TDC News & Events

Uncertainty regarding trade policy in the wake of last week's Supreme Court decision to overrule the Trump tariff efforts, compounded by more AI impact uncertainty after a widely circulated doomsday scenario substack published over the weekend by Citrini Research reverberated across the equity markets on Monday.  Software names were again under heavy selling pressure, though Financials was the worst performing sector on fears that technology will breach the payment network moats while also decreasing white-collar labor demand, with the feedback loop into mortgages and the housing market.  Staples, Healthcare, Utilities and Energy fared better amid continuing sector rotation away from Tech.In the opening hour of the evening session, the fragile sentiment has found some footing, with S&P e-minis and Nasdaq 100 contracts up marginally.  Commodities, meanwhile, are just off Monday's highs - WTI Crude Oil front-month contract still sits north of $66 per barrel, Gold is bid above $5,250, and Silver is just shy of $88 per ounce.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Super Group Limitedup 15.2%Keysight Technologiesup 15.1%Forward Airup 8.0%Helix Energy Solutions Groupup 6.9%Bed Bath & Beyondup 5.3%Douglas Dynamicsup 4.4%ALSO HIGHER -Teradataup 4.9% after disclosing litigation settlement, $480M awardDOWN AFTER EARNINGS -Ultra Clean Holdingsdown 10.4%Hims & Hers Healthdown 7.9%Paymentusdown 3.7%Kratos Defense & Security Solutionsdown 3.0%Diamondback Energydown 2.8%ALSO LOWER -Whirlpooldown 7.7% after mixed shelf offeringTandem Diabetesdown 5.0% after convertible debt offering

In a regulatory filing, the company states: "As previously disclosed, including most recently in Part II, Item 1 of Teradata Corporation's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, Teradata has been involved in several litigation proceedings against SAP SE, SAP America, Inc., and SAP Labs, LLC. On February 19, 20 with SAP, pursuant to which the Parties have agreed, among other things, to (i) resolve all past and pending litigation between the Parties, including the Litigation and (ii) mutual releases of all claims and liabilities asserted or that could have been asserted in the Litigation. As a result of the Settlement Agreement, Teradata will receive a gross payment of $480 million (the "Settlement Amount") no later than 60 days after the Effective Date. Upon Teradata's receipt of the Settlement Amount, the Parties will request that the court dismiss all claims, defenses and counterclaims with prejudice. Teradata believes that the net cash benefit of the Settlement Amount after associated fees and expenses, including a customary contingent fee arrangement and other outstanding legal fees incurred in connection with the Litigation, will be in the range of approximately $355-$362 million before taxes. Teradata is currently evaluating the appropriate use of the Net Proceeds and will provide an update on its 2026 first quarter earnings call."