for its strongest back-to-back run since a rebound notched in April last year, when the initial panic over US President Donald Trump’s trade tariffs was easing. The 10-year Trea...
The dollar headed for its biggest two-day rally in almost a year as the deepening war in Iran stoked inflation fears and spurred demand for havens. The Bloomberg Dollar Spot Index ’s 0.8% advance on Tuesday put it on track for its strongest back-to-back run since a rebound notched in April last year, when the initial panic over US President Donald Trump’s trade tariffs was easing. The 10-year Treasury yield rose seven basis points to the highest in three weeks as traders dialed down expectations of interest-rate cuts. The widening conflict in the Middle East is lifting energy prices and boosting the greenback as inflation expectations spiral. Crude oil spiked above $85 a barrel for the first time since July 2024, while European natural gas prices surged more than 40% to the highest since 2023. Against that backdrop, traders are curbing expectations for Federal Reserve easing by year-end. Money markets price 37 basis points of Fed cuts this year, down from 60 basis points on Friday. Options markets echoed the dollar’s spot moves. Traders now need to pay to hedge against a broad rally in the dollar, a sharp contrast to just a few days ago when options pricing showed them historically undecided on where the currency would move next. Meanwhile, risk reversals — a barometer of market positioning — indicated dollar sentiment over a short time horizon hasn’t been this bullish since June. Most of the dollar’s Group-of-10 currency peers fell by 1% or more on Tuesday. Real-money accounts drove a sizable share of the spot flows, trimming recent long positions in the euro and the pound, according to traders familiar with the transactions who asked not to be identified because they aren’t authorized to speak publicly.