TD SYNNEX Corporation

U.S. large-cap stocks posted strong gains during the shortened week of March 30-April 2. VinFast Auto led with a 42.77% jump driven by strong EV momentum and Canadian rebates. Alcoa gained 24.12% on bullish commodities sentiment amid Middle East conflict resolution expectations. Other notable gainers included SBA Communications (23.22%), Equinox ...

TD SYNNEX reported strong Q4 results with revenue of $17.4 billion exceeding expectations and adjusted EPS of $3.83 beating forecasts. The company increased its quarterly dividend by 9.1% to 48 cents per share and generated robust cash flows. However, Q1 FY2026 guidance came in slightly below consensus estimates for EPS.

Dennis Polk, a TD SYNNEX Board member, sold 17,500 shares for $2.7 million, reducing his direct ownership to 31,117 shares. The sale was part of a stock option exercise and does not necessarily indicate company troubles.

Lantronix, a leading provider of IoT solutions, has expanded its partnership with global distributor TD SYNNEX to distribute its solutions across Europe, providing customers and partners with access to Lantronix's advanced offerings.

Lantronix, a global leader in IoT solutions, has expanded its partnership with TD SYNNEX, a leading global distributor, to distribute Lantronix's out-of-band, network infrastructure, and Industrial IoT solutions throughout Europe. This partnership aims to increase Lantronix's market presence in Europe and provide local-market access to its soluti...