PM Images/DigitalVision via Getty Images The U.S. dollar ( DXY ) is on track to record its strongest monthly gain since 2024 in March, as escalating tensions surrounding the Iran war drove a sharp shift in global capital flows toward safe-haven assets. The rally reflects a classic risk-off response, with investors seeking liquidity and stability amid rising uncertainty. The conflict, involving Ira...
PM Images/DigitalVision via Getty Images The U.S. dollar ( DXY ) is on track to record its strongest monthly gain since 2024 in March, as escalating tensions surrounding the Iran war drove a sharp shift in global capital flows toward safe-haven assets. The rally reflects a classic risk-off response, with investors seeking liquidity and stability amid rising uncertainty. The conflict, involving Iran and key U.S. allies in the Middle East, has triggered concerns over energy supply disruptions, sending oil prices higher and complicating the global inflation outlook. In turn, this has reinforced demand for the dollar and strengthened its hold as a safe haven bet. Currency markets have reacted decisively. The euro and yen have weakened over the month, while several emerging market currencies have come under pressure, highlighting the scale of defensive positioning. The dollar’s strength has also been supported by shifting expectations around U.S. monetary policy, with investors reassessing the pace of potential rate cuts in light of renewed inflation risks tied to higher crude prices. While the trajectory of the conflict remains uncertain, March has reinforced one consistent pattern: in times of geopolitical upheaval, the dollar retains its dominance as the world’s primary financial refuge. At the time of writing, DXY was up 0.03% to $100.54. Here is a chart of DXY's one-month performance as compared to the SP500 Seeking Alpha More on U.S. Dollar Is The War Really Reaching Its End? Assets Bounce Despite Oil Rally - Market Check Is This A Major Market Top? Energy Shock, Rising Rates, And Weakening Internals Global Economy Faces Crossroads As Pentagon Preps Ground Assault Dollar edges higher on safe-haven demand amid Middle East tensions: Currency Recap US dollar emerges as primary safe haven as FX markets turn ‘very anxious’ – strategist
TD SYNNEX press release ( SNX ): Q1 Non-GAAP EPS of $4.73 beats by $1.42 . Revenue of $17.16B (+18.1% Y/Y) beats by $1.55B . Non-GAAP gross billings (1) of $25.8 billion, an increase of 24.4% year over year and significantly above the high end of our outlook. On a constant currency (1) basis, non-GAAP gross billings (1) increased by 19.9% year over year. Announced a quarterly cash dividend of $0.4...
TD SYNNEX press release ( SNX ): Q1 Non-GAAP EPS of $4.73 beats by $1.42 . Revenue of $17.16B (+18.1% Y/Y) beats by $1.55B . Non-GAAP gross billings (1) of $25.8 billion, an increase of 24.4% year over year and significantly above the high end of our outlook. On a constant currency (1) basis, non-GAAP gross billings (1) increased by 19.9% year over year. Announced a quarterly cash dividend of $0.48 per common share, up 9% year over year. Fiscal 2026 Second Quarter Outlook The following statements are based on TD SYNNEX’s current expectations for the fiscal 2026 second quarter. These statements are forward-looking and actual results may differ materially. Non-GAAP gross billings (1) include the impact of costs incurred and netted against revenue related to sales of third-party supplier service contracts, software as a service arrangements and certain fulfillment contracts, and the remaining non-GAAP financial measures exclude the impact of amortization of intangible assets, share-based compensation, and the related tax effects thereon. Q2 2026 Outlook Revenue $16.1 - $16.9 billion vs. consnesus of $ 15.84B Non-GAAP gross billings (1) $24.6 - $25.6 billion Net income $234 - $274 million Non-GAAP net income (1) $302 - $342 million Diluted earnings per share $2.90 - $3.40 Non-GAAP diluted earnings per share (1) $3.75 - $4.25 vs. consnesus of $3.45 Estimated outstanding diluted weighted average shares 79.8 million Click to enlarge More on TD SYNNEX TD SYNNEX: Undervalued With Strong Total Return Potential TD Synnex: Setup Remains Very Attractive TD SYNNEX Corporation 2025 Q4 - Results - Earnings Call Presentation TD SYNNEX Q1 2026 Earnings Preview NetApp initiated with Buy, while HP sees rating cut to Sell at Goldman
Tom Werner Eli Lilly ( LLY ) and Centessa Pharmaceuticals ( CNTA ), a clinical-stage company developing a new class of medicines for the treatment of excessive daytime sleepiness and other neurological conditions, Tuesday announced a definitive agreement for Lilly to acquire Centessa. Under the terms of the transaction agreement, Lilly will purchase all outstanding and future shares of Centessa, i...
Tom Werner Eli Lilly ( LLY ) and Centessa Pharmaceuticals ( CNTA ), a clinical-stage company developing a new class of medicines for the treatment of excessive daytime sleepiness and other neurological conditions, Tuesday announced a definitive agreement for Lilly to acquire Centessa. Under the terms of the transaction agreement, Lilly will purchase all outstanding and future shares of Centessa, including its American Depositary Shares (ADSs), for $38.00 per share in cash. In addition, shareholders will receive one non-transferable contingent value right per share, which could provide up to an additional $9.00 if three specified milestones are met - bringing the total potential value to as much as $47.00 per share. Centessa Pharmaceuticals ( CNTA ) shares rose 47% to $40.50 in premarket trading. Centessa is advancing a pipeline of orexin receptor 2 (OX2R) agonists designed to address the neurobiological system critical to the sleep-wake cycle to treat excessive daytime sleepiness and disorders of impaired wakefulness. Its lead investigational candidate cleminorexton (formerly ORX750) has demonstrated a potential best-in-class profile in Phase 2a clinical studies across narcolepsy type 1, narcolepsy type 2, and idiopathic hypersomnia, the company said. More on Eli Lilly, Centessa Pharmaceuticals Novo Nordisk Vs. Eli Lilly: Cheap Vs. Expensive, But No Clear Opportunity Why Eli Lilly Remains My Top Obesity Bet Roche Vs. Eli Lilly: Nvidia Deals, Obesity Battles Stoke Rivalry (I'd Buy Both) Eli Lilly expands AI drug push with multibillion-dollar Insilico deal Lilly says once-monthly eczema injectable delivered durable disease control
Bitfarms press release ( BITF ): FY EPS of -$0.38. Revenue of $229.28M (+72.0% Y/Y) misses by $40.96M . More on Bitfarms Ltd. Bitfarms Ltd. (BITF:CA) Shareholder/Analyst Call Prepared Remarks Transcript Bitfarms: A Bitcoin Mining Company In Transition Bitfarms: Holds Ground As HPC Permit Review Tests Its Pivot Bitfarms Q4 2025 Earnings Preview Bitfarms exits Latam with up to $30M sale of Paso Pe b...
Bitfarms press release ( BITF ): FY EPS of -$0.38. Revenue of $229.28M (+72.0% Y/Y) misses by $40.96M . More on Bitfarms Ltd. Bitfarms Ltd. (BITF:CA) Shareholder/Analyst Call Prepared Remarks Transcript Bitfarms: A Bitcoin Mining Company In Transition Bitfarms: Holds Ground As HPC Permit Review Tests Its Pivot Bitfarms Q4 2025 Earnings Preview Bitfarms exits Latam with up to $30M sale of Paso Pe bitcoin mining site
JHVEPhoto The Nasdaq ( NDAQ ) is evolving its index rules, like the ones that impact the flagship Nasdaq 100 ( NDX ). It's a big deal, given that more than $600B of exchange-traded funds are linked to the popular index, which is one of the key market gauges for investors. That's especially true for the biggest technology companies, which are fueling the artificial intelligence boom and beyond. Wha...
JHVEPhoto The Nasdaq ( NDAQ ) is evolving its index rules, like the ones that impact the flagship Nasdaq 100 ( NDX ). It's a big deal, given that more than $600B of exchange-traded funds are linked to the popular index, which is one of the key market gauges for investors. That's especially true for the biggest technology companies, which are fueling the artificial intelligence boom and beyond. What's happening? The biggest change coming to the Nasdaq 100 ( NDX ) will slash the time it takes for newly listed, large-cap companies to enter its main index. In the past, it took at least three months following an IPO for firms to be classified as eligible, to ensure that the market established a reliable share price and the stock no longer faced serious price swings. However, companies today generally wait much longer to list, ensuring they lock in a reliable amount of value before going public. As a result, the Nasdaq will shorten entry time to its benchmark index to a mere 15 trading days to give "a more accurate and timely representation of the investable market." "Industry professionals, including asset managers and institutional passive portfolio managers, were mostly supportive of the Fast Entry proposal and proposed timing,” Nasdaq said in response to possible concerns over volatility. The clearest upcoming beneficiaries are the expected blockbuster IPOs of SpaceX ( SPACE ) and OpenAI ( OPENAI ). Both will come to market with potential trillion-dollar valuations, meaning factoring these listings and their enormous amounts of value into the market sooner will have significant implications. Other changes: The new rules will take effect on May 1, along with several other revisions. Among them are the removal of the minimum 10% float requirement for eligibility, as well as low-float security weight adjustments, the replacement of the "10 basis point rule," and cessation of intra-quarter TSO adjustments. The Nasdaq ( NDAQ ) is not the only index provider that has been m...
(RTTNews) - The UK stock market gained notable ground in positive territory Tuesday morning, mirroring the trend in other major markets in Europe, as investors picked up stocks amid hopes of an early exit by the U.S. from the Middle East war.
(RTTNews) - The UK stock market gained notable ground in positive territory Tuesday morning, mirroring the trend in other major markets in Europe, as investors picked up stocks amid hopes of an early exit by the U.S. from the Middle East war.
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov writes about Sony’s PlayStation 5 price hikes. Tech Across the Globe Ajinomoto looks tasty: UK-based activist fund Palliser Capital has expanded its hunt for overlooked AI beneficiaries in Japan with a stake in seasoning maker Ajinomoto. Best known for its MSG ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov writes about Sony’s PlayStation 5 price hikes. Tech Across the Globe Ajinomoto looks tasty: UK-based activist fund Palliser Capital has expanded its hunt for overlooked AI beneficiaries in Japan with a stake in seasoning maker Ajinomoto. Best known for its MSG products, Ajinomoto also provides an essential chip insulation film, which Palliser reckons should be priced higher. DeepSeek’s blip: DeepSeek’s chatbot suffered a major outage of more than seven hours overnight in China, forcing the AI pioneer to deploy several updates to rectify the issue. Uber acquisition: Uber agreed to buy the chauffeur-booking app Blacklane, just weeks after unveiling a new luxury ride option called Uber Elite. Revalued As investors brace for a protracted conflict in the Middle East, they’re electing to sell the technology stocks that have been among the market’s biggest winners in recent months. Memory chipmaker Micron closed 10% lower Monday and fell even further in post-market trading. In Seoul, Samsung slumped nearly 5% and SK Hynix dropped as much as 7.7% early on Tuesday. Living in peculiar times We’re only three months into 2026 and it’s already been a roller-coaster year. A sprawling winter storm in January froze operations for many businesses across the US, a month later the Supreme Court struck down sweeping global tariffs, but by March the Iran conflict erected new barriers and threats to steady global trade. On Friday, Sony cited the global economic upheaval in announcing a $150 price hike for its top-tier PlayStation 5 Pro — to $900 — while also taking its standard PS5 to $650. Adding 18% to the cost of a five-year-old console is not merely unusual; it’s running in the opposite direction of well established history of depreciation with these devices. Half a decade in, companies are usually thinking about how to streamline or improve the h...
Microsoft Corp. ’s business software ecosystem faces a UK antitrust probe starting in May to decide whether licensing practices for products such as Word, Excel and AI app Copilot need tighter regulation. The Competition and Markets Authority said Tuesday it will open the investigation to decide whether the company must be given so-called strategic market status, allowing the regulator to impose p...
Microsoft Corp. ’s business software ecosystem faces a UK antitrust probe starting in May to decide whether licensing practices for products such as Word, Excel and AI app Copilot need tighter regulation. The Competition and Markets Authority said Tuesday it will open the investigation to decide whether the company must be given so-called strategic market status, allowing the regulator to impose penalties and steps to improve competition. The decision follows “wider concerns” about Microsoft’s position in business softwares that include productivity software, operating systems and database management, the CMA said. “The embedding of advanced AI, including assistants and emerging ‘agentic’ technologies, into familiar workplace tools means this is a pivotal moment for the sector,” the CMA said. At the same time, the CMA said it would continue working with Microsoft and Amazon Web Services Inc. for steps to improve competition in the cloud services market. The pair have assured “material steps” to improve competition in the cloud services market and the CMA will keep them under review, the watchdog said. The announcement follow the CMA’s prior investigation into the cloud services market which flagged competition concerns. The CMA found Microsoft and AWS each cornered as much as 40% of the UK’s customer spend on cloud services, which also underpin artificial model development and deployment. Customers spent £10.5 billion ($13.9 billion) on cloud services in 2024, with spending growing by nearly 30% each year since 2020, according to the watchdog. Microsoft’s cloud changes focus on switching, and interoperability, according to Brad Smith, the company’s vice-chairman. “The cloud market itself remains intensely competitive, with large investments by Amazon , Google , Oracle , and new neo-cloud entrants and ironically with Google, a complainant in this review, growing faster in the last quarter of 2025 than Amazon or Microsoft,” Smith said in a statement.