Logitech raised its outlook for the 2021 fiscal year and reported a more than 75% increase in non-GAAP operating income in its first quarter, boosted by demand for its webcams, video conferencing products and headsets as homeworking increased during the coronavirus lockdowns.
Schlagwort-Archiv: Markets
Coca-Cola earnings fall 33%, but company sees improving demand as lockdowns ease
Coca-Cola CEO James Quincey said the company believes that the second quarter will likely be the most challenging of the year.
Stimulus matters more to Wall Street than a vaccine: Market researcher James Bianco
Government intervention is the most powerful driver of the market rally, according to Bianco Research’s James Bianco.
China’s commercial real estate developers see growth in 3 key areas of a post-coronavirus economy
When it comes to betting on a post-coronavirus China, some of the country’s largest property developers are concentrating on a few industry and demographic trends they expect will grow in the longer term.
Stocks making the biggest moves in the premarket: Halliburton, Chevron, eBay, Delta & more
The stocks making the biggest moves in premarket trading include Halliburton, Chevron, eBay, Delta, and more.
Mastercard expands cryptocurrency program to allow more firms to issue cards on its network
Mastercard has signed a deal with Wirex that makes the London-based firm the first „native“ cryptocurrency platform to gain principal membership.
‚Don’t get greedy‘ — Mark Cuban warns investors of stock similarities to 1990s dot-com bubble
The billionaire businessman on CNBC on Monday compared the stock market’s big run-up from its late March coronavirus low to the 1990s tech frenzy.
CEO of major Asian bank says ‚a big, big challenge‘ is looming for the global economy
Piyush Gupta, CEO of Singaporean bank DBS, said many businesses may not survive when governments roll back measures that are currently keeping them afloat.
Virus surge and new China tensions could spark a 20% to 30% market meltdown, long-time bull Ed Yardeni warns
Yardeni Research’s Edward Yardeni is getting cautious on stocks for the first time since the March 23 rebound.
Dow falls 150 points as Wall Street focuses on potential virus vaccine and fiscal stimulus
Stocks traded mostly along the flatline traders weighed the prospects of a potential coronavirus vaccine and more U.S. fiscal stimulus.