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2025-03-312025-03-311111100
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2025-03-312025-03-311111100
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Symbol LOGI
Name Logitech International S.A.
Currency USD
Sector Information Technology
IndustryGroup Technology Hardware & Equipment
Industry Technology Hardware, Storage & Peripherals
Market NASDAQ Global Select
Country Switzerland
State
City Lausanne
Zipcode 1015
Website http://www.logitech.com

us markets decline amid tariff fears and geopolitical tensions as gold surges

global markets brace for central bank decisions amid mixed stock performances

The Swiss bond market saw yields of 0.35% for two-year bonds and 0.767% for ten-year bonds, with the spot interest rate easing to 0.704%. The euro gained against the US dollar, now above 1.09, amid expectations of a supportive fiscal package in Germany and a busy week for central bank announcements, including the Fed and SNB. US stock markets are anticipated to open lower, influenced by Treasury Secretary Scott Bessent's comments on market corrections, while Nvidia shares rose ahead of a key AI conference.

mixed market signals as tech shares falter and peace talks continue

US Vice President J.D. Vance emphasized the need for a swift and lasting peace in Ukraine during a meeting with President Volodymyr Selensky, while trade tensions escalated under Trump’s new tariff policies. In the stock market, Airbnb surged over 14% after strong quarterly results, while Informatica's shares plummeted by more than 21% due to disappointing turnover. The Swiss Market Index is poised for a slight increase, driven by ongoing geopolitical developments and the upcoming earnings reports from major companies.

Swiss stock market maintains upward trend amid trade war concerns

The Swiss stock market maintained its upward momentum at midday, with the SMI up 0.44% as concerns over the US-China trade conflict lingered. UBS led gains at +1.9%, while Temenos rose 1.4% after selling its fund management unit. However, Leonteq faced an 8.4% drop following regulatory sanctions.

swiss equities decline as UBS shares slump amid financial market uncertainty

Swiss equities faced a downturn, with the SMI index dropping 0.57% to 12,475.49 points, primarily due to a 7.1% decline in UBS shares amid capital concerns despite positive results. The market remains volatile, influenced by ongoing tariff disputes, particularly with China. Notable losers included Swatch (-3.2%) and Sonova (-3.4%), while Medacta stood out with an 11% gain following strong sales figures.

Swiss stock market declines as UBS and Sonova shares fall sharply

The Swiss stock market faced a downturn, with the SMI index dropping below 12,500, primarily due to a significant decline in UBS shares amid capital concerns. While some companies like Lonza and Medacta saw gains, others, including Swatch and Sonova, struggled as uncertainty from international tariff disputes continued to weigh on investor sentiment.

global markets decline as trump tariffs raise economic concerns

The Swiss stock market closed lower, with the SMI down 0.40% amid global concerns over Donald Trump's new tariffs on key trading partners, which investors fear could harm the economy. While the services sector in Switzerland showed growth, manufacturing faced significant challenges, leading to workforce cuts. Notable stock movements included Julius Bär dropping 12.7% and Lonza rising 2.7%.

logitech international receives mixed analyst ratings amid institutional investment activity

US Bancorp DE increased its stake in Logitech International, now holding 7,898 shares valued at $709,000. The company, which designs and markets software-enabled hardware solutions, has a market cap of $15.70 billion and a "Hold" rating from analysts, with a recent earnings report showing EPS of $1.42, surpassing expectations. Hedge funds own 45.76% of the stock, reflecting ongoing institutional interest.

Logitech stock upgraded as strong Q3 performance boosts growth outlook

Deutsche Bank upgraded Logitech's stock rating from Sell to Hold, raising the price target to CHF 80 following strong Q3 performance, particularly in China and gaming. The company reported adjusted EPS of $1.59 and raised its fiscal 2025 revenue outlook to $4.54-4.57 billion, reflecting confidence in its growth trajectory. Kepler Cheuvreux also upgraded Logitech to Buy, citing recovery in key sectors and improved market dynamics.

ubs warns of rising costs amid anticipated revenue growth and regulatory pressures

UBS warns that higher capital requirements could increase operational costs, potentially squeezing margins even as the bank anticipates revenue growth. This situation poses challenges for balancing profitability without burdening consumers, impacting various sectors and overall economic health. As regulatory pressures mount globally, UBS's stance reflects a shift towards long-term stability, emphasizing the need for strategic agility in navigating stricter financial frameworks.
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