Italy eyes better relations with Stellantis after automaker saves supplier jobs

Italy's Industry Minister Adolfo Urso announced a deal to prevent layoffs at Stellantis suppliers, aiming to improve relations and find long-term solutions for the automotive sector.

Nvidia, Palo Alto, Baidu fall premarket; Snowflake, Deere rise

Logitech shares rise on UBS upgrade

Earnings call: Logitech reported an improvement in gross margins to 44.1%

Logitech reported a 6% YoY increase in Q2 FY2025 net sales, boosted gross margins to 44.1%, and raised its fiscal outlook amidst strategic product launches.

Logitech CEO says global consumer confidence holding up

Logitech anticipates strong consumer confidence and growth in gaming products as it approaches the holiday season, despite a moderate market outlook for the fiscal year.

European shares sag, SAP boosts tech stocks after forecast raise

European stocks fell as geopolitical tensions and interest-rate uncertainties persisted, despite SAP's strong performance boosting tech shares and highlighting mixed earnings across sectors.

Logitech raises full-year outlook as sales and profit expectations climb

Logitech International raises its full-year sales outlook due to strong Q2 performance, reporting increased revenue and operating income, indicating a rebound from pandemic-driven demand decline.

Logitech founder fails in attempt to oust chairperson

Logitech founder Daniel Borel failed to oust Chairperson Wendy Becker, claiming inadequate leadership and tech experience, while shareholders overwhelmingly supported Becker's re-election at the AGM.