Gartner IncIran ceasefire collapse and oil spike trigger risk-off, raising discount rates on future cash flows for business services firms.
Shares of Zebra, Gartner, and TransUnion fell in morning trading after President Trump declared the Iran ceasefire over and threatened fresh strikes, sending oil prices soaring and triggering a broad risk-off move. Brent crude jumped 7.5% to $79.65, reviving inflation fears and pushing global bond yields higher, which raised the discount rate on future cash flows for business services firms. The sector, which includes staffing, consulting, and outsourcing companies, is sensitive to economic growth expectations and tends to decline when geopolitical uncertainty clouds the outlook. Zebra fell 2.6%, Gartner fell 2.8%, and TransUnion fell 2.8%.
Gartner IncIran ceasefire collapse and oil spike trigger risk-off, raising discount rates on future cash flows for business services firms.
TransUnionGeopolitical uncertainty and rising bond yields hurt growth-sensitive business services firms like TransUnion.
Zebra Technologies CorporationRisk-off move from Iran tensions and oil spike pressures Zebra's valuation as a business services firm.